Tag Archives: Christmas trading

Debenhams reports challenging Christmas trading period

Department store Debenhams has revealed its Christmas trading was disappointing and has warned that annual profits will fall below expectations as a result. Analysts had been expecting annual profits to be about £83m, but following its Christmas performance the retailer has now said should the current “competitive and volatile environment” continue, the underlying pre-tax profits

OPINION: What can retailers expect from Christmas 2017?

Retailers across the UK are wondering what’s in store for Christmas 2017. A period of consumer uncertainty influenced by the political economic impacts of Brexit – devaluation of the pound against the Euro and Dollar, National Living Wage increases, Apprenticeship Levy, and the rising costs from business rate increases, has put a great deal of

Sparse Black Friday footfall continues into first week of Christmas trading

Black Friday wash out continues into the first week of Christmas trading as footfall across all retail destinations rises only marginally week on week. According to the latest data from retail intelligence experts Springboard, footfall for the week commencing November 27 across UK high Streets, shopping centres and out of town retail parks only rose

Big ticket items set for festive boost

Consumers’ confidence in purchasing big ticket items has increased ahead of Christmas, retail experts reveal. According to the GfK Consumer Confidence Index, despite overall confidence being down this year, there has been an increase in shoppers willing to buy high-value items, suggesting that while consumers are nervous about the wider economic environment, they are not

British spending to dramatically drop this Christmas

UK households are set to spend 23% of their disposable income during the festive season this year, a 16% decrease from last year. According to the Ferratum Group’s Christmas Barometer 2016, the largest international Christmas survey of its kind, this leaves Brits far behind the highest Christmas spenders in Germany (31% of disposable household income),