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Fortnum & Mason boasts 22% December sales jolt

Friday 13 January 2017 - Posted by Ben Stevens

Promising UK Christmas sales continue as Fortnum & Mason release record trading results for the period. In the five weeks to January 1 the heritage department store posted a 16 per cent rise in like-for-like sales, encouraged by an online boost of 22 per cent which contributed...

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Primark sees 11% sales jolt

Thursday 12 January 2017 - Posted by Ben Stevens

Budget fashion retailer Primark adds to today's stream of positive Christmas retail sales updates, posting huge sales boosts from the devalued pound. Parent company Associated British Foods (ABF) said Primark saw an 11 per cent jolt in sales over the Christmas period, or 22 pe...

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Debenhams' beauty & gift ranges aid healthy growth

Thursday 12 January 2017 - Posted by Ben Stevens

Debenhams is the latest big retailer to report a bumper Christmas period, as a huge swell in beauty and gift items uplifted its figures. A rise in non-clothing sales which accounted for 57 per cent of overall sales, aided an overall like-for-like sales growth of 3.5 per cent i...

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Tesco continues turnaround with 1.8% growth

Thursday 12 January 2017 - Posted by Ben Stevens

The latest high -rofile Christmas trading update sees Tesco emerge as a front runner, solidifying results earlier this week that showed its market share had grown. In the six weeks to January 7 the grocer’s like-for-like sales inched up by 0.7 per cent, aiding a 1.8 per cent r...

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House of Fraser welcomes "record sales figures"

Wednesday 11 January 2017 - Posted by Ben Stevens

House of Fraser's Christmas trading update has revealed record sales amid a troubled quarter. In the six weeks to December 31 the department store chain posted a 2.7 per cent rise in like-for-like sales alongside a gross margin growth of one per cent. According to the retailer...

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Ted Baker's profits surge by nearly 20%

Wednesday 11 January 2017 - Posted by Ben Stevens

Ted Baker has released its Christmas trading results, reporting skyrocketing sales amid a struggling fashion sector. In the eight weeks to January 7 the fashion retail chain recorded a 17.9 per cent rise in sales. This follows a 20 per cent rise in its last quarterly update. C...

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Morrisons reports best sales in 7 years

Tuesday 10 January 2017 - Posted by Ben Stevens

Morrisons has posted its best performance in over seven years as its Christmas trading update reveals a 2.9 per cent boost in like-for-like sales. As a result, the grocer has raised its profit outlook, boosting its pre-tax profit to between £330 million and £340 million, up ne...

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UK high streets endure a rough Christmas

Friday 06 January 2017 - Posted by Ben Stevens

This Christmas saw high streets in the UK endure a disappointing festive trading season, with underlying sales down 0.1 per cent on 2015 — making it the worst trading month since 2008. New figures from consultancy firm BDO have revealed that this December’s sales fell for the ...

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The Fragrance Shop sells 80,000 bottles as last minute gifts

Wednesday 04 January 2017 - Posted by Ben Stevens

The Fragrance Shop has posted successful figures for the festive period, as shoppers turn to luxury brands for gifts. In the six weeks to December 31 the perfume retailer posted a like-for-like sales jump of 6.8 per cent, while total sales climbed 12.6 per cent from last year....

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Retail stocks drag down FTSE 100 after Next trading update

Wednesday 04 January 2017 - Posted by Ben Stevens

Retail stocks dominate the worst performing of the index in the first few days of the new year, as poor predictions from key retailers prevented the FTSE 100 from reaching record highs. This morning’s results from Next sparked fallout in the FTSE 100 as it posted predictions o...