Christmas retail news
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Supermarket sales growth slows as election approaches
Supermarket sales growth slowed as the UK geared up for its first December election since 1923, according to the latest figures from Kantar.
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Christmas spend forecast to slip despite Black Friday uplift
Black Friday sales confounded expectations as the post-payday discount bonanza delivered sales and footfall uplifts, but festive spend is still forecast to be in decline.
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Black Friday boosts sales in ‘strong’ November, say BRC-KPMG
The latest BRC-KPMG sales figures registered a welcome boost for retailers in November.
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Shop prices fall in run-up to Christmas trading
Shop prices fell in November for the sixth consecutive month, as the BRC hopes for a positive impact on Christmas trading.
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UK Christmas shopping budgets to increase as customers return to stores
UK consumers intend to spend an average of £6 more on Christmas this year and would prefer to buy gifts and food in-store, according to new research from Deloitte.
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Market share growth slows as grocers gear up for Christmas
The grocery market saw growth slow over the last 12 weeks, as supermarkets across the UK began to gear up for the festive period.
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Lovehoney unveils first bricks-and-mortar pop-up
Lovehoney has launched its first physical pop-up store in London in a bid to “experiment” with educating customers about their sexual happiness offline.
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Argos warns shoppers about possible Brexit price rises
General merchandise giant Argos has cautioned customers that Brexit uncertainty may lead to higher prices.
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Poundland to move from ‘single’ to ‘simple’ pricing at all stores
Poundland is rolling out its ‘simple’ price proposition across its 840-strong store estate following a successful trial.
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Brexit fears threaten to put brakes on Christmas spending
Christmas spending is forecast to be lacklustre as concerns about Brexit weigh on shoppers.
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Retail braced for ‘worst Christmas since Woolworths collapsed’
Retail is bracing itself for the toughest Christmas in a decade as Brexit uncertainty, high property taxes and deep discounting grip the market just two weeks into the golden quarter.
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Debenhams wins £50m backing to fund peak trading
Department store group Debenhams has secured an additional £50m of funding that will enable it to trade at full-tilt over the vital Christmas period, Retail Week can reveal.
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Iceland to launch ‘plastic free Christmas’ range
Iceland is to unveil a dedicated plastic-free Christmas range for the golden quarter as it seeks to drive forward the retail industry’s sustainability agenda.
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The Works celebrates ‘successful year’ as revenues soar
The Works has cautioned full-year profits would come in at the lower end of expectations despite hailing a “successful year” of sales growth.
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New Look profits spike amid third quarter sales fillip
New Look has registered an increase in sales during the crucial Christmas quarter as the business hailed “continued progress” with its turnaround plan.
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With Paperchase in crisis, is stationery at a standstill?
As Paperchase holds a crunch meeting with creditors to secure support for its restructuring plan, Retail Week asks whether there’s trouble on the cards for the whole stationery sector.
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The Body Shop to turn stores into ‘activist hubs’
The Body Shop is turning its stores into “activist hubs” in a bid to attract more customers into its high street branches.
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Online sales grew at slowest-ever rate in December
Online retail sales suffered their lowest-ever rate of growth in December, new figures have revealed.
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Mountain Warehouse Christmas sales climb
Mountain Warehouse is on track to post its largest ever full-year profit after sales climbed during the crucial Christmas trading period.
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Agenda: Dixons Carphone, Joules and WHSmith Christmas updates
Retail Week looks ahead to the next seven days with Christmas updates from Dixons, Burberry, Joules, WHSmith and Pets at Home all on the agenda.