Search Results for: retail sales
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Economy
Sunak delays debate for online sales tax until autumn
Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to impose a UK online sales tax…
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Comment
Why retail success depends on clean customer address data
The pivot to online shopping during the pandemic has opened a valuable revenue stream for many retailers. However, to stay…
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Features
A look at what an online sales tax means for businesses
In last year’s Business Rates Review: Call for Evidence, Jesse Norman MP, financial secretary to the Treasury, said the government…
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Clothing & Shoes
Inditex profits fall to €1.1bn despite strong online sales
Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m)…
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Sport & Leisure
Adidas reports strong finish to 2020 but warns of Reebok sales hit
Adidas has reported a “strong finish” to 2020, however warned that its profits may be impacted by its decision to…
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High Street
Sales fall 3.1% in Feb despite record online sales
Shuttered high street shops contributed to a 3.1% decline in total like-for-like sales in February but fashion and homeware helped…
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Clothing & Shoes
Abercrombie and Fitch sales fall 5% in Q4
Abercrombie and Fitch has announced that net sales in the fourth quarter ended 31 January, 2021 slumped by 5% to…
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Supermarkets
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to…
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Clothing & Shoes
TK Maxx owner sees 10% sales slide due to lockdown
TJX Companies, the parent company of TK Maxx, has reported a 10.7% drop in FY21 net sales to $32.1bn (£22.6bn),…
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