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Mintel predicts Christmas cracker for UK retail About 8 years ago

Research firm Mintel has said that as many as one in five Brits plan to shop more online this Christmas, boosting total retail sales by a predicted 2.5%. Richard Perks, director of retail research at Mintel, said: “The economic background for consumers continues to be favourable. Real incomes are rising and...

Nordic Bakery joins refreshed Seven Dials lineup About 8 years ago

Nordic Bakery, the Scandinavian cafe, is to open a branch in London’s Seven Dials district, joining a host of new signings. The brand is the latest signing to the area, following the opening of cult bakery and cookery school Bread Ahead and street food-style restaurant Chick ‘n’ Sours. Miisa Mink, co-owner of...

Hotel Chocolat sales soar 12% as it prepares for Christmas About 8 years ago

It has been revealed that Hotel Chocolat is preparing for its most lucrative Christmas to date. Figures show that sales increased 12% to £91.1 million in the year to 26th June, with pre-tax profits almost tripling. Commenting, the company said: "We see an increasing trend that consumers want uncompromisingly delicious and hedonistic...

Travis Perkins plan to close 30 stores About 8 years ago

DIY retailer Travis Perkins has announced that it plans to close over 30 stores which could affect 600 employees. The announcement came about as the company, who own Wickes and Toolstation and employ 28,000 employees, reported its plans as it cautioned over its full-year results, saying underlying earnings were “slightly” lower...

John Lewis sales increase 8.5% About 8 years ago

Department store John Lewis saw its sales rise 8.5% year-on-year last week, which was driven by the continuing cooler weather. Figures show that electricals and home technology sales increased 19.5% due to new product launches, whilst audio and connected home products saw the largest rise at 28.1%, with Nest devices being...

Burberry second quarter sales grow 30% About 8 years ago

Fashion brand Burberry has reported it has exceeded its second quarter sales as it logged a 30% increase in sales in the UK alone. Burberry said the increase is due to positive trading in Europe and a "significant out performance in the UK", driven via tourists coming to London to take...

Christmas expected to be good for retailers About 8 years ago

According to reports, retailers are expected to have a good Christmas despite the Brits holding back on spending after the Brexit. An analysis conducted by Fung Global Retail & Technology has shown that the “Brexit bounce” is looking to enhance holiday spending by 3.5% year-on-year, however it could rise 4% if...

ASOS report a 26% increase for full year sales About 8 years ago

It has been revealed that online retailer ASOS has reported its retail sales increased 26% to £1.4 billion for the year to 31st August, which was helped by product, further price investments and delivery improvements. Figures show that UK retail sales grew 27%, the US increased 50% and the EU increased...

Retail footfall falls 0.9% in September About 8 years ago

Figures reveal that retail footfall decreased 0.9% year-on-year in September. The British Retail Consortium and Springboard’s monthly footfall monitor suggests that high street footfall dropped 0.5%, despite two months of progress including a 1.1% rise in August. Other figures show that footfall in shopping centres decreased 2.5%, whilst footfall in retail parks...

Wickes first in its sector to offer one hour delivery service About 8 years ago

DIY retailer Wickes has revealed that it has partnered with On The Dot to provide its new one-hour delivery service, making it the first in its sector. The new service, Wickes Hourly offers deliveries nationwide and will be available every day of the week for a minimum cost of £9.95 as...

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