All Financial results articles – Page 210
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NewsFindel turnaround gathers steam with sales rise
Home shopping group Findel reported an encouraging start to its turnaround as group sales rose 1.1% year-on-year.
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OpinionCrisis of confidence continues
Although the BRC was able to report “modest” retail sales growth in July, there was little for store chiefs’ comfort in the latest data.
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NewsRobert Dyas boss to ‘get back to basics’
Robert Dyas’s new boss is to focus on supply chain, cost control and leveraging customer loyalty as the owner of the hardware and homewares chain looks for an exit.
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NewsFindel group sales ahead by 1.1%
Home shopping group Findel said group sales are ahead of the prior year by 1.1% in its interim management statement though with some pressure on margins which it said is offset by cost savings.
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NewsTough trading is set to continue, says Spindler
Trading at value department store group Original Factory Shop has improved in the new financial year, but chief executive Angela Spindler said retail conditions remain tough.
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NewsProfits fall at Original Factory Shop
Value department store group Original Factory Shop has posted a fall in profits after a “challenging year” but is confident of continued long-term growth.
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NewsZara UK full year profits surge
Fast fashion chain Zara’s UK business posted a sharp full-year profits jump as it cut back on spending.
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NewsCarphone on track despite sales fall
Carphone Warehouse has reported a “very satisfactory start to the year” despite a like-for-like sales fall at the eponymous division.
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NewsAurum EBITDA soars as sale process “remains on track”
Up for sale jeweller Aurum’s EBITDA soared in its last financial year as its sale process “remains on track”.
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NewsJessops posts first-half sales rise
Cameras specialist Jessops has posted an uplift in first-half sales and says it is beating trading targets.
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NewsNegative food volumes worry for Supermarkets
Grocers face negative like-for-like food volumes for the remainder of the year after a torrid first half when the only uptick came in April with the royal wedding and Easter.
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NewsFocus closing down Sale knocks B&Q performance
Sales at DIY giant Kingfisher’s flagship UK division slumped in the second quarter, affected partly by the closing down Sale of rival Focus, but the retailer expects to end the year in “excellent shape”.
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NewsMatalan posts quarterly sales fall
Value fashion group Matalan has posted a quarterly sales decline and warned that trading conditions remain tough, despite an uptick in July.
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NewsUnited Carpets posts level profits
United Carpets aims to increase its market share in core categories after holding profitability last year.
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NewsBlacks increases borrowing after sales fall
Outdoor clothing and equipment specialist Blacks Leisure has extended its borrowing facilities and aims to refinance following a sales fall.
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NewsRetailers unprepared for Olympic windfall
Half of UK retailers have admitted they are unprepared for the impact that the Olympic Games will have on their businesses, but a third expect a sales boost from it.
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NewsReturn to sales growth puts Dunelm on course
Value homewares retailer Dunelm expects full year profit to be in line with expectations after revealing like-for-like growth improved in the fourth quarter.
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NewsGeneral retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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OpinionM&S in good shape, but tougher times lie ahead
If he didn’t know already, this is the week when Marc Bolland will have discovered what running Marks & Spencer is all about.
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NewsAsos sales soar 69% in its first quarter
Online fashion giant Asos retail sales grew 69% in its first quarter.