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News-In-Brief
Today’s news in brief-17/1/25
Retail sales in the UK fell by 0.3% in December, disappointing analysts who anticipated a 0.4% rise during the Christmas…
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Economy
Retail sales unexpectedly fall amid ‘poor’ supermarket sales
Retail sales fell 0.3% in December according to the latest figures from the Office for National Statistics. It follows a…
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News-In-Brief
Today’s news in brief-16/1/25
The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This…
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Department Stores
Dunelm revenues rise due to online sales
Dunelm has seen its revenues rise 1.6% to £490m for the 13 weeks ended 28 December, and 2.4% to £894m…
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News-In-Brief
Today’s news in brief-15/1/25
Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the…
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Electrical
Currys raises profit outlook amid ‘strong peak trading’
Currys has revealed that it expects its profit-before-tax to land between £145-155m for the full year, 23-31% ahead of consensus…
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News-In-Brief
Today’s news in brief-14/1/25
JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market…
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Online & Digital
Ocado retail revenues rise 17% amid boost in active customers
Ocado has revealed that its retail revenue rose 17.5% to £715.8m for the 13 weeks ended 1 December 2024. Alongside…
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News-In-Brief
Today’s news in brief-13/1/25
Asda announced a significant overhaul of its operations, cutting 13 regional manager roles and consolidating management of supermarkets and express…
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Supermarkets
Poundland invests in security enhancements
Poundland has announced that it has invested “significantly” in its shop floor security as part of its Against Retail Crime…
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