Christmas retail news – Page 17
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NewsN Brown blames profit warning on ‘highly promotional market’
N Brown has issued a profit warning following tough trading conditions and declining revenue from its financial services arm.
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NewsPrimark steals market share as sales increase
Primark has registered increased sales during the Christmas period as it continues to expand its store footprint.
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NewsThe Works profits fall as boss Keaney steps down
The Works posted a fall in half-year profits as it was revealed that chief executive Kevin Keaney is stepping down with immediate effect.
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NewsDobbies sales soar during ‘strong’ Christmas trading period
Dobbies has registered soaring sales and increased like for likes during the crucial golden quarter.
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NewsBoohoo sales rocket over Christmas
Online fashion specialist Boohoo has posted a strong Christmas sales performance.
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NewsChristmas footfall fell as Black Friday bought trading forward
Retail footfall declined in December as Black Friday and Cyber Monday sales in November brought Christmas trading forward.
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NewsHolland & Barrett sales rise in ‘early stages’ of transformation
Holland & Barrett has posted a jump in festive sales as its clean beauty and vitamins categories drove growth.
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NewsLidl Christmas sales soar as non-food bucks sector trend
Lidl saw sales soar over the Christmas period as customer footfall increased and its general merchandise offering bucked the wider downward trend.
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NewsB&M books Christmas sales uplift despite ‘difficult’ retail backdrop
B&M has recorded an uplift in sales over the festive period, although boss Simon Arora says the value retailer posted “a slower performance than anticipated.”
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NewsJD Sports reports Christmas sales rise bolstered by international
JD Sports has said that it has posted like-for-like sales growth across its retail portfolio despite “widely reported challenges” in the UK market.
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NewsFortnum & Mason delivers ‘excellent’ Christmas results as sales spike
Fortnum & Mason has delivered what it called an “excellent” set of Christmas results, with all sales channels experiencing growth.
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NewsTesco’s Lewis blames price cuts and promotions for ‘subdued’ market
Tesco boss Dave Lewis has blamed the “subdued” Christmas grocery market on widespread promotional activity and heavy investments in price, rather than the fragile consumer backdrop.
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NewsCard Factory warns on profits after weak Christmas
Card Factory has slashed expectations for the year to come and its financial year ending January 2021 following a “softer than anticipated Christmas trading period”.
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NewsJohn Lewis boss Paula Nickolds exits and Christmas sales fall
Total sales at John Lewis department stores and sister grocery specialist Waitrose slipped over Christmas and longstanding director Paula Nickolds is to leave.
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NewsNaked Wines hails ‘good performance’ over Christmas as Gormley departs
Naked Wines has reported it had a “good performance” over Christmas with strong underlying revenue growth, as its founder and chief executive retires with immediate effect.
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NewsDunelm hails ‘particularly strong’ Christmas results
Dunelm has registered increased sales and profits during the crucial golden quarter.
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NewsTesco sales inch up as it hails growth in ‘subdued UK market’
Tesco has reported slight increases in both total and like-for-like sales and a fifth consecutive Christmas of growth in what it described as a “subdued UK market”.
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NewsSainsbury’s boss Coupe to tackle ailing toys and gaming sales
Sainsbury’s boss Mike Coupe has hinted that the retailer could reduce its exposure to the challenged toys and gaming categories following a turbulent Christmas.
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NewsShoe Zone suffers profit fall after tough year
Shoe Zone has posted a fall in annual profits and hit out at the burden of business rates.
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NewsGreggs celebrates strong end to ‘exceptional year’ with staff pay-out
Food-on-the-go specialist Greggs has posted a strong fourth-quarter performance and full-year profit will be ahead of expectations.