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09/01/2002
Top Shop and Dorothy Perkins Christmas profits soar
The Arcadia Group, the UK's second largest clothing group, has saw sales in its chain stores soar during the festive sales.
The group, which owns stores such as Top Shop and Dorothy Perkins, said sales in its main brands gained nearly 10 per cent during the 19 weeks to January 5 compared with a year earlier.
The company acknowledged that the recent cold weather boosted sales of winter clothes following an uninspiring autumn, and by reducing its retailing space by, removing unprofitable brands and stores, it also improved supply chain efficiency and cut debts.
Arcadia is currently in talks about a takeover by the smaller Icelandic retailer, Baugur, which is already a major shareholder in the group, however these discussions are not expected to conclude before the end of January. (MB)
The group, which owns stores such as Top Shop and Dorothy Perkins, said sales in its main brands gained nearly 10 per cent during the 19 weeks to January 5 compared with a year earlier.
The company acknowledged that the recent cold weather boosted sales of winter clothes following an uninspiring autumn, and by reducing its retailing space by, removing unprofitable brands and stores, it also improved supply chain efficiency and cut debts.
Arcadia is currently in talks about a takeover by the smaller Icelandic retailer, Baugur, which is already a major shareholder in the group, however these discussions are not expected to conclude before the end of January. (MB)
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16 February 2006
Retail sales slow in January
The underlying rate of retail sales growth slowed in January compared with that seen towards the end of 2005. Analysis of monthly figures by the Office for National Statistics showed that the total sales volume decreased by 1.3% between December 2005 and January 2006, the first month-on-month fall since July 2005.
Retail sales slow in January
The underlying rate of retail sales growth slowed in January compared with that seen towards the end of 2005. Analysis of monthly figures by the Office for National Statistics showed that the total sales volume decreased by 1.3% between December 2005 and January 2006, the first month-on-month fall since July 2005.
22 March 2002
Figures show retails sales on the rise
UK retails sales have exceeded analysts' forecasts, according to the latest official figures which show sales volumes growing at their fastest rate since January 2000. The data from the Office for National Statistics details that retails sales grew by 1.
Figures show retails sales on the rise
UK retails sales have exceeded analysts' forecasts, according to the latest official figures which show sales volumes growing at their fastest rate since January 2000. The data from the Office for National Statistics details that retails sales grew by 1.
25 November 2005
Tesco remains strong despite tough market
Leading UK supermarket chain Tesco have unveiled a rise in sales, despite tougher conditions in the retail market. Britain’s largest supermarket reported an increase in group sales of 13.9% in the third quarter, while UK sales also grew by 11.6%. Tesco also reported an increase in like-for-like growth of 7.
Tesco remains strong despite tough market
Leading UK supermarket chain Tesco have unveiled a rise in sales, despite tougher conditions in the retail market. Britain’s largest supermarket reported an increase in group sales of 13.9% in the third quarter, while UK sales also grew by 11.6%. Tesco also reported an increase in like-for-like growth of 7.
15 January 2002
Tesco fail to match Sainsbury over Christmas period
Figures from Tesco have revealed that its Christmas sales growth failed to match that of archrival J. Sainsbury. Excluding takings from petrol stations, Tesco reported a 6.2 per cent rise in UK Christmas sales for the seven weeks ending on January 5 - compared to that of Sainsbury’s who had a rise of 6.8 per cent.
Tesco fail to match Sainsbury over Christmas period
Figures from Tesco have revealed that its Christmas sales growth failed to match that of archrival J. Sainsbury. Excluding takings from petrol stations, Tesco reported a 6.2 per cent rise in UK Christmas sales for the seven weeks ending on January 5 - compared to that of Sainsbury’s who had a rise of 6.8 per cent.
18 February 2005
B&Q sales growth falters in tougher conditions
The two-and-a-half year growth in sales at B&Q has finally ended as parent company Kingfisher reported a fall in sales at the UK and Ireland DIY store chain of 1.2% in like-for-like sales in the quarter to January 29, 2005. Kingfisher's French division Castorama turned in a similar sales performance with a fall in sales of 0.9%.
B&Q sales growth falters in tougher conditions
The two-and-a-half year growth in sales at B&Q has finally ended as parent company Kingfisher reported a fall in sales at the UK and Ireland DIY store chain of 1.2% in like-for-like sales in the quarter to January 29, 2005. Kingfisher's French division Castorama turned in a similar sales performance with a fall in sales of 0.9%.
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