Retail news
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M&S satisfied with £632 million profit
- Posted:
- 25 May 2010 09:30
High street retailer Marks & Spencer confirmed a return to annual profits growth today after reporting a 4.6% hike to £632.5 million.An impressive fourth quarter of sales growth helped the group notch up the underlying pre-tax profits haul, which marked a turnaround on the 40% plunge the previous year.In presenting ...read more
Boots profits top £1 billion
- Posted:
- 17 May 2010 09:52
High street giant Alliance Boots today pushed profits above £1 billion for the first time and mapped out future growth plans despite "challenging" conditions.The health and beauty retailer/wholesaler posted trading profits of £1.07 billion in the year to March 31st, up 12.7% on a year earlier, helped by launches such ...read more
Celebrities launch charity pop-up shop
- Posted:
- 14 May 2010 09:35
A glitzy charity shop crammed with celebrities' cast-offs including Carey Mulligan's Bafta gown was launched by Zoe Ball, Beverley Knight and Annie Lennox today.The temporary second-hand store, billed as "Britain's biggest charity pop-up shop," includes one-offs donated by Beyonce, Alexa Chung, Elle Macpherson, Dame Helen Mirren, Little Boots, Dame Shirley ...read more
Boots top for reputation
- Posted:
- 07 May 2010 10:13
Alliance Boots has the strongest corporate reputation in the UK, according to a new report from the Reputation Institute.In the Annual Global Reputation Pulse Study 2010, Boots came top, despite being only one of four retailers in the survey, with The John Lewis Partnership was at number five, Marks & ...read more
Mothercare hit by frosty weather
- Posted:
- 01 April 2010 09:50
Mothercare's long run of UK quarterly sales growth came to an end today, as the company was forced to extend its winter sale in order to offset the damaging impact of the "extreme" weather.For the full year ended March 27th, the company saw total group sales rise 5.9%, with total ...read more
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