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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Apr- 2020 -23 AprilCoronavirus Featured Content
The role of the physical store post-lockdown
The role of the physical store post-lockdown Retailers have been hit by an escalating “perfect storm” of issues recently – digital disruption, business rates increases, a weak Christmas peak, and now the Covid-19 virus. Businesses with greater debts, low cash reserves, and reduced margins were sadly always going to struggle,…
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20 AprilComment
What’s behind the demise of Cath Kidston?
Sadly, the coronavirus pandemic and subsequent shutting of high street stores has compounded the effects on the already struggling retail sector. Along with other 90s/early 2000s favourites Oasis and Warehouse, homeware and clothing retailer Cath Kidston announced it was going into administration this month. According to Savanta BrandVue Retail data,…
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7 AprilCoronavirus
Footfall nosedives by 81%
Footfall across bricks and mortar retail destinations declined by 75.1% in the week beginning 22 March, according to the latest data from retail intelligence experts Springboard. Their findings also found that footfall plummeted by 81.4% last week, suggesting the government-enforced lockdown is working. Whilst footfall continued to decline annually, the…
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Mar- 2020 -24 MarchCoronavirus
Drop in footfall three times higher than worst recorded, says Springboard
Springboard has revealed that the annual change in footfall last week represented an “unprecedented decline” that was three times greater than the worst previously recorded. The retail intelligence company said that we are starting to see the “true impact” of coronavirus on consumer activity. It added the result for the…
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18 MarchHigh Street
2,000 Mountain Warehouse jobs at risk as coronavirus impacts sales
Mountain Warehouse is considering cutting almost 2,000 jobs following a major slump in sales as a result of the coronavirus pandemic. According to the Guardian, the outdoor clothing and equipment retailer’s CEO and founder, Mark Neale, said the company was in a “battle for survival” after footfall at its stores…
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9 MarchClothing & Shoes
Reiss sales rise 21.9% in full-year results
Fashion retailer Reiss has reported a 21.9% increase in sales to £227.4m in 2019, compared with £186.5m in 2018. For the year ended 1 February 2020, Reiss reported a 51.6% increase in EBITDA to £29.3m compared with £19.3m in 2018, while full-year like-for-like sales increased by 21.6%. Meanwhile, like-for-like sales…
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4 MarchComment
Mitigating the risk of coronavirus to UK supply chains
As manufacturers and retailers run down their ‘pre-Brexit’ stockpiles, pressure on warehouse space in the UK may appear to be tempered for the moment – although there can be little doubt that there will be another ‘cliff-edge’ event at the end of the year as the EU-UK trade talks approach Boris’ deadline.…
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3 MarchSupermarkets
Grocery sales increase in February
UK supermarkets saw “positive growth” in February, as total till sales increased to +0.7% in the last four weeks according to new data from Nielsen. Fast moving consumer goods (FMCG) sales at the top four supermarkets also returned to growth during the month, despite sales in general merchandise declining by…
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Feb- 2020 -20 FebruaryComment
Mindfulness in omnichannel retail – the key to a successful future
Mindfulness and being more conscientious about the impact of retail operations is fast becoming a top business priority for online brands, and one we will continue to see develop in 2020. With 88% of consumers wanting retailers to help them make a difference, being aware of the implications that retail…
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18 FebruarySport & Leisure
Angling Direct profits hit by flooding despite 26.5% spike in revenues
Fishing tackle and equipment retailer Angling Direct has said winter flooding has impacted profits despite reporting a 26.5% increase in revenues. In its pre-close trading update ending 31 January, the company saw in-store sales increase by 41.3% to £27.9m, with sales up 12% on a like-for-like basis. The company revealed…
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