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 -8 NovemberEconomy
Grocery price inflation hits record 14.7%
Four-week grocery price inflation has hit another record high figure at 14.7%, according to Kantar, marking another “record” high and adding a potential extra £682 to annual grocery bills. The news comes as take-home grocery sales increased by 5.2% in the 12 weeks to 30 October 2022, marking the fastest…
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Oct- 2022 -25 OctoberHigh Street
Nothing to open first retail store in Soho
Carl Pei’s challenger-technology brand, Nothing, has announced it is opening its first ever retail store, aimed at being “a physical expression of everything the business stands for”. Opening before Christmas 2022, the Nothing Store will sit in the heart of Soho, carrying all Nothing devices, including the yet to launch…
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25 OctoberHealth & Beauty
Superdrug xmas sales surge 219%
Superdrug has reported a 219% year-on-year rise in Christmas gift sales as shoppers have started to stock up early. Looking ahead, Superdrug expects that money-saving beauty bundles will feature “heavily” amongst the retailers’ bestsellers as consumers seek value amidst the rising cost of living. Beauty tools and brush kits, as…
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25 OctoberOnline & Digital
Very revenues top pre-pandemic levels in FY22
The digital retail operator of Very and Littlewoods, The Very Group, has revealed that its FY22 revenue has surpassed pre-pandemic levels, with Very revenue up by 12.6% and group revenue up by 4.8% against FY20. However, compared to its “best-ever” year in FY21, Very’s full-year revenue dipped by 4% to…
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24 OctoberHealth & Beauty
Boots to recruit 10,000 workers over Christmas
Boots has announced a recruitment dive for over 10,000 seasonal roles in its stores, warehouses and operations in a bid to support demand for the festive period. The roles will be available across retail, warehousing and operations to cater to all job-seekers looking for work in the run up to…
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21 OctoberHigh Street
ProCook revenues fall 9.1% in Q2
ProCook has reported revenues of £15.9m in Q2, a 9.1% drop year-on-year, yet still 110.4% higher on a like-for-like basis compared to pre-pandemic FY20, for the 16 weeks ended 16 October 2022. The group’s first half revenue of £27.4m, a 14.8% year-on-year decrease, was reportedly due to the annualisation of…
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20 OctoberFeatures
Why Scurri predicts a spartan Black Friday
Can you tell us a little bit about Scurri and what it offers as a platform? Scurri is a cloud-based delivery management platform that connects and optimises online ordering, shipping and delivery. We like to call what we do ‘connecting commerce’, because we help retailers get their parcels into the…
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20 OctoberHigh Street
Wilko calls in advisers amid cost-cutting measures
Wilko has reportedly drafted in Teneo as advisors as the retailer seeks to cut costs across the business amid the cost-of-living crisis, according to Retail Week. Wilko is reportedly mulling potential cost-cutting and restructuring options as it seeks to shore up its balance sheet. Rising inflation, shipment delays and store…
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19 OctoberSupermarkets
Asda announces plans to open new express stores
Asda has announced plans to open its first two standalone convenience stores before Christmas under a new ‘Asda Express’ brand. The Asda Express stores will open at Sutton Coldfield on 8 November and Tottenham Hale, London, on 6 December. Asda plans to launch a further 30 sites, creating about 500…
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19 OctoberSupermarkets
Booths sales rise 4.4% in FY22
Booths has reported an overall sales improvement of 4.4% (£12.6m) to £296.7m in its full year results to 2 April 2022. Profit before tax rose by £1.1m to £3m, up from £1.9m the prior year, while EBITDA increased by £1.4m to £13.3m compared to £11.9m in 2021. The group’s trading…
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