John Lewis delivered gross sales of £2.02b for the HY ended 30th July – up 4.5%, with LFL sales growth of 3.1%, ahead of its more critical sales and profit-driving second half. Despite growing sales, operating profit fell by ...
Tags: John Lewis, gross sales
ScS has seen momentum continue since its 9th June trading update, with total LFL sales order intake having increased by 14.8% for the 53 weeks ended 30th July. As a result, the group expects to report profits in line with current market ...
Tags: ScS, EU referendum campaign
Debenhams has announced its trading update for the 15 weeks to 11th June. LFL sales grew by 0.2%, with online sales up 7%. In the 15 week period, gross transaction value rose by 0.5%, taking the cumulative YOY performance to growth of 1.3%. ...
Tags: clothing, sustainable growth
Dunelm's revenue for its third quarter (ending 2nd April) grew by 5.9% to £229m, and total like-for-like (LFL) growth (combining LFL stores and home delivery) increased by 1.1%. Sales performance in the quarter reflected strong ...
Tags: Dunelem, LFL growth, Sales performance
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
UK-based 2 Sisters Food Group has posted an operating profit of £25.5m ($41.6m) for the 13 weeks ended 26 October 2013 (Q1 2013/14), compared to £30.5m for the same period last year. Total like-for-like (LFL) sales increased ...
Tags: 2 Sisters Food, chilled foods
Britain's biggest retailer Tesco has delivered "poor" third quarter results – with like-for-like sales down 1.5% – 18 months after launching its £1bn turnaround plan, according to City analyst Shore Capital. Tesco's ...
Tags: Agriculture, Food
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
M&S delivers strongest quarterly sales growth in the last two years -Group sales +3.1% -Total UK sales +2.6%: Food +6.3%; GM –2.2% -Like for like UK sales +0.6%: Food +4.0%; GM –3.8% -Multi-channel sales +22.9% ...
Tags: Marks&Spencer, Global 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 ...
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 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
Russian retailer X5 Retail Group has reported a fall in half-year sales, although there are signs its performance could be improving. In the six months to the end of June, like-for-like sales dropped 2.5%. However, the decline in ...
Tags: X5 Retail, half-year sales, fall, like-for-like sales
Morrisons insisted this morning (3 May) that it has made a "satisfactory" start to the year, despite booking its first drop in like-for-like sales since 2005. Like-for-like sales, which strip out the impact of store openings, fell 1% ...
Tags: Morrisons, sales, Morrisons report, food quality
Brazilian retailer CBD has booked a 7% increase in quarterly same-store sales thanks to its food and non-food outlets. CBD, Brazil's largest retailer, reported a 7.1% in gross same-store sales for the third quarter of the year. The ...