John Lewis Reports £99m H1 Loss Amid Inflationary Pressures
John Lewis reports a £99 million loss for H1 FY22 due to reduced customer spending and increased costs, while...
sales decline
TK Maxx Owner TJX Companies Reports Decreased Sales Amid Inflation Impact
TK Maxx owner, The TJX Companies, reports a 2% drop in net sales for Q2 Fiscal 2023 at $11.8bn...
Joules Anticipates Significant Loss Amid Weak Trading and Warm Summer
Joules, a British lifestyle brand, warns it will report a significant full-year loss due to rising inflation and weak...
Sainsbury’s Sales Decline Amidst Intensifying Household Budget Pressure
Sainsbury's reports a 4% drop in first-quarter like-for-like sales, citing increased pressure on household budgets. Despite this, grocery performance...
Gear4music Sales Decline Amid Post-Brexit Struggles
In a recent announcement, Gear4music reported a 8% drop in total sales for the first half of this year,...
Fenwick’s Losses Widen Amid Declining Sales
In a recent announcement, department store chain Fenwick reported a significant increase in losses, reaching £112 million during the...
Gerry Weber’s Sales Plummet 23.4% in H1 FY21
In the first half of fiscal year 2021, women's fashion brand Gerry Weber experienced a significant drop in sales,...
The Works Experiences 19% Sales Decline Amid Store Closures
In a recent report by The Works, it was revealed that the company experienced a significant 19% decline in...
Burberry Reports Strategic Progress Amidst Sales Decline
Burberry reports strong strategic progress despite a 9% sales drop in Q3, citing reduced markdowns and lower tourist traffic...
Record-Breaking Decline in British Retail Sales in 2020
British retailers faced one of their worst years on record for sales growth, with total sales declining 0.3% compared...