All Financial results articles – Page 163
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AnalysisOracle Retail Week Awards: Hotel Chocolat reaps rewards for innovation and branding
Hotel Chocolat is the Speciality Retailer of the Year. Rebecca Thomson outlines how it caught the judges’ eyes.
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AnalysisOracle Retail Week Awards: Asos’ appeal makes it a global star
Fashion specialist Asos is named the 2013 PayLater Pure-Play Etailer of the Year following a storming performance in 2012.
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AnalysisInternational analysis: Is Carrefour’s strategic plan equal to the market?
Despite challenges in formats and geography, Carrefour’s 2012 results were above expectations and saw its first rise in domestic profit.
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AnalysisOracle Retail Week Awards: Value supermarket retailer Aldi scales new heights
Aldi has gained ground rapidly in recent years and consumers are flocking to its stores. Nick Hughes explains how it won The Zolfo Cooper Growth Retailer of the Year award.
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AnalysisOracle Retail Week Awards: Fashion giant Zara powers ahead globally
Zara’s success story is phenomenal - its global reach, supply chain and product are the envy of many rival retailers. Nick Hughes explains why it won Wipro Technologies International Retailer of the Year.
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AnalysisOracle Retail Week Awards: Sir Philip Green – taking retail to new levels
Sir Philip Green, winner of this year’s Outstanding Contribution to Retail award, talks about building his empire, US success and doing his bit for the industry.
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OpinionNick Bubb's Verdict: Is Morrisons getting the balance right?
Has Morrisons chief executive Dalton Philips struck the right balance between short-term tactical moves and long-term strategic investments?
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News
Delhaize Group's operating profit plummets
Delhaize Group’s operating profit plummeted 52% to E390m (£340.6m) in 2012. EBITDA fell 14.5% to E1.3m (£1.1m), mainly because of a store portfolio optimisation charge during the first quarter.Aside from the optimisation, the group said selling, general and administrative costs amounted for 21% of revenues.
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News
Otto Group records rise in revenue
Online and mail order specialist Otto Group recorded a 2% rise in revenue to E2.1bn (£1.83bn) for the year to February 28, 2013.While not disclosing figures, the company said that it achieved its highest profit in a decade and that 80% of sales now come from ecommerce.Otto is restructuring its ...
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AnalysisAnalysis: What Republic will bring to Mike Ashley’s empire
The Sports Direct acquisition of young fashion retailer Republic will bring it into even fiercer competition with rival JD Sports.
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AnalysisInternational analysis: Target aims for Canadian market share
Lacklustre trading over Christmas hasn’t cast a shadow over discount retailer Target as it gears up for its first international foray.
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News
Department store Macy's reports solid performance for 2012
Department store group Macy’s reported a solid performance in 2012 on the back of strong online growth.For the full year, sales reached $27.69bn (£18.38bn), an increase of 4.9% on the previous year. Like-for-like sales, which strip out an extra week in fiscal 2012, increased 3.7%, beating company guidance.Online sales from ...
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NewsVideo: John Lewis Partnership reports 17% bonus as profits soar 15.8%
John Lewis Partnership staff will receive bonuses worth 17% of salary after the group reported a 15.8% surge in full year pre-tax profits.
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OpinionComment: Can department store Debenhams get back on track?
Department store group Debenhams has fallen from grace with investors, with almost 15% wiped off the retailer’s share price.
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News
Grocery retailer Ahold reports profit decrease
Grocery retailer Ahold’s 2012 profits were hit by increased pension costs and restructuring charges at its US operation.For the full year, net income fell 18.7% to E827m (£713.6m). Fourth-quarter operating income included pension costs of E88m (£75.9m) in the US and Europe, and E26m (£22.4m) of impairment costs primarily related ...
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NewsAgricultural retailer Countrywide breaks into first half profit
Agricultural retailer Countrywide has broken into first half profit after investing in lowering prices and improving stores.
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News
Walmart records solid trading for fourth quarter
Walmart recorded solid trading in its fourth quarter. In the 13 weeks to January 25 group net sales increased by 3.9% to $127.1bn (£84.13bn). Group income from continuing operations rose 7.9% to $5.6bn (£3.71bn).Much of the growth was driven by overseas operations. Walmart International reported a 6.9% increase in fourth-quarter ...
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AnalysisAnalysis: Quality and design drive Sainsbury’s non-food growth
Sainsbury’s non-food business has “come of age”. We discover how quality and design have played a vital part in its rejuvenated offer.
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AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
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OpinionRetail surgery: How can we deal with underperforming stores?
How can we deal with underperforming stores?