All Financial results articles – Page 167
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NewsLK Bennett sales boosted by online and US trade
Luxury fashion retailer LK Bennett has reported a 15% increase in turnover last year as growth in the US and online drove sales.
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OpinionComment: M&S - the curious incident of the results in the night-time
The extraordinary mid-evening conference call on Wednesday night, when Marks & Spencer pulled forward its Christmas trading statement, has prompted speculation aplenty.
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NewsSurge in use of multichannel services at Christmas
Christmas demand soars for retail’s multichannel services such as click-and-collect and speedy delivery as consumers increasingly take advantage of the different ways to shop.
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OpinionComment: Christmas trends point to retail’s ‘new normal’
Christmas was neither cause for celebration, nor the disaster some had feared.
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NewsHealthy start to Boxing Day and January Sales for big-ticket retailers
Home and furniture groups report steady performance of Sales despite the impact of fewer shopping days because of the way the bank holidays fell during the Christmas period.
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AnalysisAnalysis: Lucy Neville-Rolfe says farewell to Tesco
As she retires from a 15-year career at Tesco coinciding with phenomenal growth, executive director Lucy Neville-Rolfe tells Alex Lawson about her career with the top retailer.
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AnalysisChristmas roundup: Food - Convenience was King for shoppers
Convenience stores proved vital in grocery over Christmas as stretched shoppers rushed to local shops to raid remaining supplies before the big day.
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OpinionComment: Online retail can cause dilemmas for retailers
Digital retailing made Christmas for the industry, it seems.
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AnalysisChristmas roundup: Entertainment - Book sales boost entertainment
The Works has reaffirmed its faith in physical books despite rising ebook sales.
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AnalysisChristmas roundup: Fashion - Stock kept tight to avoid discounting
Fashion retailers have reported a strong Christmas but remain cautious about the year ahead.
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AnalysisChristmas roundup: Toys - The Entertainer targets growth after record sales
The Entertainer achieved a record Christmas. Like-for-likes rose 9.5% in the five weeks to December 29, as it pushes the button on international expansion plans.
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NewsDreams posts 7.2% like-for-like sales jump
Up-for-sale beds retailer Dreams has recorded a 7.2% rise in like-for-like sales over Christmas and New Year.
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News
Jumbo Supermarkten posts sales increase
Dutch grocery retailer Jumbo Supermarkten posted sales of E6.96bn (£5.66bn) for financial 2012. Turnover at Jumbo stores rose 31.7% to E3.23bn (£2.62bn.The rapid increase was mainly generated by its acquisition of competitor C1000, which raised the store count of its Jumbo-bannered shops from 263 to 309.Like-for-like sales growth was 2.7%. ...
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NewsH.Samuel and Ernest Jones Christmas sales fall
Like-for-like sales at jewelers H.Samuel and Ernest Jones fell over Christmas.
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NewsTopps Tiles like-for-likes rise 1.6% in first quarter
Topps Tiles has reported a 1.6% uplift in like-for-like sales in the first quarter as trading gathered pace in the run up to Christmas.
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News
Inditex posts net sales increase
Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31.The addition of stores in emerging markets and the expansion of the online business boosted sales.Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The retailer opened ...
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OpinionComment: Top retailers deliver returns
So farewell then Comet, which went through its death throes this week and will never trade through another Christmas - at least not as a chain of stores.
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AnalysisAnalysis: How can HMV heal its trading wounds?
Following HMV’s warning on covenants last week, Retail Week takes a look at seven areas the retailer needs to focus on to survive.
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News
Drugstore retailer CVS anticipates "solid enterprise growth"
Drugstore retailer CVS anticipates “solid enterprise growth” for the 2013 financial year, with net revenue growth increasing from 0.75% to 2%. Retail pharmacy net sales growth is expected to be in the 1.25% to 2.5% range, with like-for-like sales gains of 0.25% to 1.5%.
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NewsBlackwell's losses narrow despite falling sales
Blackwell’s narrowed its losses last year after disposing of its Dutch subsidiary Houtschild for €1m in June.