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- 2021 -16 NovemberHigh Street
M&S launches FAO Schwarz partnership
M&S has announced it is launching a new partnership with toymaker FAO Schwarz in 20 stores across the UK and online, just ahead of the festive period. The move will see a bespoke offer of around 50 toy products being selected for M&S customers, including toy racing cars, music mats,…
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16 NovemberEconomy
Footfall begins to see Christmas rise
Footfall in UK retail destinations rose by 1.5% last week from the week before, according to Springboard. However, performance varied between retail parks – where footfall declined by -1.1% – and high streets and shopping centres where footfall rose by 2.5% and 1.7% respectively. Springboard said there “was also a…
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15 NovemberSupermarkets
Co-op removes plastic from Christmas wrapping
Co-op has announced the launch of its plastic free Christmas wrapping paper range. The retailer has removed the plastic film from around the rolls of Christmas wrap which it said has “saved almost a million pieces of plastic” as it continues its commitment to removing unnecessary plastic from its packaging…
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15 NovemberEconomy
Consumers to spend £21bn this Christmas, says PwC
One in four consumers intend to spend more this festive season, with an average £428 spend per person up from £384 last year, according to PwC’s festive predictions research. It revealed the increase, which is seen across all age ranges and regions, means a total spend of £21bn on presents…
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12 NovemberHigh Street
B&M revenues hit £2.2bn despite ‘challenges’
B&M has revealed group revenues increased by 1.2% to £2.26bn – and up 26.8% on a two-year basis – during the 26-week period ending 30 September 2021. It said the performance comes as gross margin in its UK business was “particularly strong”, driven by a change in the sales mix…
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12 NovemberHigh Street
The Works sales remain strong despite supply chain woes
The Works has remained optimistic about its full-year results despite warning of ongoing supply chain issues and higher costs in the run-up to Christmas. It comes as the group welcomed stronger than expected trading in the first half of the year, reporting a two-year LFL sales increase of 14.5% and…
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10 NovemberSport & Leisure
Halfords raises FY22 guidance amid sales surge
Halfords has lifted its guidance for FY22 following what was a “strong” first-half performance, which saw a total growth of 19.2% against the same period in FY20. The motor and cycling giant now expects its full-year profit-before-tax to be in the range of £80m to £90m, up from a previous…
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10 NovemberHealth & Beauty
Superdrug launches 2 hour delivery service from almost 300 stores
Superdrug has announced it is expanding its delivery service to include “super fast’ 2 hour home delivery, from nearly 300 stores nationwide. It revealed the service will offer customers more “accessible ways to shop”, allowing shoppers to order products directly from local stores. The service, powered by rapid delivery specialists…
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9 NovemberHigh Street
October consumer spending up 14.2%, Barclaycard reveals
Consumer card spending grew by 14.2% in October, compared with the same period in 2019, according to the latest data by Barclaycard. The growth was boosted by spending on non-essential items which rose by 14.6%, including a 127.1% jump in online takeaway spend, as the colder weather led more Brits…
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5 NovemberCoronavirus
£1.2bn to be spent in West End this Christmas, says NWEC
Despite a “strong recovery in footfall”, West End retailers are facing a “challenging festive period” due to the continued absence of high spending international travellers, with the New West End Company predicting just £1.2bn being spent this Christmas. The latest figures from NWEC, which represents 600 retail, restaurant, hotel and…
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