All Financial results articles – Page 190
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AnalysisAnalysis: How can HMV heal its trading wounds?
Following HMV’s warning on covenants last week, Retail Week takes a look at seven areas the retailer needs to focus on to survive.
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OpinionComment: Top retailers deliver returns
So farewell then Comet, which went through its death throes this week and will never trade through another Christmas - at least not as a chain of stores.
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News
Inditex posts net sales increase
Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31.The addition of stores in emerging markets and the expansion of the online business boosted sales.Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The retailer opened ...
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News
Drugstore retailer CVS anticipates "solid enterprise growth"
Drugstore retailer CVS anticipates “solid enterprise growth” for the 2013 financial year, with net revenue growth increasing from 0.75% to 2%. Retail pharmacy net sales growth is expected to be in the 1.25% to 2.5% range, with like-for-like sales gains of 0.25% to 1.5%.
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NewsBlackwell's losses narrow despite falling sales
Blackwell’s narrowed its losses last year after disposing of its Dutch subsidiary Houtschild for €1m in June.
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NewsAnalysis: Overseas success for beauty retailer Lush
The beauty products retailer continues to build sales and narrow UK retail losses.
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AnalysisAnalysis: Tesco calls time on US venture Fresh & Easy
Tesco boss Philip Clarke has drawn the curtain on US business Fresh & Easy, part of his predecessor’s legacy.
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NewsLandmark Christmas as tablet and mobile orders surge
Tablet and mobile orders surge as shoppers turn to web for festive purchases
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OpinionComment: Christmas deadlock as shoppers wait for Sales
There was a certain thrill to watching Cyber Monday break all online trading records in the UK last week.
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NewsAsos’ UK business has ‘turned a corner’ as sales rocket 24%
Asos boss Nick Robertson said the fashion etailer has “turned a corner” in the UK after a focus on price drove a sales surge in its first quarter.
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News
Convenience store operator CP All reports record net profit
Convenience store operator CP All has reported a record net profit of Bt2.9bn (£58.9m) for the third quarter ended September 30, up 33% year on year, thanks to higher sales as a result of a promotional campaign.CP All aims to open about 500 new 7-Eleven convenience stores in Thailand next ...
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NewsBrightHouse sales up ahead of etail push
Weekly payment electricals and furniture retailer BrightHouse has recorded strong growth in its first half as it prepares to launch an ecommerce offering.
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AnalysisInternational analysis: Auchan agrees Real deal for central Europe growth
Last week, Metro Group revealed it had sold its Real hypermarket business in Poland, Romania, Russia and Ukraine – including real estate assets – to French grocer Auchan for e1.1bn (£893.4m).
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NewsAnalysis: Store revamps and transactional website help Fenwick regain momentum
Family owned retailer Fenwick may be one of the most low-profile department store groups in the UK, but it is one of the most profitable.
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News
Barnes & Noble reports revenue decrease
Bookseller Barnes & Noble reported revenue fell 0.4% to $1.9bn (£1.18bn) in its second quarter to October 27.The retailer recorded a net profit of $2m (£1.2m) against a net loss of $7m (£4.4m) in the same period last year.Retail sales from Barnes & Noble stores and BN.com fell 3% to ...
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NewsHamleys profits advance after global drive
Pre-tax profits at iconic toy retailer Hamleys soared 283% to £2.3m last year, driven by sales growth at its newly refurbished Regent Street flagship and expansion of its international franchise operations.
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NewsPhilip Clarke set to axe loss-making Fresh & Easy
Tesco chief executive Philip Clarke has nailed his colours to the mast with the launch of a strategic review of the retailer’s loss-making US business, Fresh & Easy, and the departure of highly regarded deputy chief executive Tim Mason.
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OpinionComment: Dixons’ celebrates first-half profit
Dixons has much to feel festive about. Last week, the Currys and PC World owner revealed its UK business had made a first-half profit for the first time in five years.
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News
Aldi Nord experiences significant profit decrease
Discounter Aldi Nord experienced a significant drop in profit in 2011, according to annual accounts from 18 of its 35 regional divisions.While sales increased slightly, cumulated profits were E55m (£44.6m) down on the previous year. Aldi blamed a weak non-food business and stiff competition in Germany.
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NewsAnalysis: Gap UK faces fierce competition
Despite 25 years in the UK, the US fashion giant has struggled to find its gap in the market.