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
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
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
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
In its preliminary 2012/13 results published today (17 April), the firm also confirmed that it is winding up its chain of 199 US Fresh & Easy shops, which has never made a profit, at cost of 1.2 billion. The UK’s biggest supermarket ...
Tesco's like-for-like sales in general merchandise - which includes toys, nursery, entertainment, home and more - have fallen five per cent over the past year. Total sales declined slightly, but clothing bucked the trend with a ...
Tags: Toys
Mothercare plc, the leading international mother and baby retailer, updates on Q4 trading covering the 11 week and 52-week periods to 30 March 2013 Highlights for Q4 - UK store closures ahead of plan, with 56 loss-making stores closed ...
Tags: Global Sales, Mothercare, Textile
Mothercare's total group sales dropped six per cent in 2012, but the retailer's transformation plan means its business "is on a firmer footing". The company closed 56 loss-making stores in the UK last year. Total sales in the UK fell ...
Tags: Toys, Service, Mothercare
WHSmith profit increased five per cent for the six months ending February 28th, 2013. Total group profit before tax rose to £69m, up from last year's £66m. Group profit from trading operations increased four per cent on the ...
Tags: Toys
Reflecting the European auto glass business constriction company officials have been highlighting for some time, Paris-based Saint-Gobain announced plans to close a Belgium-based windscreen factory this week, impacting 263 jobs. Auto sales, ...
Tags: Windscreen, Auto Glass, Glass
Moss Bros Group PLC, the ‘UK’s No 1 Men’s Formalwear Specialist’, announces its Preliminary Results, covering the period from 29 January 2012 to 26 January 2013. The Group’s performance continues in line ...
Tags: Formalwear, Apparel, Apparel Industry
Supermarket Sainsbury's is enjoying an uplift in general merchandise sales, which includes toys. The grocer saw like-for-like sales rise 2.1 per cent during its financial year ending March 16th, 2013. "Our general merchandise and ...