Pubs enjoy bumper December despite rail disruption January 9, 2024 Brits heading out to Christmas parties helped drive spending in bars and pubs higher by 7.9 per cent in December despite rail strikes.
Missguided: Sales documents sent to private equity firms as fashion giants circle retailer May 3, 2022 Fast fashion firm Missguided is reportedly wooing potential buyers as the retailer faces an uncertain future. According to the Daily Mail, the Manchester-based firm has recruited consultants to work on a deal, with the possibility of an agreement being inked this month. Names reportedly in the running include Asos, Shein, Mike Ashley’s Frasers Group and [...]
Tesco sales rise as falling inflation fuels grocery shopping splurge June 14, 2024 Supermarket giant Tesco has reported another strong period of growth.
UK retail sales: Coronavirus triggers worst month on record April 3, 2020 UK retail sales plummeted to the worst levels on record in March as footfall plunged and non-essential stores were forced to close amid the coronavirus pandemic. Like-for-like UK retail sales at physical stores fell by a record 34.1 per cent and total like-for-like sales, both in-store and online combined, fell 17.9 per cent. Lifestyle and [...]
Wickes plots expansion in home solar energy market after slight profit boost in 2023 March 19, 2024 Pretax profit in 2023 was slightly higher than 2022, rising to £41.1m from £40.3m.
UK recession risk grows as new figures suggest economy has flatlined since March December 22, 2023 According to the Office for National Statistics (ONS) the UK economy contracted by 0.1 per cent in the three months to September
Boots sales surpass pre-Covid levels as city centres spring back to life October 13, 2022 Boots’ retail sales have exceeded pre-Covid levels for the fourth quarter, thanks to rebounding footfall in city centres. Retail sales were up 15.2 per cent on a like-for-like basis, with stores near transport hubs seeing a particular resurgence. Warm weather and a return of travel abroad also buoyed sales, with store transactions up more than [...]
Savers sees profit jump after cutting hundreds of jobs July 8, 2024 Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.
Ocado retail sales surge 40 per cent in second quarter on stockpiling May 6, 2020 Ocado retail sales have jumped 40 per cent year on year after ramping up capacity to meet delivery demand amid shopper stockpiling during the coronavirus crisis. The online supermarket, which stopped accepting new customers for its delivery service amid the stockpiling craze at the start of the UK lockdown, today said that trend has now [...]
UK retail sales crash a record 18.1 per cent in April lockdown May 22, 2020 UK retail sales plunged by a record 18.1 per cent during April’s lockdown, data showed today, with clothing sales halving compared to March. Sales of clothes crashed 50.2 per cent compared to March, while retail sales fell almost four times as badly as March’s 5.2 per cent fall, Office for National Statistics (ONS) data found. [...]