Sunny bank holiday drives John Lewis sales

The John Lewis Partnership recorded sales of £214 million last week, a 1.4 per cent uptick. While its eponymous department store arm enjoyed a 3.4 per cent year-on-year sales uplift, Waitrose only had a marginal 0.3 per cent year-on-year increase in sales despite...

B&M unveils 25% surge in full-year profits

B&M has posted a 25 per cent growth in pre-tax profit for the year as chief executive Simon Arora commended the retailer’s “disruptive model” for standing out as a success story. In its preliminary results announcement today, B&M said sales were up 22 per cent...

April retail sales more than double expectations

Retail sales enjoyed an unexpected boost in April in some good news for the embattled high street. According to the latest Office for National Statistics (ONS) figures, retail sales rose 1.6 per cent in April compared to March, which saw a 1.2 per cent decline. The...

233% profit jump at Shoe Zone

Shoe Zone has posted a “good first half” in what has been a successful turnaround following a dismal set of results last year. For the six months to March 31, the footwear retailer saw revenues edge up 1.1 per cent to £73.7 million, but saw pre-tax profits jump 233...
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