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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Apr- 2023 -26 AprilHigh Street
Majestic makes ‘biggest investment ever’ in staff pay
Majestic, the specialist wine retailer, has revealed it has made its “biggest ever investment” in colleague pay to recognise the “expertise and experience” of its store teams. All store colleagues have been awarded a basic pay increase that takes their hourly rate to at least £10.60, ahead of the National…
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18 AprilDIY
B&M axes online home delivery offering
B&M has axed its online home delivery service after trialling the offering, according to coverage from Retail Week. According to Retail Week, the discount retailer was still offering home delivery through its website in January but discovered that the service was made unavailable in February. The service was first launched…
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4 AprilSupermarkets
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer launched a new ‘Asda Express’ convenience brand to bring its great products and low prices to more communities across the UK. The first two Asda Express stores opened before Christmas…
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Mar- 2023 -29 MarchHealth & Beauty
Boots welcomes ‘record’ beauty sales over Christmas period
Boots has revealed that for the three months to 28 February, Christmas trading brought a “record-breaking” performance for its beauty category which saw retail sales grow 16%. The business reported its eighth consecutive quarter of market share growth across all categories, with beauty performing the best for the quarter. Skincare…
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28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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27 MarchFeatures
It’s always someone’s birthday: gift cards remain evergreen
Inflation and rising living costs have turned consumers into paranoid penny-pinchers, who are cautiously awaiting the next fiscal catastrophe to empty their wallets once again. According to Barclays, nearly six in 10 Brits are actively curbing their discretionary purchases, which has led to just a 5.5% uplift in year-on-year spending…
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22 MarchNews
Asda expands Claire’s partnership to 500 locations
Accessories and jewellery retailer Claire’s is partnering up with supermarket chain Asda to bring Claire’s products to more than 500 Asda stores across the UK. The partnership comes after a successful initial ‘test and learn’ with 10 stores in October 2020, which has now been expanded. This partnership will allow…
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21 MarchOnline & Digital
Amazon to axe a further 9,000 jobs
Amazon has plans to cut a further 9,000 jobs in the areas of cloud computing and advertising as a way to cut its expenses. The news came in the form of an announcement by CEO Andy Jassy that was shared with the e-retailer’s employees yesterday (20 March). However, Jassy did…
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14 MarchHigh Street
Severe weather sees footfall drop 7%
Footfall across UK retail destinations declined by -7% last week due to “severe” weather conditions, a far greater decline than in the week before last when footfall had dropped by a modest -1.1%, according to the latest figures from Springboard. Springboard revealed that high streets were by far the hardest…
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14 MarchOnline & Digital
Virgin Wines launches business review as profits plummet
Virgin Wines has launched a full review of the business after profits tumbled to £0.1m in its half-year results, down from £3.2m the prior year, as the business was hit by challenges “particularly” over the peak Christmas trading period. In the six months ended 31 December 2022, total revenues were…
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