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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Sep- 2024 -11 SeptemberHigh Street
WH Smith group sales rise 7% amid strong travel growth
WH Smith has reported a 7% rise in group revenues and 5% rise in like-for-like sales for the 12 months to 31 August, driven by travel which was up 10%. The group’s travel category delivered strong growth because of category development and enhancing ranges, most notably in food and drinks,…
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10 SeptemberLuxury Goods
Beaverbrooks invests £1.6m in Bracknell store refurb
Family-owned national diamond, jewellery and watch retailer Beaverbrooks has made a £1.6m investment in the complete refurbishment and expansion of its Bracknell store, doubling its size and elevating it as a destination for luxury and Swiss watches. Following the investment, the newly refitted store, located on The Avenue, reopened on…
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9 SeptemberHealth & Beauty
Auréa completes Body Shop rescue deal
Auréa, the growth capital firm co-founded by Mike Jatania and Paul Raphaël, has completed its acquisition of The Body Shop. This investment represents Auréa’s largest transaction to date. Jatania and Charles Denton will serve as executive chairman and CEO respectively and will jointly steer The Body Shop’s revival and “reclaim…
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9 SeptemberNews
The Cotswold Company sales hit £40m in H1
The Cotswold Company, a premium handcrafted furniture and homeware brand, has announced a strong sales growth of 15% to £40.1m for the six months ending 25 August. Sales for the company were up 80% on a five-year basis and when compared to pre-Covid levels, following a 21% year-on-year increase in…
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6 SeptemberHealth & Beauty
New Body Shop owner lines up working capital amid rescue deal
The new owners of The Body Shop are in advanced talks to secure more than £30m in working capital from Hilco Capital as they finalise a deal to buy the chain out of administration, according to Sky News. The news comes after businessman Mike Jatania’s consortium, Auréa Group, officially entered…
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Aug- 2024 -30 AugustNews
UK retail sales dipped 0.7% in August, BDO reveals
Total retail sales have increased by just 0.7% compared to August last year, according to this month’s High Street Sales Tracker from BDO. Despite reports signalling that retail prices had fallen for the first time in three years during August, sales growth figures are still running below the rate of…
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20 AugustClothing & Shoes
Sosandar to open third store at Metrocentre
UK fashion brand Sosandar has announced that it has signed a lease agreement to open its third store in Newcastle’s Metrocentre. The store is expected to open in October ahead of the key Christmas trading period, and will follow the opening of Sosandar’s first two stores in Chelmsford and Marlow…
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Jul- 2024 -30 JulyFeatures
How retailers can prepare for the golden quarter
This is a pivotal time for retailers. With just months to go until the “golden quarter” running up to Christmas, staff have their hands full showcasing products to buyers and influencers, while IT managers do their best to build resilience into back-end systems ahead of the seasonal surge in web…
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25 JulyOnline & Digital
Virgin Wines EBITDA hits £2.8m
Online wine retailer Virgin Wines UK has reported a 260% increase in EBITDA to £2.8m, with its profit-before-tax also expected to be £1.95, up from a loss of £430k, for the year ended 30 June 2024. Meanwhile, its revenue was in line with the prior year at £59m (FY23: £59m).…
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23 JulyNews
Today’s news in brief-23/7/24
Tapi Carpets and Floors Limited has acquired the Carpetright brand and 54 stores following its collapse into administration. While over 300 jobs were saved, more than 1,500 employees face redundancy due to the challenging retail climate and recent cyber attack woes. Ikea plans to open 100 additional click-and-collect points at…
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