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...
sales decline
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...
WH Smith Faces £226 Million Loss Amidst Pandemic Challenges
WH Smith reports a pre-tax loss of £226 million for the 12 months ending August 31, down from a...