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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Mar- 2020 -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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17 FebruaryFeatures
Book Smart: Why the independent bookshop is here to stay
The bookselling industry is subject to constant speculation. In a world where Amazon founder and CEO Jeff Bezos reigns and tablet devices are a mainstay, one would be forgiven for assuming the end is nigh for independent booksellers’ success. But despite the rise of retail giants and fall of book…
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14 FebruarySupermarkets
UK food and grocery market set to be worth £174bn by 2024
The UK food and grocery market is set to grow by 15% between 2019 and 2024 to £174.5bn, according to data and analytics company GlobalData. However, the new research from the company suggests that ‘Big Four’ grocers Tesco, Sainsbury’s, Morrisons and ASDA are set to lose out on a further…
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13 FebruaryHigh Street
Retail footfall bounces back in January after quiet December
Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest Retail Traffic Index (RTI). The retail insights company had originally forecast a footfall decline of 1.9% for the month, and said that after such a “disappointing” December, January’s footfall comes…
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12 FebruaryComment
How to adapt rapidly to grow your business
Post-Christmas is always a time for the retail sector to regroup, scrutinising what’s gone well, where the challenges lie and what needs to change in 2020. Retail is undergoing change at pace and survival depends on being able to adapt at pace too. According to the British Beauty Council, fast…
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10 FebruaryAnalysis
Ocado ditches Waitrose; Bill gates orders £500m beast-yacht; Boris to lower immigration wage threshold
A busy start to the week in the business pages. As the coronavirus story unfolds I am reluctant to spend every day providing updates on it, but it is worth noting quickly that there is likely to be some worldwide economic turbulence due to the latest developments. A slew of…
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