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Thorntons’ sees Christmas sales rise, but stores still suffering Wednesday, 16th January 2013
A surge in sales of chocolate boxes helped Thorntons see in a profitable new year, but a decline in like-for-like store sales suggests the retailer isn’t out of danger yet. Commercial sales grew 26.4 per cent to £34.7 million in the 14 weeks to 12 January, against a 1.3 per cent decline in like-for-like sales across its store operations.
M&S shares take a tumble Friday, 11th January 2013
Shares in Marks & Spencer went through the wringer on Thursday after the retailer released its Christmas trading figures 12 hours ahead of schedule. Marks & Spencer saw more than 5 per cent, nearly £300 million taken off its value at one point on Thursday, although the department store chain was able to take control of its shares by the end of the day, closing down 2.2p at 368.8p.
Tesco’s Christmas coup: sales up 1.8% after stronger seasonal offering Thursday, 10th January 2013
Tesco on Thursday reported a 1.8 per cent rise in sales for the run up to Christmas, its strongest UK growth in three years, after the retailer stepped up its game for the festive season. The nation’s largest retailer said sales excluding new store openings, VAT and petrol grew 1.8 per cent in the six weeks to 5 January, compared with the same time a year before.
Iceland Foods reports 5% jump in Christmas sales Wednesday, 9th January 2013
Frozen food specialist Iceland has reported a 5 per cent rise in sales in the run-up to Christmas, as consumers continued to chose value-focused supermarkets to complete their shopping lists. An Iceland spokesperson speaking to the BBC said total sales during November and December grew by 5 per cent, with strong demand for the grocer’s roast-from-frozen seasonal joints and seasonal desserts.
Greggs sees Christmas sales fall 2.9% Wednesday, 9th January 2013
Greggs found wet weather in the run-up to Christmas kept shoppers at bay, as like-for-like sales fell over peak trading. With 1,671 outlets across the UK, the nation's largest bakery chain saw a 2.9 per cent drop in sales at stores open at least 12 months, compared with the same period a year before.
Sainsbury meets forecasts for Christmas, despite a slowdown in growth Wednesday, 9th January 2013
Sainsbury’s on Wednesday revealed it had met analysts’ forecasts for the Christmas trading period, with sales at stores open over a year up 0.9 per cent. Total third quarter sales rose 3.3 per cent excluding fuel in the 14 weeks to 5 January, Sainsbury’s third financial quarter, which was the retailer’s 32nd consecutive quarter of underlying sales growth.
BRC finds UK retail sales up just 0.3% for December Tuesday, 8th January 2013
Crowds wait for Marmite's Christmas lights on Oxford Street. “Not a cause for celebration, but not a disaster either” was the verdict on December’s results as UK retail sales values rose just 0.3 per cent on a like-for-like basis from December 2011. The British Retail Consortium (BRC) found total sales were up 1.5 per cent against a 4.1 per cent rise the year before, with online sales up a promising 17.8 per cent for the period.
Warehouse managing director to depart as sales ‘flourish’ Monday, 7th January 2013
Meg Lustman, managing director of Aurora-owned fashion brand Warehouse is expected to leave the retailer next month following a period of strong trading over Christmas. Having worked at the head of the company since 2009, the Independent reported that Lustman is thought to be leaving her role in February, although she could remain on the group’s board for a while longer.
‘Best ever’ Christmas for House of Fraser as sales rise 6.3% Monday, 7th January 2013
House of Fraser on Monday revealed a 6.3 per cent rise in like-for-like sales excluding VAT over Christmas, in what it described as its ‘best ever Christmas sales period’. The department store group, which operates 60 stores across the UK and Ireland, said it had seen a positive sales performance both in-store and online, with record-breaking online sales up 48 per cent in the 6 weeks to 5 January 2013.
‘Disappointing’ Christmas for Morrisons as sales fall 2.5% Monday, 7th January 2013
Like-for-like sales in the six weeks to the end of December fell 2.5 per cent for Morrisons, as the supermarket giant said it needed it improve its promotions and accelerate its growth into other channels including online. Bradford-based Morrisons, the UK’s fourth largest supermarket, said in the six weeks to 30 December like-for-like sales excluding fuel and new store openings fell 2.5 per cent, with total sales falling almost 1 per cent.