Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Sainsbury's this morning (14 November) reported an increase in half-year profits, a period in which the UK retailer said it had "outperformed" its competitors. Pre-tax profits were up 2.5% to GBP405m in the 28 weeks to 29 September. ...
Tags: Sainsbury's, half year profits, increase, food industry
Expansion into Russia and store openings hit Finland-based retailer Kesko's food profit in the first nine months of the year. Operating profit excluding non-recurring items from its food arm were down 7.6% to EUR123.4m (US$160.5m) in the ...
Tags: retailer, food profit, food, Operating profit
Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
(i) GDP Data In 2005, XPCC realized a total output value of 33.112 billion Yuan including an output value of primary industry of 13.064 billion Yuan, that of secondary industry of 8.335 billion Yuan, that of tertiary industry of 11.713 ...
Tags: XPCC, survey, economy, investment
Carrefour today (11 October) claimed its domestic business is improving after reporting an increase in third-quarter French revenues, although underlying sales were down. Sales in France "showed an improvement", the retailer said, ...
Tamil Nadu textile industry,accounting 1/3rd of the country's textile business,employing over 50 lakh people,accounting 47.5%of the spinning capacity and the hub for global textile business has been seriously suffering owing to ...
Tags: textile industry, power shortage, Tamil Nadu, power crisis
Sainsbury's said today (13 June) it was still performing better than its UK retail rivals after it reported an increase in first-quarter underlying sales. The UK's third-largest retailer saw like-for-like sales, excluding fuel but ...
Tags: Sainsbury's, retail, underlying sales, goods retailer
UK retailer Asda has booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. In the three months to the end of June, excluding fuel, net sales grew 3.2%. Comparable sales, ...
Tags: Asda, sales, financial year, Q2
Speaking exclusively to Packaging News, SCA Recycling UK business development director Simon Barnes said that 'rightweighting' (lightweighting) is the key to good design. He said an example of bad packaging would be a pack that used ...
Embroidery and dyeing skill, known as "skein tie" in the ancient time, is a kind of old textile dyeing workmanship in China which is named knot cloth in Dali. As it is mainly produced in Dali and most of the dyers are the people of Bai ...
Tags: embroidery and dyeing skill, skein tie, textile dyeing workmanship
Billet market continued downward trend during week 48 in Iran. Billet size 150 mm was priced at IRR 14,700,000 per tonne on truck in Anzali port including 5% VAT and IRR 14,300,000 per tonne in Imam Khomeini port. Some buyers were bidding ...
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
Indian vehicle manufacturer Mahindra & Mahindra (M&M) is planning for an alternative location for its vehicle manufacturing plant, other than its original plan of Pune in Maharastra state of India. For the new plant, the company will ...
Tags: vehicle manufacturer, Mahindra&Mahindra, vehicle manufacturing plant