Christmas

Watches of Switzerland Q2 revenues rise to £379m

Watches of Switzerland has reported that revenues increased to £379m in Q2 2023, up from £374m for the same period…

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Wilko to open first three concept stores before Christmas

Wilko will be opening five stores in Plymouth, Exeter and Luton before Christmas ahead of a wider roll out in…

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Morrisons slashes prices on festive items

Morrisons has cut prices of 58 “popular” festive items and is committing to keeping the prices low until 31 December.…

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Selfridges ownership uncertain as co-owner faces cash crisis

The future ownership of Selfridges is said to be uncertain following reports that its co-owner Signa is facing a financial…

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M&S to open record number of stores this month amid £80m investment

M&S will be opening nine new stores across the month of November – the most it has ever opened in…

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October washout sees footfall drop 5.7% in October

Footfall decreased 5.7% in October as wet weather negatively impacted consumers’ willingness to visit UK highstreets, according to the latest…

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Sainsbury’s set to hit upper half of guidance despite PBT drop

Sainsbury’s has announced that it expects to hit the upper half of its full year guidance of between £670m and…

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Today’s news in brief-1/11/23

Asda has successfully finalised its acquisition of EG Group’s UK business, a deal valued at a substantial £2bn. This strategic…

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Black Friday spending to halve due to cost-of-living crisis

Overall spending per person over Black Friday is due to fall from £168.18 in 2021 back to the 2020 average…

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Rise in shoppers planning to spend more this Xmas, study finds

More UK consumers are planning to increase their Christmas spending this year compared with last year, signalling a competitive festive…

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