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Latest Finance News related to Sales Growth

Sainsbury's sales fall but Argos growth strengthens image
Source : BBC [Read Article] Thursday 16th of March 2017 07:24:57 AM
....1% rise in like-for-like sales seen in the 15 weeks to 7 January. Sainsbury's convenience stores saw total sales growth of almost 7%, with 10 new outlets opening in the quarter. ...
Domino's feels the heat as Pizza Hut takes a slice out of sales image
Source : Guardian [Read Article] Thursday 9th of March 2017 03:00:22 PM
. Domino’s Pizza suffered a sharp slowdown in sales growth in early 2017 as rival Pizza Hut cut prices and consumers reined in spending. ...
Lego misses out on top toy maker slot image
Source : BBC [Read Article] Thursday 9th of March 2017 12:51:17 PM
John Lewis staff bonus cut again image
Source : BBC [Read Article] Thursday 9th of March 2017 09:27:42 AM
....2%, with both John Lewis and Waitrose increasing their market share. The John Lewis department stores, which say they are "never knowingly undersold" on price, saw sales growth in all major areas. ...
Has wearable tech had its day? image
Source : BBC [Read Article] Sunday 5th of March 2017 01:47:11 AM
....0, suggest the industry has not given up on them yet. In December 2016 Apple CEO Tim Cook said sales growth was "off the charts" following the release of the Apple Watch 2 in September, and Android watchmaker Samsung showed the biggest growth year-on-year in IDC's report. ...
Sorrell: companies that offend good governance tend to perform better image
....WPP hit its target of 3. 1% net sales growth, the key metric watched by analysts and investors, but said a slow start to 2017 has seen that figure fall to 1. ...
Asda imposes harsher terms on suppliers after pound's Brexit slide image
Source : Guardian [Read Article] Thursday 2nd of March 2017 10:25:36 AM
....It is the weakest of the big four grocers and its sales have lagged behind Tesco, Sainsbury’s and Morrisons. Last month it posted its 10th consecutive quarter of negative sales growth. ...
'The economy looks set to be slowing again' – experts debate Brexit watch data image
....But the evidence from the data for the first month of this year is more uncertain. Retail sales growth is now clearly being squeezed by rising inflation. ...
Under Armour reveals bounceback plan after shares plummet 30% image
Source : Guardian [Read Article] Thursday 9th of February 2017 07:00:16 AM
....Shares in the US maker of sportswear have fallen by around 30% in February after it warned that sales grew far less than expected in the final three months of 2016 and it had suffered its worst performance in seven years. The company, which also sponsors Sir Andy Murray and golfer Jordan Spieth, had previously reported 26 consecutive quarters of sales growth of more than 20%. ...
Waterstones makes first year of profit since 2008 financial crash image
Source : Guardian [Read Article] Wednesday 1st of February 2017 04:59:43 PM
....7% rise over Christmas. Mamut has spent about £100m on transforming Waterstones into a more efficient and modern retailer and, with sales growth and profits now on the rise, he is expected to cash out within the next few years. ...
VW becomes world's No 1 carmaker despite diesel emissions scandal image
Source : Guardian [Read Article] Monday 30th of January 2017 01:55:34 PM
....8% rise from 2015. A major contribution was booming sales growth of 12% in a year in China, where VW sells few diesel vehicles. ...
Marmite maker: it was right to increase prices after Brexit vote image
Source : Guardian [Read Article] Thursday 26th of January 2017 02:20:25 PM
....Analysts said Unilever’s track record suggested it should be able to withstand the economic and political headwinds. George Salmon, analysts at Hargreaves Lansdown, said: “Weaker than expected sales growth, depressed by a disappointing performance in Europe and Latin America, isn’t good news, but the group’s longer-term record shouldn’t be hastily discarded. ...
Deliver-roll! Greggs starts delivery service to London bankers image
Source : Guardian [Read Article] Tuesday 17th of January 2017 09:19:04 AM
....The company said full-year results for 2016 would be better than expected following a positive fourth quarter, but warned of greater uncertainty in the year ahead as consumer budgets come under pressure and business costs rise. Whiteside said: “We finished 2016 well, delivering our 13th consecutive quarter of like-for-like sales growth, and anticipate that we will report full-year results for 2016 slightly ahead of our previous expectations. ...
UK Christmas retail: the winners and losers image
Source : Guardian [Read Article] Thursday 12th of January 2017 01:23:56 PM
.... Fresh fruit and vegetables, beers, wine and spirits, and Morrisons’ new upmarket The Best range did well, while sales of the Nutmeg clothing range rose 30%. Britain’s second biggest supermarket chain surprised the City with a record Christmas and its first sales growth since March. ...
Jingle tills image
Source : BBC [Read Article] Thursday 12th of January 2017 01:08:49 PM
....5% - while John Lewis, Debenhams, Ted Baker and online retailers Boohoo. com and Asos also reported sales growth. ...
M&S: Good news finally? image
Source : BBC [Read Article] Thursday 12th of January 2017 12:23:35 PM
....Elsewhere, there was good news tempered with caution about the coming year. This was best expressed at the John Lewis Partnership, which reported like for like sales growth of just under 3% at both the department store chain and the grocery business, Waitrose. ...
Tesco hails turnaround as festive sales increase image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:18:49 AM
....Lewis said Tesco had improved customer service and ranges, helping to boost sales of party food by 24%, premium wine by 20% and Free From specialist allergy-free foods by 18%. Britain’s biggest food retailer said it had achieved the sales growth despite deciding not to repeat last year’s loyalty card promotion, which it said had hit performance by 0. ...
Record Christmas at Sainsbury’s 'shows logic of Argos takeover' image
Source : Guardian [Read Article] Wednesday 11th of January 2017 08:29:40 AM
....4bn takeover of Argos, according to the supermarket’s boss. Sainsbury’s shares rose more than 6% as the retailer surprised the City with a record Christmas week and its first sales growth since March, before settling back to close just over 1% higher. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
....Let’s not get carried away, however. That boast about Christmas 2016 witnessing the strongest performance in seven years is strictly defined in terms of like-for-like sales growth (up 2. ...
Majestic Wine sales up 7.5% over firm's 'biggest ever' Christmas period image
Source : Guardian [Read Article] Tuesday 10th of January 2017 01:53:14 PM
....4%. Analysts had feared Majestic would not achieve its expected sales growth of 6% after the company issued a profit warning in September because of a failed marketing campaign in the US and weak sales to business customers. ...
FTSE 100 marks record winning streak image
Source : BBC [Read Article] Tuesday 10th of January 2017 09:43:26 AM
Food sales drive 'bumper' Christmas for retailers image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:02:01 AM
....Helen Dickinson, chief executive of the BRC, said: "Despite the slow start to the Christmas trading period, the week itself was a bumper one and exceeded expectations. "It delivered the majority of sales growth for the month, proving even bigger than the Black Friday period - which is the reverse of what we saw the year before. ...
Last-minute Christmas rush lifts UK retail sales image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:01:18 AM
....UK retail sales continued to grow at the end of last year as Britons made a late dash for Christmas gifts and festive foods, according to industry figures that add to signs the economy ended 2016 on a strong note. The British Retail Consortium (BRC) pointed to challenges ahead from rising costs and political uncertainty but said its members went into the new year having enjoyed solid sales growth over the crucial Christmas period. ...
Jaguar Land Rover and Rolls-Royce car sales rise image
Source : BBC [Read Article] Monday 9th of January 2017 07:24:06 AM
....The only market where conditions were difficult was the Middle East, "where consumer demand for all luxury goods was dampened by economic and political uncertainty". Its chief executive Torsten Mueller-Otvos told the BBC that its sales growth reflected a worldwide improvement in the luxury goods market generally. ...
Aldi reports record Christmas sales image
Source : BBC [Read Article] Monday 9th of January 2017 12:05:48 AM
....Analysts think that Marks and Spencer, which publishes its trading update on Thursday, can hardly fail to improve on 2015's Christmas trading, when sales at its non-food business fell almost 6%. Andrew Wade, from Numis Securities, thinks that M&S could report sales growth in clothing and homewares of 1%. ...
Good Christmas? M&S set to surprise as retailers reveal festive sales image
Source : Guardian [Read Article] Sunday 8th of January 2017 02:14:45 PM
....“The worry is that increased discounting/price matching will have cost John Lewis quite a bit of gross margin,” said Bubb. “Also the skewing of sales growth to online will have been expensive in terms of fulfilment and distribution costs. ...
Jamie Oliver to close six restaurants in 'tough market' after Brexit vote image
....Oliver currently has 42 Jamie’s Italian restaurants in the UK and more than 36 abroad run under his name. “Our overall business is in very good shape, we finished last year with like for like sales growth and an increase in covers,” said Blagden. ...
FTSE 100 bolstered by Persimmon update image
Source : BBC [Read Article] Thursday 5th of January 2017 09:04:25 AM
. Housebuilder Persimmon boosted the London market after the company reported strong sales growth. ...
Next warns on outlook as sales fall image
Source : BBC [Read Article] Wednesday 4th of January 2017 07:34:13 AM
.... . Next said that it was budgeting for full-price sales growth in the year to January 2018 within the range of a fall of 4. ...
Boxing Day footfall tumbles as shoppers go online image
Source : Guardian [Read Article] Monday 26th of December 2016 07:12:36 PM
....Stores traditionally targeted by Boxing Day bargain hunters continued to report strong trade and there were signs the weak pound was helping to bolster takings from tourists. In London, Harrods said it was expecting a busy Boxing Day to build on a strong run-up to Christmas when it had achieved double-digit sales growth on a year ago. ...
Sainsbury's chief Mike Coupe stocks up for future image
Source : Guardian [Read Article] Thursday 22nd of December 2016 07:00:40 AM
. When Mike Coupe took over from his showier former boss Justin King as Sainsbury’s chief executive in 2014, just as the group’s nine year-long stretch of sales growth was coming to an end, many industry observers believed he had been handed one of the biggest turkeys in the business. ...
Retail figures pick up as shoppers spend before price rises image
Source : Guardian [Read Article] Wednesday 21st of December 2016 07:04:24 PM
....Retailers are set for a strong end to the year as shoppers from overseas seek out bargains and Brits snap up big electrical goods and furniture before expected price rises next year. Despite fears of a Brexit slowdown, retail sales growth picked up in the final quarter of the year, according to the latest Bank of England report on business conditions. ...
Brexit economy: inflation surge shows impact of vote finally beginning to bite image
Source : Guardian [Read Article] Wednesday 21st of December 2016 11:36:14 AM
.... The FTSE 100 leading share index is close to an all-time high hit in October and the more domestically focused FTSE midcap index is above its pre-referendum level. But the pace of hiring has slowed, retail sales growth has eased off and inflation is at a two-year high as the weak pound raises the cost of imports to the UK. ...
Retail sales up ahead of 2017 slowdown image
Source : BBC [Read Article] Tuesday 20th of December 2016 12:23:26 PM
....UK retail sales volumes rose at their fastest pace since September 2015 in the year to December, according to the employers' organisation the CBI. However, it expects retail sales growth to slow down next year, as a result of the fall in sterling prompted by the Brexit vote in June. ...
CBI health check reveals UK Christmas shopping splurge image
Source : Guardian [Read Article] Tuesday 20th of December 2016 12:01:18 PM
. Retailers have been enjoying their strongest sales growth in more than a year amid signs from Britain’s leading employers’ organisation of a pre-Christmas consumer spending spree. ...
Retail sales rise on Black Friday discount boost image
Source : BBC [Read Article] Thursday 15th of December 2016 09:48:44 AM
....9% in November compared with the same month last year as shoppers took advantage of Black Friday discounts. But higher fuel costs meant the rise was not as strong as in October, when annual retail sales growth hit a 14-year high of 7. ...
Velvet dress sales put Zara owner firmly in fashion image
Source : BBC [Read Article] Wednesday 14th of December 2016 11:02:59 AM
.... Its items are designed, made and shipped to stores often in less than a month, which boosts its profitability. "Few other major clothing retailers can match the mid-teens [percentage] sales growth that Inditex has achieved in difficult global markets this year," analysts at Liberum said. ...
UK grocery prices falling by lowest rate in more than two years image
Source : Guardian [Read Article] Tuesday 13th of December 2016 09:52:35 AM
....5% drop reported last month. Despite near flat prices overall, Tesco was the only one of the big four supermarkets to record sales growth, according to Kantar, up 1. ...
Shoppers splash out on premium treats image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:28:30 AM
....7% recorded last year," he said. Aldi was the only retailer to record double-digit sales growth overall, with a 10% rise compared with the same period last year. ...
Scottish spirits are soaring (but it’s gin, not whisky) image
Source : Guardian [Read Article] Sunday 11th of December 2016 12:05:12 AM
....Therein lies the rub. Because despite its deep heritage, it’s not whisky that’s driving the sales growth, but gin. ...
The year of gin! Spirit enjoys record sales as drinking habits change image
Source : Guardian [Read Article] Thursday 8th of December 2016 01:25:16 PM
. British drinkers have been quaffing gin in record amounts during 2016, buying 40m bottles in a spending spree that outstripped sales growth in beer and sparkling wine. ...
Fitbit confirms Pebble takeover deal image
Source : BBC [Read Article] Wednesday 7th of December 2016 03:45:27 PM
.... . But the firm's chief executive Tim Cook responded saying the product's sales growth was "off the charts". ...
Consumer credit sees fastest growth in 10 years image
Source : Guardian [Read Article] Thursday 24th of November 2016 11:50:14 AM
....October saw a surprise retail sales boom, according to official figures, and the BBA’s data suggests some of that spending was done on credit. Rebecca Harding, chief economist at the BBA, said: “Consumer credit is now growing at its fastest rate since November 2006, reflecting strong retail sales growth. ...
Austin Reed to return to high street seven months after collapse image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 11:33:46 AM
....9m. All of the group’s brands had achieved sales growth at established stores, it said. ...
Amazon v Donald Trump? Jeff Bezos may soon face his biggest challenge yet image
Source : Guardian [Read Article] Friday 18th of November 2016 07:13:20 PM
....Amazon will almost certainly enjoy its biggest ever day on Black Friday next week. The discount shopping event will help the American online retailer to continue its run of 22 years of unbroken and dramatic sales growth since it was founded in 1994 by Jeff Bezos. ...
Asda sales slump puts chain at bottom of UK supermarket league image
Source : Guardian [Read Article] Thursday 17th of November 2016 01:13:32 PM
.... That was an improvement on the previous quarter, when sales were down by 7. 5%, but puts Asda well behind rivals Tesco and Morrisons, which recently reported underlying sales growth. ...
Retail sales soar on colder weather and Halloween image
Source : BBC [Read Article] Thursday 17th of November 2016 10:16:07 AM
....". Mr Tombs said retail sales growth was likely to disappoint in November as clothing sales returned to normal levels. ...
Argos boss plans whirlwind shop tour to boost catalogue retailer image
Source : Guardian [Read Article] Sunday 13th of November 2016 05:42:24 PM
.... While Rogers will not confirm how many of those will replace existing outlets, analysts expect as many as half will be new stores. Furthermore, the 10 Argos outlets which opened in Sainsbury’s stores a year ago, before the takeover deal was agreed, are enjoying sales growth of up to 30% year-on-year. ...
Trump's $1tn pledge sounds impressive but beware the small print image
Source : Guardian [Read Article] Thursday 10th of November 2016 07:45:58 PM
.... While it is safe to assume that Obamacare will be scrapped or heavily modified, “nobody knows what the new landscape will look like”. AstraZeneca’s shareholders know the feeling: Soriot keeps telling them that “an inflection point” is arriving, meaning a return to sales growth. ...
A post-Brexit recovery – for Gove at least image
Source : Guardian [Read Article] Sunday 6th of November 2016 07:00:09 AM
....That strong performance might have continued in September – given the reasonable weather that month – but the overall outlook for the company seems less impressive. Analysts at Peel Hunt said: “Like-for-like sales growth is hard to come by here and cost inflation will not go away, so it is hard to see vast progress in profit terms. ...
Next sees sales fall again in 'difficult' quarter image
Source : BBC [Read Article] Wednesday 2nd of November 2016 07:39:19 AM
.... . "The beginning of the autumn/winter season was plagued by unseasonably warm weather, which has decimated sales growth across the sector. ...
WPP gains fail to lift FTSE 100 image
Source : BBC [Read Article] Monday 31st of October 2016 08:36:48 AM
....WPP was the biggest riser on the FTSE 100, up 4. 3%, despite seeing UK sales growth slow, which it said could be "the first signs of Brexit anxiety". ...
Coke revenues continue to lose their fizz image
Source : BBC [Read Article] Wednesday 26th of October 2016 02:23:09 PM
....James Quincey, Coca-Cola president and chief operating officer, told a conference last month that a new global marketing campaign called Taste the Feeling was beginning to boost sales. "We see encouraging results in terms of retail sales growth of the Coca-Cola brand in total," he said. ...
Whitbread lifted by Costa and Premier image
Source : BBC [Read Article] Tuesday 25th of October 2016 08:40:58 AM
...."The success of our brand has been based on consistently delivering great value for money and that's a combination of service, price and the quality of the coffee, so we'll continue to focus on that," she added. Costa reported like-for-like sales growth of 2. ...
FTSE 100 edges higher after chancellor reassures image
Source : BBC [Read Article] Wednesday 19th of October 2016 08:01:34 AM
....Reckitt Benckiser was another faller in the index, losing 2. 6% after its sales growth slowed by more than expected in the third quarter of the year. ...
'Everything is cheaper': Burberry UK sees tourist boom image
Source : BBC [Read Article] Tuesday 18th of October 2016 10:59:10 AM
....According to FTSE 100-listed payments processor Worldpay, foreign card spending growth was up 3. 4% in August compared with the previous year, and online sales growth rose by 5. ...
Tesco price row: Unilever CFO defends cost hike against Brexit backdrop image
Source : Guardian [Read Article] Thursday 13th of October 2016 07:44:47 AM
....The UK accounts for less than 5% of Unilever’s business, Pitkethly said, as the company announced better than expected quarterly results after pushing through price increases around the world. The company posted underlying sales growth of 3. ...
Ted Baker boosts sales despite tough trading conditions image
Source : BBC [Read Article] Tuesday 11th of October 2016 10:58:39 AM
.... . "The second half of the year is more important to Ted Baker than the first, nonetheless the news that sales growth remains robust provides reassurance that the group can continue to thrive, even in challenging times. ...
Fast food giant Yum Brands suffers ahead of China spin-off image
Source : BBC [Read Article] Thursday 6th of October 2016 12:35:41 AM
....In July, an international court in The Hague ruled against those claims, backing a case brought by the Philippines. "If not for this event, we believe the China Division would have delivered its fifth consecutive quarter of positive same-store sales growth," Yum said. ...
Greggs sales boosted by healthier food image
Source : BBC [Read Article] Tuesday 4th of October 2016 06:29:15 AM
.... . "The popularity of our summer menu including an extended range of Balanced Choice salads and yoghurts supported sales growth in the period," it said in a statement. ...
Tesco faces UK legal action over accounting scandal image
Source : BBC [Read Article] Sunday 2nd of October 2016 06:36:51 PM
....Last November, Tesco agreed to pay $12m (£8m) to settle legal action by US shareholders which claimed that Tesco's accounting irregularities inflated the supermarket's share price. News of the claim comes ahead of Tesco's half-year results on Wednesday, which analysts have predicted will show a third consecutive quarter of sales growth. ...
An excuse to shop image
Source : BBC [Read Article] Wednesday 28th of September 2016 11:25:34 PM
....In all, foreign card spending growth was up 3. 4% in August compared with the previous year, and online sales growth rose by 5. ...
Twitter shares soar almost 20% on takeover talk image
Source : BBC [Read Article] Friday 23rd of September 2016 02:04:28 PM
.... . Twitter has never made a profit and sales growth has been slowing in recent quarters. ...
Alcohol sales climb as UK toasts Olympics success image
Source : BBC [Read Article] Tuesday 20th of September 2016 10:31:12 AM
.... . Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said: "While overall [grocery] sales growth has been slow, consumers have been keen to celebrate Britain's Olympic and Paralympic golden summer, boosting alcohol sales. ...
In the rough image
Source : BBC [Read Article] Tuesday 23rd of August 2016 11:03:08 PM
.... Although interestingly both are going to remain in the golf footwear and clothing markets. Declining participation numbers in the game's biggest market means that other sports such as athletics and basketball offer more attractive opportunities for sales growth. ...
Big four supermarkets report a drop in summer sales image
Source : BBC [Read Article] Tuesday 23rd of August 2016 08:23:32 AM
....3% in the 12 weeks to 14 August, boosted by the warm weather. Lidl and Aldi recorded like-for-like sales growth of 12. ...
Selfies fuel boom in make-up sales for Estee Lauder image
Source : BBC [Read Article] Friday 19th of August 2016 03:55:12 PM
....The company said that there has been strong demand for lipsticks and foundation, with a particular growth spurt in Britain. MAC, Bobbi Brown and Smashbox, which it acquired in 2010, all reported double digit sales growth. ...
Cath Kidston continues advance as targets Latin America image
Source : BBC [Read Article] Tuesday 16th of August 2016 05:10:01 PM
.... Four new stores opened in the UK last year, one in China and 40 franchise stores, including its first Middle East stores. Franchising has proven a successful tool, particularly so in Japan where double digit sales growth over several years led the company to decide in July 2015 to purchase the Japanese Cath Kidston franchise business of 27 shops back from TSI Holdings subsidiary Sanei International. ...
FTSE 100 boosted by travel firm Tui image
Source : BBC [Read Article] Thursday 11th of August 2016 08:43:33 AM
....8% to €229. 6m (£197m) in the first half of the year and it forecast stronger sales growth for the year ahead. ...

Pets at Home bullish on outlook as it collars sales growth
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Source : Telegraph [Read Article] Thursday 4th of August 2016 08:39:02 AM
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Ford profits fall as it warns on US economic risks image
Source : BBC [Read Article] Thursday 28th of July 2016 03:35:56 PM
....The company said that sales in the US and China were lower than anticipated in the quarter, and Ford also announced its first quarterly loss in Asia Pacific for three years. Chief financial officer Bob Shanks said the US economic recovery was "maturing," a development which would hinder sales growth later this year. ...
McDonald's to create 5,000 UK jobs image
Source : BBC [Read Article] Wednesday 27th of July 2016 02:17:16 PM
....UK boss Paul Pomroy said the company was committed to the UK, but added that "challenging economic conditions" remained. McDonald's has seen 41 consecutive quarters of sales growth in the UK. ...
Twitter reports slowest revenue growth since 2013 image
Source : BBC [Read Article] Tuesday 26th of July 2016 09:20:05 PM
. Twitter has reported its slowest quarterly sales growth in three years, as the firm fends off competition from a growing number of social media sites. ...

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