Christmas retail news – Page 64
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DSGi restructures executive team
Electricals retailer DSGi has dramatically overhauled its executive team ahead of revealing what is expected to be its poorest Christmas trading performance since the last recession.
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Tesco market share falls as grocery market grows
The grocery market grew by 6 per cent in the 12 weeks to December 28 but Tesco's market share has fallen 0.6 percentage points compared with a year ago, according to figures from TNS.
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Ideal Shopping beats Christmas expectations
Ideal Shopping Direct enjoyed a better than expected Christmas with like-for-like sales ahead of management expectations.
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M and M Direct festive sales surge 31%
M and M Direct has become the latest online retailer to report a strong Christmas, with sales up 31 per cent in the 10 weeks to January 4.
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Retailers' worst fears not realised as multiples show resilience at Christmas
Retailers were able to muster some new year cheer after notching up robust Christmas performances despite the bloodbath on the high street.
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Signet suffers poor Christmas
US jeweller Signet has said it expects profits to be within market forecasts despite revealing that like-for-like sales slumped over the Christmas period.
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Findel pulls off 'satisfactory' Christmas
Home shopping group Findel has revealed a 4 per cent fall in group sales for the 39 weeks to January 2 – a performance it labelled “satisfactory in the current market”.
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Peacocks posts steady Christmas results
Fast fashion retailer Peacocks has reported a solid Christmas and secured a 20 mililon equity injection from its backers to fund expansion in 2009.
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Majestic Wine sales fall over Christmas
Specialist retailer Majestic Wine suffered a Christmas like-for-like decline as credit crunched business customers cut back on expenses.
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Ted Baker promotions take their toll
Fashion retailer Ted Baker has warned that profits will come in at the low end of expectations as a result of promotions over Christmas.
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Non-food prices fall by sharpest rate for 2 years in December
Widespread discounting by retailers struggling to woo customers in December has led to the sharpest fall in non-food prices for two years.
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Alexon profit forecasts ahead of management expectations
Fashion group Alexon has said that it expects full-year operating profit to exceed management expectations after a robust performance in December.
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Weak boardwear performance to hit Blacks Leisure profits
Blacks Leisure, the outdoor clothing and equipment specialist, has warned that operating profits will not meet market expectations because of its underperforming boardwear division.
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M&S expected to report worst Christmas trading in a decade
The new year will bring little cheer for retailers with Marks & Spencer expected to report its worst Christmas trading performance in a decade.
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Like 4 Like Club reports strong week for non-fashion specialists
BDO Stoy Hayward's Like 4 Like Club has reported a very strong performance by non-fashion retailers in the week to December 28.
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Asda reports strong Christmas
Asda this morning claimed it had enjoyed a strong Christmas, with 1.3 million more shoppers being served in the week before Christmas and a record trading day on December 23.
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Boxing Day footfall up
Boxing Day footfall was up 12.5 per cent this year, compared to Boxing Day last year, according to Experian.
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Tesco to launch £100 million sale on Boxing Day
Tesco is the latest in a long line of retailers to announce its biggest ever sale.
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Shoppers flock to high street in search of last-minute bargains
Retailers can at last enjoy some festive cheer as figures show high street footfall climbed 13.6 per cent on Monday as shoppers flooded the high street to take advantage of discounts.
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Debenhams post-Christmas Sale to be 'biggest ever'
Debenhams has unveiled plans for its biggest ever Sale with thousands of products up to 70 per cent off across its stores.















