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Tag: Woolworths, 3.1%, retail trade
From: http://www.buy-china-toys.com/
Woolworths has issued a trading update mid-year, showing group sales down 3.1 percent.
Group sales for the 25 weeks to 26 July 2008 decreased 3.1%. Sales in Woolworths Retail for the 25 weeks were down 3.2%. Since the last update of the market by Woolworths to less like-for-like sales for the six weeks to 26 July have fallen by 6.7%.
Due to the continued strength of the entertainment market, a higher proportion Wine sales of lower margin of CDs and DVDs, with a lower proportion of products with higher margin warm weather outdoor clothing. This, together with the settlement activity Additionally, means that the margin rate in the first half is expected to be approximately 125 basis points below last year.
The Board continues its search of a new president. Meanwhile, it has undertaken a review of the group companies.
The company believes it can build a "sustainable value proposition retail sales based primarily on its small and medium-sized stores. "
The review has also highlighted opportunities for improving inventory management in the areas of ordering, weeks rather cover role and availability.
Richard North, chairman of Woolworths, said: "The Board of Woolworths is continuing seeking a new Chief Executive to take the group to the next stage of development. At the same time, we have begun the detailed work to be carried out to reconstruct the retail business around the core more profitable small and medium shops.
"Our EUK and 2e companies still trade well. Business to by minor, however, has seen a marked worsening of conditions in June and July in an increasingly competitive market. This is reflected in the sales figures of the last six weeks. In addition, sales in the first half as a whole have been achieved with a disappointing margin performance.
"Looking ahead we still cautious about Public prospects given the context of a consumer economy weakens. But we have strong operational management in place in all parts of the business that are working hard to ensure that the needs of all our customers – both wholesale and retail – are still satisfied. "
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Tag:Woolworths,3.1%,retail business
From:http://www.buy-china-toys.com/
Article Source: ArticlesBase.com – Woolies: Down 3.1% at Half Time
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Haba Outdoors Frog Bath Towel – CLEARANCE Super soft, reversible terry cloth towel with woven motif, applique and embroidered face…. |
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Large Rustic Garden Tree This lovely artificial tree is 6′ high and makes a stunning decoration for many themes. Pair this plastic and fabric tree with the smaller Rustic Garden tree to create a romantic grove for your event decorations…. |
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Battle Strikers Tournament $17.93 Wage turbo-top battle like never before with the official Battle Striker Tournament Set. Recommended for ages six and older, this versatile set comes with two exclusive Battle Strikers — Turbine and Mauler. These are no ordinary tops: by using the power of magnets, you can actually direct where your tops go as they’re spinning in the Battle Striker arena. Battle Strikers Tournament Set Ag… |
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Prime Time Toys Splash Bombs Party Value Pack $15.99 This Splash Bombs party pack includes 7 pieces of splashing fun in a gift box! Includes bat, paddle, 2 Splash Bombs, cube, football, and fling…. |
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Sulki $249.99 HABA 1639 – Take a ride through the neighborhood and then head “off-road” through the park. Extremely sturdy construction made of plywood mouldings and ash rods. Comes with solid rubber tries and straight, continuous steel axle of 10 mm diameter. Loading capacity: 175lbs. Total length: 61.5″. Widht: 21.25″. Width of seat: 14″. Depth of seat: 16″. Recommended for 3-99 years . Made in Germany…. |
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Outdoor Parachute by Small World Toys $28.89 The ideal fun tool to teach group cooperative movement through many different activities is a Loop-To-Loop Parachute. Catch some air with this durable, vibrant parachute, as a 10’ diameter complete with 12 handles for lots of cooperative fun for a whole group of kids! This polyester parachute encourages teamwork and helps children follow spoken instructions as they play games like “Follow the Leader” and “Wave Roll”. The Loop-To-Loop Parachute reinforces large motor skills, improves coordination and builds confidence and can be played with indoor or outdoors.Ages 3 and up.By Small World Toys |
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Tumbling Mat by Alex Toys $119.89 Get ready to tumble and roll on the sturdy and safe Tumbling Mat by Alex Toys. This is a giant, colorful tumbling mat for safe indoor or outdoor exercise and play! Open, it measures 46” wide x 72” D. When it’s not in use, it folds to 46” W x 24” D and has handles for easy carrying. With the Tumbling Mat by Alex Toys you can let your child get the kind of playful exercise they need while at the same time encouraging their safety! Thickness of mat is 1.5″ and includes handles for easy carrying.Ages 18 months and up.By Alex Toys**Oversize Shipping Charges Apply** |
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Mini Golf Set by Alex Toys $25.89 This circus-themed Mini Golf Set by Alex Toys is par-fect for developing hand-eye coordination and lots of fun. Don’t wait for tee time with this colorful indoor/ outdoor golf set for two players. Mini Golf Set by Alex Toys includes 4 balls, 2 foam golf clubs, and 6 fun “holes” made of soft, safe EVA – all packed in its bag with shoulder strap. Dr. Toy’s Best Vacation Products, Oppenheim Toy Portfolio Gold Seal Award and Parents Magazine Best Toys of the YearAges 3 and up.By Alex Toys |
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Oball Stranz by Rhino Toys $6.89 The O-Ball Stranz by Rhino Toys is a cool and exceptional ball for children and adults. It’s an all around ball that is soft, durable and super catchable! Feel how amusing all these strings are as this sphere of fun helps relive stress and improve motor skills! The original Oball design, is slightly different from the Stranz Oballs, they have much smaller openings but they’re still easy to grasp thanks to the neat texture and softness of the ball itself. This ball is fun for any indoor or outdoor tossing activity. You can squeeze it, smash it, squish it, punch it, spin it, and even fold it! It always returns to its original shape for more enjoyment. The strings are all piled up on top of each other to form this cool looking Oball that comes in one of 3 vibrant layered color combos! Parents will love that it’s latex & pvc-free. Measures 4″ X 4″ X 4″. Each ball is sold separately.Ages 6 months and up.By Rhino Toys |
