Swedish retailer Axfood has booked drop in third-quarter profits as earnings were hit by costs related to store closures. In the three months to the end of September, profit after tax fell 0.7% to SEK265m (US$39.7m), which Axfood ...
Tags: Axfood, Q3 profit, costs, store closures
Swedish retailer Axfood has booked an increase in first-half profits, boosted by an increase in customer numbers and continued cost control measures. In the six months to the end of June, profit after tax amounted to SEK403m (US$57.5m), a ...
Tags: Axfood, H1 Profit, increase, customer numbers
UK own-label firm Bakkavor has reported an "improvement" in its revenue and margins in a set of mixed half-year numbers. The company booked a 3% increase in like-for-like revenue for the first six months of 2012 to GBP853.3m (US$1.34bn), ...
Tags: Bakkavor, improvement, H1
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods
Sainsbury's said today (13 June) it was still performing better than its UK retail rivals after it reported an increase in first-quarter underlying sales. The UK's third-largest retailer saw like-for-like sales, excluding fuel but ...
Tags: Sainsbury's, retail, underlying sales, goods retailer
UK retailer Asda has booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. In the three months to the end of June, excluding fuel, net sales grew 3.2%. Comparable sales, ...
Tags: Asda, sales, financial year, Q2
Russian retailer Dixy has booked an increase in nine-month sales, boosted by its acquisition of rival Victoria. Group sales in the January to September period climbed 56.2% to RUR106.74bn (US$3.41bn), while like-for-like sales grew 5.35%. ...
Tags: retailer Dixy, Dixy, sales, hypermarket
French retail giant Carrefour has suggested that efforts to improve the performance of its hypermarkets in France were paying off, despite sales falling in the second quarter of the year. Like-for-like sales from Carrefour's French ...
Tags: Hypermarkets, Carrefour, retail giant, market
Carrefour CFO Pierre-Jean Sivignon has insisted he expects a series of measures to help improve the retailer's performance after it reported another quarter of falling sales in its domestic market. Speaking on the firm's earnings call ...
Tags: Carrefour, hypermarkets, retailer, market
Marks and Spencer's food business will continue to prosper, the UK retailer's chief executive said today (10 July), despite the head of the division being moved to lead its under-pressure non-food arm. Marc Bolland told just-food the ...
Tags: food business, food, food industry, food market
Retail giant Tesco announced today(December 5)a review of its US enterprise Fresh&Easy and the departure of the business'boss,Tim Mason,after years of disappointing financial results. "It is now clear that Fresh&Easy will not deliver ...
Tags: Tesco, financial results, Fresh&Easy
At the end of 1H2012 –from the 1st of February to the 31st of July-, Inditex had net sales of 7.2 billion euros, 17 % more than the same period from last year. Like-for-like sales have increased by 7%. During this period, the ...
Tags: Inditex, Spain, investments
Marks and Spencer Group Plc (M&S) reports half year results 2012/13, 26 weeks ended 29 September 2012. 2012/13 half year operating review: The market continued to be challenging through the first half of the financial year, with ...
Tags: M&S, half year, results, operating review
Stabilising Tesco's UK market share and achieving stable UK trading margins should be key goals for the retail giant,according to City analyst Shore Capital. Tesco's priority should be stabilising its UK market:Shore Capital Its ...
Tags: Tesco, UK market share, UK trading margins, stable
UK retail sales values were up 1.5% on a like-for-like basis from September 2011, when they were up 0.3% on the preceding year. On a total basis, sales were up 3.4%, against a 2.5% rise in September 2011. The recovery from last month was ...
Tags: retail sales values, clothing, footwear