Tag: Retail Sector



Marks and Spencer expected to post Poor Christmas Trading Results

Posted on 8 January, 2014 by Kirsten Kennedy under Business News

Last year saw an upturn in consumer confidence as the effects of the economic recovery began to take hold. As a result, many high street chains hoped for a more profitable Christmas trading period than has been seen in the UK for several years, with brands... Read More

John Lewis reveals Ambitious Growth Plans for Next Decade

Posted on 6 January, 2014 by Kirsten Kennedy under Business News

This Christmas, as has been the case for many before, the undisputed champion of the high street was undoubtedly John Lewis. With most of the department store chain’s outlets across the country managing to break store records in the run up to Christmas Day,... Read More

Debenhams Profits Warning Prompts Resignation

Posted on 3 January, 2014 by Cliff Goodwin under Business News

The department store chain Debenhams has suffered its second winter of disastrous trading with poor Christmas sales prompting a £30m drop in pre-tax profits. Analysts had been expecting profits of at least £110m for the six months to April, 2014. But... Read More

The Benefits of Opening on Christmas Day

Posted on 25 December, 2013 by Kirsten Kennedy under Business News

T’was the night before Christmas, and Mum was aflutter, as the milk had gone off and she’d run out of butter. Consumers across the UK today will be thrown into a panic as supermarkets close their doors for a 24 hour period, which in the modern world of... Read More

Christmas pushes West End Sales up by Ten Per Cent

Posted on by Kirsten Kennedy under Business News

Christmas has finally arrived, giving retailers and consumers a much needed rest following the shopping frenzy of the past few weeks. This window of respite has certainly been earned by retailers in the West End in particular, with bosses in the popular... Read More

Money is Most Wanted Christmas Gift this Year

Posted on 23 December, 2013 by Kirsten Kennedy under Economy

With Christmas just around the corner, consumers will be in the midst of a last minute purchasing frenzy aiming to acquire the perfect gift for their friends and family members. However, if you have found yourself in the position of urgently needing to hit... Read More

Small Retailers support Plastic Bag Charge

Posted on 19 December, 2013 by Kirsten Kennedy under Business News

Retailers are now looking for ways to cater to the needs of not only consumers, but the environment too. As well as providing space for recycling bins in car parks and encouraging consumers to re-use their plastic bags, it appears that the majority of small... Read More

Fashion Retailers Slash Prices to Capitalise on Pre-Christmas Rush

Posted on 16 December, 2013 by Kirsten Kennedy under Business News, Economy

In the years before the recession hit, the peak trading period before Christmas was a chance for fashion retailers to increase profit margins and shift huge amounts of stock in preparation for the arrival of new lines during the key Spring/Summer... Read More

Scottish Retail Sales pick up in Lead Up to Christmas

Posted on 15 December, 2013 by Kirsten Kennedy under Business News

Consumer spending across the UK has remained subdued in the past few months, with low confidence leading to small growth throughout the retail industry. However, there have been signs of increased spending in Scotland in the lead up to Christmas, with fashion... Read More

Lidl to Expand UK Store Network

Posted on 5 December, 2013 by Kirsten Kennedy under Business News

The recession may have officially ended several months ago, yet the financial pressure upon UK households still continues to have an impact on consumer spending habits. A new trend, for consumers to actively pursue budget-friendly purchases wherever... Read More