“Mixed bag” for John Lewis results as half term impacts sales Friday, 22nd February 2013
John Lewis reported a “mixed bag of events” for the week ending 15 February, but still managed an 8 per cent rise in sales on the year before. The department store said six out of its seven days of trading reported positive sales gains, with especially strong weekend trading clocking up a 16 per cent rise in sales on Sunday 10 February and an 11.5 per cent rise on Saturday 15 February.
Iceland chief Malcolm Walker says local councils are to blame for horsemeat scandal Monday, 18th February 2013
Photo credit: The Andrew Marr show, BBC Malcolm Walker, founder and chief executive of Iceland Foods, on Sunday said it was local councils that are to blame for the presence of horsemeat in the meat supply chain, as cheap food contracts look to drive down costs for schools, prisons and hospitals. Speaking...
Tesco maintains market share while Morrisons lags behind Tuesday, 29th January 2013
Tension between the UK’s four biggest supermarkets shows little sign of letting up as industry figures suggest Tesco is back on fighting form. The latest grocery share figures from Kantar Worldpanel found Tesco maintained its market share of 30.4 per cent in the 12 weeks to 20 January.
John Lewis’ sales growth “no mean feat” amidst snow storms Friday, 25th January 2013
Severe weather warnings and an onslaught of snow saw a “chilled” momentum for John Lewis in the week to 19 January, as weekend trading suffered at the hands of the extreme weather conditions seen across the UK. The department store reported strong trading in the mid-week, up 15 per cent to Friday, but heavy snow dragged on the results, meaning John Lewis closed the week with a 6.7 per cent growth.
John Lewis reports "cracking finale" to sales Friday, 18th January 2013
Image courtesy of John Lewis
John Lewis today reported a “cracking finale” to its clearance sale, with a 19 per cent year-on-year sales increase to £75.8 million for the week to 12 January. Electricals and home technology was the strongest performing category, up 35 per cent. Homeware notched up a 12 per cent increase and fashion saw an eight per cent boost.
Waitrose distribution deal ends, 400 fear job loss Monday, 14th January 2013
Following a decision to cease business with a distribution centre in Leicestershire, 400 jobs are in danger. According to a report by the Grocer, September could bring the centre’s contract with Waitrose close, causing potential job losses for the Kuehne &Nagel-owned centre.
Christmas trolley dash: Sainsbury’s makes gains but it’s Iceland that reaches record growth Tuesday, 8th January 2013
Sainsbury’s was the only retailer amongst the UK’s four largest supermarkets to increase its market share during the run up to Christmas, although growth at either end of the market bought signs of encouragement for 2013. The latest figures from Kantar Worldpanel UK on Tuesday found Sainsbury’s sales grew 3.4 per cent in the 12 weeks to 23 December, boosting its market share by 0.1 percentage points to 17.1 per cent.
Waitrose reports on record Christmas trading Thursday, 27th December 2012
Upmarket grocer Waitrose on Thursday revealed it had seen a record breaking Christmas trading period in the seven weeks to 24 December, with like-for-like sales up 4.3 per cent from the same period last year, surging in the last days of the run-up to festivities. Speaking in light of the results, managing director Mark Price said:
“The key to our growth this Christmas has been a combination of great value and inspiring, innovative products.
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