latest – Page 203
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NewsAsda playing the ‘long game’ as Q4 sales dip 0.1%
Asda today blamed a tough climate for British retail as it posted a 0.1% decline in like-for-like sales for the 13 weeks ending 3 January 2014.
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NewsArla UK sales boom as Lurpak and Anchor outperform market
Arla today announced total revenue across its global operations hit 73.6 billion DKK (£8.4bn) in 2013, up 16.6% on 2012.
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NewsCoca-Cola to beef up marketing spend as global sales dip
Coca-Cola is responding to a dip in sales with a boost in media spend and a diversification into new areas – including a cold-beverage home dispenser.
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NewsNestlé chalks up growth of 5.2% in fourth quarter
Nestlé has reported a strong end to the financial year after a series of disappointing quarters.
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NewsBestway’s wholesale turnover flat as it cuts margins
Bestway has reported a 6.6% increase in full-year profits.
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NewsCostco global sales climb 6% in January
Costco today posted a 6% net sales increase for January, compared with the same period last year.
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NewsOcado co-founder Gissing retires as turnover grows 15.2%
Ocado co-founder and commercial director Jason Gissing has announced his retirement, as the online grocer reported another full-year pre-tax loss.
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NewsDairy Crest creams off £15m in profit from sale of Nine Elms
Dairy Crest expects to report full year profits ahead of expectations after the sale of its Nine Elms depot….
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NewsCranswick sales rise 14% as consumers tuck in to pork
Cranswick has posted a 14% increase in third-quarter sales after benefitting from the low relative price point of pork versus other meats.
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NewsProfits soar at poultry group Faccenda
Poultry supplier Faccenda has grown profits by 46% after boosting volumes, adding value to their product mix and paying less interest.
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NewsPoundland sales growth down to ‘broadening appeal’
A surge in middle class shoppers has helped Poundland to secure record Christmas sales.
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NewsConviviality Retail pre-tax profits rise 13%
Conviviality Retail has reported a 13% hike in pre-tax profits, excluding exceptional items, to £2.2m for the 26 weeks to 27 October.
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NewsGT News profits soar
CTN operator GT News has reported a 13.8% increase in profits as it reaps the rewards of its ongoing store reorganisation …
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NewsBooker sales lifted by Makro acquisition
Booker has posted a 19.1% hike in third-quarter sales, boosted by its acquisition of Makro last year.
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NewsFortnum & Mason enjoys Christmas sales growth
Fortnum & Mason has reported double-digit Christmas sales growth topping off big increases in annual sales and profits.
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NewsUK growth helps Hilton Food Group’s top line
Good UK performance along with new products in Holland and a new production line in Denmark all contributed to turnover growth in Western Europe in 2013, Hilton Food Group has said.
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NewsTesco Christmas sales drop as superstores feel the pinch
Tesco’s out-of-town stores have been hurt by a major shift to online shopping, discount stores and convenience outlets, the retailer admitted today.
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NewsGreggs sales pick up over Christmas but job cuts loom
Greggs’ like-for-like sales grew 2.6% in the 13 weeks to 28 December as it saw “strong demand” over the Christmas period, but it warned jobs cuts were on the way.
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NewsMorrisons sales tumble 5.6% in tough festive trading
Morrisons has reported a 5.6% fall in like-for-like sales excluding fuel for the six weeks to 5 January.
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NewsM&S food business buoyant as clothing sales slump
Marks & Spencer has reported a small drop in quarterly like-for-likes despite a much-publicised revamp of its clothing offer.