Kingfisher profits slump as UK DIY boom fades
Owner Kingfisher reports a sharp 22.5% drop in half-year profits as post-pandemic demand for home improvement shrinks, with sales falling across its B&Q and Screwfix chains.
Category : Search result: retail sales
Hamburger Helper Sales Slump: A UK Recession Warning
A sharp decline in sales of the popular meal kit Hamburger Helper is being interpreted by economists as a significant warning sign of an impending UK recession, as households cut back on discretionary spending.
Warm Weather Boosts UK Retail Sales by 1.2% in September
Great Britain's retail sector enjoyed a significant boost in September as unseasonably warm weather drove consumers to purchase summer clothing, with sales volumes rising 1.2% according to the Office for National Statistics.
UK Consumer Confidence Stagnates at -22, GfK Reports
British consumer confidence remains stuck at a deeply negative -22 in January, as high living costs and a bleak economic outlook continue to weigh heavily on household sentiment, according to the latest long-running GfK survey.
UK's Best & Worst High Streets Revealed
Exclusive research by the Mirror names Westminster as Britain's top shopping destination, while Blackburn faces a stark struggle. Discover the full ranking and what it means for your local high street.
FTSE 100 Tumbles as UK Economy Shrinks, Recession Fears Mount
The UK's FTSE 100 index faces a sharp sell-off as official data confirms a 0.3% economic contraction in the final quarter of 2023, fuelling investor anxiety over a potential recession.
M&S Womenswear Revival Sparks Autumn Sales Surge
Marks & Spencer's strategic womenswear overhaul delivers a dramatic sales surge, defying tough retail conditions and sparking the retailer's most promising autumn in years.
Kmart's Global Takeover: The Aussie Retail Giant's Next Move
The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.
US Shoppers Defy Recession Fears with Surprise Spending Spree
New data reveals a stunning paradox in the US economy: consumer spending soars to a six-month high despite deepening recession anxieties and soaring inflation. Discover the sectors booming against the odds.
Tesla Model Y Set to Be Europe's Best-Selling Car for 2024
Tesla's electric Model Y is poised to dethrone traditional petrol cars as Europe's best-selling vehicle in 2024, marking a historic shift towards electric mobility according to new industry data.
BrewDog's 'Punk' Ethos Fades as Sales Growth Stalls
An in-depth look at the challenges facing BrewDog as sales growth stalls, staff are laid off, and industry experts question if the craft beer pioneer's rebellious image has run its course.
M&S Profits Surge 58% in Spectacular Turnaround
Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.
Inditex Sales and Profits Surge Despite Economic Pressures
Fashion giant Inditex, the parent company of Zara, posts a 7% surge in sales and a 13% jump in profits, defying inflation and demonstrating the resilience of its business model.
Primark Profits Soar as Shoppers Return to High Streets
Primark's parent company, ABF, reports a significant surge in sales and profits, driven by post-pandemic demand and new store openings across Europe.
Cracker Barrel pauses store remodels after customer backlash
US dining chain Cracker Barrel halts its 'Old Country Store' modernisation programme following widespread criticism and a significant drop in quarterly sales. The future of the remodelling strategy is now under review.
UK Christmas Sales Threatened by Looming Tax Hike
New analysis reveals a 'perfect storm' for UK retailers this Christmas, with a potential sales tax hike threatening to dampen consumer spending during the crucial festive period. Shoppers could face higher prices as the Treasury reviews business rates.
John Lewis & Primark Defy Gloomy Retail Forecast
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Weekend's Top Shopping Deals: Dyson, ASOS & Samsung Discounts
Your ultimate guide to the weekend's top deals. Discover incredible discounts on everything from Ninja air fryers and Dyson vacuums to ASOS fashion and DFS sofas. Don't miss out on these unmissable offers.
John Lewis and Primark sales surge defies retail gloom
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Home Bargains Closes All UK Stores for 3 Days in September
Discount retail giant Home Bargains is set to close all its UK stores for three days in September for an extensive staff training programme, promising a revamped customer experience upon reopening.
UK Retail Sales Crash to Post-Pandemic Low
New data reveals a sharp decline in UK retail sales, with supermarkets hit hardest as consumers grapple with the ongoing cost-of-living crisis and cut back on essential spending.
Claire's to close UK stores in restructuring move
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
John Lewis to create 10,000 new jobs in major expansion
John Lewis Partnership announces major expansion plan to create 10,000 new roles in rental services, financial products, and refurbished furniture, marking significant shift in retail strategy.
BrewDog Posts £37m Loss as Sales Growth Slumps to 1%
Scottish craft beer giant BrewDog reports a staggering £37m pre-tax loss for 2024, with sales growth plummeting to just 1% amid a 'perfect storm' of inflation and changing consumer habits.
CEX staff slammed for 'offensive' retail worker display
Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.
Currys Sales Surge Driven by UK Computing Demand
Electronics retailer Currys reports a robust rise in UK sales, driven by demand for computing and gaming gear, while its Irish business faces a challenging market.
Macy's stock skyrockets 20% in stunning retail comeback
Iconic department store Macy's executes a remarkable retail revival, with shares skyrocketing after addressing customer frustrations head-on. Discover the strategy behind their impressive comeback.
Home Bargains shoppers revolt over self-service tills
Home Bargains shoppers are in uproar over new self-service tills, with many threatening to boycott the discount retailer over what they call an 'out of hand' and frustrating shopping experience.
Woman arrested for stealing Slushi Ninja machines from Target
Christine Woodson faces multiple felony charges after police allege she orchestrated a brazen scheme to steal high-value Slushi Ninja machines from Target stores across Virginia in a sophisticated retail crime operation.
Shop Owner Shames Shoplifters with Viral CCTV Footage
A UK business owner fights back against shoplifters by publicly shaming them with hilarious CCTV footage of them stealing rubber ducks, bath bombs, and chocolate. His viral campaign highlights the growing crisis facing small retailers.
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