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07/12/2001
HMV show strong pre-Christmas sales performance
UK retailer HMV has reported a strong sales performance during the autumn.
Sales of blockbuster DVD movies such as Traffic and popular CDs from the likes of Kylie Minogue boosted its earnings, as did well-selling computer games.
A string of new releases have also been carefully timed to pull in the business ahead of the festive period, including compilation CDs from Madonna and Steps.
The strong earnings helped cut HMV Media's pre-tax loss for the first six months of the fiscal year from April to £15.9m from £34m. HMV have now slashed about a fifth off its £473m debts.
The group also said its earnings should reach £120-125m for the full accounting year that ends on 31 March 2002.
The EMI record company that releases The Beatles and Rolling Stones music owns almost half the shares in HMV Group. (MB)
Sales of blockbuster DVD movies such as Traffic and popular CDs from the likes of Kylie Minogue boosted its earnings, as did well-selling computer games.
A string of new releases have also been carefully timed to pull in the business ahead of the festive period, including compilation CDs from Madonna and Steps.
The strong earnings helped cut HMV Media's pre-tax loss for the first six months of the fiscal year from April to £15.9m from £34m. HMV have now slashed about a fifth off its £473m debts.
The group also said its earnings should reach £120-125m for the full accounting year that ends on 31 March 2002.
The EMI record company that releases The Beatles and Rolling Stones music owns almost half the shares in HMV Group. (MB)
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14 January 2002
HMV report dramatic sales increase
HMV, the UK books, music and multimedia retailer, has recorded soaring sales during the trading periods of Christmas and New Year. HMV Media reported that like-for-like sales - the comparion of sales in shops that were open a year ago - had risen by almost 12 per cent during December and early January.
HMV report dramatic sales increase
HMV, the UK books, music and multimedia retailer, has recorded soaring sales during the trading periods of Christmas and New Year. HMV Media reported that like-for-like sales - the comparion of sales in shops that were open a year ago - had risen by almost 12 per cent during December and early January.
02 April 2002
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
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.
10 January 2006
M&S report strong Christmas sales
Marks & Spencer has reported strong sales during the Christmas period. The High Street retailer saw like-for-like sales in the UK increase by 2.9% in the 13 weeks to the end of December. Marks & Spencer saw overall UK sales grow by 4.8% during the quarter. However, while food sales increased strongly, increasing by 7.
M&S report strong Christmas sales
Marks & Spencer has reported strong sales during the Christmas period. The High Street retailer saw like-for-like sales in the UK increase by 2.9% in the 13 weeks to the end of December. Marks & Spencer saw overall UK sales grow by 4.8% during the quarter. However, while food sales increased strongly, increasing by 7.
03 February 2004
Retail growth strong after January sales: CBI
Retailers reported strong growth in sales volumes in January, according to the CBI's monthly Distributive Trades Survey released today. Volume growth exceeded expectations and sales were well above average for the time of year, the CBI said. More than half (53%) of respondents said sales were up on a year ago while 15% said they were down.
Retail growth strong after January sales: CBI
Retailers reported strong growth in sales volumes in January, according to the CBI's monthly Distributive Trades Survey released today. Volume growth exceeded expectations and sales were well above average for the time of year, the CBI said. More than half (53%) of respondents said sales were up on a year ago while 15% said they were down.
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