UK retailer Marks and Spencer today(6 November)revealed a near-10%drop in first-half profits as sales gains at its food business failed to offset a decline in general merchandise. The company booked first-half pre tax profit of ...
Tags: profits, sales, Christmas products
South African supermarket operator Shoprite Holdings said it was able to report "strong growth" in its first quarter, despite ongoing "depressed market conditions". The company said total sales increased by 15.6% in the three months to ...
Tags: supermarket, total sales, increased, Shoprite Holdings, strong growth
Saudi Arabian cement manufacturer Yamama Cement anounced a 17% increase in net profit for the nine months to September 30 of $171.7m (SR: 644m), compared with $146.4m (SR: 549m) last year. The company said that it had increased net profits ...
Tags: market view, cement
Despite poor performance on the high street this summer, 86% of UK retailers are either optimistic about or undaunted by Christmas trading prospects this year and 85% see strong or steady company growth levels in 2013. This was revealed ...
Tags: retailers, Fair, Christmas, trading season