Tag: Retail Sector



Changing Consumer Habits Revealed by Carrier Bag Statistics

Posted on 23 July, 2013 by Kirsten Kennedy under Business News

UK consumers have been forced to change their usual shopping habits as a result of the recession. Luxuries have had to be cut back on, budgets now have to be stuck to rigidly and, perhaps most significantly, the “big weekly shop” has become something of a... Read More

Sports Direct Posts Results of Record Year

Posted on by Kirsten Kennedy under Business News

Sports Direct has become something of an unstoppable force in the UK, with majority shareholder Mike Ashley steadily building an empire on the bones of collapsed rival chains such as JJB Sports. It is hardly surprising, then, that the past year has proven to... Read More

Mothercare Releases Positive First Quarter Results

Posted on 22 July, 2013 by Kirsten Kennedy under Business News

While no retailers can be said to have coasted through the recession unscathed, Mothercare suffered particularly at the hands of the economic downturn. Online competition from e-tailers such as Amazon and the ever-expanding market for baby clothing from... Read More

Thorntons Reports Sales Rise after String of Profit Warnings

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

The retail industry has experienced a significant boost during the current heatwave, with DIY stores, garden centres and supermarkets particularly enjoying their moment in the sun. However, the hot weather has not yielded hugely positive results for all... Read More

Leap in Profits Welcomed by Superdry

Posted on 14 July, 2013 by Kirsten Kennedy under Business News

The recession took a heavy toll on retailers, with both high street brands and luxury labels struggling to keep their heads above water. However, with the economy slowly recovering, many of these firms are now experiencing a welcome return to form as... Read More

Supermarket Shopping to be Transformed by New Technologies

Posted on by Kirsten Kennedy under Business News

Internet shopping has had a huge effect on the way consumers do their weekly grocery shop, with an ever-increasing number turning to online ordering in a bid to beat the crowds. Britain’s number one chain, Tesco, now offers a plethora of ways to buy both... Read More

Strong Menswear Sales help Burberry Return to Profit

Posted on 12 July, 2013 by Kirsten Kennedy under Business News

During the global financial crisis, consumers were forced to tighten their belts and cut down on non-essentials. This had a huge impact on luxury brands including Mulberry and Burberry, who tend to perform well in overall UK sales yet saw a huge reduction in... Read More

Strong Food Sales offset Clothing Drop at Marks and Spencer

Posted on 10 July, 2013 by Kirsten Kennedy under Business News

Marks & Spencer (M&S) was once the pinnacle of British retailing, known for providing value for money and forward-thinking style in its popular clothing line. However, in recent years the chain has seemed unable to click with customers in the way it... Read More

Heatwave Raises Retail Temperatures

Posted on by Kirsten Kennedy under Business News

The recent hot weather has seen consumers flock to their nearest supermarkets and DIY stores in earnest to make the most of the summer. Memories of last summer, when cloud and rain kept the majority of British people indoors, have ensured that the public is... Read More

Private Equity Firms Join Battle for Card Factory

Posted on 8 July, 2013 by Kirsten Kennedy under Business News

Recovery in the retail industry is beginning to gather momentum; although five high street chains entered into administration last week, results are showing that on the whole consumers are once more beginning to spend in earnest. However, retail is still... Read More