Friday, May 9th 2008
Gap reports April sales slowly recover
Gap Inc has shown signs of a slight recovery after a torrid period of trading. In an official trading update the group reported net sales in April up by 1% in the four weeks to May 3rd, with comparable store sales down 6%.
More >
Fantastic Mr Fox revitalizes HMV’s fortunes
HMV Group has said that the turnaround plan instigated by chief executive Simon Fox is ahead of schedule, with same-store sales growth at its UK and Ireland HMV stores of 11.4%.
More >
Signet sales continue to suffer
Signet Group has reported group like-for-like sales down 2.5% in the 13 weeks to May 3rd. Total sales were up 1%, 0.7% at constant exchange rates.
More >
Rate cut needed to help hard-pressed families says BRC
The Bank of England’s decision to leave interest rates unchanged heaps more pressure on businesses and individuals’ personal finances, says the British Retail Consortium (BRC) which had called for a rate cut.
More >
