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- 2023 -11 JanuaryClothing & Shoes
JD Sports ups guidance amid strong Christmas trading
JD Sports has raised its full-year guidance after a “particularly impressive” business performance over the Christmas period, both in stores and online, as retail revenue over the period grew 20%. As a result, JD now expects its profit before tax and exceptional items for the year ending 28 January 2023…
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11 JanuaryDIY
Topps Tiles hails strong Q1 trading
Topps Tiles has reported a “strong Q1” with group sales up 10.2% year on year for the 13-weeks ended 31 December 2022. The company stated that approximately half of this growth was down to its acquisition of Pro Tiler Tools. It also believes that the timing of Christmas and New…
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11 JanuarySupermarkets
Sainsbury’s raises profit outlook as sales jump 7.1%
Sainsbury’s has revealed that its total sales jumped 7.1% in the six weeks to January 6, boosting its Q3 like-for-like sales performance 5.9%. General merchandise sales jumped to 7.4%, with Argos sales 7.1% up and clothing sales growing 5.1%. As a result, the grocer also revealed that profits are expected…
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10 JanuaryAnalysis
Could budget supermarkets dominate ‘the big four’?
The big four – Tesco, Sainsbury’s, Asda and Morrisons – were once the undisputed favourites for supermarket shopping. However, when the drastic cost-of-living crisis emerged in 2021, it made many households rethink their priorities when it came to buying their essentials and non-essentials. At the tail end of 2022, Aldi…
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10 JanuaryEconomy
Retail sales rise 6.9% over Christmas
The BRC has reported that sales on a total basis increased by 6.9% in December 2022, compared with the prior increase of 2.1% in December 2021. These figures are said to be above both the three-month average growth of 4.4% and the 12-month average growth of 3.1%. Meanwhile, the UK’s…
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10 JanuaryHigh Street
The Fragrance Shop reports ‘record sales’ amid 11% increase
The Fragrance Shop has announced that it saw an 11.2% increase in underlying sales in the six weeks ending 31 December 2022, compared with the same period the previous year. The company said the “record” sales performance was fuelled by popular new fragrance launches, such as Paradoxe by Prada, Fame…
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10 JanuarySupermarkets
Supermarkets see spending surge in final weeks of December
Total Till value growth at supermarkets increased to 10.9% from 7.6% in the final four weeks ending 31 December 2022, according to the latest data from NielsenIQ. Nielsen said the increase was due to accelerated food inflation, weak comparatives and strong sales in the seven-day trading week up to 24…
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10 JanuaryHigh Street
Card Factory ups FY guidance amid strong Xmas sales
Card Factory has raised its full-year guidance following a year of “good momentum” across the business, with sales boosted by a return to high street spending, particularly over the Christmas trading period. The group anticipates that EBITDA in FY23 will now be at least £106m, up from a previous guidance…
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9 JanuarySupermarkets
Lidl sees sales rise 25% in run up to Christmas
Lidl GB has announced that over 1.3m people shopped with them in the run up to Christmas, as its sales increased 24.5% YOY. The supermarket chain stated that shoppers switched nearly £63m of spending to them from other supermarkets. It revealed product highlights included Christmas Pudding sales increasing 185% YOY…
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9 JanuaryHigh Street
Timpson rescues In-Time out of administration
Timpson has announced the acquisition of watch and jewellery repairer In-Time, which had collapsed in the days running up to Christmas. As part of the deal, the Manchester-based company has acquired 35 shops and taken on 110 new employees from In-Time. The value of the deal has yet to be…
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