How are those New Year’s resolutions going? 5 ways to stay on track January 14, 2015 Ok. So this is 2015. Week three. Work is awfully real. The Christmas holidays are a distant memory, the aftermath of the Christmas office party survived… but what about those fervent, hangover-fuelled New Year resolutions? Like most people, you probably chose something from the standard three tabled buffet of New Year’s Resolution categories: 1. Losing [...]
Cineworld expects Bond and Star Wars to deliver blockbuster box office in 2015 January 14, 2015 Cineworld is expecting a blockbuster year in 2015 thanks to a slate of forthcoming films that includes new installments to the iconic James Bond, Star Wars and Jurassic Park franchises. The cinema chain foresees a strong a year ahead to follow what was a successful year in 2014. In a trading update Cineworld [...]
Game Digital share price plummets 50 per cent following major profit warning January 14, 2015 Shares in Game Digital have tanked in early morning trading, after the company issued a major profit warning after market close on Tuesday. The video game retailer's share price opened 50 per cent down on Tuesday, before recovering slightly to a price of around 220p per share – a 35 per cent drop on [...]
SuperGroup share price soars on strong Christmas figures January 14, 2015 SuperGroup's share price soared 7.5 per cent this morning, after the company revealed strong results for the 11-week Christmas trading period. The business, which owns the SuperDry brand, had a pretty impressive period up to January 10, with total retail sales up 17.8 per cent, while like-for-likes rose 12.4 per cent. Ecommerce was [...]
Ocado Christmas sales soar and looks ahead to first ever full-year profit January 14, 2015 Online grocer Ocado reported its customer fulfilment centres processed close to 40 per cent more items in the week to Christmas for Ocado.com and Morrisons.com than over the same period the previous year. On the company's biggest day in the run-up to Christmas sales climbed 15 per cent from 2013 to almost £6m. Gross sales [...]
Game blames stiff competition for drop in sales over Christmas January 13, 2015 BRITISH video games retailer Game Digital yesterday cited tough competition as the reason for its decline in sales over the Christmas period. The company said sales dropped 6.7 per cent in the 11 weeks ending 10 January. It announced the results after the market closed yesterday. It stated that “promotional activity” across the market had inflated [...]
Morrisons ousts boss after poor holiday season January 13, 2015 BRITAIN’S embattled grocery sector claimed its first casualty of the year after Morrisons sacked its chief executive Dalton Philips following poor Christmas sales. Shares climbed 4.5 per cent as the City welcomed the prospect of a new boss to revive the supermarket’s fortunes. Morrisons’ incoming chairman Andy Higginson said Philips has “had a good run” [...]
Discounters Aldi and Lidl win Christmas as over half of UK visit their shops January 13, 2015 German discounters were the clear winners in the battle for Christmas sales, after more than half of all UK households shopped at their stores. While families typically treat themselves at Christmas and head to the big four, discounters have grabbed market share with clever ad campaigns and cheap offers on premium items such as champagne. [...]
Christmas came too late to help Debenhams January 13, 2015 DEBENHAMS posted an unexpected fall in first-quarter sales yesterday as a strong Christmas failed to undo the damage of mild autumn weather. Britain’s number two department store chain said that UK like-for-like sales for the 19 weeks to 10 January fell 0.8 per cent, below analyst expectations for a one per cent rise, as demand [...]
German food discounters Aldi and Lidl enjoy premium branding buzz – Brand Index January 13, 2015 In another blow to traditional British grocers in the ongoing supermarket price war, budget food retailers Aldi and Lidl are the highest performing brands in YouGov’s BrandIndex Buzz score rankings for 2014. But there is still good news for some more of Britain’s most loved retailers, such as John Lewis and Marks & Spencer. The [...]