B&M: Festive season of bargain shopping helps ‘undistracted’ value retailer Retail Value retailer B&M Bargains reported strong revenue growth throughout the golden quarter as consumers sought out low-discount options to meet their festive shopping needs. However, the caution imposed by a challenging environment ahead for the retail sector due to tax hikes and employment costs caused B&M shares to fall by 8.5 per cent today. In [...]
Small Business Saturday hopes to bring back confidence ahead of new year Entrepreneurship Small Business Saturday could boost business confidence this year if Brits once again flock to the streets and show their support, a leading campaign group has said. The hope comes ahead of this year’s Small Business Saturday UK on 7 December, an annual campaign created to encourage consumer engagement with the local high street ahead [...]
Retailers pin hopes on Black Friday and Christmas after footfall tumbles Retail The holiday season could bring much more than some festive cheer this year.
Retail sales growth slumps in October as consumers remain cautious November 5, 2024 Retail sales growth dipped in October due to pre-election anxiety, the latest figures have shown. According to the British Retail Consortium (BRC)-KPMG sales monitor, retail sales in the UK increased by 0.6 per cent year over year in October, compared to 2.6 per cent growth in October 2023. Food sales nudged up 2.9 per cent [...]
Retailers prepare for ‘exceptionally tough’ golden quarter after Budget November 4, 2024 The golden quarter is off to a slow start and things are only set to get tougher for retailers over Christmas, according to fresh data. In-store sales grew by 1.7 per cent year on year in October, while total sales – both in-store and online – grew 4.1 per cent, according to BDO. Whilst the [...]