Markdown
This coverage explores how markdowns influence retail strategy and performance in the UK market. Reporting focuses on promotional pricing tactics, seasonal discounting, inventory management, margin impacts, and shopper behaviour — providing retail executives, merchandisers, and brand managers with insights into optimising markdown strategies to balance profitability, stock levels, and customer expectations.
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Jul- 2024 -11 JulyNews
Pepco Group LFL revenue dips 4.3% in Q3
Pepco Group, owner of Poundland, Dealz and Pepco, has reported a 4.3% decline in group like-for-like revenues for its third financial quarter ended 30 June. Poundland saw a 6.9% LFL decline due to challenges related to the introduction of new Pepco-sourced clothing and general merchandise ranges. Pepco’s LFL revenues were…
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Jun- 2024 -7 JuneAdvice
Here’s why AI can boost your customer experience
Artificial intelligence is revolutionising industries across the board, and retail is no exception. Historically associated with sectors like healthcare, finance, and digital marketing, AI is now making significant inroads into both physical and ecommerce retail spaces. Hitachi Solutions has estimated that $40bn (£31.4bn) in additional revenues was driven by AI…
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Oct- 2023 -19 OctoberClothing & Shoes
Matalan posts resilient Q2 revenues
Matalan has posted revenues of £288.6m for the 13 weeks ended 26 August 2023, an increase of 0.8% compared with the £286.4m it posted in the same period last year. Furthermore the company saw a 16.6% increase in EBITDA to £47.9m up from £36.7m last year, after the adoption of…
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Jan- 2023 -24 JanuaryClothing & Shoes
Primark revenues surpass £3bn
Primark owner Associated British Foods has announced that its retail revenues for the year reached £3.15bn. In a trading update for the 16 weeks ended 7 January 2023, the company stated that its retail revenues were up 18% compared with last year and up 15% at constant currency rates. Primark’s…
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23 JanuaryClothing & Shoes
In The Style warns of FY losses as revenues fall 22%
Online womenswear fashion brand, In The Style, has revealed that its total revenue for the quarter ending 31 December 2022 declined by 22% on the prior year, while its direct-to-consumer revenue dropped by a further 13%. As a result, the company expects to report an adjusted EBITDA loss of between…
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Oct- 2022 -26 OctoberFeatures
Henderson Technology celebrates three year collaboration with Gander
Innovative reduced food app, Gander, is marking the three-year anniversary of its Northern Ireland launch in partnership with Henderson Technology. At a time, when the cost-of-living crisis is dominating headlines; showing soaring business costs and reduced disposal incomes – this partnership has proven to be a positive solution to reverse…
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Dec- 2021 -10 DecemberDIY
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend of 25.0p per share. It comes as the group welcomed a “strong” performance against pre-pandemic levels in its FY22 interim results on 11 November, with an ongoing evaluation of its…
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Nov- 2021 -16 NovemberHigh Street
B&M launches £250m senior secured notes offering
B&M has announced that it intends to raise £250m through a sterling-denominated senior secured notes offer due in 2028. B&M said it would use the money raised from the secured notes, a type of corporate bond that gives an investor a higher-priority claim compared to junior notes when a company…
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12 NovemberHigh Street
B&M revenues hit £2.2bn despite ‘challenges’
B&M has revealed group revenues increased by 1.2% to £2.26bn – and up 26.8% on a two-year basis – during the 26-week period ending 30 September 2021. It said the performance comes as gross margin in its UK business was “particularly strong”, driven by a change in the sales mix…
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Mar- 2021 -12 MarchLuxury Goods
Burberry upgrades Q4 guidance
Burberry has announced that ahead of its trading update, the group anticipates its fourth quarter results to be “better than expected” with an adjusted operating margin to be in the range of 15.5% to 16.5%. The retailer has estimated that its comparable store retail sales in Q4 FY2021 will range…
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