All posts tagged Retail News
Mobile shopping in the UK increases by 10%
Mobile shopping activity in the UK has increased by 10% year-on-year, according to consumer survey conducted by Stibo Systems. The report detailing the study findings contains the latest warning to those retailers that are still failing to recognise the critical …
Sainsbury’s reports growth in sales and market share in 2011
UK retailer J Sainsbury plc (LSE:SBRY) reported today a 6.8% increase in total sales for 2011 to GBP24.5bn and said that it outperformed the market and increased its
French luxury goods firm LVMH acquires Les Tanneries Roux
French luxury goods giant LVMH Moet Hennessy Louis Vuitton SA (EPA:MC) said it had bought premium leather products manufacturer Les Tanneries Roux SAS without providing information on financial
Home Retail Group reports drop in profit as consumers spend less
UK-based Home Retail Group plc (HRG) (LSE:HOME), which owns Argos and Homebase, revealed today that its pre-tax profit for the year to 25 February 2012 fell to GBP90.2m,
Premier Foods reports growth in sales driven by eight key brands
Food producer Premier Foods plc (LSE:PFD) reported today that its sales for the first three months of 2012 increased by 1.3% to GBP427m. In particular the company's sales growth
Associated British Foods reports half-year profit up 3%
Associated British Foods plc (LSE:ABF), a diversified food, ingredients and retail group, reported a 3% rise in pre-tax profit to GBP329m for the first half of its financial
Debenhams reports first half profit up 1.4%, beating market expectations
UK-based department store retailer Debenhams plc (LSE:DEB) announced today an increase in its first-half pre-tax profit to GBP127.1m, up 1.4% compared with the same period last year and
Supermarket giant Tesco reports declining profits in home market
UK-based supermarket retailer Tesco plc (LSE:TSCO) announced today an increase in group profit for the year to 25 February 2012 but a decrease in profit generated in its
Norwegian energy major Statoil sells retail arm to Canadian Alimentation for USD1.5bn
Norwegian energy group Statoil ASA (OSL:STL) said on Wednesday it had accepted, subject to conditions, to sell its 54% in energy and retail business Statoil Fuel & Retail
Sales up at Greggs
Greggs the bakers are planning on opens new stores in motorway service stations. The largest chain of bakeries in the UK has said that profits and sales increased last


























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