All Financial results articles – Page 174
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OpinionNick Bubb's verdict: Marks & Spencer - Could a turnaround be on the horizon?
Profits at M&S only seem to have gone backwards since Marc Bolland took over as chief executive, but could a big step forward now be not too far away?
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AnalysisMarks & Spencer full-year results: What the analysts say
Marks & Spencer has recorded its lowest annual profit since 2009, reporting a drop in underlying pre-tax profit to £665.2m. Retail Week rounds up how analysts have reacted to the news.
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NewsBurberry posts a 14% rise in profits as Chinese sales surge
Luxury fashion retailer Burberry has reported a 14% rise in adjusted full-year pre-tax profits to £428m after a strong performance in Asia.
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NewsMarks & Spencer profits fall despite 1.3% increase in sales
Marks & Spencer has posted a fall in underlying pre-tax profit to £665.2m despite a 1.3% rise in group sales to £10bn as it looks to turn around its general merchandise arm.
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NewsMultichannel retail model gives Dixons confidence after strong year
Dixons chief executive Seb James is confident the electricals giant’s multichannel business model will be a foundation of continued success after a strong year.
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NewsAnn Summers - company profile
The retailer is launching wholesale collections following the popularity of Fifty Shades of Grey.
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NewsMaplin profits dip by 33.6% as it eyes international growth
Maplin’s profits took a hit in the first year of its investment plan for growth as the retailer marks out countries for overseas expansion.
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NewsAsda boss insists low prices will drive loyalty as like-for-likes rise 1.3%
Asda has ploughed money into its digital operations while throwing its weight behind a sustained low-price strategy amid a grocery market awash with promotions.
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OpinionNick Bubb's Verdict: Dixons - If only France and Southern Europe didn't exist
Dixons’ sterling progress in the UK and Nordics continues to be undermined, alas, by poor trading in Southern Europe and its French business Pixmania.
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OpinionComment: Grocer Morrisons needs to keep pace with competition
A minus sign in front of a retailer’s like-for-like sales figures does not prompt investors to fill their shopping trolleys with stock.
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News
CP All reports first-quarter revenue increase
CP All has reported first-quarter revenue of Bt52.9bn (£1.16bn), up 18.4% as a result of 7-Eleven store expansion in Thailand, growth in average same-store sales and an increase in other operating income.During the quarter 219 new 7-Eleven convenience stores were opened, passing the milestone of 7,000 stores in Thailand at ...
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NewsBoots full year profits soar despite sales fall
Alliance Boots has reported a 6.1% increase in trading profit to £1.27bn despite a 2.6% fall in revenue to £22.4bn during what executive chairman Stefano Pessina dubbed a “transformational year”.
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News
Rakuten records net revenue increase
Rakuten recorded a 15.3% increase in net revenue to ¥68.67bn (£439.2m) for its first quarter ended March 31.Net profit at the Japanese ecommerce group rose 6.8% to ¥15.73bn (£100.6m).Results were driven by a 14.5% increase in general merchandise sales at Rakuten Ichiba in Japan and 29.6% growth from Rakuten’s international ...
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NewsOcado insists acquisition by Morrisons is not on the cards
Ocado has restated that it is not up for sale to Morrisons as it holds talks about partnering with the grocer to develop its online business.
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AnalysisAnalysis: Is Lord Wolfson’s bonus gift to Next staff a new trend?
Next chief executive Lord Wolfson made headlines with his unprecedented decision to share a £2.4m bonus among staff.
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AnalysisAnalysis: Will Argos’ new digital model prove successful?
Argos is six months into a five-year transformational plan. Managing director John Walden talks to Rebecca Thomson about the retailer’s journey to become a digital leader.
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NewsMidcounties annual profits rise as like-for-likes edged up 1%
The Midcounties Co-operative has reported a £1.3m increase in group operating profits to £19m in the year to January 29.
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OpinionComment: Argos’ digital quest for success
Despite improvement at the flagship Argos business, parent Home Retail’s shares fell after its full-year results.
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NewsWaitrose shrugs off southern image as northern sales outpace south
Grocer Waitrose steals market share from rivals as its northern stores perform better than southern shops.
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OpinionComment: Retail strategy is being overtaken by tactics
Remember when business was all about making a profit, and strategy was the plan to achieve that?