high street retailers news and archive

High street retailers fail to connect with changing consumers this Christmas

The majority of high street fashion retailers suffered through a damp Christmas trading period this season as seen with Marks & Spencer, which reported its worst season for fashion sales to date and Next, which revealed a 0.5 percent decline in sales in the run up to the festive day. Whilst many try to blame the changes in weather, data analysis...

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Insolvency risks shadows Christmas sales for UK high street

Warmer weather, tumbling economy, sluggish consumer’s confidence recovery, poorer-than-expected Christmas sales…all adds up to the shadows pending on British high street retailers’ figures for the festive period. Market insiders recall how a year ago, there were many retailers forced to shut down right after the Christmas period, due to the...