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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Dec- 2022 -19 DecemberSupermarkets
Sainsbury’s to invest £550m in keeping prices low
Sainsbury’s is set to invest £550m over two years to keep its prices low and be “more competitive”, CEO Simon Roberts has confirmed, with £15m to be invested over the Christmas period. Speaking to the Mail on Sunday, Roberts said that the move will mean that profits will be lower…
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16 DecemberEconomy
Retail sales dip 0.4% in November
Black Friday and Christmas shopping has failed to lure people back to the high streets as the Office for National Statistics (ONS) estimates that retail sales have fallen by 0.4% in November 2022. The recent statistics follow a 0.6% rise in October when retail bounced back from the impact of…
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16 DecemberEconomy
Consumer confidence remains at ‘historic lows’ in December
GfK’s Consumer Confidence Index increased by only two points in December to -42, with confidence still sitting at “historic lows”. This marked the eighth month in a row in which the Index has remained at around -40 or lower, the first time this has happened since the GfK’s records began…
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15 DecemberFeatures
Record-breaking sales of Amazon over the holiday weekend – Will it last until the end of 2022?
During Cyber Monday, and over the days preceding Thanksgiving, people were in a bullish mood with their buying habits on Amazon, which facilitated their appetite. This optimism can be a great opportunity for newbie investors to venture and learn how to buy shares and why Amazon share is a good…
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13 DecemberSupermarkets
Shopper spend rises 7.6% at UK supermarkets despite squeeze on incomes
Total Till sales grew +7.6% in the last four weeks ending 3 December 2022, up from +5.6% last month, according to the latest data from NielsenIQ. Nielsen said the acceleration in Total Till sales is largely a result of double-digit food inflation, as UK shoppers remain cautious regarding the contents…
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12 DecemberNews
4 in 5 shoppers using social media to find Christmas gift ideas
The inaugural Shop Social study, conducted by social media experts Maybe*, (https://www.maybetech.com/) has found that the products we are most using social media to find inspiration for are women’s clothes (54%); men’s clothes (37%); gifts (35%); beauty and cosmetics (34%); children’s clothes and products (31%); books (26%); toys (23% )…
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9 DecemberClothing & Shoes
Primark to open 10 stores before Christmas
Primark’s parent company Associated British Foods (ABF) has announced that it is set to open 10 new stores before Christmas. As part of its trading update ahead of its AGM, ABF stated that Primark’s trading had been “encouraging” with the retailer set to open 27 new stores in the current…
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7 DecemberOnline & Digital
Moonpig lowers sales forecast ahead of uncertain Christmas
Greeting card retailer Moonpig has lowered its sales forecast for 2023 to £320m down from £350m in the half year to 31 October 2022. The company cited challenging trading conditions in October and November, including Royal Mail strikes, as the reason for changing its forecast. It has seen mild growth…
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7 DecemberClothing & Shoes
Quiz returns to profitability in H1 as demand rises
Quiz has welcomed a “significant” increase in profitability in its half-year results, as profit before tax hit £1.8m, up from a loss of £1.3m the prior year, after the group witnessed stronger consumer demand for the brand. The group, which also benefited from softer prior year comparatives as a result…
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5 DecemberElectrical
Curry’s ditches Royal Mail ahead of Christmas strikes
Curry’s has ditched Royal Mail as its delivery provider amid a series of Christmas strikes at the firm. As first reported by The Telegraph and since confirmed by Curry’s CEO Alex Baldock on BBC’s Laura Kuenssberg Show, the retailer is to stop using Royal Mail to deliver its products “for…
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