Retail Sector

Apple Black Friday 2011 Deals Go Live

Apple Black Friday 2011 Deals Go Live

Today, Apple is selling its products on huge discount. All of its products ranging from iPad, iPod to MacBook can be brought at cheaper prices.

Retailer WH Smith Unveil Largest eBook Catalogue

Retailer WH Smith Unveil Largest eBook Catalogue

Popular retailer chain WH Smith has announced to proceed with its plan to introduce biggest ebook catalogue across the United Kingdom through availability of no less than 2 million titles, as well as two Kobo ebook readers.

JB Hi-Fi Plans to Benefit from Festival Season

JB Hi-Fi Plans to Benefit from Festival Season

Today, renowned consumer electronics chain, JB Hi-Fi, has expressed confidence for good sales during this festival season, particularly on Christmas. The company has made a positive forecast inspite of a significant down fall in revenue,, during the previous three months till September.

Future Being Optimistic During Market Challenges

Future has posted a 45% fall in pre-tax profits in the six months to the end of March. Future publishes magazines for computer games, cycling and photography fans. The officials of the Future said that the market is through challenges at them, with revenues falling by 4% year to £68m. Future profit is partially from online sales and majorly from circulation.

Strong Rebound in Retail Sales Last Month

The Office for National Statistics in the United Kingdom has released information showing that April experienced a strong rebound in retail sales compared to previous months and sales last April.

According to the ONS Sales Index, retail sales volume in April were up 2.8% overall compared with last April, with sales values up by 6.2%.

Harsh Conditions to Last Longer For the UK Retailers: Ernst & Young's Item Club

Harsh Conditions to Last Longer For the UK Retailers: Ernst & Young's Item Club

Ernst & Young Item Club has predicted that tough conditions for the retailers of the UK will last for a decade. The forecast was made, keeping in view the low household budgets and people’s focus on paying down debt. The spending of consumers of the UK is expected to rise by only 0.6% this year and by 1.3% in 2012.

UK Retailer Boots Experiences Slow Rise in Sales

Alliance Boots

The latest high-class retailer to suffer from the rough trading conditions in the United Kingdom has been Boots, as the outlets for the store have only experienced a sales growth of 0.4% for the year. However, despite their low increase in sales numbers, Alliance Boots, their international parent company, saw a 15.1% increase in annual revenues, and a 28% rise in profit before taxes.

Retail Sales are at Boom

Retail Sales are at Boom

A recent survey has revealed that the retail sales in Britain are at boom with the fastest pace since last five years. According to the British Retail Consortium for the month of April, like-for-like sales increased by 5.2%.

Despite Flat Market, Travis Perkins Sales Rising

Travis Perkins

Trading from 1,827 branches across the UK, Travis Perkins has cited a 5.9% increase in its turnover in the first four months to April 30. The builders' merchant and do-it-yourself retailer Travis Perkins sales have marked a rise as it won market share from rivals despite flat market.

With the Success of Smartphones, Carphones Profit Margins Also Hiked

With the Success of Smartphones, Carphones Profit Margins Also Hiked

With an increasing demand for smartphones and its unbelievable growth in U. S. market, Carphone Warehouse, which is known as Europe's biggest independent mobile phone retailer, has finally raised its profit margins for the third time in last six months.

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