CMJ suppliers had a bumper run up to Christmas, with the majority reporting a rise in sales compared to last year.
Independent jewellers report a shift in consumer attitudes towards customer service and social media
The Company of Master Jewellers has revealed the results of its annual Christmas trading survey.
Shops suffer worst Christmas in a decade, says BRC
New figures reveal the UK retail sector experienced little festive cheer in 2018.
Selfridges posts upbeat sales for Christmas trading season
Selfridges has bucked the trend for falling sales across the high street by recording a 10% rise in revenue over the Christmas period. The luxury retailer said the final week of its festive trading season, which covers the four weeks leading up to December 25, saw a particularly strong increase in sales, climbing 15% on the…
Same day delivery and unique products drive 30% sales surge for ASOS
Online fashion retail ASOS has reported a 30% increase in sales for the last trading period following the launch of new business initiatives. The retailer’s sales saw a £790m boost in the final four months of 2017, compared with the same period the year before. The sales increase has, in part, been attributed to the…
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),…
