Search Results for: retail sales
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Economy
UK GDP rebounds 1.3% in Q4 FY21
The UK’ gross domestic product (GDP) is estimated to have increased by 1.3% in the fourth quarter (Q4) of 2021…
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DIY
IKEA to close Tottenham store, putting 450 roles at risk
Ikea has announced the proposed closure of its Tottenham store in Edmonton, North London, placing the jobs of 450 co-workers…
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Supermarkets
Asda profits surge 42% as Covid disruption eases
Asda has reported its operating profits increased 42% year-on-year from £486.5m to £693.1m in FY21 following a reduction in Covid-related…
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News
Mulberry profits to be ahead of expectations
Luxury fashion retailer, the Mulberry Group, has announced its full year revenues and profits are to be “moderately” ahead of…
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Clothing & Shoes
Nike Q3 revenues hit $10.9bn as traffic returns
Nike, Inc. has reported its revenues rose 5% year-on-year from $10.35bn (£7.83bn) to $10.9bn (£8.24bn) in the third quarter (Q3)…
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DIY
ScS posts a £3.6m loss amid supply chain disruptions
Home furnishings retailer ScS has reported a loss before tax of £3.6m during the 26 weeks ended 29 January 2022,…
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DIY
Kingfisher hails ‘record’ year as profits surge 20.9%
Kingfisher has reported “record” revenue and profits for the year ending 31 January 2022 as adjusted pre-tax profits surged 20.9%…
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High Street
Boots bidders to begin discussions this week
Potential new owners of Boots are set to meet with the high street chemist chain’s management this week to discuss…
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Clothing & Shoes
Prada FY21 revenues spike 41% to €3.36bn
Prada S.p.A has reported its revenues increased 41% year-on-year to €3.36bn (£2.82bn) in the full year ending 31 December 2021,…
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Features
How analytics can revolutionise your online business
One side-effect of the pandemic on the retail industry is to accelerate the shift to online, as brick and mortar…
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