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retail sales

  • Wickes: Brits still holding back on big-ticket items as DIY goods preferred

    July 31, 2024

    Wickes reported a mixed set of results for the half of the year, with consumers still unwilling to spend on big-ticket items but happy to buy DIY retail goods. Overall group sales fell by 3.4 per cent in the 26 weeks to June 29 at the London-listed company. Revenue in the second quarter fell by [...]

  • Hammerson: Shopping centre giant hit with £500m loss after selling stake in Bicester Village

    July 25, 2024

    British shopping centre giant Hammerson has taken a £500m loss on the £1.5bn deal to sell its share in the company behind Bicester Village, according to just-filed documents.

  • Retail sales slump despite higher real wages

    July 19, 2024

    Retail sales fell faster than expected with department stores particularly badly hit.

  • H&M shares dive after warning ‘unstable’ weather will hit sales

    June 27, 2024

    Swedish fashion retailer H&M reported an increase in revenue in the second quarter of this year, but warned that sales for June are likely to be impacted by poor weather. 

  • Mr Kipling owner Premier Foods hikes dividend as profit booms

    May 16, 2024

    Mr Kipling owner Premier Foods has been boosted by increased demand for its products.

  • Next: High street bellwether beats market expectations yet again

    May 1, 2024

    Next said that it has projected post-tax earnings per share growth of 4.8 per cent for the year.

  • Primark owner ABF raises dividend as markets ‘return to normality’

    April 23, 2024

    Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March. 

  • Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers

    April 22, 2024

    The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.

  • Fashion brand loved by celebrities and known for £110 t-shirts to open second store in Soho

    April 15, 2024

    REVOLUTION, a luxury British street wear brand founded by brothers George and Michael Heaton in 2011, have just one other bricks and mortar store which is located in Los Angeles. 

  • Has Tesco benefited from people trading down?

    April 10, 2024

    Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers. 

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