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 -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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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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