Referring to comments made in a conference call covering the supermarket chain's first quarter (Q1) trading performance, Shirley told FoodManufacture.co.uk: "They were talking about the strength of the own-label business, which has ...
Tags: Agriculture, Food
The manufacturer, which specialises in fresh prepared foods, announced today (June 13) that it had completed financial negotiations with banks enabling it to pay off some of its debt and extend existing loan agreements. As a result, ...
Tags: Agriculture, Food
Sainsbury reports first quarter trading statement for 12 weeks to 8 June 2013. Highlights: -Total sales for first quarter up 3.6 per cent (3.3 per cent excluding fuel) -Like-for-like sales for first quarter up 0.7 per cent (0.8 per ...
Tesco continues to struggle across Europe, with like-for-like sales excluding petrol down 5.5% as “tough economic conditions, challenging competitors and over-dependence upon out-of-favour hypermarkets” take their toll. ...
Tags: chilled convenience meals, frozen beef, Tesco, Darren Shirley
UK retail sales for May underline the growing importance of online sales, which “saved retailers’ bacon”, last month, according to consultancy firm KPMG. Online sales 'saved retailers' bacon' in May, said KPMG ...
Tags: British Retail Consortium Sales Monitor, Online sales, KPMG
Greencore has reported a significant increase in its half-year results, despite the problems it has faced with the horsemeat contamination scandal. Coveney acknowledged that the UK retail environment was a tough one The convenience ...
Gift cards, vouchers and alternative payment methods on the increase. UK shoppers did 9.7 per cent less of their shopping with cash in 2012 compared to the previous year. Paying with cash is still the most popular choice for customers ...
Group is "moving in the right direction" says chairman, as results for FY12/13 revealed. Mothercare executives have said that the infant and nursery retailer is making "good progress" after the first year of its 'Transformation and ...
Tags: mothercare, Toys, Footing
The BBC is to abandon a £98m digital production system and suspend its chief technology officer (CTO), John Linwood, after the organisation's chief executive Tony Hall said it had "wasted a huge amount of licence fee payers' money". ...
Tags: BBC, IT Project, CTO John Linwood
Marks and Spencer group plc full year results 2012/13 52 weeks ended 30 March 2013. Full year results: - Group sales up 1.3% at £10.0bn - Total UK sales +0.9%: Food +3.9%; General Merchandise -2.4% - Like-for-like UK sales -1.0%: ...
Tags: Apparel
The Board of Directors of Salvatore Ferragamo S.p.A. parent company of the Salvatore Ferragamo Group, one of the global leaders in the luxury sector, meeting under the chairmanship of Ferruccio Ferragamo, examined and approved the ...
Tags: Luxury Brand, Apparel
UK retail sales values were down 2.2% on a like-for-like basis from April 2012, when they had declined 3.3% on the preceding year. On a total basis, sales were down 0.6%, against a 1.0% decline in April 2012. Growth was negatively ...
Tags: Apparel, Apparel Industry
Bad weather and the pressures of the high street have hit Greggs’ sales, leading the retail baker to issue a profits warning. In its interim management statement issued to the stockmarket today (April 29), the company said its own ...
Tags: Greggs, Profits Warning
Lectra’s Board of Directors, chaired by André Harari, reviewed the unaudited consolidated financial statements for the first quarter of 2013. Highlights: -Revenues: €48.3 million (+2%) - Income from operations before ...
Bad weather and the pressures of the high street have hit Greggs’ sales, leading the retail baker to issue a profits warning. Like-for-like sales in Greggs' shops were down In its Interim Management statement issued to the ...
Tags: Greggs Issues, Food