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Sales rise for budget retailers

According to a new report, millions of first-time shoppers flocking to budget retailers have helped boost their revenues by nearly a fifth to £4.9 billion. The latest Nielsen retail performance data indicates that Poundland and B&M saw a 17% rise in sales in the year to July, challenging the ongoing and...

2 days ago

Homebase sales increase by 7.5%

Since being bought by Wesfarmers, DIY retailer Homebase has reported an increase of 7.5% in sales. Having purchased the company in February this year for £340 million, the Australian retail business has since invested £60 million into what it called Homebase’s “poor and confusing offer”. Head of Wesfarmers’, John Gillam, said: “The...

4 days ago

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