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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Nov- 2022 -18 NovemberEconomy
Retail reacts: Gov has taken ‘first step to longer term reform’
The retail industry has welcomed chancellor Jeremy Hunt’s Autumn budget announcement, with the BRC saying it shows “the government has heard the concerns of retail”, despite the CBI adding it believes “businesses will think there’s more to be done on growth”. Jeremy Hunt unveiled his Autumn budget on November 17,…
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17 NovemberFeatures
Geoff Lloyd warns on expected ‘greater demand’ this Black Friday
What led to you becoming director of retail and what responsibilities come with the role? My career began on the shopfloor at Next where I fell in love with the industry. Technology was starting to have an impact on how retail worked, which was something that I found fascinating. This…
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17 NovemberClothing & Shoes
Joules collapses into administration
Joules has officially appointed administrators and is set to be wound up after talks with potential investors collapsed, with up to 1,600 jobs at risk. Will Wright, Ryan Grant and Chris Pole from Interpath Advisory have been appointed joint administrators of Joules Group plc and Joules Limited. At the same…
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16 NovemberComment
Consumers are feeling the pinch – but so are retailers. Can Black Friday even happen this year?
Black Friday traditionally marks the start of the festive shopping season, with big ticket promotions that seem to get bigger every year. Black Friday is now fast approaching, and many retailers are reassessing their strategies for this year’s event in light of the ongoing cost-of-living crisis. The cost-of-living crisis is…
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16 NovemberHigh Street
Card Factory ups guidance after ‘stronger than expected’ trading
Card Factory has upped its FY23 guidance after “stronger than expected” trading in the second half of the year, with full-year EBITDA now expected to be £96m, up from a previous guidance of £88.8m. According to the retailer, this EBITDA would approximate to profit-before-tax of £37.5m for the period. Its…
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16 NovemberAdvice
Retail faces multiple challenges – A key one is fixing the data layer
As the UK consumer battles rising inflation, interest rates, scary heating bills and even considering back-up generators to avoid potential power cuts, retailers have needed to consistently up their games to maintain customer loyalty. On the supply side, the latest uncertainties are an unwelcome addition to the disruption from…
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15 NovemberSupermarkets
Supermarkets see sales improve as they head into Christmas
In the last four weeks supermarkets’ total till value growth increased to 5.3% from 4.7% last month, despite inflation accelerating and shoppers purchasing less, according to NielsenIQ data. Across the industry, it found average spend per visit increased to £18.50 compared with £18.20 last month but is still lower than…
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11 NovemberDIY
The Works sales rise in H1 despite online slowdown
The Works has reported total sales for the half-year increased by 2.1%, with total like-for-like sales having increased 0.6%. Store trading was also positive, having increased by 3.5% on a like-for-like basis. However, the group’s online sales declined by 16.9% over the period, though results show it is still 50%…
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10 NovemberSupermarkets
Poundland to close on Boxing Day and New Year’s amid recruiting drive
Poundland has revealed that for the third year in a row all its stores will be closed on Boxing Day and New Year’s Day. As part of its Christmas plans the discount retailer also confirmed it will take on around 1,200 seasonal colleagues to work in stores across the UK…
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8 NovemberNews
Retail sales recovery slows in October
The recovery of retail sales slowed in October, as on a total basis, retail sales increased by 1.6%, against an increase of 1.3% in the same month last year. This is also below the three-month average of 1.7% and the 12-month average growth of 2.7%, according to the British Retail…
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