Retail news
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Starbucks sees global sales soar
- Posted:
- 01 August 2011 10:04
US coffee giant Starbucks has reported a sharp increase in profits as global sales continued to grow. The group has raised its full year profits forecast.Net income for the three months to July 3rd came in at $279.1 million (£170.5 million), an increase of 34% on the £207.9 million a ...read more
Starbucks UK sees sales growth on new products
- Posted:
- 20 June 2011 09:25
Starbucks' UK division saw like-for-like sales growth of 5% in the year to October 3rd 2010 as customers embraced new products. Total sales increased 2% to £396 million according to the latest accounts filed at Companies House.Speaking to The Guardian, UK managing director Darcy Wilson-Rymer said: "Our sales are still ...read more
Walmart looks for European deals
- Posted:
- 23 May 2011 09:54
The American owner of supermarket Asda, Walmart, is looking to set up a UK base to look at European takeover opportunities, it was reported today.The US retail giant, which owns nearly 10,000 retail units under 60 different brands in 15 countries, wants to bring a team to London, the Independent ...read more
Fairtrade sales top £1 billion
- Posted:
- 28 February 2011 09:39
Sales of Fairtrade products in the UK soared by 40% last year to more than £1 billion despite the tough economic times, new figures showed today.The Fairtrade Foundation launched Fairtrade Fortnight by saying the huge rise in sales showed that shoppers in this country are continuing to embrace ethical values.The ...read more
Starbucks to accelerate store openings as economy recovers
- Posted:
- 15 November 2010 10:47
Starbucks is planning to more than double its rate of store openings as the global economy recovers. The world's biggest coffee chain will open an average of more than one store a day during the next 12 months."Our ability to navigate through the financial crisis and come out much stronger ...read more
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