Christmas retail news – Page 15
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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.
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Sales value and volume up in December, ONS reports
Retail sales rose both by value and volume year on year in December, the latest retail data from the Office for National Statistics shows.
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Sofa.com seeks quick sale as losses mount
Online furniture retailer Sofa.com has drafted in KPMG to find a potential buyer within weeks.
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N Brown sales fall as power brands fail to drive growth
N Brown sales were down over the festive period with its power brands failing to boost the group’s dismal performance.
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Game sales fall over Christmas as it rolls out arenas
Game’s UK sales fell over the Christmas period with its Spanish business outperforming its British arm.
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Primark sales up but like-for-likes dip
Primark sales rose 4% over the festive period but like-for-likes fell slightly.
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Seasalt sales soar over festive period
Seasalt has reported a “record year” after a sales increase of 35% in the five weeks to January 5.
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Shop Direct toasts ‘record’ Christmas sales
Shop Direct has hailed a “record” Christmas performance as its largest retail brand, Very, powered the group’s performance.
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JD Sports targets ‘upper end’ of profit guidance
JD Sports is on track to register earnings “at the upper end” of market expectations after hailing “further significant progress” during the Christmas trading period.
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Fortnum & Mason hails 'record-breaking' Christmas
Fortnum & Mason has hailed a “record-breaking” Christmas after posting double-digit growth across all its channels