Christmas trading period news and archive

FeaturedMember
Business|ANALYSIS

M&S clothing sales rebound during Christmas trading period

London - The tide finally seems to be changing for struggling high street department store Marks & Spencer, as the group saw its apparel and homeware sales returned to black. M&S reported a 2.3 percent growth in clothing and homeware sales over the Christmas trading period, the first time in two years the ailing division reported a like-for-like...

loading...

Member
Business

​Next's Simon Wolfson requests more transparency concerning Brexit

London - Lord Simon Wolfson, the chief executive of Next, has called on the government to explain its Brexit strategy, as he believes its would be "helpful" for retailers to have a clearer idea of what the core principles of the plan are. Lord Wolfson, who was in favour of leaving the EU before the national referendum last June, previously...

loading...

FeaturedMember
Business|ANALYSIS

Next shares drop following 'disappointing' Christmas

London - Next’s shares have fallen more than 10 percent this morning after the UK high street retailer announced its profits are likely to sit at the lower end of estimate following a “difficult” Christmas. The retail was unable to lure in sufficient consumers over the festive season to boost its Christmas trading period sales and reported a 1.1...

loading...

Featured
Retail

UK shoppers flock to shopping centres for Boxing Day sales

Although many UK consumers chose to eschew the lure of the high street in the week following Christmas, many flocked to offered warmth of the shopping centre to cash in on the much awaited Boxing Day sales. According to Hammerson's Retail Tracker (HART), which monitors sales activity and data from over 850 retail units across Hammerson's UK...

loading...