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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Jun- 2018 -21 JuneHigh Street
EXCLUSIVE: Poundworld confusion as staff memo casts doubt on ‘closing down’ sale
Store managers at Poundworld are preparing to promote a ‘closing down’ sale, despite a staff memo circulated yesterday which cast doubt on whether any stores will actually shutter. The memo, which was written by administrators at Deloitte, and which a Poundworld spokesperson told Retail Sector had been circulated as an…
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20 JuneEconomy
Hornby announces £10.1m loss
Hornby has announced a pre-tax loss of £10.1m and “lower than expected sales” leading to shares plummeting by 20% this morning. Revenue at the toy manufacturer has also dropped 20% to £37.5m and losses after tax rose to £9.9m. A Hornby spokesperson told Retail Sector a key factor in the…
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19 JuneDepartment Stores
Debenhams issues profit warning
Debenhams has issued a warning saying it now expects pre-profits to be “in the range of £35m-£40m” significantly lower than City forecasts of £50m. The company blamed poor conditions on the high street and said that it doesn’t expect improvement anytime soon. The warning is Debenhams third of the year…
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13 JuneDepartment Stores
M&S reprimanded by ASA over Christmas claim
M&S has been reprimanded by the Advertising Standards Authority (ASA) after they claimed that they were the only “supermarket where Christmas dinner cost less than last year”. A Good Housekeeping survey was used as the basis of M&S’ claims, however the ASA said this was “misleading” and “substantiation” because “it…
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May- 2018 -24 MayHigh Street
Poundworld to close 117 stores by 31 August
Poundworld is looking to close 117 of its 355 UK stores by 31 August as part of its CVA proposal, it has been revealed. The Grocer reports it has seen a document detailing the proposals, which suggest almost a third of its stores would be set to close and rent…
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18 MayAdvice
Retailers Guide to PPC Ad Scheduling
Ad scheduling is not uncommon in the retail sector, and almost all PPC managers will use this tool to their advantage; it allows you to choose specific hours and days of the week that you would like your ads to run. It’s unlikely that you will run your AdWords account…
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2 MayDepartment Stores
House of Fraser CVA prompts closures amid 51% sale
House of Fraser has confirmed the sale of a 51% stake in its group, which may lead to the closure of some of its stores. Chinese retailer C.Banner has acquired the existing shares from current owner Nanjing Xinjiekou, giving it majority control. Nanjing will retain its minority stake. The value…
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Apr- 2018 -27 AprilAdvice
Top 3 reasons retailers might struggle to maintain footfall
In today’s competitive retail environment, driving footfall remains the bedrock of any successful brick-and-mortar store. With more big names announcing store closures since Christmas, getting shoppers through the door and ensuring that a visit converts into a sale has never been more important. What are the top turn offs for…
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16 AprilHigh Street
Debenhams expected to post big dent in half-year profits
Analyst consensus expects Debenhams to report a large decrease in its profits when it publishes its half-year results next week. Figures estimate interim pre-tax profits to fall within a range of £42m-£47m and almost 50% decrease from £87.7m from the same period last year. Like-for-like sales are also expected to…
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12 AprilHigh Street
WHSmith profits dip as high street arm struggles
WHSmith has reported a dip in its profits for the six months ending February 28, as its high street trading profit fell by 6%. The company saw a 1% fall in group pre-tax profits to £82m down from £83m in 2017. However WHSmith’s 700 travel stores, located in airports, railways…
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