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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Feb- 2020 -5 FebruaryAnalysis
Tesla, Macy’s and organic food: serious change is afoot
Sometimes change is sudden and surprising, but sometimes it bubbles away under the surface for decades before making a serious impact, and in today’s roundup I have a few examples of the latter to highlight. First, there is Tesla. The firm led by billionaire space-AI Elon Musk has long been…
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5 FebruaryDepartment Stores
John Lewis appoints new executive director
John Lewis has announced the appointment of Nina Bhatia as executive director, strategy and commercial development. Bhatia will commence her role on 17 February, and report to the company’s chairman, Dame Sharon White, as a member of the new executive team. She will move from her role as managing director…
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4 FebruarySupermarkets
UK supermarkets see ‘disappointing’ sales growth in January
Supermarket sales grew by only 0.7% in January 2020, down from 3.3% in 2019, according to new data released from Nielsen. According to the data firm, value sales since Christmas fell at the grocery multiples by 0.3%, with volumes also down 1%. This was exacerbated by inflation, which was only…
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3 FebruaryDepartment Stores
Beales slashes 32 head office roles following administration
Embattled department store chain Beales has announced 32 job cuts at its head office in Bournemouth, nearly two weeks after the group entered administration. KPMG said the joint administrators will be “providing support to those affected over the coming days”. However, KPMG confirmed that all of the chain’s stores remain…
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3 FebruaryHigh Street
Hawkin’s Bazaar confirms final stores closures
Embattled retailer Hawkin’s Bazaar confirmed its final store closures over the weekend as part of its administration process. The joint administrators of Hawkin’s Bazaar Limited, Tom Straw and Simon Thomas of Moorfields Advisory Limited, revealed that all of its stores were to close after the weekend of 2 February. Straw,…
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Jan- 2020 -31 JanuaryAnalysis
The whole Amazon thing is getting scary now
The ‘growth of online retail’ is now so proverbial that the phrase itself is nearly redundant. Is anyone surprised to learn this morning that Amazon has absolutely rampaged through the Christmas retail season, while scores of well-known bricks-and-mortar retailers reported a torrid set of financial results for the same period?…
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31 JanuaryOnline & Digital
Amazon sales skyrocket over Christmas period
Amazon has announced a 21% increase in sales to $87.4bn (£66.5bn) for the three month period ended 31 December 2019. The e-commerce giant also reported that operating income increased to $3bn (£2.9bn) in Q4, compared with $3.8bn (£2.8bn) in the fourth quarter of 2018. Net income also increased to $3.3bn…
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31 JanuaryHigh Street
Consumer confidence rises in January
Consumer confidence in the UK increased over January, according to the latest research from Growth from Knowledge (GfK). The research group’s Consumer Confidence Index has increased two points to –9 during the month, as four measures increased and one measure decreased. The Personal Financial Situation index, which measures changes in…
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29 JanuaryEconomy
Retail sales fall flat for third consecutive month, CBI finds
Retail sales volumes were flat for the third consecutive month in the year to January with no growth expected next month, according to the latest monthly CBI Distributive Trends Survey. The figures indicate retail sales volumes posted no growth in the year to January (0%, unchanged from December) and that…
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29 JanuaryHigh Street
SCS CEO to depart following Christmas sales rise
The chief executive of furniture retailer SCS, David Knight, is to step down. Knight joined the business 32 years ago and has decided to leave the group once a successor is in place. He has been given 12 months notice in accordance with his contract, he said he is prepared…
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