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08/04/2010
M&S Sales Jump
Marks and Spencer today reported a 4.8% growth in quarterly group sales.
UK sales grew by 6.2% during the first three months of this year, marking a further improvement in the trend seen over the last five quarters.
The reported quarter includes the first day of the Christmas sale which was held on 27 December. This added 1.3% to UK and 2.9% to general merchandise totals and like for like sales.
The company said it has delivered a "strong performance" over the quarter.
Performance improved across all areas of general merchandise, as customers continued to seek out affordable quality and style, M&S said.
Clothing market share is now 11.9%, with sales of formal wear and knitwear particularly strong.
M&S said customers has responded well to the newly launched Spring collections.
Food delivered a sixth consecutive quarter of improved performance.
M&S Direct had another strong quarter with sales up 48% as we extended 'Shop Your Way', the supermarket's multi-channel ordering service, to over 300 stores.
International sales were down 5.9%, as a result of particularly difficult trading conditions in the Republic of Ireland and Greece, and an adverse impact from currency translation.
Executive Chairman Sir Stuart Rose said the continuing improvement in performance is the result investments in stores, service, product and values.
"We have weathered the immediate impact of the recession but remain cautious about the outlook for 2010/11 given the current challenging environment," he said.
"We hope that after the election there will be greater clarity on economic policy and how this will impact our customers individually. With this will come improving consumer confidence which is so important for our business and the economy as a whole."
(PR/GK)
UK sales grew by 6.2% during the first three months of this year, marking a further improvement in the trend seen over the last five quarters.
The reported quarter includes the first day of the Christmas sale which was held on 27 December. This added 1.3% to UK and 2.9% to general merchandise totals and like for like sales.
The company said it has delivered a "strong performance" over the quarter.
Performance improved across all areas of general merchandise, as customers continued to seek out affordable quality and style, M&S said.
Clothing market share is now 11.9%, with sales of formal wear and knitwear particularly strong.
M&S said customers has responded well to the newly launched Spring collections.
Food delivered a sixth consecutive quarter of improved performance.
M&S Direct had another strong quarter with sales up 48% as we extended 'Shop Your Way', the supermarket's multi-channel ordering service, to over 300 stores.
International sales were down 5.9%, as a result of particularly difficult trading conditions in the Republic of Ireland and Greece, and an adverse impact from currency translation.
Executive Chairman Sir Stuart Rose said the continuing improvement in performance is the result investments in stores, service, product and values.
"We have weathered the immediate impact of the recession but remain cautious about the outlook for 2010/11 given the current challenging environment," he said.
"We hope that after the election there will be greater clarity on economic policy and how this will impact our customers individually. With this will come improving consumer confidence which is so important for our business and the economy as a whole."
(PR/GK)
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26 March 2004
Boots reports growth in quarterly sales
Boots The Chemists has reported that quarterly sales have grown an estimated 4.6% in total, in the seventh consecutive quarter of "good growth". However, the company said that the business needed a period of "significant investment" in the short term to improve its competitiveness, efficiency and bring it up to date with modern retail practice.
Boots reports growth in quarterly sales
Boots The Chemists has reported that quarterly sales have grown an estimated 4.6% in total, in the seventh consecutive quarter of "good growth". However, the company said that the business needed a period of "significant investment" in the short term to improve its competitiveness, efficiency and bring it up to date with modern retail practice.
14 August 2013
Scottish Sales 'Outpace UK Sales' In July
The latest SRC-KPMG Scottish Retail Sales Monitor has revealed that Scottish sales outpaced its UK counterpart for the month of July. It is thought Andy Murray's triumph at Wimbledon, as well as the sustained period of hot weather combined to give Scotland's high streets their best performance for two years.
Scottish Sales 'Outpace UK Sales' In July
The latest SRC-KPMG Scottish Retail Sales Monitor has revealed that Scottish sales outpaced its UK counterpart for the month of July. It is thought Andy Murray's triumph at Wimbledon, as well as the sustained period of hot weather combined to give Scotland's high streets their best performance for two years.
06 November 2012
9.7% Fall In Profit For M&S
Marks and Spencer has reported a 9.7% fall in profits. The UK's biggest clothing retailer posted pre-tax profits of £290m for the six months to the end of September, down 9.7% from the same period last year. Other figures reported by the retailer include a 0.9% rise in group sales, up to £4.7bn.
9.7% Fall In Profit For M&S
Marks and Spencer has reported a 9.7% fall in profits. The UK's biggest clothing retailer posted pre-tax profits of £290m for the six months to the end of September, down 9.7% from the same period last year. Other figures reported by the retailer include a 0.9% rise in group sales, up to £4.7bn.
09 January 2007
M&S 'recovery plan' on track
Mark's and Spencer has reported good trading figures in the important pre-Christmas period with like-for-like sales up 5.6%. The best performance was in general merchandise, sales were up 7.1%, and in food which was up 3.6%.
M&S 'recovery plan' on track
Mark's and Spencer has reported good trading figures in the important pre-Christmas period with like-for-like sales up 5.6%. The best performance was in general merchandise, sales were up 7.1%, and in food which was up 3.6%.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
