Christmas retail news – Page 73
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Supermarkets brace for record Christmas week
Supermarkets without adequate stock to cope with unprecedented consumer demand at Christmas will lose sales to competitors.
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Festive shopping rush to come late
UK shoppers are forecast to spend nearly 30 per cent more in the week before Christmas than last year, but the spending may be too late for many retailers.
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John Lewis sales up 7.4 per cent
John Lewis sales rose again this week, up 7.4 per cent year on year between Sunday and Wednesday this week.
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Retail Week Conference – Book before this Friday and save up to £150
Speakers confirmed for the event, which is taking place on 12th – 13th March 2008 at the Hilton London Metropole, include John Lewis’ Chairman Charlie Mayfield, Carphone Warehouse’s CEO Charles Dunstone and Alliance Boots’ Chairman Stefano Pessina. The Early Bird deadline for the Retail Week Conference 2008 (RWC08) ends on ...
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John Lewis bullish on Christmas after top week
John Lewis has forecast record Christmas sales after the department store registered its biggest ever weekly sales.
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Today to smash online shopping record
Today is expected to be a record shopping day online, with sales forecast to reach 370 million, treble a usual day’s rate.
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Browett vows to put customers first at DSGi
Incoming DSGi group chief executive John Browett has vowed to pursue a customer-centric strategy and re-energise the electricals giant as he took the helm this week.
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Argos hit by Irish strike in key Christmas period
Catalogue store group Argos has been hit by strike action at its Republic of Ireland division at the height of the Christmas trading period.
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Poor performance stokes retailers’ fears of dire Christmas
Expectations of a tough Christmas trading period were intensified this week by awful trading statements and gloomy economic data.
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Asda staff net £12 million Christmas bonus
Asda has got into the festive spirit this Christmas by investing 12 million in a thank you present to its staff, including a 20 gift card to spend in stores.
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Heavy discounting lifts UK retail sales
UK retail sales in November improved marginally on the previous month, but came in well below the monthly average for both 2006 and 2007 to date.
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JD profits to soar, but sales growth slowing
JD Sports has revealed it expects profits to exceed market expectations despite a marked slowdown in sales growth over the past seven weeks.
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Traffic-free Oxford Street takes more than £100 million
Retailers in London’s West-end raked in more than 100 million on Saturday, as more than 1 million shoppers took to the streets to celebrate a traffic-free shopping event.
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John Lewis sales still growing
John Lewis reported a 9.3 per cent sales uplift week on week and 4.5 per cent year on year for the week to Saturday December 1.
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HMV gears up for biggest ever Christmas drive
Entertainment giant HMV is to launch its biggest ever Christmas campaign next month, with its first entirely self-funded TV and magazine ad push.
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Toy prices set to soar as China crisis hits supply
Toy prices are expected to increase by more than 30 per cent next year, while the delays in stock coming out of China could mean some bestsellers are in short supply.
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John Lewis sales continue to climb
John Lewis has reported a 4.6 per cent increase in year-on-year sales from Sunday to Wednesday, driven by sales of outdoor clothing and Christmas ranges.
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Retailers will need late rush to save Christmas
High street sales are continuing to grow, but retailers will need a late Christmas rush if hopes for a strong performance are to materialise, according to the CBI's latest Distributive Trades Survey.
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Thanksgiving e-tail high gives US Yuletide hope
US retailers are banking on online sales to rescue Christmas after shoppers lapped up e-tail promotions over the critical Thanksgiving weekend last week.