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.
-
Jan- 2023 -17 JanuaryNews
Lush sales soar 13.1% in December
Lush UK and Ireland has announced sales of £40.5m in December, exceeding forecasts and beating 2021’s sales by 13.1%, and up 11% versus pre-pandemic sales in 2019. Throughout the year, Lush invested £7.4m in growing its retail estate across UK and Europe through new shops, relocations and refits, with the…
Read More » -
17 JanuaryOnline & Digital
Ocado reveals Q4 revenues of £550m
Online retailer Ocado has announced revenues of £550m for 13 weeks ended 27 November 2022, an increase of 0.3% compared with last year. The strong revenues come as a result of a 1.9% increase in average orders per week, which rose to 382,000. Despite this the average basket value dropped…
Read More » -
17 JanuaryHigh Street
Quiz sales up 11% over Christmas
Quiz group sales increased by 11% to £9.8m for the Christmas trading period ending 31 December 2022. Sales growth over Christmas was driven by a 19% increase in revenues generated across the retailer’s UK stores to £6.2m, which reflects “strong” like-for-like growth on the sales generated in the prior year…
Read More » -
13 JanuaryOnline & Digital
Very retail sales up 2.2% over Christmas period
Very Group has announced that its retail sales increased by 2.2% compared with the trading period in 2021 for the Christmas and Black Friday season, despite group sales dipping by 1.3%. Compared to the pre-pandemic period in FY19, retail sales were up by 19.6%. The group’s sales in the toys,…
Read More » -
12 JanuarySupermarkets
Strong Christmas boosts Tesco’s Q3 sales to £19.7bn
Tesco has announced revenues of £19.7bn, a 6.1% increase, in the UK and ROI for the 19 weeks ended 7 January 2023. The supermarket chain also saw a 6.1% increase in like for like sales for the period including a nearly 8% increase over Christmas. As a result of this…
Read More » -
12 JanuarySupermarkets
M&S sees sales soar 10% over Christmas
M&S has revealed its food sales rose 10.2% in the three months until December 31, with like-for-like sales up 6.2%, as the grocer outperformed the market. Alongside this, top tier M&S collection sales also grew by over 20%. The business also revealed its clothing and home sales increased 8.8%, with…
Read More » -
12 JanuaryOnline & Digital
Asos revenues fail to climb over Christmas period
Asos has failed to capitalise on the festive season as revenues for the four months ended 31 December fell by 3%, reflecting tough trading conditions, delivery disruptions and weak consumer sentiment. According to the online fashion giant, it expects the “volatile” trading of the period to continue through the next…
Read More » -
12 JanuaryHigh Street
Pepco Q1 revenues hit record €1.65bn
Pepco Group, the parent company of Poundland in the UK, has delivered record trading for the Christmas period as revenues hit €1.65bn (£1.4bn) for Q1 of FY23 ending 31 December 20222. As the group “outperformed” the wider market, its revenues for the first quarter represents year-on-year growth of 27%. The…
Read More » -
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…
Read More » -
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…
Read More »
