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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Jan- 2021 -20 JanuaryElectrical
Dixons Carphone sees 121% online growth over Christmas
Dixons Carphone welcomed a 121% rise in its like-for-like online revenue during the peak Christmas season, attributed to a higher demand in e-commerce amid the pandemic. The company’s trading update for the 10 weeks ended 9 January 2021 revealed that Electricals like-for-like revenue increased by 11% for the period. The…
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20 JanuaryHigh Street
WH Smith trading ‘better than anticipated’
WH Smith has posted its trading update for the 16 weeks to January, with the company reporting a “better than anticipated” sales performance. The group has said it adapted well to the “evolving trading environment” on the high street, with revenue in stores in December at 92% of 2019 levels. …
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19 JanuaryElectrical
AO welcomes ‘record’ Christmas quarter
AO World has welcomed its “strongest ever” peak trading period over the Black Friday and Christmas period, with year-on-year UK revenue soaring 67.2% to £457.3m in the quarter ended 31 December 2020. It comes as the group said it has continued investment in its infrastructure in order to deliver higher…
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18 JanuaryOnline & Digital
Barclay family mulls £3bn Very Group float
The Barclay family is reportedly eyeing up a £3bn float of online retailer Very Group, according to reports from Sky News. The billionaire family, who owns the business, is said to be in the early stages of exploring plans for the flotation in a bid to “capitalise on exploding investor…
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14 JanuaryNews
Online sales growth hits 13-year high
UK online sales growth remained solid throughout December, coming in at +37% year-on-year (YoY) for the month and driving the annual figure to a 13-year high, according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. The index said that after…
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14 JanuarySupermarkets
Tesco reports record breaking Christmas
Tesco has reported the results of its “record Christmas”, however warned that it still expects to take a £810m hit due to Covid-19 related expenses. For the 19 weeks to January the chain witnessed a like for like growth of 6.7%, accelerating to 8.1% at Christmas, with the store crediting…
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14 JanuaryClothing & Shoes
Primark predicts £1.1bn sales loss amid store closures
AB Foods, the owner of clothing retailer Primark, has issued a warning of a hit from lost retail sales of more than £1.1bn, if Covid-19 lockdowns continue through to the end of February. Currently, 305 of its 389 shops around the world are closed which is expected to cost £1.1bn…
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13 JanuaryOnline & Digital
Asos sees UK sales soar by 36%
Asos has revealed that revenue growth for the four months ending in 2020 has ”surpassed expectations”, with the store now expecting profits to be at the top of its forecasts for the financial year to August. In a post-Christmas trading update, the online fashion retailer reported that group sales were…
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13 JanuarySupermarkets
Lidl posts 18% December revenue increase
Discount supermarket Lidl has reported that its revenue for the four weeks to 27 December rose by 18%, according to the BBC. More than six million glasses of prosecco and 2.7 million servings of panettone were sold by the retailer over the Christmas period, as the firm benefitted from restrictions…
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12 JanuaryHigh Street
British retailers suffer worst year on record, BRC reveals
British retailers suffered one of the worst years on record for sales growth, a new study by KPMG and BRC reveals. According to the pair’s ‘retail monitor’, total sales declined 0.3% compared with 2019. Sales on non-food items such as clothing also witnessed a 5.0% dip, due to national lockdowns…
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