GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJLH.L Share News (JLH)

  • There is currently no data for JLH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FACTBOX-How Britain's retailers fared over Christmas

Tue, 08th Jan 2019 09:01

(Adds Morrisons, Footasylum, Joules Group)

Jan 8 (Reuters) - British retailers are giving updates onChristmas trading, by far their busiest and most importantperiod of the year, stretching from "Black Friday" on Nov. 23 toearly January clearance sales.

Investors had been braced for bad news after a major profitwarning from the one-time online darling ASOS Plc lastmonth capped a torrid year for the sector marred by shopclosures and bankruptcies.

On the high street the run up to Christmas was marked bydiscounting while the number of shoppers hitting the shops afterDec. 25 fell on previous years.

Following are the highlights:

Reported on Jan. 8.

WM Morrison Supermarket Plc

Morrison, Britain's fourth largest supermarket group, missedChristmas sales forecasts as weak consumer demand hit its retailand wholesale businesses.

Reported on Jan. 8.

Footasylum Plc

British fashion retailer Footasylum Plc warned that itsfull-year core earnings would come in at the lower end ofanalysts' estimates, hit by lower margins and likely chargesfrom a future cost savings initiative.

Reported on Jan. 8.

Joules Group Plc

British lifestyle brand, Joules Group Plc reported a 11.7percent rise in retail sales for the seven-week period to Jan.6, boosted by higher online sales.

Reported on Jan. 7.

Aldi UK

Aldi UK, the British arm of the German discount supermarket,said its sales increased around 10 percent to almost 1 billionpounds ($1.28 billion) in December, driven by increased demandfor its premium ranges.

Reported on Jan. 7.

Dunelm Group

Homeware retailer Dunelm Group Plc said it expects higherpretax profit for the first half of the year and forecastfull-year pretax profit above the top range of analysts'estimates if the industry continues to grow at its current pace.

Reported on Jan. 3.

Next

A late surge in online demand helped British clothingretailer Next to increase sales in the Christmas period,confounding fears of tough festive trading and lifting sharesacross the battered sector.

Reported on Jan. 2.

John Lewis

John Lewis said sales in its department storesrose 4.5 percent in the week ending December 29, boosted bystrong demand on Christmas Eve and "a confident start topost-Christmas clearance both online and in shops".

Reported on Dec. 29.

HMV

Music retailer HMV called in the administrators for thesecond time in five years after it said demand for CDs and DVDswas disappearing. One of the best known names on the highstreet, it plans to keep the business running while it tries tofind a buyer.($1 = 0.7841 pounds)(Reporting by Kate Holton, Noor Zainab Hussain and SamanthaMachadoEditing by Keith Weir, Bernard Orr and Shounak Dasgupta)

More News
30 Apr 2019 08:51

TOP NEWS: UK Grocery Sector Benefits From Strong Easter Spending

LONDON (Alliance News) - The UK grocery sector growth picked up pace in the 12 weeks to April 21, helped by a GBP2.5 billion Easter spend, and J Sainsbury PLC reclaimed its second position from as

Read more
15 Apr 2019 12:25

Warehouse REIT Buys Two Multi-Unit Properties For GBP37 Million

LONDON (Alliance News) - Warehouse REIT PLC said Monday it had agreed to buy two property assets in Northampton and Aberdeen for a combined GBP37 million following a successful two properties have

Read more
2 Apr 2019 08:43

TOP NEWS: Asda Overtakes Bidder Sainsbury's In UK Market Share

LONDON (Alliance News) - German discounter Aldi was the fastest growing supermarket in the UK in the 12-weeks to the end of March, according to the latest Kantar grocery market survey released on

Read more
18 Mar 2019 11:27

John Lewis Of Hungerford Sinks To Interim Loss Amid Revenue Decline

LONDON (Alliance News) - John Lewis of Hungerford PLC said Monday it sank to a half-year loss as sales fell sharply amid tough conditions, but the order book momentum continued to improve into the

Read more
7 Mar 2019 10:32

UPDATE 1-John Lewis owner 2018 profit falls 45 pct, sees challenging 2019

LONDON, March 7 (Reuters) - Britain's John Lewis Partnership said it expected 2019 to remain challenging after it reported a 45 percent drop in full-year profit, dragged down by the "near

Read more
7 Mar 2019 10:18

TOP NEWS: John Lewis Profit Rises On Strong Waitrose Performance

LONDON (Alliance News) - John Lewis Partnership PLC on Thursday reported a rise in its annual profit driven by a good performance from its supermarket chain Waitrose, while department store chain

Read more
5 Mar 2019 10:00

UPDATE 1-UK shoppers slow their spending ahead of Brexit, some stockpile

LONDON, March 5 (Reuters) - British consumers reined in their spending in February ahead of Brexit as shoppers focused on buying food, including for stock-piling, rather than non-essential items,

Read more
22 Jan 2019 09:51

FACTBOX-How Britain's retailers fared over Christmas

(Adds Pets at Home Group, Dixons Carphone) Jan 22 (Reuters) - British retailers are giving updates on Christmas trading, by far their busiest and most important period of the year, from on

Read more
18 Jan 2019 13:47

FACTBOX-How Britain's retailers fared over Christmas

(Adds graphic and Associated British Foods, Boohoo, JD Sports) Jan 18 (Reuters) - British retailers are giving updates on Christmas trading, by far their busiest and most important period

Read more
18 Jan 2019 10:38

UPDATE 1-UK shoppers rein in spending as Brexit nears

* Retail sales volumes drop 0.2 pct in Q4, 1st fall since Q1 * Data backs other signs of spending slowdown * Purse-strings tightened after Black Friday splurge (Updates

Read more
11 Jan 2019 09:12

FACTBOX-How Britain's retailers fared over Christmas

(Adds AO World, Moss Bros) Jan 10 (Reuters) - British retailers are giving updates on Christmas trading, by far their busiest and most important period of the year, stretching from on Nov.

Read more
10 Jan 2019 12:22

EXTRA: Tesco Sales Confirm Christmas Trading Favoured Food Retailers

LONDON (Alliance News) - UK supermarkets have surprised the market with a stronger-than-expected Christmas trading, beating analysts' most dire predictions, but not every food seller had to of

Read more
10 Jan 2019 07:58

UPDATE 1-UK Stocks-Factors to watch on Jan 10

Jan 10 (Reuters) - Britain's FTSE 100 index is seen opening 12 points lower at 6,895 on Thursday, according to financial bookmakers, with futures down 0.47 percent ahead of the cash market in

Read more
10 Jan 2019 07:49

TOP NEWS: Marks & Spencer Christmas Revenue Drops On All Fronts

LONDON (Alliance News) - Marks & Spencer Group PLC on Thursday reported a fall in revenue across all its divisions during the festive period but described its performance as "steady"

Read more
10 Jan 2019 07:18

John Lewis Partnership sales rise but profits still set to slump

LONDON, Jan 10 (Reuters) - John Lewis Partnership, Britain's biggest department store operator, said its sales rose 1.4 percent to 2.2 billion pounds ($2.8 billion) in the seven weeks to Jan.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.