Results – Page 125
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NewsTesco hits the accelerator on store revamps as sales drop
Tesco chief executive Philip Clarke has declared 2014 will be “the year of the hypermarket” as he revealed the retailer was planning a massive rollout of the pilots trialled in areas such as Watford.
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NewsSainsbury’s sales powered by own-label and convenience
Strong growth in own-label, convenience and online has helped Sainsbury’s record like-for-like sales growth of 1.4%, excluding fuel, for the first half of the year.
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NewsAldi's sales leap as a million more customers enter its stores
Aldi added more than £1bn to its sales and attracted a million more shoppers to its stores in 2012, according to the discounter’s latest full-year results.
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NewsNom Dairy UK accounts reveal tough life in the UK yoghurt market
Nom Dairy UK posted a £10m loss in 2012 as it struggled to compete in the tough UK yoghurt sector…
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NewsPoundstretcher owner Crown Crest posts 16% profit fall
Discount wholesaler Crown Crest, which owns Poundstretcher, has posted a double-digit fall in full-year pre-tax profits…
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NewsMars reverses two years of falling profits with 9% hike in 2012
Mars Chocolate has reported a sharp increase in profits – after two years of falling profitability…
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NewsP&H in the red following 'exceptional items' hit
Palmer & Harvey has slipped into the red after taking a £13.4m hit on exceptional items…
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NewsBritvic sales reshuffle 'could reduce headcount by a third'
Britvic is planning a major shake-up of its GB sales force that could result in hundreds of job losses…
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NewsScotmid Co-op suffers dip in sales and profits
Scotmid has posted a small drop in half-year sales and profits in what it described as a “challenging retail trading environment”.
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NewsDairy Crest ‘steady’ in first half as cheese outperforms spreads
Dairy Crest has delivered a steady performance during the six months to 30 September, and its full-year profit expectations are unchanged, the company has said in a trading update.
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NewsWaitrose enjoys growth in north and south as sales climb 6.9%
Waitrose has defied the flat grocery market to report a 6.9% increase in half-year like-for-like sales.
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NewsMorrisons to review property portfolio as profits fall
Morrisons has launched a review of its £9bn property portfolio as it considers ways of unlocking more capital.
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NewsOcado sales jump 16.4% as basket size grows
Ocado has reported a 16.4% increase in third-quarter sales year-on-year to £189.2m.
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NewsHilton Food Group's profits inch upwards
Tesco meat packer Hilton Food Group has posted a 0.7% increase in volumes, driven by the introduction of new lines in Holland.
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Comment & Opinion
There's more to the US craft beer decline than meets the eye
There’s been a dramatic fall in UK imports of American craft beers…
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NewsCampo Viejo and Jameson drive Pernod Ricard UK sales
Pernod Ricard UK has described its UK performance as “very satisfactory” – despite the French company saying there was “quasi-stability” in the UK.
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NewsPernod Ricard sales lifted by top brands and emerging markets
Pernod Ricard has reported “strong performance” driven by its top brands – but said the UK market remained “quasi-stable”.
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NewsCo-op Group loses £559m as banking woes bite
The Co-operative Group’s food business has reported a 1.1% fall in half-year like-for-like food sales, but banking woes hit the society hard.
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NewsHain Celestial chalks up record UK sales
Fmcg giant Hain Celestial chalked up record UK sales in its fourth-quarter and full-year results, it announced yesterday.
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NewsCarlsberg profits drop in second quarter
Carlsberg said today its full-year sales and profits forecast remained unchanged despite lower than predicted pre-tax profits in the second quarter.