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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Aug- 2022 -25 AugustSupermarkets
Iceland’s debt rating downgraded as it falls to pre-tax loss
Iceland’s debt rating has been downgraded by Moody’s as its newly filed accounts showed Iceland Foods fell to a pre-tax loss of £4.1m for the 52-week period ended 25 March 2022, compared to a profit of £73.1m in the prior year. Sales dropped 4.3% from £3.7bn to £3.5bn year-on-year, compared…
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22 AugustSupply Chain
Felixstowe Port strike could lead to £700m hit to trade
The upcoming eight day strike at Felixstowe Port could disrupt trade worth up to £700m, experts have warned. According to The Times, experts have said that the strike – which includes 1,900 dockworkers, could disrupt supplies to the nation’s supermarkets and exports from firms from now until Christmas. The outlet…
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17 AugustEconomy
Inflation hits new 40-year high at 10.1%
Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI) hit 10.1% in the 12 months to July 2022, up from 9.4% in June. According to the Office for National Statistics (ONS), the biggest contribution to this figure was rising…
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1 AugustAnalysis
Platinum Jubilee sales – a warning of times to come?
The Office of National Statistics (ONS) most recent data revealed that retail sales dropped by 0.1% in June 2022 following a fall of 0.8% in May 2022 despite bank holiday weekends and the hope that the Queen’s Platinum Jubilee would boost sales. Many retailers may have expected to have received…
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Jul- 2022 -18 JulySupermarkets
Fever-Tree profits ‘worsened’ by cost of headwinds
Fever-Tree has revealed that it anticipates gross margins of around 37% and an EBITDA margin of around 14% for the first half due to the reported impact of logistics and cost of headwinds having “worsened” in recent months. The business expects this to continue to impact the business during the…
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12 JulyHigh Street
Joe Browns appoints new CEO
Joe Browns, the home and fashion retailer, has announced that Peter Alecock will join its board as chief executive officer. He joins from JD Sports Fashion PLC where he held the role of chief operating officer of the retailer’s fashion division having worked for the company for 16 years. It…
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8 JulySupermarkets
M&S launches discount on summer Back-to-School stock
M&S has revealed plans to “hold” its prices on school uniforms after launching a 20% off discount for early Back-to-School shoppers until 25th July 2022, as the summer Back-to-School season is reportedly the third busiest shopping event behind Christmas and Easter. The brand’s school uniforms are said to be responsibly…
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7 JulyHigh Street
Footfall set to remain below 2019 for foreseeable future
Footfall is set to remain below 2019 levels for the “foreseeable future” as the cost of living crisis deepens and working from home becomes a permanent fixture, according to the latest Footfall Monitor and Insights from Springboard. Springboard found that footfall strengthened for the third consecutive month in June, with…
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Jun- 2022 -21 JuneEconomy
Quarter of UK retailers four weeks from collapse, survey finds
More than a quarter of UK retailers are just four weeks away from going bust due to supply chain issues, according to a Brightpearl survey. The results of the survey of 500 UK retailers, found that 85% of retailer businesses have been hit by supply chain issues in the last…
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May- 2022 -20 MayHigh Street
The Works warns of trading slowdown despite ‘strong’ FY22
Arts and crafts and book retailer The Works has warned it has experienced a slight slowdown in recent trading due to the cost of living crisis, despite reporting a “strong” FY22 performance. In a trading update for the 52 weeks ended 1 May 2022, the retailer revealed it was trading…
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