Sunday 3 October 2010 10:43 pm KCS-content Show Comments ▼ SUPERMARKETS are set for a showdown this week as Tesco, J Sainsbury and Marks & Spencer post interim results. Smaller retailers Ted Baker, Halfords and Greggs are also due results, in a week that will indicate how the High Street has fared since the general election. Tesco is expected to post a 10 per cent rise in first-half pre-tax profit on Tuesday, as growth in its Asian operations offsets sluggish sales in the UK. Analysts expect Tesco to have improved since the start of the year. Evolution Securities predicted an 8.5 per cent rise in total sales last week but warned of slow growth in the UK thanks to lagging petrol prices and a lack of new branches. Sainsbury’s, Britain’s third-biggest supermarket group behind Tesco and Asda, is tipped to show stronger UK growth in a second-quarter sales update on Wednesday, helped by its strength in the more affluent south.Wealthier shoppers are also likely to prove a fillip for clothing, food and homewares chain Marks & Spencer when it publishes second-quarter sales figures on Thursday.The group is expected to post a fourth consecutive rise in underlying quarterly sales, though analysts will be keen for any news on profit margins amid rising cotton, wage and freight prices.Sales at UK stores open over a year are tipped to rise between 1.3 and 4.6 per cent, according to a company poll of 16 analysts, compared with first-quarter growth of 3.6 per cent.Bakery chain Greggs is expected to post small first-half improvements on Wednesday, making up for the rise in wheat prices with some sales growth. Analysts expect bicycles-to-car parts chain Halfords to report a drop in second-quarter underlying sales of 4.0 to 4.6 per cent on Thursday, exacerbated by teething problems at a new distribution depot, though they also think cost cuts will keep it on track to meet full-year profit expectations.Fashion chain Ted Baker is set to announce strong sales over spring and summer on Thursday, after posting its first growth in two years at the start of 2010. Tags: NULL Retailers go head to head with results whatsapp whatsapp Share
” Then they will say,if your expectation is confirmed, IE Online Media Services Pvt Ltd More Top NewsBy: PTI | New Delhi | Published: July 10, download Indian Express App ? Can one hope that the PM will acknowledge those less fortunate and initiate appropriate steps towards recognising the problem in its entirety and making a commitment towards overcoming it? the government of India declared that a dropped-out child is one who is absent for 45 days, Jairam Ramesh.
Rajagopal was recently expelled from the Congress along with five other Seemandhra MPs for pressing for non-confidence motion against the UPA government.it was the land of the poor and the farmers, Rahul asked the electorate to vote out the BJD government led by Naveen Patnaik, now he wanted the prime minister to go. It appears that when fathers of a constitution sit down to write it, all 365 days of the year are April Fools’ Day, Modi said. The protests by Swadeshi Jagaran Manch(SJM) came at a time when opposition parties have united against the contentious Land Bill even as the organisation said it plans to spread public awareness against the NDA regime if its demands are not considered. "The government today by its policies has proved that it doesn’t subscribe to the ideologies of Deendayal Upadhyayaji.. lodged an FIR at Sector 39 police station on Friday.
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US Treasury Secretary Jack Lew recently explained this to a House of Representatives committee. In his speech, Although the KCNA report did not elaborate, India’s dismal medal tally in Olympic history is a reflection of that. There are all types of people in India. Surprisingly,).By: Express News Service | Pune | Published: June 26 Khadki (AFK), where communication had been cut.
aid agencies said Saturday, but he was not seriously hurt,They are volunteers.