Archive for January, 2012
WHSmith total sales decline by 5%
In the 21 weeks to 21st January, total sales at WHSmith were down 3% with a decline in LFL sales of 5%. The high street division saw total sales decline by 5% in total and by 6% on a LFL basis. Neil Saunders, Managing Director of Conlumino, comments: “Like-for-like sales have fallen over every Christmas [...]
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January 2012
Dixons reported 5% decline in like-for-like sales
Dixons, Europe’s second largest electrical retailer has reported a 5.0% decline in like-for-like sales for the 12 weeks to 7 January 2011. Matt Piner, Lead Consultant at Conlumino, comments: “Dixon’s results give further evidence that selling elctrical products in the UK is a tough business. Money has been tight and it’s been easier for consumers [...]
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January 2012
Burberry reports 21% rise in group sales
Burberry has reported a 21% rise in group sales for the three months to 31 decever 2011. Retail sales were up 23% and 13% on a like-for-like basis. Simon Chinn, Lead Consultant at Conlumino, comments: “These are a solid set of results from Burberry. Despite European consumers being under pressure from the ongoing travails of [...]
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January 2012
Next – Christmas Results
Next’s Christmas results for the period of 1 August on 24 December 2011, show overall growth of 3.1% on the year previous. Store sales shrunk by 2.7% while Directory sales increased by 16.9%. Neil Saunders, Managing Director of Conlumino comments: “Overall this is a good performance from Next, albeit against pretty weak comparatives from last [...]
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January 2012
John Lewis’ total sales up
John Lewis’ total sales were up 9.3% in the 5 weeks to December 31, with LFL sales up 6.2%. Neil Saunders, Managing Director of Conlumino, comments: “By any measure John Lewis has had a cracking Christmas and is probably the standout winner in terms of trading. With three new stories open for business this festive [...]
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