latest – Page 89
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NewsCity snapshot: Tesco outperforms market with 2.6% festive sales growth
A hectic morning sees Christmas trading updates from grocery stalwarts Tesco, John Lewis Partnership, Marks & Spencer as well as B&M, C&C Group, McBride and Hilton Food Group.
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NewsSainsbury's attributes falling sales to cautious shoppers
Like-for-like sales from Argos stores open for over a year in Sainsbury’s supermarkets increased 10% year on year
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NewsSainsbury's festive sales fall 1.1% despite grocery growth
Sainsbury’s has blamed “cautious consumer spending” for a 1.1% fall in like-for-like sales over the Christmas period, Naked Wines has driven growth at Majestic, and much more on a busy day in the City
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NewsWholesale growth drives 3.6% Morrisons Christmas sales rise
Morrisons has reported a like for like festive sales jump of 3.6%. Plus market share data shows a slowdown in grocery growth over Christmas.
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NewsSelfridges reports 8% rise in sales for Christmas period
Sales were up also up 8% in the week leading up to Christmas 2018
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NewsHalewood Wines & Spirits profits triple as sales soar
This time three years ago Halewood was more than £8m in the red, and sales had fallen £38m.
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NewsUS expansion puts Baxters back in the black
Soup maker Baxters Food Group is back in the black after a year of US expansion grew sales.
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NewsPark Garage Group credits pre-tax profit hike to Brexit plan
Forecourt operator invested £700,000 to create a framework of best-practice
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NewsAddo Food Group plunges into red in first year of PE ownership
PE house LDC completed a secondary buyout of the Pork Farms munfacturer in April 2017
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NewsLiberty Wines earnings hammered by weak pound
Sales surged but ”did not neatly translate into the margins we had been achieving”, said the distributor’s COO
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NewsNext kicks off Christmas reporting season with solid sales performance
High street bellwether Next has reported sales growth in-line with expectations over the festive period, but has cut its profit guidance due to higher sales of lower margin goods.
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NewsWaitrose Christmas week sales jump 19% to 'hit expectations'
Sales at the premium supermarket were heavily distorted by the timing of Christmas and New Year compared to 2017, the retailer said in its weekly trading update
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NewsCellar Trends profits fall following loss of brand rights
The business has posted a pre-tax loss of £270,965 for the year ending 31 May 2018
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NewsGeneral Mills beats profit estimates despite decline in yoghurt sales
The Old El Paso manufacturer’s shares jumped 4.8% prior to trading, after it revealed improved margins
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NewsNando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.
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NewsPlanet Organic back in growth before private equity buyout
Planet Organic moved back into the black in the run-up to its PE buyout earlier this year.
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NewsGraze sales slide despite in-store growth as sales process continues
Sales dived 5.2% at healthy snacking brand Graze last year, despite a strong performance from its retail arm.
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NewsBestway posts £267k loss after Conviviality Retail purchase
Bestway Retail MD David Robinson said the losses were not as severe as expected
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NewsOcado looking for fifth UK CFC
Average orders per week grew 13.1% to 320,000 in the fourth quarter…