Golden quarter news – Page 2
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NewsNovember sales boost reflects ‘tactical’ spending ahead of Christmas
Retail sales increased in November, helped by Black Friday and “increased spending in the run-up to Christmas each year”, according to the Office for National Statistics (ONS).
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NewsUK consumer confidence ‘firmly in negative territory’ despite rise
UK consumer confidence had a “modest improvement” as it rose two points in December but remained “firmly in negative territory” as the cost-of-living crisis continues.
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NewsCurrys boss Baldock optimistic about Christmas as customers ‘treat themselves’
Currys chief executive Alex Baldock said customers have been “treating themselves” this year and he was positive about the festive season.
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NewsProCook boss expects profit to break even as it plans return to growth
ProCook chief executive Lee Tappenden has said he is “cautiously optimistic” about Christmas trading following a strengthened Black Friday performance.
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NewsProCook shows strong golden quarter trading
ProCook losses have improved, but the retailer is still in the red despite outperforming the market over Black Friday and the early part of Christmas trading.
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NewsSuperdrug launches early Sale ahead of Christmas
Superdrug has announced early reductions on Christmas gifting ahead of January as it commits to making the holiday more affordable and accessible to customers.
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NewsGrocery sales to hit £13bn for first time in December
Grocery sales are expected to surpass £13bn for the first time this December as “the scene is set for record-breaking spend through the supermarket tills this Christmas”.
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NewsAldi invests £12m in slashing prices on 180 Christmas products
Aldi has announced a £12m investment on prices, lowering the cost of 180 Christmas products by an average of 20%.
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NewsLidl predicts ‘record-breaking Christmas’ as customers stock up early
Lidl expects a “record-breaking Christmas” trading period, with footfall to stores jumping 11% in the past six weeks.
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NewsBoost in sales of toys and electricals as Black Friday footfall soars
Retailers have reported customers flocking for deals on toys and electricals ahead of Christmas as Black Friday footfall numbers surged across much of the country.
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NewsMore shoppers targeting Black Friday deals for Christmas shopping
More than four times the number of shoppers plan to do the majority of their Christmas shopping this Black Friday weekend this year compared to 2022.
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NewsRetail reliant on strong Black Friday after slow start to festive season
The retail sector is pinning its hopes on strong performance over the Black Friday weekend after a disappointing start to the festive trading season in terms of ecommerce performance.
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NewsWHSmith boss optimistic for festive season as ‘Christmas always comes’
WHSmith chief executive Carl Cowling has said its high street stores are “set up” for an increase in footfall over Christmas.
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NewsCurrys research reveals boom in secondhand tech
Research by electricals giant Currys reveals that 36% of Brits are likely to purchase secondhand tech while shopping on Black Friday and for Christmas.
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NewsSuperdrug rolls out Black Friday offers to loyalty card members
Superdrug has launched a range of Black Friday offers with early access for its Health and Beautycard members.
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NewsExclusive: Rituals to open 25 stores next year as it expands UK footprint
Rituals will be opening 25 stores next year and 10 new stores before the end of 2023 as it targets rapid expansion in the UK and Ireland, Retail Week can reveal.
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NewsH&M profits plummet due to departure from Russia and rising costs
H&M has blamed its plummeting profits on “negative external factors” including one-time costs as a result of winding down trading in Russia, Belarus and Ukraine, as well as its cost and efficiency programme.
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NewsCrew Clothing ends year of growth with ‘strong Christmas trading’
Crew Clothing has ended a year of consistent growth with a strong Christmas performance driven by customers returning to stores over the festive season.
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NewsThe Works eyes growth following bumper Christmas despite deepening losses
The Works has predicted a growth in profit for the year following a bumper Christmas period, despite losses deepening in the first half.
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NewsDecember retail sales rise but volumes fall as cost of living hits consumers
Retail sales rose by value in December 2022 but volume was down, official data has shown.