Christmas retail news – Page 59
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NewsChristmas sales soar at Matalan
Value fashion and homewares group Matalan has hailed an “impressive” Christmas performance and expects continued growth.
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NewsSignet UK sales decline slows
Anglo-American jewellery retailer Signet has reported like-for-like sales for its UK operations down 0.8% in the nine weeks to January 2, and 2.2% down on the 48 weeks to the same date.
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NewsDebenhams Christmas like-for-likes up 0.1%
Debenhams has reported like-for-like sales up 0.1% for the 18 weeks to January 2 and warned that the economic environment remains uncertain.
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NewsTopps Tiles signals return of consumer confidence after strong first quarter
Topps Tiles said that its current financial year has started well with like-for-like sales in the UK up 5.5% in the 14 weeks to January 3.
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NewsDunelm cautious despite strong first half
Value homewares group Dunelm has posted strong Christmas trading but warned of toughening conditions to come.
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NewsGame like-for-likes slump after disappointing Christmas
Game Group has reported UK and Ireland like-for-like sales slumped by 17.5% after a disappointing Christmas performance.
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NewsRetail sales growth in December hits a four year high
UK retail sales growth in December grew 4.2% on a like-for-like basis, making it the best December retailers have experienced in four years.
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NewsHamleys toasts Christmas cheer
Toy retailer Hamleys has reported record Christmas trading, with like-for-like sales up 11.6% in the six week period to January 2, 2010 compared with the same period the previous year.
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NewsSales at Dune soar to beat management expectations
Footwear retailer the Dune Group, which comprises the Dune chain and the former Shoe Studio Group fascias, recorded a 17.4% rise in like-for-like sales over the Christmas period.
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NewsPoundland festive like-for-likes up 4.4%
Poundland has reported shoppers’ continued flight to value over Christmas with like-for-like sales from the five weeks to January 3 up 4.4%.
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NewsStrong Christmas brings cheer to House of Fraser
House of Fraser said like-for-like sales over the eight weeks to January 2 rose 7.1%.
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NewsCo-op reports Christmas like-for-likes up 5%
The Co-operative Group has reported a strong Christmas, with like-for-like sales up 5% including VAT and excluding fuel in the three weeks to January 2.
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NewsPeacocks celebrates ‘cracking’ Christmas
Value fashion group Peacocks reported “cracking” Christmas trading, boosted by the success of Pearl Lowe for Peacocks dresses.
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NewsBlacks Leisure mulls equity issue as sales start to improve
Blacks Leisure is considering an equity fundraising of between £15m and £20m as sales in its second half began to improve on the back of its restructuring.
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NewsBrightHouse enjoys strong festive sales
Rent-to-own electricals and furniture retailer BrightHouse has reported a strong Christmas with like-for-like sales up 9% in the 13 weeks to December 24.
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NewsSpar festive total sales jump 10.3%
Convenience store chain Spar has reported total sales from December 14 to date up 10.3%.
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NewsInnovative product drives strong Christmas for Ted Baker
Fashion group Ted Baker has posted a 19.1% increase in retail sales over Christmas and attributed the performance to its innovative product.
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NewsCity warns festive wins could reveal last of ‘low-hanging fruit’
Upgrades of general retailers are likely following some better than anticipated Christmas updates, but analysts are advising investors to pick stocks carefully.
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NewsMajestic Wine toasts 11.7% Christmas boost
Halving its minimum order size helped Majestic Wine to a strong Christmas, with UK like-for-like sales up 11.7% for the nine weeks to January 4.
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NewsFood price war intensifies as grocers ramp up cuts for 2010
Grocers have kicked off the new year with an intense price war, signalling a year of even tougher competition in the food sector.