Morrisons insisted this morning (3 May) that it has made a "satisfactory" start to the year, despite booking its first drop in like-for-like sales since 2005. Like-for-like sales, which strip out the impact of store openings, fell 1% ...
Tags: Morrisons, sales, Morrisons report, food quality
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
Dairy Crest has booked a 16% drop in first-half adjusted profits as continued difficulties at its milk unit weighed on the bottom line. The Cathedral City cheese maker said adjusted pre-tax profit fell to GBP19.1m (US$30.5m) for the six ...
Tags: pre-tax profit, Sales drop, milk sector
PC manufacturers always look forward to a new Windows release, as it invariably boosts sales. Not this time it seems. Compared with 2011, laptop sales for the three-week period following October 26 2012 - when Windows 8 was launched - ...
The number of UK workers employed in the IT outsourcing sector has dropped, as has its total contribution to the UK economy, according to research by Oxford Economics. Research into the UK outsourcing sector in 2010 found that total ...
Tags: IT Outsourcing Jobs, IT outsourcing sector, IT and data-related services
IDG News Service - Intel gained PC microprocessor market share over Advanced Micro Devices during the third quarter, but worldwide shipments of x86 chips declined at rates not seen in more than a decade, according to Mercury Research. ...
Tags: Intel, PC microprocessor, Micro Devices, x86 chips
Broad-based Chinese plastics firm Cosmos Machinery Enterprises Ltd. has closed an appliance and electronics molding factory in Wuxi, China, as tougher economic conditions sharply cut sales and pushed the company into a small loss in the ...
Tags: market view, plastic machine
In the latest sign of significant slowing in China’s plastics industry, the country’s largest injection press maker, Haitian International Holdings Ltd., said Aug. 21 that sales for the first half of the year dropped 14 percent ...
Tags: market view, plastics machinery
Nokia shipped 10.2 million smartphones in the second quarter of 2012 – 39% less than the same period last year. The company reported its results for Q2 today, which revealed only four million of the 10 million handsets sold were ...
Tags: Nokia, Smartphone, Microsoft, Manufacturer
Apple's iPhone 4s remains the most popular smartphone in the UK, but is losing ground to rival devices from Samsung and Google's Android operating system market figures show. While sales of the iPhone 4s accounted for 25% of smartphone ...
Tags: iPhone 4s, Samsung, Google, Android operating system, smartphone
UK food sales have jumped as consumers splashed out for the Queen's Diamond Jubilee, but the latest figures from Kantar Worldpanel show that Tesco and Morrisons struggled to take advantage of this market growth. Both Tesco and Morrisons ...
Tags: food, Tesco, retailer, grocery inflation, frozen food
UNIT sales of utility ATVs in the UK have buoyed up the overall European market for quad bikes during the last six years. However, the market for all types of quad fell from 115, 000 units in 2005 to about 60, 000 units in 2011 - a lesser ...
Tags: market view, ATVs
Komatsu Ltd. (6301), the world’s second- largest maker of excavators, posted a 25 percent decline in fourth-quarter profit after Chinese sales declined. Net income fell to 37.7 billion yen ($464 million) for the three months ended ...
Tags: market view, excavators
Sears Holdings Corp. said it plans to spin off its small-format hometown dealer stores and outlets and sell 11 stores to raise cash and shore up its money-losing retail business. The long-suffering retailer, controlled by hedge-fund ...
Tags: Market View, hardware