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14/01/2002
HMV report dramatic sales increase
HMV, the UK books, music and multimedia retailer, has recorded soaring sales during the trading periods of Christmas and New Year.
HMV Media reported that like-for-like sales - the comparion of sales in shops that were open a year ago - had risen by almost 12 per cent during December and early January. Waterstones, the group's book subsidiary, also recorded a 9.1 per cent rise in sales during Christmas, while HMV Europe, the music and multimedia arm, recorded an even stronger sales rise at 16 per cent.
Chief Executive Alan Giles said: "Shopping in general has been buoyant, but we have captured market share in all the markets we are in so we must take some of the credit."
Robbie Williams and Gabrielle were at the forefront of the surge in CD sales, while Playstation 2 and Game Boy kept the computer games sales figures rising even higher and Ian McEwan, Stephen Hawking and celebrity chef, Jamie Oliver, pushed up the book sales.
Mr Giles also said that the huge rise in sales of DVD players had been a "phenomenal growth machine". He added: "Roughly 12 per cent of UK homes have a DVD player, so there is a lot more growth to come".
Overall, this has been an excellent year for HMV, with group sales rising 10.8 per cent so far this fiscal year. (KMcA)
HMV Media reported that like-for-like sales - the comparion of sales in shops that were open a year ago - had risen by almost 12 per cent during December and early January. Waterstones, the group's book subsidiary, also recorded a 9.1 per cent rise in sales during Christmas, while HMV Europe, the music and multimedia arm, recorded an even stronger sales rise at 16 per cent.
Chief Executive Alan Giles said: "Shopping in general has been buoyant, but we have captured market share in all the markets we are in so we must take some of the credit."
Robbie Williams and Gabrielle were at the forefront of the surge in CD sales, while Playstation 2 and Game Boy kept the computer games sales figures rising even higher and Ian McEwan, Stephen Hawking and celebrity chef, Jamie Oliver, pushed up the book sales.
Mr Giles also said that the huge rise in sales of DVD players had been a "phenomenal growth machine". He added: "Roughly 12 per cent of UK homes have a DVD player, so there is a lot more growth to come".
Overall, this has been an excellent year for HMV, with group sales rising 10.8 per cent so far this fiscal year. (KMcA)
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02 April 2002
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
22 March 2002
Figures show retails sales on the rise
UK retails sales have exceeded analysts' forecasts, according to the latest official figures which show sales volumes growing at their fastest rate since January 2000. The data from the Office for National Statistics details that retails sales grew by 1.
Figures show retails sales on the rise
UK retails sales have exceeded analysts' forecasts, according to the latest official figures which show sales volumes growing at their fastest rate since January 2000. The data from the Office for National Statistics details that retails sales grew by 1.
15 January 2002
Tesco fail to match Sainsbury over Christmas period
Figures from Tesco have revealed that its Christmas sales growth failed to match that of archrival J. Sainsbury. Excluding takings from petrol stations, Tesco reported a 6.2 per cent rise in UK Christmas sales for the seven weeks ending on January 5 - compared to that of Sainsbury’s who had a rise of 6.8 per cent.
Tesco fail to match Sainsbury over Christmas period
Figures from Tesco have revealed that its Christmas sales growth failed to match that of archrival J. Sainsbury. Excluding takings from petrol stations, Tesco reported a 6.2 per cent rise in UK Christmas sales for the seven weeks ending on January 5 - compared to that of Sainsbury’s who had a rise of 6.8 per cent.
03 August 2001
Unilever announce first-half profit increase
Consumer goods giant Unilever have announced a 7 per cent rise in half-year pre-tax profits. For the second quarter, Unilever, the name behind some of the best-known products on supermarket shelves - such as Persil detergent, Flora margarine and Dove soap - reported a higher than expected 54 per cent hike in profits.
Unilever announce first-half profit increase
Consumer goods giant Unilever have announced a 7 per cent rise in half-year pre-tax profits. For the second quarter, Unilever, the name behind some of the best-known products on supermarket shelves - such as Persil detergent, Flora margarine and Dove soap - reported a higher than expected 54 per cent hike in profits.
20 December 2001
Business success relies on effective investment
According to the Department of Trade and Industry there is a positive relationship between effective capital investment (Capex) and company performance.
Business success relies on effective investment
According to the Department of Trade and Industry there is a positive relationship between effective capital investment (Capex) and company performance.
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