October retail sales data released this week by the United States Department of Commerce and the National Retail Federation (NRF) were down sequentially and up annually. The Department of Commerce reported that October retail sales at ...
Tags: commerce, NRF, October retail sale
The Nestlé Group has reported 11% increase in total sales to CHF67.6bn ($73.1bn) for the first nine months of 2012. Zone Americas has reported CHF20.9bn ($22.6bn) sales. In North America, both soluble coffee and coffee creamers: ...
Tags: NestléNutrition, sales, Infant Nutrition
A Portland Cement Association (PCA) forecast has predicted a 7.5% growth in 2012's cement consumption, up 50 basis points from its summer forecast. However, the PCA has said that instability in the political landscape makes projecting 2013 ...
Tags: cement
TORONTO --- After announcing its blockbuster decision earlier this week to acquire its archrival The Brick, retailer Leon's Furniture posted a 15% decline in net profit for the recently ended third quarter, attributing the fall to increased ...
Tags: furniture
WEST LAFAYETTE, Ind. --- Manufacturer and importer Chromcraft Revington said third-quarter sales rose 3.4% on an uptick in shipments of commercial office furniture. The company, whose brands include Chromcraft, Cochrane, Peters-Revington ...
Nearly two-thirds of UK citizens back pre-emptive cyber strikes on foreign states that pose a credible threat to national security,a survey has revealed. However,46%of those believe it depends on the level of threat posed,according to a ...
Tags: UK citizens, cyber strikes, security information event management firm
Morrisons today (8 November) announced commercial director Richard Hodgson will leave the UK retailer - on the day it reported another quarter of falling like-for-like sales. Third-quarter sales came in lower than expected as the UK ...
Tags: retailer, trading environment, supermarkets, consumer confidence
MPs have called for an end to above-inflation beer tax to protect the brewing industry and stop Britain's pubs going out of business. Under the current beer duty escalator tax,prices rise annually by 2%plus inflation,which means the price ...
Tags: beer tax, inflation, brewing industry
There are many indicators used to help us understand where the economy is going and where it has come from. One area of interest is the commercial building and construction sector. This sector impacts a few key areas. First, when the ...
UK retail giant Tesco has revealed a "multi-million" pound revamp of its meat, fish and poultry range as part of a GBP1bn (US$1.6bn) investment programme announced earlier this year. The re-launch, unveiled yesterday (5 November), ...
Tags: Tesco, revamp, investment, quality improvements
Greetings from London—I'm stopping here for a brief brake after spending an interesting two days in Switzerland at the Montblanc watch manufacturing facilities. As I mentioned a few weeks ago this is the season when the Christmas ...
Tags: Christmas, retail surveys, Online retail, holiday season
Following three straight months of declining manufacturing output,the Institute for Supply Management(ISM)reported today that the manufacturing sector grew in October for the second straight month. The PMI,the index used by the ISM to ...
Metro Group reported lower third-quarter profits but its shares climbed after the German retail giant stuck to its forecast for annual earnings, which it had cut earlier this month. The company booked net income of EUR125m for the three ...
Tags: Metro, third-quarter profits, lower, consumer confidence
After a tumultuous few months the wool market is returning to stability with prices on the rise again at the last two British Wool Marketing Board (BWMB) auction sales of British wool. Speaking at last week's BWMB annual conference in ...
Tags: wool market, BWMB, wool, textile
British Gas chief information officer(CIO)David Cooper likes to keep things low-key.But the scale of his multimillion-pound technology transformation,and the impact his team's work has on customer spending,makes his one of the ...
Tags: British Gas, 26 IT workstreams, CRM, UK