Black Friday

Today’s news in brief-9/1/25

The BRC-Nielsen IQ Shop Price Index showed shop price deflation at 1% in early December, up from 0.6% the previous month, reflecting strong discounting tied to a later Black Friday. Non-food prices fell sharply by 2.4%, though food inflation remained steady at 1.8%, its lowest since December 2021. BRC CEO…

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Hornby sales rise by 7% in Q3

International models and collectibles group, Hornby, has seen its sales rise 7% for the third quarter to 31 December 2024.  It comes despite the British Retail Consortium reporting that UK non-food sales decreased by 1.5% compared with the same period the year before.  For the financial year to date, group…

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BRC warns of 2025 headwinds despite lower Xmas inflation

Consumers benefited from lower inflation for the week to 7 December 2024, according to the latest BRC-Nielsen IQ Shop Price Index, yet the British Retail Consortium anticipates fresh headwinds for the new year.  The later timing of Black Friday in 2024 meant that the first week of December included the…

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Today’s news in brief-8/1/25

Home Bargains owner Tom Morris took home over £1bn in dividends as the discount retailer saw turnover rise 11.7% to £4.2bn in the year ending June 2024, driven by new store openings and re-sites. Operating profit also surged 34.2% to £434m. Morris, owning 98% of parent company TJ Morris, received…

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Seasalt Cornwall sales jump by 10% over Xmas season

Seasalt Cornwall has reported that total sales rose by 10% across its website, physical stores, marketplace partners and wholesale channels during the five-week period to 28 December 2024 compared with the same period last year.  According to the clothing retailer, every one of its trading channels has set new records…

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Mamas and Papas to open more stores after ‘record’ festive sales

High street nursery brand, Mamas and Papas, has seen its sales across stores, online and wholesale channels rise by a “record” 5% over the 13-week period to 29 December, driven by a strong performance from the retailer’s UK and overseas markets.  Retail sales were up by 8% in the overall…

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ProCook revenues surge amid successful Black Friday and Xmas

UK-based kitchenware brand ProCook has reported a 11.2% increase in revenues to £25.6m and like-for-like revenue increase by 3.4% for the 12 weeks ended 5 January 2025. The group stated that actions taken to elevate its Black Friday and Christmas campaigns resulted in a “strong trading performance”. Total retail revenue…

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BRC warns of 2025 falling sales volume despite December sales growth

The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total retail sales experienced in December 2024. UK total retail sales in December 2024 increased by 3.2% year on year, against a growth of 1.9% in December 2023, according to new…

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Today’s news in brief-6/1/25

Fast-fashion retailer Shein is set to face scrutiny from a Parliamentary Committee over labour practices in its supply chain. The inquiry, part of the government’s employment rights initiative, also involves Chinese firm Temu. The committee, chaired by ex-Labour minister Liam Byrne, aims to tackle forced labour concerns and inadequate protection…

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The O2 welcomes over 10 million visitors in ‘best-ever’ trading year

Live entertainment, leisure, and retail destination the O2 has recorded its best-ever year for sales and footfall, welcoming over 10 million visitors – an uplift of 12% compared to 2023. Sales across retail, leisure and F&B saw an overall increase of 6%, marking The O2’s  best-ever year for trade. Outlet…

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