Christmas
This coverage explores the critical Christmas trading period in the UK retail sector, focusing on sales performance, promotional strategies, consumer trends, supply chain planning, and operational challenges. Reporting highlights how retailers prepare for and execute peak season campaigns to maximise revenue and manage demand. Designed for executives and managers, it provides insights into effective planning and competitive positioning during the festive season.
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Dec- 2024 -20 DecemberNews-In-Brief
Today’s news in brief-20/12/24
Retail sales in the UK edged up by 0.2% in November, falling short of analysts’ 0.5% forecast. The slight increase followed a 0.7% decline in October, with food sales rising for the first time in three months, up 0.5%, while non-food revenues rose by 0.2%. However, clothing sales fell sharply…
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20 DecemberSupermarkets
Network Rail retail sales rise 10% to £233m in Q2
Network Rail saw its total retail sales rise 10% to £233.7m for the second quarter from July to September, spelling an increase of over £21m on the same period last year. Additionally, retail sales overtook the previous quarter, jumping by over £8m. Network Rail’s annual retail sales for 2023/24 surpassed…
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20 DecemberEconomy
Retail sales fall short of expectations in November
Retail sales in the UK rose 0.2% in November, behind analysts expectations of 0.5%, according to data from the Office for National Statistics. However, this slight increase is an improvement on the 0.7% decline seen in October. ONS stated growth in supermarkets and other non-food stores was partly offset by…
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19 DecemberNews-In-Brief
Today’s news in brief-19/12/24
Amazon is preparing to settle a significant group claim from delivery drivers over working conditions, potentially costing £140m. The case, brought by Leigh Day solicitors in 2021, argued that more than 3,000 drivers, classified as self-employed, were entitled to compensation of about £10,500 annually for unpaid earnings. Drivers claimed Amazon…
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19 DecemberOnline & Digital
Amazon to settle delivery driver dispute worth potential £140m
Amazon is reportedly preparing to settle a group claim from delivery drivers who claimed the retail giant deprived them of thousands of pounds in earnings.According to The Guardian, lawyers involved in the case said the settlements could cost Amazon a total of £140m. Drivers who deliver for the company through…
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18 DecemberEconomy
Inflation hits eight-month high of 2.6% in November
Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous month, marking the highest level of inflation in eight months. According to the Office for National Statistics, the main drivers behind the rise were fuel and clothing, where prices rose this…
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17 DecemberPeople Moves
Retail loses 225,000 jobs in five years
The retail industry has lost 225,000 jobs in the last five years, according to data from the Office for National Statistics (ONS). On a four-quarter average there were 40,000 less jobs in the industry compared with last year. Overall there were 2.81m jobs in retail in September 2024, although this…
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13 DecemberNews-In-Brief
Today’s news in brief-13/12/24
Hundreds of Harrods workers, including retail, restaurant, and cleaning staff, are set to strike on 21–22 December and Boxing Day in a dispute over Christmas bonuses and working conditions. The United Voices of the World (UVW) union said 95% of its members voted to strike after management refused negotiations. Workers…
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13 DecemberNews
Sainsbury’s opens first ever airport store in Edinburgh
Sainsbury’s has announced the opening of a new 24-hour shop inside Edinburgh Airport. The new convenience store is Sainsbury’s first ever shop to be located at an airport and its arrival is part of a major revamp of the food, drink and shopping options on offer to passengers flying to…
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10 DecemberNews-In-Brief
Today’s news in brief-10/12/24
Supermarket sales are set to surpass £13bn in December for the first time, boosted by festive spending and rising grocery prices. Data from Kantar reveals take-home grocery sales climbed 2.5% in the four weeks to 1 December. The average Christmas dinner for four has risen 6.5% to £32.57, largely due…
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