Search Results for: retail sales
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News
Today’s news in brief-10/1/24
Sainsbury’s reported a 6.5% increase in retail sales for the 16 weeks ending January 6, 2024. Grocery sales rose by…
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News
Today’s news in brief-9/1/24
The UK saw record-breaking grocery sales of £4.8bn during the week ending December 23, 2023, representing a 4.3% increase compared…
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News
Today’s news in brief-8/1/24
The UK retail sector faced challenges as almost 120,000 jobs were lost and over 10,000 stores closed, according to data…
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News
Today’s news in brief-5/1/24
Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and…
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High Street
Boots Q1 driven by record-breaking Black Friday
Boots has revealed it delivered a strong performance in its first quarter of the year, ended 30 November 2023, as…
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News
Today’s news in brief- 22/12/23
Nike has announced a cost-saving plan of $2bn over the next three years and revised down its sales forecast. This…
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News
Today’s news in brief-30/11/23
Castore has successfully secured a £145m investment in a funding round led by Raine Partners. This investment aims to further…
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Luxury Goods
Mulberry H1 losses leap 79% despite healthy revenues
Luxury fashion group Mulberry revealed that operating losses grew 79% to £10.4m, despite a 7% increase in revenues to £69.7m…
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Features
Better than forecasted: how is Black Friday 2023 doing?
According to last week’s release from MRI Software, Black Friday 2023 is going to be underwhelming for retailers compared to…
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News
Today’s news in brief-17/11/23
HMV is set to make a comeback at its historic Oxford Street location, reopening on November 24, four years after…
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