Tag: Sales figures



Muddled Retail Statistics reveal little about Strength of Recovery

Posted on 28 July, 2014 by Kirsten Kennedy under Economy

In recent months a wealth of statistics has been used to demonstrate improving conditions on the high street. The fact that much of this evidence appears contradictory only adds to the feeling that the retail recovery remains subject to sharp turns and sudden... Read More

Sainsburys reports Second Consecutive Quarter of Falling Sales

Posted on 11 June, 2014 by Kirsten Kennedy under Business News

Sainsbury’s has become the latest retailer to post a negative report for the past three months, marking the second consecutive quarter of falling sales for the group. During the 12 weeks to the 7th of June, like for like sales excluding fuel fell by... Read More

Furniture and Flooring boost Easter Retail Sales

Posted on 14 May, 2014 by Kirsten Kennedy under Business News, Economy

The retail industry is currently benefiting from a number of improvements in the UK economy, with a drop in inflation and a climb in real wage growth combining to encourage a lift in consumer spending. This saw sales rise strongly over Easter, with furniture... Read More

Scottish Retail Sales outperform UK Average in Mixed Bag of Results

Posted on 3 February, 2014 by Kirsten Kennedy under Economy

Although the economy has largely picked up and allowed industries such as manufacturing and retail to flourish, certain regions of the UK have continued to underperform due to weaknesses in the local economy. Yet it appears that the final quarter of 2013... Read More

New Look Posts Strong Sales Report

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

The beautiful weather which kicked off this summer season came as a huge relief to retailers, for whom the washout summer of 2012 remained a very real, unpleasant memory. Coinciding with an upturn in Britain’s economic forecasts, the sunshine saw consumers... Read More

Cold Snap Warms the High Street

Posted on 6 November, 2012 by Neil Bird under Economy

The collapse of Comet on Friday provides a stark reminder that, despite an improving economic outlook, the climate remains frosty for retailers. This year has seen a crop of leading high street names entering administration. These include JJB Sports, Clinton... Read More

Argos to Close 75 Stores as Focus Shifts to Online Retailing

Posted on 27 October, 2012 by Kirsten Kennedy under Business News

The creation of online shopping has had a huge impact on traditional high street stores, with many consumers now choosing to purchase items from the comfort of their own homes rather than venturing out to battle queues, crowds and wet weather. As a result,... Read More