Retail news
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Dropping bike sales impact Halfords
- Posted:
- 13 January 2011 10:38
A poor Christmas for sales of children's bicycles dominated trading figures from Halfords today after the retailer forecast disappointing profits.The group, which has 464 stores in the UK and Ireland, said cycle sales slumped 16% on a like-for-like basis as fewer bikes were given as presents and premium products were ...read more
Topps pleased with robust trading
- Posted:
- 12 January 2011 09:38
Tile and wood flooring specialist Topps Tiles today reported strong sales figures despite the snow that caused chaos for many retailers in December.The retailer said like-for-like sales increased 2.2% in the final quarter of 2010, representing a slight slowdown on the 3.2% growth in the first seven weeks of the ...read more
Majestic Wine sees positive Christmas despite arctic weather
- Posted:
- 06 January 2011 09:38
Wine warehouse chain Majestic has released a trading update for the Christmas period from November 2nd to January 3rd, in which it said that total UK store sales excluding VAT were up 6.4% and UK sales growth excluding VAT was 3.7%.Steve Lewis, chief executive, said: "We are very pleased with ...read more
Topps encouraged by consumer demand
- Posted:
- 01 December 2010 09:42
Tile and wood flooring firm Topps Tiles today said recent sales gave it "cause for confidence" as it benefits from the UK's "improve not move" trend.The group, which trades from 312 outlets across the UK, said like-for-like sales in the first seven weeks of its new financial year were up ...read more
Dixons cuts losses but sales slow
- Posted:
- 25 November 2010 10:14
Currys and PC World parent Dixons Retail today predicted Christmas trading would be competitive and tough as it reported slowing UK sales growth.Dixons said like-for-like sales in the UK and Ireland rose by 2% in the first half of its financial year, down from the 6% improvement reported in the ...read more
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