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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May- 2024 -29 MayAdvice
Beyond the Basics: Nine Non-Obvious Criteria for Choosing the Right LMS for Retail Industry Training
Today the culture of continuous learning, skill development and professional improvement has been adopted by the vast majority of successful businesses. This is particularly true within the retail domain, where the market is highly competitive, and having more qualified personnel becomes a marketable advantage. According to our recent research, a…
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28 MayNews
Today’s news in brief-28/5/24
Shop price inflation has returned to normal levels, with the British Retail Consortium (BRC) reporting a decrease in annual shop price inflation from 0.8% in April to 0.6% in May. This marks the lowest rate since November 2021 and is below the three-month average rate of 0.9%. Non-food items remained…
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28 MayHigh Street
M&S and Next eye The Body Shop rescue deal
Both M&S and Next are reportedly considering launching rescue bids for the embattled retailer The Body Shop, as administrators get ready to launch an auction process. According to The Times, administrators FRP Advisory are reportedly “encouraged” after the high street firms expressed early interest in The Body Shop. The outlet…
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21 MayClothing & Shoes
Shoe Zone profits remain flat amid rise in revenues
Shoe Zone has reported that its adjusted profit before tax remained flat at £2.5m for the 26 weeks to 30 March 2024, as the business was affected by costs relating to increase in National Living Wage, shipping delays due to disruptions in the Middle East and its store strategy. However,…
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16 MayHealth & Beauty
Superdrug to open 25 new stores
Superdrug has announced an investment into its bricks-and-mortar retail footprint, with plans to open 25 new stores in 2024, as it celebrates its 60th year on the British high street. The retailer said it is aiming to continue to “enhance the physical shopping experience for customers with increasing bigger and…
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15 MayClothing & Shoes
Boux Avenue upbeat on performance despite widening losses
Retail boss Theo Paphitis is upbeat on the performance of his lingerie brand Boux Avenue despite the company seeing its pre-tax losses widen from £1.5m to £8.7m, according to its delayed accounts filed with Companies House for the full-year ended 1 April 2023. The brand said external challenges such as…
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10 MayHigh Street
WHSmith reveals 17 new Toys R Us locations
WHSmith has announced that it will open 17 Toys R Us shops over the summer months across the UK. The retailer is set to open a further 30 shop-in-shops before Christmas after the launch of nine Toys R Us concessions a year ago. The 17 locations opening in the summer…
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Apr- 2024 -23 AprilSupermarkets
Supermarket sales jump 3.3% as inflation continues to fall
Overall take-home grocery sales rose by 3.3% over the four weeks to 14 April as grocery price inflation also continued to fall to 3.2%, according to the latest data from Kantar. Kantar said the decline has been aided by a significant increase in promotional spending, with items bought on offer…
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19 AprilNews
Today’s news in brief-19/4/24
Wilko, the retailer that faced collapse last September, is back with a revamped click and collect service. After successful trials in Exeter, Luton, and Plymouth, the company is reintroducing its free click and collect option. Customers can now access this service from reopened stores and over 200 collection points through…
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19 AprilEconomy
Retail sales remain flat in March
Retail sales volumes remained flat in March 2024 following an increase of 0.1% the previous month, according to official data by the ONS. Non-food store sales volumes rose by 0.5% over the month, with increased footfall reported by some retailers. This is consistent with the rise in footfall on the…
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