Articles tagged profit

Retail News - Greggs posts a record 41% jump in annual profit

Sausage roll aficionados Greggs posted an impressive 41 per cent increase in annual profit on Wednesday, thanks to improved products, service and shops, as well as what it described as a favourable trading environment.

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Retail News - Travis Perkins posts 14.9% rise in FY earnings

A boom in construction meant Wickes, Tile Giant, BSS and City Plumbing owner Travis Perkins could post a 14.9 per cent rise in 2014 earnings

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Retail News - Thorntons H1 profit falls 10%

Thorntons Plc on Monday announced its profit fell 10 per cent in the first half due to an unexpected cut in orders from two of its grocery partners, alongside warehousing problems at its UK commercial business.

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Retail News - Dan Jago returns as head of wine at Tesco

Following his suspension – along with a range of other directors – head of wine, beer and spirits at Tesco Dan Jago is to begin work back at the retailer from next month.

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Retail News - Soaring demand for Lego across the globe

Danish toy giant Lego has revealed its building blocks are soaring in popularity with no end in sight.

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Retail News - Sales fell 0.6% last week at Waitrose

Sales at Waitrose dropped last week by 0.6 per cent year-on-year, as the high-end grocer was hit by heavy promotional activity occurring during the equivalent period last year.

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Retail News - Kering suffers blow to FY operating profit

Operating profit at French conglomerate Kering fell 5 per cent in 2014, after a mixed performance from its Gucci brand and efforts to turnaround the fortunes of Puma.

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Retail News - 14% sales rise for H&M in January

Total Hennes & Mauritz sales in local currencies grew by 14 per cent throughout January, which is slightly less than in December.

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Retail News - Former Asda boss in running to lead Tesco

Archie Norman the chair and previous boss of Asda could be the new Tesco chairman, it has been revealed.

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Retail News - Disappointing results from Groupon

First-quarter results from Groupon failed to live up to the predictions of Wall Street, as the firm revealed flailing profit growth despite efforts to improve sales.

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