Christmas retail news – Page 19
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NewsJD Sports reports Christmas sales rise bolstered by international
JD Sports has said that it has posted like-for-like sales growth across its retail portfolio despite “widely reported challenges” in the UK market.
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NewsFortnum & Mason delivers ‘excellent’ Christmas results as sales spike
Fortnum & Mason has delivered what it called an “excellent” set of Christmas results, with all sales channels experiencing growth.
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NewsTesco’s Lewis blames price cuts and promotions for ‘subdued’ market
Tesco boss Dave Lewis has blamed the “subdued” Christmas grocery market on widespread promotional activity and heavy investments in price, rather than the fragile consumer backdrop.
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NewsCard Factory warns on profits after weak Christmas
Card Factory has slashed expectations for the year to come and its financial year ending January 2021 following a “softer than anticipated Christmas trading period”.
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NewsJohn Lewis boss Paula Nickolds exits and Christmas sales fall
Total sales at John Lewis department stores and sister grocery specialist Waitrose slipped over Christmas and longstanding director Paula Nickolds is to leave.
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NewsNaked Wines hails ‘good performance’ over Christmas as Gormley departs
Naked Wines has reported it had a “good performance” over Christmas with strong underlying revenue growth, as its founder and chief executive retires with immediate effect.
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NewsDunelm hails ‘particularly strong’ Christmas results
Dunelm has registered increased sales and profits during the crucial golden quarter.
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NewsTesco sales inch up as it hails growth in ‘subdued UK market’
Tesco has reported slight increases in both total and like-for-like sales and a fifth consecutive Christmas of growth in what it described as a “subdued UK market”.
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NewsSainsbury’s boss Coupe to tackle ailing toys and gaming sales
Sainsbury’s boss Mike Coupe has hinted that the retailer could reduce its exposure to the challenged toys and gaming categories following a turbulent Christmas.
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NewsShoe Zone suffers profit fall after tough year
Shoe Zone has posted a fall in annual profits and hit out at the burden of business rates.
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NewsGreggs celebrates strong end to ‘exceptional year’ with staff pay-out
Food-on-the-go specialist Greggs has posted a strong fourth-quarter performance and full-year profit will be ahead of expectations.
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NewsSainsbury’s sales edge down over Christmas as general merchandise hit
Sainsbury’s has reported a fall in sales over the Christmas quarter, when strong food sales were undermined by a decline in general merchandise.
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NewsSupermarket sales fall flat as golden quarter fails to fizz
Supermarket sales growth for the 2019 golden quarter was the slowest since 2015 as a decline in the sale of traditional festive staples and a political hangover hit food retailers.
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NewsMorrisons ‘missed’ Black Friday halo effect at Christmas, says Potts
Morrisons boss David Potts admitted the grocer “missed” the halo effect of holding a Black Friday promotion before Christmas after rowing back from the discount frenzy.
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NewsMajestic Wine toasts ‘impressive performance’ during festive period
Majestic Wine has posted an uptick in sales during the festive period following a “year of uncertainty”.
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NewsMorrisons posts falling sales during ‘unusually challenging’ Christmas
Morrisons has registered declining like-for-like and total sales during the crucial Christmas trading period.
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NewsAldi hails ‘strong’ Christmas as sales pass £1bn
Aldi has toasted a spike in Christmas sales as it wooed “more customers than ever before” during the festive period.
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NewsWaterstones posts flat Christmas after ‘nerve-wracking’ peak period
Waterstones registered flat – although better than expected – Christmas sales, chief executive James Daunt has told Retail Week.
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NewsNext edges up profit guidance as Christmas sales beat expectations
Next has recorded an increase in full-price sales over the festive period ahead of internal expectations, spurred by online, and has upped its full-year guidance as a result.
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NewsRetail discounts deepen in December in bid to lure shoppers
Shop prices fell in December as non-food prices dropped significantly below the 12-month average for the fifth consecutive month.