Trading On Track At Moonpig
Online greeting cards and gift retailer Moonpig has stated that trading in its current financial year (to 30 April) has remained in line with...
JLP More Positive On Outlook After Returning To Profit
The John Lewis Partnership (JLP) has reported a return to annual profit due to higher sales in its supermarket business and cost savings, with...
New Retail Spend Barometer Offers Insights On FMCG and T&D Sectors
Consumer spending in the UK on FMCG and Tech & Durables products (T&D) rose by 5% last year to £281.5bn. This increase was driven...
Poundland Launching TV Advertising Campaign To Push New Grocery And GM...
Poundland will launch a national TV advertising campaign tomorrow to highlight the new clothing, homewares, and grocery ranges it has recently been rolling out...
Wilko And Other Closures Leave 5,000 Fewer Stores
There was a rise in new outlets opened by UK chains last year, dominated by coffee drive-throughs, bubble tea shops and fast food restaurants,...
JLP Set To Report Return To Profit But Still No Bonus...
Annual results released by the John Lewis Partnership (JLP) on Thursday are expected to show that profits at the supermarket and department store operator...
Elliott Advisors Abandons Attempt To Acquire Currys
US investment group Elliott Advisors has stated that it does not intend to make another offer for Currys after “multiple” attempts to engage with...
M&S Confirms Departure Of Co-CEO
Responding to press reports yesterday, Marks & Spencer has announced that its joint Chief Executive, Katie Bickerstaffe, will leave the business after its AGM...
Wettest February On Record Dampens Retail Sales
The latest BRC-KPMG Retail Sales Monitor shows February was a particularly tough month for retailers, with record levels of rain keeping many people at...
Consumer Card Spending At Lowest Level Since 2022; Consumers Want Government...
Data from Barclays shows consumer credit and debit card spending grew only 1.9% year-on-year last month – significantly lower than the latest inflation rate...
