Search Results for: retail sales
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High Street
UK consumer confidence remains steady despite nearing record low
GfK’s long-running Consumer Confidence Index has remained at -34 for April, only five points away from the record -39 low…
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Health & Beauty
Boots reports 18% decrease in operating income amid Covid-19 virus outbreak
Health and beauty retailer Boots has reported a 18.7% decrease in operating income to $1.2bn (£973m) as a result of…
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Comment
Preventing inevitable recession from becoming depression
The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments…
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Coronavirus
Covid-19: Debenhams, Ted Baker and The Works latest to close stores
Debenhams, Ted Baker and The Works are some of the latest retailers to close stores amid the coronavirus pandemic sweeping…
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High Street
Crew Clothing to acquire Moss Bros
Fashion retailer Crew Clothing is to acquire Moss Bros in a £22.6m deal to take the company private. Under the…
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Comment
How much is too much: when to stop talking to your customer
With the grey and gloomy weather we have been experiencing lately, it may be increasingly hard to imagine the long…
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High Street
Consumer confidence rises in February
Consumer confidence has increased two points to –7 this month, according to the latest figures from the GfK. According to…
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Online & Digital
Asos sees 20% increase in group revenues
Online retailer Asos has reported a 20% increase in group revenues to £1.6bn, attributed to a “record” Black Friday and…
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Clothing & Shoes
Full value of Ted Baker accounting blunder revealed to be £58m
Fashion retailer Ted Baker has revealed that an accounting overstatement – thought to originally amount to between £20m-£25 – is…
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Online & Digital
Very reports a 6.1% increase in revenues in the festive period
Online retailer Very has reported a 6.1% increase in revenues during the seven weeks to 27 December. The brand, which…
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