Modest Retail Sales Growth in August Amidst Challenges
In August, UK retail sales grew by a modest 2.9% compared to the same month last year, according to...
online sales
Asda Reports Sales and Profit Growth Despite Failed Merger with Sainsbury’s
Asda reports increased full-year sales and profits despite failed merger with Sainsbury's, citing growth from targeted price investments, improved...
UK Retail Crisis: 16% of Shops Empty as Online Sales Surge
A staggering 16% of UK retail outlets sit empty, according to corporate restructuring advisor Duff and Phelps, with over...
The Works FY19 Revenues Surge 13.2% Amidst Challenging Retail Environment
The Works, a stationery retailer, reports a 13.2% increase in revenues for the 52 weeks ended April 29th, with...
Superdrug Reports Lower Profits but Maintains Market Share Growth
Superdrug, a health and beauty retailer, reported a pre-tax profit of £88.3 million for 2018, down from £92.9 million...
Asda Sales Dip After Failed Merger with Sainsbury’s
Asda's sales have dropped due to an "incredibly challenging backdrop," including the scuppered merger plans with Sainsbury's by the...
Yours Clothing Reports 87% Profit Increase and Expansion Plans
Yours Clothing, a discount clothing retailer, reports an impressive 87% increase in full-year pre-tax profits to £12.4 million. Sales...
UK Retail Sales Growth Slows Amid Easter Distortion and Online Shift
Despite a 4.1% increase in total retail sales compared to last year's 3.1% decrease, April's numbers were below expectations...
Retail Sector Loses 74,400 Jobs in Q1 Due to Technological Shifts and Online Sales
In the first quarter of this year, the retail industry experienced a 2.4% drop in employees compared to last...
Card Factory Profits Drop Amid Stagnant Sales, Online Surge
Card Factory's profits before tax dropped by 8.3% to £66.6m due to stagnated like-for-like sales and decreased footfall in...