Christmas retail news
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Jollyes lands record-breaking Christmas as sales 'continue to fly'
Jollyes saw like-for-like sales spike in the crucial Christmas trading period, as shoppers chose to treat their pets despite financial pressures.
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Virgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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Retailer pain from volume hit to December sales, ONS reports
Retail sales advanced by value in December but volume slid, official data shows.
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N Brown ‘confident’ in strategy despite dip in sales
Fashion group N Brown, which owns Simply Be, Jacamo and JD Williams, has said it is “confident” in its strategic direction for the year ahead, despite posting a dip in sales in its third quarter.
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Currys upgrades profit guidance despite sales slip
Currys expects full-year profits to exceed consensus expectations following a “successful peak trading period”.
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Dunelm holds firm on outlook despite surging sales
Dunelm has refused to nudge up full-year profit expectations despite hailing “strong sales growth” in the first half of the year.
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Pepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
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Losses deepen at The Works as Christmas fails to deliver
The Works has reported deepening losses as cash-strapped customers prioritised food and essentials over gifts at Christmas.
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Superdrug sales surge as market share grows
Superdrug has reported a surge in sales driven by affordable pricing and uptake in members-only deals as customers continue to battle the cost-of-living crisis and inflation in the run-up to Christmas.
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Battersea Power Station sales soar as Christmas boosts footfall
Battersea Power Station has reported a strong second Christmas as sales at the destination soared year on year and December proved to be its busiest of 2023.
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Marks & Spencer sales rise across food and clothing
Marks & Spencer has posted a sales rise across its food, clothing and home categories over the Christmas period.
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Tesco upgrades profit guidance after ‘stronger performance than expected’
Tesco has upgraded its full-year profit guidance and said continued investments in its customer offer have resulted in a “stronger trading performance than anticipated”.
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ProCook wary of Red Sea impact as Christmas trading breaks even
While ProCook said Christmas trading was in line with expectations, it remains wary of the macroeconomic environment and the impact of ongoing geopolitical supply chain issues.
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Greggs sales soar driven by digital channels and extended trading hours
Greggs reported a surge in sales helped by the growing popularity of the brand and ”greater availability through digital channels and extended trading hours.”
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Sainsbury’s sales rise as grocery volumes grow
Sainsbury’s grocery volumes increase for the fourth consecutive Christmas reflecting “great value and service” and a “positive customer response” to the grocer’s first-ever Nectar Price Christmas.
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B&M sales rise on back of strong general merchandise volume
Value group B&M has reported an increase in sales over the third quarter.
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Majestic raises glass to ‘best-ever Christmas’
The UK’s largest specialist wine retailer, Majestic, has toasted its “best-ever Christmas” performance, with sales jumping by 8.1% over the period.
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Lidl reports record-breaking Christmas
Lidl has reported a record-breaking Christmas trading period, as sales of its Deluxe own-brand products flew off the shelves.
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November sales boost reflects ‘tactical’ spending ahead of Christmas
Retail sales increased in November, helped by Black Friday and “increased spending in the run-up to Christmas each year”, according to the Office for National Statistics (ONS).
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Retail hopes rest on big Christmas weekend ahead of ‘new year’s chill’
Retailers are holding out hope for a last big weekend of trading ahead of Christmas Day, despite the economic outlook being decidedly gloomy.