latest – Page 151
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NewsAnalysts upbeat on latest Ocado figures
Ocado’s results are proof it can continue to build its UK retail operation despite an “extremely difficult” trading environment, analysts at Numis said today
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News2 Sisters back in third quarter profit
2 Sisters owner Boparan recorded a third quarter profit after heavy losses last year after like-for-like sales edged up by 1.1%.
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NewsFirst Milk admits £22m losses in past financial year
First Milk accumulated pre-tax losses of around £22m during its past financial year, the dairy co-op has confirmed.
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NewsAppetite for Charlie Bigham’s posh meals drive sales growth
Sales at Charlie Bigham’s have grown again despite a “fiercely competitive” grocery market and rising food costs as consumer appetite for its posh ready meals continues to get bigger.
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NewsPoundland shares sink despite £1bn breakthrough
Shares in Poundland sank more than 6% this morning despite sales at the discount retailer breaking the £1bn barrier for the first time.
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NewsGrowing Majestic’s online sales is not the priority, says Rowan Gormley
A number of commentators predicted that Majestic Wine’s takeover of Naked Wines would enable it to supercharge its online growth
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NewsMajestic Wine to slow store rollout plans
Majestic Wine has cut its store estate expansion plans after announcing a 22.5% drop in pre-tax profits.
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NewsSainsbury’s boss Mike Coupe sees better times ahead
Sainsbury’s CEO Mike Coupe has speculated that its 2.1% first quarter like-for-like sales decline could signal the “low point of the cycle” as deflation eases and volumes return.
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NewsIceland sales fall 4.4% in "exceptionally challenging" year
Profits at Iceland plunged by a quarter last year as like-for-like sales fell 4.4% in an “exceptionally challenging year”.
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NewsSainsbury's blames deflation for marked Q1 decline
After a 3.7% decline, Mike Coupe said volume and transactions continued to grow on the back of “improved value and further investments in quality”
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NewsPoundland shares fall to all-time low after house broker downgrade
Shares in Poundland have fallen today to their lowest price since the discount chain floated in March 2014 on the back of a downgrade from its house broker.
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NewsPremier Foods calls time on 'power brands' strategy
Premier Foods’ switch to a more category-focussed approach has effectively spelt the end of its ‘power brands’ strategy.
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NewsProfits slump at Interbev despite double-digit sales growth
Interbev saw its profits plunge nearly 70% last year in what owner Stephen Brogan said was “easily the toughest of our seven years in business”.
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NewsMorrisons registers first sales growth since Christmas 2013
Morrisons was the only one of the big four retailers to see an increase in sales for the 12 weeks to 24 May 2015, according to the latest…
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NewsCostcutter investment is now paying off says Willson-Rymer
Costcutter’s recruitment pipeline “has never been stronger” CEO Darcy Willson-Rymer insists
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NewsB&M Bargains rollout proceeding 'full steam ahead'
A near-30% jump in revenues to £1.65bn in its maiden year as a listed company saw analysts lining up to praise B&M Bargains
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NewsB&M aims for 60 new locations on back of huge profit rise
Maiden full-year results see pre-tax profit climb 55.5% from £86.7m to £135m and adjusted EBITDA up 33.6% from £130.4m to £174.2m
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NewsPaypoint profits up, promises new services for retailers
Payment services operator shows 7.7% increase in full-year pre-tax profit from £46m to £49.6m on net revenue up 8.3% from £113.7, to £123m
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NewsSales down by 1.1% at AG Barr in new financial year
Irn-Bru maker AG Barr has revealed a 1.1% dip in sales for the first 15 weeks of its new financial year.