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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Jan- 2018 -11 JanuaryDepartment Stores
John Lewis issues profit warning despite ‘most successful trading day ever’
The John Lewis Partnership has reported an increase in sales for the six-week period ending December 30, but a competitive Christmas season characterised by heavy discounting across the retail industry will hit profits, it said today. Group sales were (which include John Lewis and Waitrose) were up 2.5% year-on-year, totalling…
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11 JanuaryEconomy
Train station Christmas shopping brings 9% sales growth
Figures released by Network Rail show total train station retail sales for the festive period grew by 9% this year. The figures, which span 18 November to 23 December, suggested a growing desire for convenience retail, Network Rail said. Station retailers saw a total of over £110m in sales during…
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11 JanuaryHigh Street
Marks and Spencer sales take a hit over Christmas
The all-important festive season yield disappointing results for Marks and Spencer at the end of 2017 as sales fell 1.4% during the period. Like-for-like revenues fell 1.4% in the 13 weeks to 30 December, with clothing and homeware down 2.8% and food down by 0.4%. Steve Rowe, chief executive said:…
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10 JanuaryClothing & Shoes
Moss Bros profit warning amid Christmas footfall drop
A disappointing performance during the Christmas period with drops in sales and footfall has forced Moss Bros to cut its profit forecast for the year. The menswear retailer said in a trading update for the 26 weeks to January 6 that, during the peak Christmas trading season throughout December, like-for-like…
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10 JanuaryClothing & Shoes
Ted Baker Christmas sales up 9%
Designer clothing retailer, Ted Baker, has reported strong sales growth of 9% over the Christmas period in 2017, boosted by an increase in online purchases. Online sales increased by 35%, accounting for 30.1% of the brand’s total retail sales for the eight-week period from 12 November 2017 to 6 January…
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10 JanuarySupermarkets
Tesco’s £1bn Christmas sales lift amid supermarket boom
Tesco recorded a 3.1% rise in sales in the three months ending December 31, according to the latest Kantar Worldpanel UK grocery market share figures. Comparatively Asda’s sales grew by 2.2%, Morrisons by 2.1%, and Sainsbury’s 2%. Kantar reported that Aldi and Lidl attracted nearly one million additional households to…
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9 JanuaryEconomy
UK retail sales show marginal growth over Christmas
UK retail sales showed less growth over Christmas than they did last year, according to figures from the British Retail Consortium (BRC). Retail sales increased by 0.6% on a like-for-like basis from December 2016, which was a decline compared to an increase of 1.0% from the preceding year. Over the…
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5 JanuaryEconomy
Christmas discounts push shop price deflation to 9-month high
Shop prices in December fell at their fastest rate for nine months, having previously been “teetering on the edge of inflation,” according to new figures. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index showed overall shop prices dropped 0.6% cent in December compared with the same month…
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4 JanuaryUncategorized
Aldi sales reach £10bn after record December
Aldi has reported a record December with UK year-on-year UK sales increasing by more than 15% during the festive season. The Christmas spending boost pushed the cut-price supermarket chain’s full year sales over the £10bn mark for the first time since it entered the UK and Ireland market. Christmas…
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4 JanuaryUncategorized
Debenhams shares plunge 20% amid profit warning
Debenhams’ share price has lost a fifth of its value as the retailer warned full year earnings could fall to as little as £55m after a “disappointing” Christmas trading period. In a trading update for the 17 weeks to December 30, the firm said pre-tax profit would “probably” fall to…
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