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Strong December retail sales fail to offset weak Q4

Strong December retail sales fail to offset weak Q4

Next acquires Russell and Bromley

Next acquires Russell and Bromley

Primark sales fall 2.7% despite steady parent group revenues

Primark sales fall 2.7% despite steady parent group revenues

Retail sales rise by 1.4% in April

Retail sales rise by 1.4% in April

On the final episode of season three we sit down with Claire Watkin, CEO of The Fine Bedding Company, a fourth-generation business founded in 1912. She shares how the brand has performed in recent years and what its proposition really stands for today. We explore balancing heritage with innovation, building sustainability into products and operations, and the journey to a zero-waste eco-factory in Estonia. Claire also unpacks earning consumer trust, making the investment case, and her advice to the next generation of leaders.

Retail sales volumes rose by 1.4% in April 2022 following a fall of 1.2% in March 2022, with sales volumes 4.1% above their pre-coronavirus February 2020 levels.

In the three months to April 2022, sales volumes fell by 0.3% when compared with the previous three months; this continues the downward trend since summer 2021.

Food store sales volumes rose by 2.8% in April 2022, which ONS said was “mostly because of higher spending on alcohol and tobacco in supermarkets”; supermarket food sales were broadly unchanged.

Non-store retailing sales volumes rose by 3.7% in April 2022 led by stronger clothing sales.

Automotive fuel sales volumes rose by 1.4% in April 2022 following a fall of 4.2% in March when record increases in petrol prices impacted sales.

Non-food stores sales volumes fell by 0.6% in April 2022 because of falls in other non-food stores (-3.3%) and household goods stores (-0.5%), such as furniture stores.

The proportion of retail sales online rose to 27.0% in April 2022 from 25.9% in March and remains substantially higher than the 19.9% in February 2020 before the coronavirus pandemic.

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