Golden quarter news – Page 7
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Supermarket 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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Christmas 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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Black 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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Black 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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UK 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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Online 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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Shop 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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Tesco 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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Amazon 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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Watch: 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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Retail 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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Railway station retail gathers pace over Christmas
Retailers in UK train stations enjoyed an increase in festive sales, despite the turbulent wider trading environment.
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Debenhams suffers festive sales slide
Debenhams has suffered a slide in Christmas sales but insisted it remains “on track” to meet full-year expectations.