Search Results for: retail sales
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News-In-Brief
Today’s news in brief-22/1/25
River Island has engaged AlixPartners to manage cost reductions ahead of impending tax hikes in April. Despite a £33.2m pre-tax…
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High Street
Waterstones profits quadruple to £43m as office workers return
Waterstones has seen pre-tax profits rise from £11.2m to £42.9m in the year to 27 April 2024, whilst reporting a…
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Clothing & Shoes
Adidas sees revenues surge 24% to €5.97bn in Q4
Adidas has reported “better than expected” Q4 results as its revenues grew 24% to €5.97bn (£5.17bn) compared with €4.81bn (£4.17bn)…
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News-In-Brief
Today’s news in brief-21/1/25
Aldi has announced a significant pay increase for its store assistants, setting a new minimum hourly rate of £12.71, rising…
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Supermarkets
Frozen food to see ‘meteoric rise’ in 2025, Iceland predicts
Iceland has forecast a rise in the popularity of frozen food, which will become a “big focus” in 2025 as…
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News-In-Brief
Today’s news in brief-16/1/25
The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This…
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News-In-Brief
Today’s news in brief-15/1/25
Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the…
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Analysis
Is New Look right to close up shops?
The tax increases unveiled in the October 2024 budget have further complicated the outlook for retailers in the new year.…
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Electrical
Currys raises profit outlook amid ‘strong peak trading’
Currys has revealed that it expects its profit-before-tax to land between £145-155m for the full year, 23-31% ahead of consensus…
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High Street
Card Factory revenues rise 4.7% over Xmas period
Card Factory has revealed that total revenues rose by 4.7% in line with expectations in November and December, thanks to…
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