Golden quarter news – Page 9
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NewsHalfords issues profit warning as labour shortage bites
Halfords has adjusted its full-year profit outlook despite posting strong revenue growth over Christmas.
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NewsVery sales rise at Christmas as toy and beauty categories do well
Pureplay retailer The Very Group has reported a lift in sales in the run up to Christmas, with strong demand for toys and beauty products in particular.
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NewsTesco wins Christmas sales boost and holds profit outlook
Tesco has reported an uplift in sales over the Christmas period and stuck to its full-year profit guidance.
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NewsMarks & Spencer posts ‘strong Christmas growth’ as food and fashion sales climb
Marks & Spencer has reported that its food business “outperformed” over Christmas and it saw “outstanding” results in clothing and home.
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NewsTopps Tiles delivers strong Christmas performance as trade sales rise
Topps Tiles has posted robust Christmas trading results, thanks to a boost in sales from trade professionals.
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NewsLidl Christmas sales soar as shoppers tighten belts
Lidl attracted more than 1.3 million customers and grew sales by almost 25% in the run-up to Christmas.
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NewsRetailers ‘deeply dishonest’ about January Sale prices
Almost half of products were more expensive at the start of the year than in the latter half of 2022.
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NewsChristmas footfall highest since pandemic as strikes spur shoppers to high street
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
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NewsBoots’ focus on value delivers strong Christmas performance
Boots’ focus on value has paid off this Christmas as it posted an 8.7% increase in like-for-like sales for the three months to November.
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NewsRetailers hope late shopping surge will provide Christmas trading miracle
Retailers remain hopeful that a late shopping surge will help save Christmas trading, despite the cost-of-living crisis and the added complications of rolling strike action.
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NewsJohn Lewis extends delivery window for last-minute Christmas shopping
John Lewis has extended its Christmas delivery and click-and-collect windows to capture sales from last-minute shoppers.
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NewsRail strikes decimate high street recovery as footfall plummets
The second day of rail strikes this week, with the prospect of further action to come in the run-up to Christmas, has set back the recovery of stores and sent high street footfall plummeting.
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NewsBlack Friday sales ‘go gangbusters’ as shoppers splurge on deals
Brits smashed transaction records on Black Friday as cash-strapped consumers splurged on deals despite the cost-of-living crisis.
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NewsCurrys invests in robotic suits to prevent warehouse injuries during festive peak
Currys has splashed out more than £250,000 on a suite of robotic exoskeleton suits to help prevent muscle injuries for warehouse staff handling heavy loads.
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NewsHalf of customers set spending limits for Christmas presents
Half of UK customers are setting themselves spending limits on Christmas presents for children and partners this year as inflation continues to run rampant.
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NewsB&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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NewsRetail sales slow as customers delay spending ahead of Christmas
Retail sales slowed in October as the cost-of-living crisis prompted customers to delay spending ahead of Christmas.
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NewsJohn Lewis launches earliest ever Black Friday campaign
John Lewis has gone live with its Black Friday promotions today (November 4), the earliest launch of the event in the retailer’s history.
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NewsRetailers to splurge record £446m on golden quarter advertising
Retailers are taking their marketing and advertising spending to record levels this golden quarter, as the deepening cost-of-living crisis forces customers to cut discretionary purchases.
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NewsTesco to hire 15,000 temporary staff over Christmas
Grocery giant Tesco has announced plans to hire 15,000 temporary staff for Christmas to help customers over the busy festive period.