The board of Russia's X5 Retail Group has nominated interim CEO Stephan DuCharme to take the post permanently, as new figures show that store openings lifted the firm's sales in 2012. DuCharme, who's appointment is still subject to ...
Tags: X5 Retail Group, Russia, CEO, Stephan DuCharme
Portugal and Poland-focused retailer Jeronimo Martins has seen strong growth at its Biedronka chain lift the group to a double-digit sales rise for 2012. For the 12 months to the end of December, Jeronimo Martins reported net sales up by ...
Tags: Portugal, Poland, Jeronimo Martins, retailer, sales
UK retailer Tesco booked better-than-expected UK sales over the key Christmas trading period as the group benefited from the various initiatives under its domestic turnaround plan. The group has invested in improving its customer ...
The Entertainer has enjoyed another record Christmas, recording a like-for-like sales increase of 9.5 per cent in the five weeks to December 29th. The specialist toy chain told Retail Week that it maintained margins as total sales boomed ...
Tags: toy chain, toy, Christmas sales, store sales
Marks and Spencer group Plc released its quarter 3 2012/13 interim management statements 13 weeks to 29 DECEMBER 2012 - Group sales +0.6% - Total UK sales +0.3% - Like for like UK sales -1.8% - Multi-channel sales +10.8% - International ...
Tags: Marks and Spencer group, quarter 3, 2012, Food business
More frugal consumers are evolving the way they shop in response to the austere economic environment, Sainsbury's CEO Justin King has suggested. Sainsbury's booked a 0.9% increase in third-quarter like-for-like sales excluding fuel this ...
Tags: Sainsbury, frugal consumers, CEO, Justin King
Sainsbury's has booked a 3.9% increase in quarterly sales, boosted by the supermarket group's "strongest ever" Christmas trading period. During the three months to 5 February, like-for-like sales increased by 1.5%. The same-store gain ...
Tags: Sainsbury, quarterly sales, supermarket group, Christmas trading period
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to ...
Tags: food inflation, Sainsbury, sales, Retail Pack
Food price inflation is expected to stabilise over the next few months – despite recent reports of big food price increases from Waitrose – according to market research organisation BRC-Nielsen. Sainsbury reported total ...
Tags: food, price inflation, food price, Waitrose
UK supermarket group Morrisons has booked a "disappointing" set of results for the quarter to 30 December, with trading over the key Christmas period lagging the overall weak market. In its trading update, released this morning (7 ...
Tags: UK, supermarket group, Morrisons, sales
Morrisons today (7 January) hinted that an announcement regarding its long-awaited launch into online retail could be nearing. The supermarket operator, which earlier this morning booked a 2.5% drop in like-for-like sales in the quarter ...
Tags: Morrisons, announcement, online retail, supermarket operator
The UK’s fourth biggest supermarket Morrisons has “lost touch with its core customers”, claimed one leading city analyst, after the retailer reported total sales down by 0.5% over the six weeks to December 30 2012. ...
Tags: UK, supermarket, Morrisons, core customers
Morrisons has once again booked a decline in like-for-like sales worse than the overall market, as the group struggles to maintain its share in the face of a highly price-focused consumer. According to management, the "greatest headwinds" ...
Tags: Morrisons, headwinds, convenience offering, company news
John Lewis has revealed solid sales growth over the festive period - with total sales up 14.8 per cent compared to 2011. Like for like sales for the five weeks to December 29th, 2012 were up 13.0 per cent. Compared with two years ago, ...
Tags: John Lewis, solid sales, Christmas, toy
Dutch supermarket operator and wholesaler Sligro has survived a fourth-quarter slowdown to report a 2% lift in full-year sales. For the 12 months to the end of December, Sligro said today (2 January) that net sales increased by 1.9% on ...
Tags: Sligro, sales, full year sales, company news