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Economy
Consumer spending drops further in December with 1% decline
Consumer spending continued to fall in the month of December with a 1% decline, according to Visa’s UK Consumer Spending…
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Comment
Three retail predictions that didn’t happen in 2018 – but might in 2019
Today, customers are fortunate enough to have a wide variety of options to choose from when shopping online. However, this…
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Clothing & Shoes
Boohoo raises revenue forecasts amid sales surge
Online fashion retailer Boohoo has raised its revenue guidance for the year after group sales surged 44% to £328.2m in…
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High Street
Footfall drops for 13th consecutive month in December
Footfall declined for the 13th consecutive month in December, despite heavy discounting by retailers during the festive period. Overall footfall…
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Supermarkets
Tesco and M&S stockpile tinned food in prep for Brexit
Tesco and Marks and Spencer have announced they are stockpiling long-life foods in preparation of a no-deal Brexit. The ‘big…
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Supermarkets
Tesco reports strong sales over Christmas period
Tesco has beaten City forecasts with a 2.6% increase in like-for-like sales over the six week period ending 5 January.…
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Supermarkets
Sainsbury’s Q3 sales decline 1.1% due to ‘cautious’ customers
Sainsbury’s has reported a 1.1% decline in like-for-like sales during its third quarter which it has attributed to “cautious customer…
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Comment
Turning marginal into massive gains for retailers
No-one talks about retail in terms of online and offline anymore. The word omnichannel entered and left our parlance with…
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Clothing & Shoes
Joules continues to defy retail gloom over festive period
Joules has continued to defy the retail gloom with an 11.7% sales increase over the festive period. During the seven…
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High Street
Dunelm posts 9% revenue surge over festive period
Homeware retailer Dunelm has posted a 9% increase in total like-for-like revenues during the 13-week period ending 29 December, including…
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