Retail news
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Ocado Christmas sales boosted by own-labels
- Posted:
- 12 January 2012 10:33
Online grocer has said that Christmas trading was "encouraging", in a rare good-news story for retail sales in January. In the seven trading days to Christmas, gross sales were up 23.8% from 2010 at £18.7 million, with customer orders up 21.8% on 2010, boosted by an 88% rise in own-label ...read more
JD Sports sales edge up
- Posted:
- 12 January 2012 10:33
JD Sports Fashion has announced a rise in like-for-like sales in its core UK and Ireland operations of 1.6% for the five weeks ended January 7th.The company added that its recent acquisition of the loss-making Blacks Leisure chain would lead to a small reduction in earnings in the current year, ...read more
Halfords loses out as mild winter hits car maintenance
- Posted:
- 12 January 2012 10:31
Bicycle and car parts retailer Halfords has said that the recent mild weather has made customers more wary than ever of spending money on car maintenance and repairs. Halfords added that increased bike sales were not enough to offset these cutbacks.The retailer, which has 467 outlets, said like-for-like sales of ...read more
Thorntons loses out in competition battle
- Posted:
- 12 January 2012 10:30
Chocolatier Thorntons battled tough competition in the run-up to Christmas as customers hunted for the best deals, resulting in slightly lower than expected like-for-like results. The group, which has 574 wholly-owned and franchise stores in the UK, said like-for-like sales fell by 4.2% in the 14 weeks to January 7th.Thorntons, ...read more
Tesco "disappointed" after weak Christmas
- Posted:
- 12 January 2012 10:30
The UK's largest supermarket group, Tesco, has revealed a worse-than-expected drop in sales in the run-up to Christmas as it admitted its Big Price Drop low price campaign had failed to pull in the anticipated number of customers. The grocer triggered a price war with its £500 million price-cutting campaign ...read more
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