Golden quarter news – Page 12
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NewsMarks & Spencer spotlights extended returns ahead of uncertain Christmas
Marks & Spencer is promoting its extended returns policy as retail’s golden quarter kicks off in unsettled trading conditions.
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NewsVery Group set up for ‘very strong’ Christmas, says boss Birch
The Very Group’s chief executive Henry Birch says the combination of the etailer’s credit offering and fulfilment capabilities set it up for bumper Christmas trading.
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NewsJohn Lewis opens virtual Christmas shop for first time
Department store group John lewis has opened a Christmas shop on its website for the first time.
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NewsHalfords maintains profit guidance after ‘solid’ festive sales
Halfords has maintained its full-year profit guidance after clocking up a “solid” sales performance during the golden quarter.
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NewsChristmas footfall fell as Black Friday bought trading forward
Retail footfall declined in December as Black Friday and Cyber Monday sales in November brought Christmas trading forward.
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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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NewsDunelm hails ‘particularly strong’ Christmas results
Dunelm has registered increased sales and profits during the crucial golden quarter.
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NewsBRC: 2019 was ‘worst year on record’ for retail sales
Total sales for 2019 were the “worst on record” as the retail sector limped to the end of the year when Black Friday distortions were taken into account.
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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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NewsChristmas spend forecast to slip despite Black Friday uplift
Black Friday sales confounded expectations as the post-payday discount bonanza delivered sales and footfall uplifts, but festive spend is still forecast to be in decline.
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NewsBlack Friday sales rise 16.5% and Cyber Monday transactions climb
Black Friday sales advanced 16.5% by value and shoppers are continuing to spend on Cyber Monday, the latest payment data has revealed.
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NewsBlack Friday footfall to slump as low consumer confidence bites
Retailers hoping for a bright start to the golden quarter are set to be disappointed as Black Friday footfall is expected to be driven down by low consumer confidence across the UK.
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NewsUK Christmas shopping budgets to increase as customers return to stores
UK consumers intend to spend an average of £6 more on Christmas this year and would prefer to buy gifts and food in-store, according to new research from Deloitte.
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NewsOnline sales during Black Friday will be lowest ever, says IMRG
IMRG has given its “lowest Black Friday forecast” for online sales ever ahead of the major discounting event.
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NewsShop prices fall for fifth consecutive month, spurred by grocery
The rate of falling shop prices slowed in October as the inflation of ambient grocery products rose ahead of the 12-month average.
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NewsTesco boss Lewis warns of ‘challenging’ October Brexit
Tesco boss Dave Lewis has warned that leaving the EU in October would be “much more challenging” for retailers than the previously planned March Brexit.
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NewsAmazon toasts record Christmas but sales growth is slowing
Amazon posted record sales and profits in the Golden Quarter, but it forecast lower-than-expected first-quarter sales, sparking fears growth is slowing.
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NewsWatch: As 70,000 retail jobs go, where is the uproar?
This week, the team discuss the news that there were 70,000 fewer retail jobs over the golden quarter compared to the previous year, and what this trend means for the sector.
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NewsRetail jobs decline by 70,000 during golden quarter
The retail industry shed 70,000 jobs in the fourth quarter of last year compared to the same period in 2017, new figures have revealed.
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NewsRailway station retail gathers pace over Christmas
Retailers in UK train stations enjoyed an increase in festive sales, despite the turbulent wider trading environment.