Christmas
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Jan- 2019 -8 JanuaryClothing & Shoes
Footasylum issues profit warning after ‘challenging’ Christmas trading conditions
Footwear retailer, Footasylum has issued a profit warning following “challenging trading conditions” during the festive period. Footasylum said it would…
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8 JanuarySupermarkets
Morrisons posts fourth consecutive year of Christmas growth
Supermarket giant Morrisons’ group like-for-like sales increased by 3.6% for the nine weeks to 6 January 2019, its fourth consecutive…
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7 JanuarySupermarkets
Aldi posts ‘record’ Christmas sales
Budget supermarket chain Aldi has has reported sales of almost £1bn for the month of December 2018, 10% higher than…
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7 JanuaryEconomy
Retail administrations rise for second consecutive year
The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…
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4 JanuaryOnline & Digital
Gear4Music issues warning despite 41% sales growth
Gear4Music has issued a warning on profit for 2019 saying it would be “slightly below” last year’s results. The warning…
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4 JanuaryComment
Carnage on the shop floor
The pressure on the retail sector has been a consistent staple for investors since the end of the financial crisis,…
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4 JanuaryEconomy
Shop prices rise in December despite discounting
Shop prices saw a 0.3% year-on-year increase in December despite many retailers discounting heavily during the festive period, the BRC-Nielsen…
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3 JanuaryClothing & Shoes
Next Christmas sales boosted by online surge
Next has revealed better than expected results over the Christmas period despite a 9.2% decline in sales across its bricks-and-mortar…
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2 JanuaryDepartment Stores
John Lewis ends final week of 2018 with 4.5% sales uplift
Department store chain John Lewis has reported a 4.5% year-on-year uplift in total sales for the week ending 29 December.…
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2 JanuaryHR
Iceland facing £21m bill over Christmas savings scheme
Iceland could be hit with a £21m fine as the HMRC has said the supermarket’s Christmas savings scheme meant its…
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