Footfall drops in December despite Christmas shopping

Posted today - 07:00am |
Money Matters

The figures make ‘undeniably strong evidence that retailers can no longer rely on Christmas trading to redeem revenue’

Norcros to buy South African plumbing company

Posted yesterday - 15:34pm |
Money Matters

The group looks set to acquire Johannesburg-headquartered House of Plumbing for around £12.1m

‘Worst Christmas for retail since 2008,’ says BRC

Posted Tuesday |
Money Matters

The organisation said this means a ‘challenging start to 2019’ for retailers

Revenue increase for AO World in Q3 2019

Posted Friday |
Money Matters

UK revenue was up by 4.4%, with the group reporting a ‘positive response’ from customers on Black Friday

Deflation on non-food shop prices slows

Posted 10th January |
Money Matters

‘December’s shop price figures underline how tough conditions are in the retail industry,’ said Helen Dickinson

Topps Tiles sees drop in revenue in Q1 2018-19

Posted 9th January |
Money Matters

The group said its priorities remain ‘profitable sales growth and tight control of costs’

Fletcher Building sells Formica Group to Broadview

Posted 18th Dec 2018 |
Money Matters

The laminate manufacturer’s new owner has combined sales of around €700m as well as 2,900 staff

Footfall declines ‘significantly’ in November 2018

Posted 14th Dec 2018 |
Money Matters

The ‘Black Friday effect’ of driving more shopping online during the period is becoming longer, the BRC noted

Mild shop price inflation returns in November

Posted 7th Dec 2018 |
Money Matters

However, prices remained almost unchanged last month, meaning good news for consumers in the Christmas run-up

Travis Perkins to sell plumbing and heating division

Posted 4th Dec 2018 |
Money Matters

The group said it will focus on trade customers and capitalise on Wickes’ advantages in the DIY and KBB markets

Online retailers thrive on Black Friday 2018

Posted 30th Nov 2018 |
Money Matters

Overall footfall declined by 5.4% on the national shopping day this year compared with Black Friday last year

Topps Tiles issues Brexit warning as profits drop

Posted 27th Nov 2018 |
Money Matters

The company said it will begin stockpiling its ‘key selling lines’ ahead of the UK leaving the EU in March 2019

Canburg files for administration due to economic uncertainty

Posted 26th Nov 2018 |
Money Matters

The Smallbone of Devizes owner has reportedly filed a notice of intention to appoint Grant Thornton as administrator

Black Friday footfall expected to drop this year

Posted 23rd Nov 2018 |
Money Matters

Consumers are ‘abandoning’ the high street and heading online to buy products this year, Springboard said

Kingfisher sees drop in B&Q sales in Q3 2018

Posted 21st Nov 2018 |
Money Matters

The group noted that the closure of B&Q’s installation service earlier this year has affected sales


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