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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Oct- 2024 -10 OctoberNews
Waitrose partners with Just Eat to expand delivery services
Waitrose has today (10 October) partnered with delivery network Just Eat on a multi-year deal to expand its presence in the on-demand grocery and convenience sectors. In the coming weeks, millions of Just Eat customers will be able to order groceries to be delivered in 30 minutes or less from…
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9 OctoberComment
Jack Newman: From Jack Wills to Cegid, Optimising Retail Operations
Jack Newman, Head of Onboarding Customer Success at Cegid, has had a career deeply rooted in retail. His journey from a 16-year-old sales assistant to a leader in retail operations is one of growth, mentorship, and a passion for improving efficiency in the fast-paced world of retail. In this feature,…
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7 OctoberSupermarkets
Sainsbury’s to recruit 20,000 staff ahead of festive season
Sainsbury’s revealed it is recruiting 20,000 seasonal roles nationwide in the run up to the Christmas season, including 18,000 at Sainsbury’s and 2,000 at Argos, both in-store and through home deliveries. The new employees will be responsible for helping customers in-store, restock shelves, and pick and deliver online orders. They…
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4 OctoberNews
UK footfall jumps 3.3% in September
UK footfall has risen by 3.3% in September, up from 0.4% in August, as shopper numbers return to increase for the first time in over a year. According to the BRC, retail parks enjoyed the biggest boost with a 7.3% increase during the month, up from 2.6% in August. Shopping…
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3 OctoberNews-In-Brief
Today’s news in brief-3/10/24
Tesco has reported a robust first half of the financial year, marked by increased sales and profits, prompting an upward revision of its full-year guidance. The supermarket giant achieved a 10% rise in retail operating profits to £1.56bn, with statutory operating profits climbing 13% to £1.6bn. This growth was supported…
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3 OctoberDepartment Stores
M&S launches recruitment drive to fill 11,000 Christmas roles
Marks and Spencer has announced it will be recruiting over 11,000 new customer assistants to support in stores across the UK over the festive period. The retailer is recruiting even more colleagues than last year with over 1000 more vacancies available, reflecting the additional investment M&S is making in colleague…
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3 OctoberSupermarkets
Sainsbury’s chief calls for Budget action on consumer confidence
Sainsbury’s boss Simon Roberts has called on the government to introduce measures to improve consumer confidence in the Budget this month. He told Reuters that despite falling inflation, higher wages, and solid employment levels, UK shoppers remain nervous about spending on bigger ticket items. Recent surveys have shown UK consumer…
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3 OctoberSupermarkets
Tesco ups FY guidance as sales and profits rise in H1
Tesco has upped its full-year guidance after a period of “strong momentum” and rising profits in its half-year results, with the supermarket’s boss noting the business is “in good shape”. Over the period, retail operating profits rose by 10% to £1.56bn, while statutory operating profits were up by 13% to £1.6bn. …
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1 OctoberNews
Today’s news in brief-1/10/24
Mulberry has turned down an £83m acquisition bid from Frasers, arguing it undervalues the company’s potential. Frasers offered 130 pence per share for a 36.8% stake, prompting Mulberry’s board, backed by majority shareholder Challice, to reject the offer and focus on CEO Andrea Baldo’s turnaround strategy. Authentic Brands Group has…
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1 OctoberHigh Street
The Works ‘well-positioned’ for Xmas despite PBT drop
The Works has seen its profit-before-tax fall to £6.9m for the year ended 5 May 2024, down from £9m last year. Despite this, the company believes it is “well-positioned” for profit growth in FY25, especially as it enters the Christmas period. The company’s revenue edged up 0.9% to £282.6m compared…
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