All City & finance articles – Page 258
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NewsReiss reports big sales increase over Christmas
Reiss sales rocketed over the festive season, with the retailer performing strongly both internationally and domestically.
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NewsToday in Retail: Shop Direct’s glimpse of Christmas future
Shop Direct didn’t just paint a portrait of its Christmas trading performance today, but a shape of things to come in the wider retail landscape.
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AnalysisM&S surprises but jury remains out on turnaround effort
Marks & Spencer attracted plenty of positive headlines last week after reporting a better-than-expected Christmas performance.
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NewsH&M Christmas sales grow but miss analysts’ forecasts
H&M enjoyed a spike in sales during December, but its performance during the crucial Christmas period fell below analysts’ expectations.
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NewsShop Direct Christmas sales fuelled by Very
Shop Direct has reported growing sales for its Christmas period, with site Very fuelling growth.
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NewsAgenda: Halfords, N Brown, Pets at Home and Bonmarché
Retail Week looks to the next seven days with trading updates from Halfords, N Brown, Pets at Home and Bonmarché all on the agenda.
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OpinionOpinion: Tesco's Christmas trading 'treasure trove'
So, who won Christmas in grocery? The answer, of course, is the Lincolnshire Co-op, with a cracking 12.6% like-for-like sales uplift.
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AnalysisAnalysis: Grocery retailers’ festive food for thought
The crucial Christmas trading proved a strong one for food retailing, as consumer spending rose and like-for-like sales increased across the sector.
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NewsJohn Lewis chairman Mayfield defends bonus drop
John Lewis chairman Charlie Mayfield has defended the retailer’s warning that bonuses rewarded to its partners will be “significantly lower” this year.
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NewsAsos boss Beighton promises to hold prices
Asos boss Nick Beighton has vowed not to raise prices for the foreseeable future despite the rising cost of sourcing products from overseas.
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NewsM&S's Rowe: Our Black Friday snub did not harm sales
M&S boss Steve Rowe has said that his customers dislike Black Friday, and that the retailer’s Christmas trading pattern was more traditional in 2016.
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NewsBooths toasts festive performance as alcohol sales fizz
Booths has toasted climbing like-for-likes during the crucial Christmas trading period as key seasonal lines such as alcohol drove sales.
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NewsBooker sales rise amid 'solid' c-store performance
Food retailer and wholesaler Booker hailed “solid” performance from its c-store businesses as sales rose in its third quarter.
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NewsMoss Bros sales surge ahead of “challenging” year
Moss Bros recorded soaring sales in its second half as improved margins and ecommerce channels drive consumer spend.
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NewsTesco’s Lewis upbeat on profits as Christmas sales rise
Tesco boss Dave Lewis has hinted that its full-year profits could come in ahead of expectations following a jump in third-quarter sales.
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NewsJD Sports raises full-year profits outlook
JD Sports expects its full-year earnings to beat market expectations by up to 15% after continued strong trading in its second half.
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NewsMothercare UK sales edge up in golden quarter
Mothercare has reported a return to growth in its third quarter as UK shoppers and online purchases drive sales despite a ‘mixed’ international performance.
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NewsSupergroup half-year profits and Christmas sales climb
Supergroup has reported soaring sales and profits at the half-year mark following investments across its distribution network and store estate.
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NewsBreakfast briefing: Aldi, UK exports and more
Retail news round-up: Aldi plans six stores across Scotland, and Irish food exports to UK decrease
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OpinionOpinion: A Christmas turkey for Sainsbury’s food sales?
Sainsbury’s may have beaten the City’s sales expectations over Christmas, but are things as rosy in the grocer’s garden as it likes to make out?