more results news & analysis – Page 222
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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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Morrisons 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.
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NewsCo-op food sales bounce back over Christmas period
The Co-operative Group has posted like-for-like sales growth of 1% over the key festive period, fuelled by its c-store estate,
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NewsSainsbury’s sales grow 0.2% in ‘tough’ quarter
Sainsbury’s has reported like-for-like sales growth of 0.2%, excluding fuel, for the 14 weeks to 4 January.
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NewsWaitrose sales jump in Christmas week
After a slow start to the Christmas trading period, Waitrose has enjoyed a bumper week of trading.
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NewsGo diet on all soft drinks for more profits, industry urged
Soft drinks suppliers are being urged to switch production entirely to diet drinks to combat obesity…
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NewsPoundstretcher reports £3.7m loss
Poundstretcher has announced a £3.7m loss for the year ending 31 March 2013, according to accounts posted on Companies House.
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Losses double at Boparan but sales climb upwards
First-quarter losses at Boparan Holdings have more than doubled to £12.1m, but the group has signalled a “solid start” to the 2013/14 financial year
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NewsPrinces turnover jumps 15% as international sales grow
Princes has notched up a 15% increase in annual group turnover, rising to £1.74bn in the year ending 31 March
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NewsNon-fuel sales drive Euro Garages growth
Euro Garages has reported double-digit increases in full-year sales and profits, boosted by non-fuel sales.
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NewsTesco’s Clarke warns there are ‘no quick fixes’ as sales fall
Tesco boss Philip Clarke today described some of the activities of the discounters as “uneconomic” and said the UK’s biggest retailer would not resort to short term fixes on price, despite falling sales.
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NewsTesco and Hilton strike five-year meat deal
Meat packer Hilton Food Group has struck a six-year deal to supply fresh meat to Tesco, extending the two companies’ relationship until February 2019.
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NewsBritvic profits jump as it plans Fruit Shoot expansion in US
Britvic has reported a 28% increase in full-year profit before tax to £108m and sealed a new deal with PepsiCo Americas Beverages to extend the distribution of Fruit Shoot in the US.
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NewsCranswick reinvests £11m as profits climb 16%
Cranswick has pledged an £11m overhaul of its cooked meat facilities this year, having posted a 16% increase in pre-tax profits, to £26.1m.
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NewsJTI takes up fight against underage tobacco sales
Japan Tobacco International (JTI) has launched a pilot scheme to combat underage sales, which it claims is the first to be undertaken by a tobacco supplier.
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NewsPayPoint sales rise as Collect+ turns a profit
Sales and profits are up at PayPoint, while its Collect+ parcel scheme has turned a profit for the first time, half-year results have shown.
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NewsMajestic pledges online growth won’t erode bricks and mortar
Majestic Wine is aiming to grow its online sales to around 15% of its UK business over the next five year, chief executive Steve Lewis has said.
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NewsVion losses hit £50m before UK exit
Losses at Vion Food UK Limited – the company that covered Vion UK’s former pork, poultry and head office operations – had …





