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Aldi expected to overtake Co-op as 5th largest supermarket

Monday 06 February 2017 - Posted by Ben Stevens

Aldi is set to overtake Co-op and become the UK’s fifth largest grocery store, meaning only the Big 4 grocers hold more market share. New figures from Kantar Worldpanel’s Grocery Market Share index are due this week, with strong Christmas sales at the German discounter leading...

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January retail sales the worst in 34 years

Thursday 26 January 2017 - Posted by Ben Stevens

Retail sales took a dive in January, posting the sharpest one-month decline since 1983. Data released today by the Confederation of British Industry (CBI) indicates that monthly retail sales fell from 35 points to minus eight points this month. This falls way under economists’...

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Dixons Carphone boast Christmas sales boost

Tuesday 24 January 2017 - Posted by Ben Stevens

Dixons Carphone has posted its fifth consecutive year of growth over the Christmas trading period, boosted by major sales days. Group sales for the electricals retailer rose by eight per cent in the 10 weeks to January 7, with UK like-for-like sales up six per cent and overall...

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N Brown brands post double digit Christmas sales

Thursday 19 January 2017 - Posted by Ben Stevens

N Brown Group has reported stellar sales over the Christmas period with its key brands posting double digit growth. The Jacamo, JD Williams and Simply Be owner saw an overall sales increase of 4.1 per cent, while retail sales rose 5.9 per cent in the 18 weeks to December 31. A...

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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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Asian Dollars: Are price rises imminent for UK retailers?

Thursday 24 September 2015 - Posted by Philip Gallagher

Analysts have warned that shoppers could face price increases of up to 10% on items manufactured in Asia. Mari Shor, an Investment Analyst at Columbia Threadneedle, said: “Most mid-market suppliers source their goods in Asia in Dollars but six to nine months later they sell th...