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- 2024 -12 JanuaryAnalysis
WH Smith: new year – rebrand?
WH Smith decided to showcase a new, shortened version of its logo across 10 of its stores – some of which were in Preston and York – just in time for Christmas and the New Year. While the logo change was only supposed to be a test, the retailer caused…
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12 JanuaryLuxury Goods
Fortnum & Mason sales up 17% in run-up to Christmas
Fortnum and Mason has welcomed a period of strong trading over the festive period, with year-on-year sales up by 17% in the five weeks ahead of Christmas, largely boosted by food and decorations. Over six million customers shopped with the retailer over the period, 30% more than the year prior,…
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11 JanuaryNews
Today’s news in brief-11/1/24
Marks & Spencer emerged as the top-performing grocer in volume growth during the Christmas period and the quarter. Food sales rose by an impressive 10.5%, with like-for-like sales up 9.9%. Clothing and home sales also experienced growth of 4.8%, attributed partly to reduced promotions. Supply chain improvements contributed to better…
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11 JanuaryNews
Gloucester Quays sees record year of leasing in 2023
South West urban outlet Gloucester Quays is celebrating a year of record leasing in 2023. The sector-leading retail and leisure destination saw double-digit growth at the close of 2023, exceeding targets across footfall and sales, and experiencing high demand from international powerhouse brands throughout the year. Gloucester Quays enjoyed a…
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11 JanuarySupermarkets
Tesco ups guidance as sales jump 6.9%
Tesco has announced that its sales increased 6.9% for the 19 weeks ended 6 January 2024 after stronger than expected volume growth in the period. As a result the company now expects a retail adjusted operating profit of around £2.75bn, above its previous guidance range of £2.6bn to £2.7bn The…
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11 JanuaryOnline & Digital
Very UK sales up 3.4% over Christmas period
Very UK has reported that retail sales were up by 3.4% in the seven weeks to 22 December 2023, with group sales up by 2.1% overall, but warned of a “challenging” year ahead for retailers. Over the Christmas and Black Friday period, the group said its performance was “consistently ahead”…
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11 JanuarySupermarkets
M&S ‘top performing’ grocer over Christmas period
M&S has revealed that it was the top performing grocer in volume growth terms over the Christmas period and the quarter, as food sales rose 10.5%, with like-for-like sales up 9.9%. According to the retailer, supply chain improvements helped to drive better availability year-on-year in its supermarkets. Clothing and home…
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10 JanuaryNews
Today’s news in brief-10/1/24
Sainsbury’s reported a 6.5% increase in retail sales for the 16 weeks ending January 6, 2024. Grocery sales rose by 9.3%, with Christmas grocery sales up 8.6%. General merchandise sales dropped 0.6%, but excluding the impact of Argos’ closure in Ireland, they increased by 1.5%. The company reiterated its full-year…
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10 JanuaryClothing & Shoes
Sosandar revenues up 23% in record quarter of trading
Sosandar has welcomed a record quarter of trading over the festive period, with revenues soaring 23% to £14.3m in the three months ended 31 December 2023. Over the quarter, a strong performance was seen in October and November and this carried on into December, with all channels “continuing to perform…
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10 JanuaryShopping Centres
Liverpool One reports strongest start to year since 2018
Grosvenor has reported that 2024 is already expected to top last years’ performance at Liverpool One, with a 10% increase in visitor numbers during the first week of January 2024 versus 2023, representing the destination’s strongest start to a year in more than five years. The start to the year…
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