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Tag: Christmas

Boost for Sainsbury's after Christmas sales rise

Boost for Sainsbury's after Christmas sales rise

Business
Sainsbury's has upgraded its profit outlook after reporting a 1.1% rise in like-for-like sales over the Christmas period.The supermarket group, which also owns Argos, was lifted by growth in grocery and clothing sales though general merchandise revenues were down for the 15 weeks to 6 January, in what was described as a "challenging" market.It appeared to mirror a trend across the sector for squeezed households to focus on essentials such as food while cutting back on presents and other non-food items.Sainsbury's said it remained cautious about the consumer environment but that, thanks to better than expected savings following its 2016 takeover of Argos, full year profits should be "moderately" ahead of market expectations.Shares were up more than 2% in early trading.Chief executive Mike C...
Morrisons posts better-than-expected Christmas sales

Morrisons posts better-than-expected Christmas sales

Business
The UK's fourth largest supermarket, Morrisons, continued to ring up growing sales over the key Christmas period.The chain sold 2.8% more in the 10 weeks to 7 January than it did for the same period a year earlier, not including new store openings.Christmas trading was particularly strong with sales for the last six weeks up 3.7% compared to a year ago.Morrisons said the increase was due to more tills being open, shorter queues, and improved stock availability.The chain said it had "become more competitive, and despite the rising cost of many commodities the price of a basket of key Christmas items was the same as the previous year"."More and more customers found more things they wanted to buy at competitive prices at Morrisons this Christmas," said chief executive David Potts.Morrisons' s...
Debenhams shares dive after weak Christmas trade

Debenhams shares dive after weak Christmas trade

Business
Department store chain Debenhams' shares have sunk 20% it warned that annual profits would be lower than expected following disappointing trading over the key Christmas period. The retailer said underlying pre-tax profits were now likely to be between £55m and £65m this year. Analysts had been expecting profits to be about £83m.Like-for-like sales in the UK fell 2.6% in the 17 weeks to 30 December amid a "volatile and competitive" market.Debenhams said trading had improved over the six-week Christmas period thanks to discounting, with like-for-like sales up 1.2% during that time, but the first week of the post-Christmas sale was worse than expected."The market has been challenging and particularly promotional in some of our key seasonal categories and we have responded in order to remain c
Football at Christmas: 27 brilliant pictures of the beautiful game in winter

Football at Christmas: 27 brilliant pictures of the beautiful game in winter

Sports
Monday, December 25, 2017Christmas is a time for family, friends and, most importantly, football.The festive period is a spell cherished by supporters around the world as the beautiful game is viewed in a dim half-light with snow carrying clouds overhead.We don't always get a white Christmas but there is no doubt a flurry of flakes can bring an extra bit of joy, even if it means kicking the undersoil heating into gear.So, for a trip down memory lane as you tuck away another mince pie in front of the fire, click the right arrow above to see our special winter football gallery...Let's block ads! (Why?)
Pope Francis addresses migrant crisis during Christmas Eve mass

Pope Francis addresses migrant crisis during Christmas Eve mass

World
Dec. 25 (UPI) --Pope Francis held Christmas Eve mass on Saturday in Vatican City and made the plight of migrants around the world a focus in his sermon.The pontiff compared migrants' struggles to find safety and security in other lands to the story of Mary and Joseph, who had to hide in a manger to give birth to the baby Jesus because "there was no place for them in the inn," The New York Times reported.Francis said that when Mary and Joseph traveled to Bethlehem, the inn "had no room or place for the stranger from afar." But Jesus, the pope said, "comes to give all of us our document of citizenship."After drawing parallels between today's current events and Biblical stories, Francis addressed the migrant crisis directly."We see the tracks of millions of persons who do not choose to go awa...