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In the six months to 26th August, pre-tax profit soared from £71 million to £562 million as UK like for like sales increased by 2.2% after rising by 2.1% in the second quarter. Meanwhile, like for like sales in central Europe rose by 0.1% in the six month period although...
The Card Factory has reached a 900th store milestone. The landmark opening comes after a continued period of expansion for the retailer which has opened around 50 new stores every year for the past 10 years. The new shop will be opening in Epping Forest Shopping Park. Card Factory will be...
John Lewis' fashion sales were down 1.8% last week despite a good performance in the autumn/winter clothing category. Home sales fell by 5.1% although the retailer’s newly opened Christmas Villages performed well. Sales of Halloween products were up 24% on the same time last year. Home technology and electrical sales rose by...
Very owner Shop Direct has posted a strong increase in its sales and profit. In the year to 1st July, group sales increased by 5.6% on a like for like basis, or 3.7% on adjusted basis, to £1.93 billion after Very saw sales growth of 14.6%, or 12.6% on an adjusted...
ScS has increased its revenue by 4.9% to £333 million in the year to 29th July. Meanwhile, pre-tax profit rose by 9.9% to £12 million in the period. Chief executive of ScS, David Knight said: "We are delighted to be reporting continued sales growth across all areas of the group for...
Greggs has seen its sales climb by 8.6% In the 13 weeks to 30th September. The company said investment in its new forecasting and replenishment system helped to improve product availability for customers. Seasonal changes to its range also proved popular as the company also further developed its Balanced Choice healthier...
Nisa’s chief executive Nick Read will be stepping down. Mr Read joined Nisa in December 2014 during a time of uncertainty for the business when it made an unexpected loss. In July 2016 Nisa reversed the previous year’s loss with an EBITDA of £7.3 million which marked the largest annual EBITDA...
Lend Lease Retail Partnership (LLRP), a fund managed by Lendlease, has today announced Nespresso, the market leader in premium portioned coffee, will be opening a new boutique store at Touchwood - the West Midlands’ top retail destination. Due to open in November, the brand will be taking up a 2,000 sq...
The Body Shop’s new parent company has appointed Charles Tyrwhitt’s David Boynton as its new chief executive. Mr Boynton is in line with the new governance and management structure being implemented since Natura Group took over the beauty retailer earlier this month. Prior to Charles Tyrwhitt, Mr Boynton’s career was centred around...
The Sloane Stanley Estate has welcomed Five Boys Clothing, the online childrenswear retailer, who have launched a multi-brand pop-up at 227 The King’s Road, offering fashion and fun for the whole family. Open from Sunday 24th until Saturday 30th September, the store will showcase a collaboration of 10 different brands offering...
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