Christmas retail news – Page 7
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Retailers report spikes in demand as shoppers drag festive spend forward
Anticipated supply issues this festive season are driving consumers to shop earlier this year and forcing retailers to respond. Retail Week looks at how the likes of Tesco, Selfridges and Hotel Chocolat are preparing their supply chains for Christmas coming early.
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Former Tesco boss Dave Lewis picked as supply chain tsar by Johnson
Former Tesco chief executive Sir Dave Lewis has been hand-picked by Boris Johnson to be the government’s new supply chain adviser.
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PM rejects Lord Wolfson’s call for relaxed immigration stance
Prime Minister Boris Johnson has dismissed Next boss Lord Wolfson’s comments on the need for businesses to be allowed to hire more foreign workers to fill labour shortages.
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Tesco raises guidance following 'strong' sales and profit surge
Tesco has raised its full-year profit expectations as boss Ken Murphy said the grocer is “outperforming the market” amid a sales uplift and profit spike.
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Sainsbury’s launches Christmas recruitment drive for 22,000 jobs
Sainsbury’s is creating 22,000 new seasonal roles to deal with increased demand in its “biggest ever Christmas recruitment drive”.
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Aldi boss promises ‘business as usual’ at Christmas despite driver shortage
Aldi boss Giles Hurley has promised customers it will be “business as usual” over the festive period despite the ongoing squeeze on supply chains being caused by the chronic lack of HGV drivers.
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‘Ten days to save Christmas’ as HGV driver shortage batters supply
Retailers have issued a stark warning to the government that it has just 10 days to save Christmas amid the ongoing lorry driver shortage.
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‘No need for Christmas panic buying’ Tesco boss tells shoppers
Tesco chair John Allan has sought to reassure consumers that there is no need to panic buy, following fears of product shortages this Christmas.
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Co-op boss warns of Christmas shortages as supply chain crisis boils over
Co-op boss Steve Murrells has warned customers will face some availability issues over Christmas, as the retailer battles to contain ongoing wider supply chain problems.
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Sainsbury’s latest to close all stores on Boxing Day
Sainsbury’s has said that it will close all its supermarkets, convenience stores and petrol stations on December 26th, to reward staff for their hard work across what has been another year marked by the pandemic.
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Government must ‘get a handle’ on supply chain disruption, experts warn
Business leaders have called on the government to “get a handle” on Britain’s supply chain crisis as fears mount that some food production may have to move out of the UK.
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Retailers warn of Christmas supply disruption amid worker shortages
Retail leaders have urged the UK government to tackle ongoing worker shortages as fears mount over supply chain disruption this Christmas.
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Marks & Spencer to keep all stores closed on Boxing Day
Marks & Spencer will keep all 1,000 of its UK and Ireland stores closed on Boxing Day this year to give staff more time to spend with their loved ones.
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Retailers warn of Christmas stock crisis as Chinese port closes
The closure of a Chinese port has exacerbated the shipping crisis, meaning stock may be in short supply this festive season.
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Morrisons to shut all stores on Boxing Day
Supermarket giant Morrisons will shut all of its nearly 500 stores over Boxing Day to reward the hard work of its more than 110,000 frontline staff this year.
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Entertainer boss warns of Christmas shortages due to shipping ‘crisis’
The Entertainer founder and executive chair Gary Grant has told Retail Week pent-up shipping demand will impact product availability this Christmas.
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M&S to open new dotcom warehouse for ‘more digital future’
Marks & Spencer is to add an online warehouse to its Bradford distribution centre as it gears up for a “more digital future”.
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Poundland records festive sales uptick
Poundland parent company PepCo has reported an uplift in first-quarter revenue boosted by the introduction of new price points and product lines.
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Feelunique hails strong golden quarter as retail and marketplace sales soar
Pureplay cosmetics brand Feelunique has reported strong sales growth across its direct retail and marketplace channels over the Christmas period.
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Eve Sleep losses narrow after record festive sales
Eve Sleep has reported strong sales for 2020 including record Black Friday and Boxing Day events.