Danone today (19 February) revealed it plans to cut 900 jobs from its operations in Europe in a bid to revitalise its business in a region where sales fell in 2012. The Activia firm said in December it wanted to reduce its costs in Europe ...
The first increase in dairy sales volumes for nearly two years in the fourth quarter of 2012 has helped Danone round off a challenging year on a positive note. Danone, which was forced to issue a profit warning in June amid poor sales in ...
Tags: Danone, 2012, Dairy Boost
Swedish retailer Axfood saw its profits increase in 2012 but CEO Anders Strålman expressed dissatisfaction with the company's like-for-like sales. Axfood booked a 4.5% rise in profit after tax to SEK895m. Impairment costs at its ...
New figures from BDO's High Street Sales Tracker have shown that the first week of 2013 recorded the best weekly performance in three years - however January still ended up being a flat month. The overall figures show that like for like ...
Tags: Retailers, Toys, Toys Industry
Greencore reported a "satisfactory" start to the year today (29 January) as acquisitions in the US offset flat UK revenues. In a trading statement released ahead of its AGM, Greencore said that sales of at its convenience food business ...
Tags: Greencore, US offset flat, UK revenues
Russian food retailer Dixy Group has reported a strong double-digit increase in sales for 2012, thanks to it acquisition of Victoria Group and new store openings. Dixy reported yesterday (23 January) that net sales for the 12 months to ...
Tags: Russia, food retailer, Dixy Group, 2012
Russian retailer O'Key has seen its like-for-like sales rise during the fourth quarter, which contributed to a 24.5% increase in total revenue. During the period total revenues rose to RUB116bn (US$3.8bn). Gains were primarily driven by ...
Tags: O'Key, sales, fourth quarter
Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
2 Sisters Food Group has won a new supply contract that will create 100 jobs at its Nottinghamshire sandwich manufacturing facility, Solway Foods. 2 Sisters is creating 100 jobs in sandwich manufacturing Solway Foods makes fresh ...
Tags: 2 Sisters Food Group, contract, sandwich manufacturing facility
Nearly half of all Argos sales during the 44 weeks to January 5th were made online - some 42 per cent. Customers can also use the Check & Reserve service across 16,000 Argos products. The news comes as the retailer prepares to launch ...
Tags: Argos sales, toy, toy Furby
Mothercare says it's "making solid progress" and is on-track with its three-year transformation plan. The retailer reported a 5.9 per cent like-for-like sales drop in the UK during its fiscal Q3 period (the 13 weeks ending January 12th, ...
Tags: Mothercare, transformation plan
Carrefour, Europe's largest retailer, has recorded an increase in full-year sales as good growth in the emerging markets of Latin America and Asia offset tough trading in Europe. In the 12 month period, sales edged up 1% to EUR86.56bn ...
The UK's largest cash and carry wholesaler Booker Group has posted an increase in third-quarter sales, boosted by revenue growth in all its divisions. In the 16 weeks ended 4 January, total sales rose by 3.1%, while like-for-like sales ...
Tags: Booker, sales, fresh departments
UK confectioner Thorntons sounded a cautious note on the year ahead despite booking an increase in second-quarter sales. In the 14 weeks to 12 January, total sales grew by 5.4% to GBP88m (US$141.1m), the group reported today (16 ...
Tags: Thorntons, confectioner, sales
Supermarket chain Morrisons - the only one of the "big four" without an online ordering and delivery service - is preparing to launch its new online service. According to reports, it has established its own in-house digital marketing ...
Tags: Morrisons, online ordering, online service