All Financial results articles – Page 169
-
NewsAnalysis: The Entertainer sets it sights on overseas growth
The Entertainer’s prospective move into international markets could be a game-changer for a retailer that has made delivering growth in a difficult category look like child’s play.
-
News
Migros Ticaret reports sales increase
Grocer Migros Ticaret has reported sales of TRL1.83bn (£639m) for the three-month period ending September 30, a 13.1% increase on the same period last year. Gross profit rose by 15.2% to TRL468m (£163m).Sales benefited from store openings, as well as a focus on the private label category and fresh products.
-
News
Spar unveils group turnover increase
Grocery retailer Spar has unveiled a 12.2% increase in group turnover to ZAR43.2bn (£3.1bn) and a 7.5% rise in trading profit to ZAR1.5bn (£107m), for its financial year ended September 30.Sales growth was helped by internal inflation of 6.1%.
-
NewsSir Philip Green raises prospect of more big deals to come
Sir Philip Green expects a “seat at the table” if retail consolidation presents opportunities.
-
OpinionComment: Alistair McGeorge safely steers New Look
The canny Alistair McGeorge looks to be making some progress in turning around fashion group New Look.
-
News
Electricals retailer Darty reports fall in revenue
Electricals retailer Darty, formerly Kesa, reported a 2.2% fall in revenue for the six months to October 31.The drop reflected a poor performance in the retailer’s domestic market, where sales slipped 3.9%, and its developing division (Spain, Italy and Turkey), where sales fell 2.6%.Like-for-likes showed a similar pattern, falling 1.7%. ...
-
News
Ahold reports sales increase
Sales at Ahold rose 10.8% to E7.6bn (£6.11bn) in the third quarter.Operating income was down 3.7% to E289m (£232.3m).The grocer’s net sales in the US rose 1.9% to $5.9bn (£3.71bn).
-
NewsArcadia profits rise despite falling sales
Arcadia has posted a £33.8m increase in group pre-tax profits before exceptional items to £166.9m despite a 3.2% fall in UK retail like-for-like sales.
-
NewsFrench Connection reports flat like-for-likes
French Connection has reported flat like-for-likes after a step up in performance in the third quarter.
-
NewsJD Sports like-for-likes rise 1.5%
JD Sports has reported an increase in like-for-like sales despite a significant drop-off in trade at its fashion division.
-
OpinionComment: Matt Davies is the man to drive Halfords’ future
Of course, it is too early to expect the arrival of new Halfords boss Matt Davies to have had a material impact on the retailer’s interim results, so he bore little responsibility for its 23% slump in first-half profits this week.
-
NewsAnalysis: Kurt Geiger focuses on international growth
Growing its international footprint is top of the retailer’s agenda under new owner Jones Group.
-
AnalysisAnalysis: Retailers race to grab Comet's market share
Electricals rivals are squaring up to grab share of Comet’s sales in the wake of its demise, but can they avoid a similar fate?
-
AnalysisAnalysis: Facing up to the challenges at Morrisons
It has been a tough year for Morrisons, evident in a 2.1% fall in like-for-likes in the third quarter. Retail Week takes a look at the grocer’s prospects.
-
NewsSainsbury’s Justin King: Market is polarising
Clear division between winners and losers emerging as JS posts profits rise.
-
OpinionComment: Matt Davies’ new direction for Halfords
Halfords posts interim results on Wednesday, the first set since Matt Davies was appointed chief executive.
-
NewsComet collapse sparks early Christmas rush
Retailer’s demise pulls forward seasonal sales of electricals and technology.
-
NewsHobbs targets offices with pop-up shops
Premium fashion retailer Hobbs wants to install pop-up shops in offices to make it more convenient for its core customers to shop.
-
News
Fashion retailer Gap reports sales increase
Sales at Gap increased 8% to $3.86bn (£2.4bn) during its third quarter ended October 27. The retailer reported a 6% rise in like-for-like sales, against a 5% decrease in the same period last year.Like-for-likes in North America rose 7% across Gap, Banana Republic and Old Navy, but fell 3% internationally.For ...
-
AnalysisProfile: Steven Cohen, chief executive, Blue Inc
The Blue Inc boss, who reported strong profits last week, has managed to turn the recession to the retailer’s advantage. He tells Gemma Goldfingle how he has done it.