Brussels
This coverage examines the commercial relevance of Brussels within the UK and European retail context. Reporting focuses on trade policy developments, EU regulatory changes, cross-border retail challenges, and negotiations affecting UK retailersโ operations in and through Brussels. Insights include how policy shifts, trade agreements, and regulatory decisions emerging from the city influence supply chains, market access, retail compliance, and strategic planning โ supporting executives managing international retail trade and operations.
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Jan- 2025 -6 JanuarySupermarkets
Aldi sales hit ยฃ1.6bn in โbest Christmas ever’
Aldi recorded its best Christmas ever in 2024 with sales topping ยฃ1.6bn in the four weeks to Christmas Eve.Over the period, total sales rose by 3.4%, while seasonal Christmas products rose by 10% year-on-year and its Specially Selected range rose by 12% compared with the same period in 2023.ย Aldi…
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2 JanuarySupermarkets
Lidl turnover tops ยฃ1bn in โmost successful Christmas yetโ
Lidl has welcomed its โmost successful Christmas yetโ as turnover exceeded ยฃ1bn for the first time and sales rose by 7% in the four weeks to 24 December.The group welcomed more than two million more customers through its doors over the period, with 23 December marking its busiest day.ย It…
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Dec- 2023 -15 DecemberEconomy
A quarter of UK adults to scale back Xmas meal, survey finds
A quarter of UK adults will be scaling back their Christmas meal this year due to the current financial pressures, with 12% โ up to 19% of those aged between 25 and 34 โ planning to offer fewer dishes than usual, according to a survey by Strat7 Researchbods.ย The survey,…
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5 DecemberSupermarkets
December to see ยฃ13bn in grocery sales for first time, Kantar says
Take-home grocery sales are expected to surpass ยฃ13bn for the first time ever this December, according to marketing data and analytics company Kantar. It comes as its latest figures found that sales grew by 6.3% over the four weeks to 26 November 2023 to reach ยฃ11.7bn. Kantar said the cost…
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Feb- 2023 -22 FebruaryGovernment
Fortnum & Mason chief urges Sunak to seal NI trade deal
Fortnum and Mason chief executive Tom Athron has reportedly urged Sunak to seal a deal with Brussels on post-Brexit trade rules for Northern Ireland. He told the Financial Times that the British government needed to โinvest some time improving its relationship with the EUโ, and agree post-Brexit trade rules for…
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Nov- 2022 -10 NovemberHigh Street
WH Smith profits soar amid global travel return
WH Smith has reported a headline pre-tax profit of ยฃ61m for the year to the end of August, against a ยฃ104m loss last year, beating market expectations.ย It also posted a โsignificant recoveryโ in group performance with revenue of ยฃ1.4bn, up from ยฃ886m in 2021.ย The company said it would…
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Sep- 2022 -7 SeptemberHigh Street
WH Smith buoyed by travel as high street sales take hit
WH Smith expects that full-year trading will be in line with expectations in FY22, as a rebound in its travel business helped mitigate weaker sales across the high street.ย Total revenue surpassed 2019 levels at 112% in the half-year ended 27 August 2022, while Travel was โcomfortably in excess of…
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Jan- 2022 -10 JanuaryNews
Aldi hails โbest everโ Christmas
Aldi has reported its โbest ever Christmasโ, after it revealed the return of Kevin the Carrot in its festive television ad helped attract half a million new shoppers in December. Sales in December rose 0.4% compared to the previous year, when grocery spending was higher than usual due to the…
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Nov- 2020 -24 NovemberClothing & Shoes
Abercrombie & Fitch to close seven flagship stores
Abercrombie and Fitch has announced it is planning to close its flagship stores in London and six further cities in a bid to restructure the business. The move forms part of its โongoing global store network optimization initiativeโ, as well as its reported goal of repositioning from larger format, tourist-dependent…
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Sep- 2020 -11 SeptemberNews
LVMH plans counter lawsuit against Tiffany & Co
LVMH has announced it plans to file a counter lawsuit against Tiffany & Co after the collapse of a takeover deal. Tiffany & Co filed a lawsuit against the company after LVMH cancelled its proposed $16.2bn (ยฃ12.4bn) acquisition of the French luxury retailer earlier this week. The initial lawsuit was…
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