Retail news
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Retailer discounts trigger inflation drop
- Posted:
- 18 January 2012 10:07
Pressure on household incomes eased in December as high street discounts in the Christmas period triggered the largest drop in inflation in nearly three years.A fall in clothing prices - driven by retailers slashing prices in a bid to pull in customers - ensured the overall rate of consumer prices ...read more
One in three staff "work when sick"
- Posted:
- 18 January 2012 10:06
Many employees struggle into work when they are ill because they fear losing their job in the current state of the economy, according to new research on the state of "presenteeism" in British industry. Those most likely to go into work despite illness include staff in the retail sector.A survey ...read more
Ocado Christmas sales boosted by own-labels
- Posted:
- 12 January 2012 10:33
Online grocer has said that Christmas trading was "encouraging", in a rare good-news story for retail sales in January. In the seven trading days to Christmas, gross sales were up 23.8% from 2010 at £18.7 million, with customer orders up 21.8% on 2010, boosted by an 88% rise in own-label ...read more
JD Sports sales edge up
- Posted:
- 12 January 2012 10:33
JD Sports Fashion has announced a rise in like-for-like sales in its core UK and Ireland operations of 1.6% for the five weeks ended January 7th.The company added that its recent acquisition of the loss-making Blacks Leisure chain would lead to a small reduction in earnings in the current year, ...read more
Halfords loses out as mild winter hits car maintenance
- Posted:
- 12 January 2012 10:31
Bicycle and car parts retailer Halfords has said that the recent mild weather has made customers more wary than ever of spending money on car maintenance and repairs. Halfords added that increased bike sales were not enough to offset these cutbacks.The retailer, which has 467 outlets, said like-for-like sales of ...read more
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