Financial Results

Sainsbury’s Q1 sales growth stutters as groundwork laid for merger

Sainsbury’s has seen a slump in its total sales growth down to 0.8% from 1.3% in the last quarter of…

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Topps Tiles to continue ‘tight cost control’ after Q3 sales dip

Topps Tiles has posted a further decrease in sales for the 13 weeks ending 1 July 2018, and said it…

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Retail job losses make up almost half of 50,000 lost this year

Almost half of the 50,000 jobs lost in the UK this year have been in the retail sector, new figures…

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H&M profits plunge 22% prompting price cuts

H&M has reported a 22% drop in profits before taxation for the first half of the year, with its CEO…

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John Lewis profits could be ‘close to zero’

John Lewis has issued another profit warning and admitted that it expects profits before exceptional items to be “substantially lower”…

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Costa Coffee sales dip 2% in Q1

Coffee chain Costa has reported a fall in like-for-like sales at the start of the year, blaming a lack of…

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Carpetright woes as CVA activity results in £70.5m loss

Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…

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Chanel reveals profits for the first time

Fashion brand Chanel has released its profit figures for the first time in its 108-year history. Chanel saw an 18%…

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Dixons Carphone profits plummet 24% despite sales boost

Dixons Carphone’s profits have dropped by 24% in a year despite seeing a 3% increase in sales. In the 12-month…

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Hornby announces £10.1m loss

Hornby has announced a pre-tax loss of £10.1m and “lower than expected sales” leading to shares plummeting by 20% this…

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