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Tag: growth

Morrisons beats analyst expectations with 17% profit rise

Supermarket giant Morrisons has seen its levels of growth accelerate over the past year, marking its third consecutive year of rising sales.

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Cramer Remix: Even on down days, HP Inc. and Hewlett Packard Enterprise continue to win

Jim Cramer highlights the growth behind HP Inc. and Hewlett Packard Enterprise.






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Halfords posts Christmas sales uptick

Halfords has reported an uptick in third quarter sales boosted by record sales over Black Friday and Christmas, in a trading update that coincided with Graham Stapleton starting as its new chief executive.






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Retailers boost tech spending 3% as markets, operations grow

North American and global retail markets are expanding by trillions of dollars, and tech investment is rising with the growth.






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Boohoo posts “record sales” as revenues jump 100%

Boohoo has outpaced the struggling fashion sector after posting record sales across all of its brands over a “highly successful” Christmas trading period. In the four months to December 31, the online fashion retail group saw revenues grow 100 per cent across all its markets, wracking up £127 million in net cash. Gross margins for the period also shot up 52.5 per cent.






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Online sales up 119% at Quiz over Christmas

Quiz’s Christmas trading update has seen the womenswear retailer push aside industry woes as it recorded “strong” growth. In the seven weeks to January 6, Quiz saw group revenues jump 31.9 per cent, boosted by a massive 119 per cent rise in online revenue. This significant growth has been attributed to investments made to its distribution centre throughout last year






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Study: 5B pounds of retail returns end up in landfills

Returns have increased with the growth of e-commerce, and voice-enabled shopping will likely propel only more, according to a study by Optoro.






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Amazon is lowering prices — and not just on its own products

While the growth of high-quality, low-priced brands on Amazon seems unquestionably good for consumers, the trend does produce economic losers, NYT report.






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Black Friday fails to boost dwindling non-food retail sales for November

Black Friday offers failed to spur a much-needed uplift on the high street last month as non-food sales dropped, new figures show. The latest Retail Sales Monitor for November, compiled by the British Retail Consortium (BRC) and KPMG, showed in-store sales of non-food items dropped 3.7 per cent on a like-for-like basis in the three months to November and three per cent in total.






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Eve Sleep revenues rise 130%

Mattress retailer Eve Sleep has continued its meteoric rise through its fourth quarter seeing UK sales growth above expectations. UK revenues for the first 11 months of the year were up 105 per cent, while international revenues are expected to be up over 180 per cent. This drove group revenues up 130 per cent year-on-year over the same period.






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