Retail news
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Supergroup reports record Christmas
- Posted:
- 12 January 2011 09:39
Superdry fashion firm Supergroup today said it enjoyed its best ever Christmas trading after nearly doubling retail sales.The group, which targets the youth fashion market and operates 59 stand-alone stores and 69 concessions, said UK retail sales surged 93.6% to £51.7 million in the nine weeks to January 2nd. The ...read more
M&S boosted by food sales record
- Posted:
- 11 January 2011 09:41
High street giant Marks & Spencer said today that it had overcome the severe weather over Christmas after recording its biggest ever day in food sales.The retailer said big-impact promotions helped food sales achieve a record of more than £50 million on December 23rd, while UK like-for-like sales in the ...read more
Debenhams remains upbeat despite sales dip
- Posted:
- 10 January 2011 09:43
Department store Debenhams today said it had not been blown off course by the weather despite losing an estimated £30 million of sales to the snow.Having seen improved trading in the autumn, the chain said like-for-like sales in the 19 weeks to January 8th were reduced by between 2.5% and ...read more
Goodbye to Rose as M&S chairman steps down
- Posted:
- 04 January 2011 09:30
Sir Stuart Rose ends a colourful six-year tenure with high street giant Marks & Spencer today as he steps down as chairman.The 61-year-old has had an eventful leadership, attracting both praise and criticism since he joined the retailer in 2004.Sir Stuart was revered for steering the firm to profits of ...read more
Bumper start to Christmas shopping despite frosty weather
- Posted:
- 29 November 2010 09:46
Retailers reported a bumper start to the Christmas trading season today as shoppers defied the ice-cold weather and hit the high street.Customers started the Christmas season with zeal, with big names reporting a 10% hike on last year's sales, and took advantage of promotional offers.Big names including Marks & Spencer, ...read more
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