Apple sales come to the fore as big tech firms brace for crunch results January 29, 2019 Silicon Valley will be preparing for market instability this week as several members of the so-called Faang grouping gear up to report quarterly results for the recent festive period. Three members of the big tech club – which includes Facebook, Apple, Amazon, Netflix and Google – will publish figures amid rising speculation that their time [...]
Pets at Home share price jumps after posting Christmas sales bounce January 22, 2019 Pets at Home’s share price has jumped more than 11 per cent this afternoon after the firm looked to reassure investors that its restructuring was on track, although it warned of potential stockpiling ahead of Britain’s departure from the EU. The figures In a trading update for the 12 week period from 12 October [...]
Slowdown in retail investment as Brexit uncertainty puts sellers on hold February 19, 2019 Investment in retail property tumbled by several billion pounds last year, as owners of high street stores, retail parks and shopping centres showed a reluctance to sell at discount prices despite uncertainty over Brexit and a swathe of industry-wide pressures. A gap in price expectations between buyers and sellers of retail property is causing a [...]
High street giant Next credits warm Easter weather as sales blast past expectations May 1, 2019 High street bellwether Next welcomed robust sales growth in its latest quarter as revenue beat its own estimates. Read more: Next says 'no evidence' Brexit has hurt sales as profits dip The retailer credited “unusually warm weather” over Easter for the 4.5 per cent year-on-year rise to sales of around £10m. While high street stores [...]
High street giant Next credits warm Easter weather as sales blast past expectations May 1, 2019 High street bellwether Next welcomed robust sales growth in its latest quarter as revenue beat its own estimates. Read more: Next says 'no evidence' Brexit has hurt sales as profits dip The retailer credited “unusually warm weather” over Easter for the 4.5 per cent year-on-year rise to sales of around £10m. While high street stores [...]
What this year’s Christmas adverts can teach us about making a great ad campaign December 17, 2018 With just over a week to go until Christmas Day, the big question is: have you bought all your presents yet? (I haven’t.) If you have, did any of this year’s festive ads sway your opinion? Did Elton John tickling the ivories mean that retailer John Lewis tickled your fancy, or did you feel like doing [...]
UK Prime Minister Theresa May praises Christian values in Christmas address December 24, 2017 Theresa May has called on people to celebrate Christian values this Christmas, and remember people around the world who have been denied religious freedom. The Prime Minister has also praised the members of the armed forces, emergency services, and volunteers doing charity work over Christmas. Read more: Bad news, drivers: Pump prices have hit a [...]
Online sales are set to hit record levels on Black Friday as high street footfall declines November 21, 2018 The proportion of sales made online is likely to hit its highest level ever in November, boosted by a Black Friday internet shopping rush and fewer high street shoppers. Internet sales are expected to exceed 20 per cent of total retail sales for the first time ever this month, according to research by real estate firm [...]
Twitter picks a man named John Lewis as the star of its new Christmas advert November 20, 2018 Every year, a man named John Lewis in Virginia receives over 50,000 tweets intended for UK department store John Lewis and Partners. This year, he's been made the star of Twitter's Christmas advert. Lewis secured the Twitter username @JohnLewis in 2007, and has become known for his witty responses to people who confuse him for [...]
Consumer spending growth falls as festive shopping fails to boost high street December 4, 2018 Consumer spending growth fell year-on-year in November to its lowest level since March as falling confidence continues to impact struggling retailers. Growth in consumer spending was just 3.3 per cent, dragged down by poor sales in the retail sector, according to new figures from Barclaycard. The figure is the lowest since March this year, when [...]