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Nordstrom receives lower than expected sales and profit 1Q Friday, 17th May 2013
Nordstrom Inc reported that its sales and profit dropped more than expected in the first quarter due to weak business in early winter, while shares reduced to 3.9 per cent after trading.
Fashion sales back in vogue for John Lewis Friday, 17th May 2013
Despite tough comparisons across the business, John Lewis’ fashion sales rose 4.8 per cent in the week to 11 May, as the warm weather spurred on clothing lines. A warm bank holiday weekend brought a sharp drop in footfall for John Lewis in the seven days to 11 May, with total sales falling to -0.2 per cent year-on-year.
Hard work “paying off” as Dixons' Q4 sales rise 13% Thursday, 16th May 2013
Dixons Retail on Thursday reported like-for-like sales in its final quarter rose 13 per cent in the UK and Ireland, as strong demand for tablet computers continued. The electrical goods retailer, which also operates Currys, PC World and Dixons Travel, is now expecting year profit to come in at the top end of market expectations.
Pandora’s profit for 1Q lifts shares to 2 year high Wednesday, 15th May 2013
Pandora’s core earnings beat forecasts for its first quarter showing that the company's chief executive, Bjorn Gulden's strategy to revert to 'affordable luxury' products is paying off.