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Economy
Inflation unexpectedly falls to 2.5% in December
The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in December, dipping for the first…
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High Street
Card Factory revenues rise 4.7% over Xmas period
Card Factory has revealed that total revenues rose by 4.7% in line with expectations in November and December, thanks to…
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High Street
Majestic hails successful festive sales performance
Majestic has reported a 1.9% rise in total sales during the six-week period to 30 December 2024, beating its previous…
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Department Stores
US retailer Macy’s to shutter 66 department stores
US department store group Macy’s has confirmed this week the closure of 66 of its non-go-forward store locations. News of…
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Entertainment
Hornby sales rise by 7% in Q3
International models and collectibles group, Hornby, has seen its sales rise 7% for the third quarter to 31 December 2024. …
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Economy
BRC warns of 2025 headwinds despite lower Xmas inflation
Consumers benefited from lower inflation for the week to 7 December 2024, according to the latest BRC-Nielsen IQ Shop Price…
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High Street
Seasalt Cornwall sales jump by 10% over Xmas season
Seasalt Cornwall has reported that total sales rose by 10% across its website, physical stores, marketplace partners and wholesale channels…
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High Street
Mamas and Papas to open more stores after ‘record’ festive sales
High street nursery brand, Mamas and Papas, has seen its sales across stores, online and wholesale channels rise by a…
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People Moves
Former Coles chief executive to join Kingfisher board
Kingfisher has announced the appointment of former Coles CEO in Australia, Ian McLeod, to its board of directors as a…
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Clothing & Shoes
New Look to speed up planned closures ahead of tax changes
New Look is reportedly set to permanently shutter roughly a quarter of its 364 stores when leases expire, putting some…
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