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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Jul- 2019 -23 JulyHigh Street
Lego Group to open two new stores this year
The Lego Group is bringing two new stores to Birmingham’s Bull Ring and Southampton West Quay Shopping Centre. The two stores are planned to open just before the Christmas season, and the retailer claims the stores will have the “widest selection” of the latest Lego sets and a host of…
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9 JulyEconomy
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to new data from the BRC. The group said the decline dragged the three-month average into a decline of 0.1% and the 12-month average to an increase of 0.6%, the lowest…
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4 JulyHigh Street
The Works FY19 revenues jump 13.2%
Stationery retailer The Works has reported a 13.2% increase in revenues in its preliminary results for the 52 weeks ended 28 April 2019. The retailer posted positive like-for-like growth of 3% during the period, driven by growth both in stores and online, and adjusted EBITDA increased by 4.2% to £13.8m.…
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1 JulyClothing & Shoes
Poor trading leaves Jack Wills facing ‘cash crunch’
Fashion retailer Jack Wills is reportedly facing a “cash crunch” after a period of poor trading this spring. According to The Times, Jack Wills is rapidly going through the £28m of cash injections arranged by its equity firm owner BlueGem, with sources saying trading has “fell off a cliff”. BlueGem,…
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Jun- 2019 -13 JuneHigh Street
Majestic Wine records loss as focus switches to online
Wine retailer Majestic Wine, has recorded an £8.5m loss for the financial year up 2 April, in spite of a 6.3% increase in reported revenue to £506.1m. Alongside the stores impairment charge, the retailer also invested extra funds into its online company Naked Wines. The extra investment saw, revenue at…
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May- 2019 -22 MayEconomy
Online retail sales see subdued growth in April
Online retail sales saw sales growth of just 5.2% year-on-year (YoY) in April, according to the latest IMRG Capgemini eRetail Sales Index. The group said this compares “poorly” to the strong performance seen in April of last year (+12.5%), but continued an ongoing trend of subdued growth seen since the…
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21 MayDIY
Halfords sees FY profits drop 17.9%
Halfords has reported a 17.9% drop in annual profits and has warned that “fragile” consumer confidence means it expects a flat outcome in its new financial year. The car parts and bicycle retailer announced its preliminary results for the 52 weeks ended 29 March 2019 that profit before tax was…
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15 MayEntertainment
Physical entertainment market falls by 17%
The retail market for physical entertainment declined by 17.4% during the 12 weeks to 7 April, attributed to a decline in shopper numbers, fewer major gaming and music releases and store closures for HMV. The research by Kantar showed that physical stores grew their share of the gaming market for…
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9 MayEntertainment
The Works click and collect service leads to sales and revenue growth
Book retailer, The Works has announced it has had a “successful year” following the introduction of a click and collect service which has seen like-for-like sales and revenue rise. Revenue at The Works for the 52 weeks to 28 April rose by 13.2% year on year, while like-for-like sales saw…
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Apr- 2019 -18 AprilAdvice
Why brands should focus on the long game and not an Easter miracle
As we all look forward to the long Easter weekend, retailers will be particularly excited. Many of us will use one of our extra days of freedom to indulge in a little retail therapy – whether on or offline. But my advice to retailers and their marketers this Easter is…
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