Retail sales continue to fall as consumers remain wary

Posted yesterday - 08:00am |
Money Matters

‘The continued risk of a no-deal Brexit is harming consumer confidence,’ said BRC CEO Helen Dickinson

Shop prices slide back into deflation

Posted Friday |
Money Matters

June’s figure was ‘driven by the sharp decline in non-food prices’, the BRC said

Private equity firm leads £3m investment in DigitalBridge

Posted 8th July |
Money Matters

The kitchen and bathroom design platform will use the fresh capital to venture into the US market

Topps Tiles sees 3.8% LFL sales rise in Q3 2019

Posted 4th July |
Money Matters

The company noted that its ongoing ‘Out-specialising the specialists’ strategy ‘continues to deliver strong results’

Norcros marks 10th consecutive year of growth

Posted 28th June |
Money Matters

Merlyn, Abode and Triton achieved increases in revenue, while Croydex, Vado and Johnson Tiles struggled

Footfall ‘plummets’ in retail locations across the UK

Posted 18th June |
Money Matters

Colder weather and economic uncertainty ‘made many consumers think twice before heading out to the shops’, said the BRC

Furniture sales drive shop price inflation in May

Posted 13th June |
Money Matters

However, deep deflation in other categories, including electricals, put ‘downward pressure’ on non-food prices

Topps Tiles lauds ‘resilient’ H1 2019 performance despite slip in profits

Posted 21st May |
Money Matters

Pre-tax profit fell by 18.8% in the period, while revenue declined by 0.2% year-on-year

Retail vacancies hit highest rate in four years

Posted 17th May |
Money Matters

‘Empty shopfronts, particularly for larger stores, can deter shoppers from an area, decreasing footfall’

Kingfisher sales bounce back in Q1 after tough 2018

Posted 15th May |
Money Matters

The group will be launching new ranges in surfaces, bathrooms and kitchens this year

Furniture sales bolstered by Easter weekend

Posted 15th May |
Money Matters

However, April’s figures were ‘positively distorted’ by the timing of the run-up to Easter, the BRC noted

Shop price growth slows in April, says BRC

Posted 9th May |
Money Matters

There was a significant pick-up in promotional activity last month, with the number of discounted products doubling

Wickes bounces back in Q1 2019 following difficult 2018

Posted 8th May |
Money Matters

The Travis Perkins brand saw growth in its kitchen and bathroom sales after being ‘hard hit’ last year

Norcros sees 2.4% LFL revenue rise in 2018

Posted 25th April |
Money Matters

However, overall like-for-like revenue in the UK declined by 0.2%, the group added

Topps Tiles buys majority stake in Strata Tiles

Posted 18th April |
Money Matters

The company has the option to acquire the remaining 20% stake in the Guildford supplier based on performance over the next two years

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