Omi-gone: Brits flock back to pubs, bars and restaurants as social spending climbs January 13, 2022 The damaging drag the re-imposition of Covid-19 curbs had on Brits’ confidence is easing, reveal official figures released today. Britons rushed back to pubs, bars and restaurants in the immediate aftermath of Christmas and New Years in a sign that plan B’s blow to the UK services economy will disappear into the ether. Consumers have [...]
It’s not just growth, it’s M&S growth: Supermarket reports ‘encouraging’ festive results January 13, 2022 Luxury supermarket M&S sustained a strong performance through the Christmas period, making it the fastest growing major store-based food retailer in the festive run up.
Asos announces move to London’s main market January 13, 2022 Asos announces move to the main market of the London Stock Exchange after 20 years on the junior Aim market
Asos flies in clothes to manage supply chain delays and forced to sell products at a discount January 13, 2022 Online fashion giant Asos said this morning it had to fly in clothes to manage supply chain delays and sold more products at a discount as competition heated up over the autumn months. The company also revealed it suffered from the various lockdowns imposed in Europe as Omicron spread, but sales held up in the [...]
Autocentres boost Halford’s revenues despite slump in bike sales January 13, 2022 Halfords has reported two-year revenue growth of 13.9 per cent in its third-quarter trading update, despite softening retail demand.
Yule Be Impressed: Tesco’s profit forecasts boosted by festive spending and soaring sales January 13, 2022 Tesco now expects full-year operating profits to exceed its £2.5-2.6bn guidance , after stronger than expected sales over the festive period.
Brits’ experience of previous Covid-19 curbs to quash Omicron GDP hit January 12, 2022 Brits’ resilience and ability to rapidly adapt in the face of soaring Covid-19 infections will insulate the UK economy from the Omicron variant, according to City economists. Experience of previous periods of curbs on daily life implemented by the UK government to tamp down on transmissions has resulted in businesses and consumers being able to [...]
Dunelm revels in sales growth and anticipates full-year profits ahead of market expectations January 12, 2022 Dunelm expects full-year profits before tax to be "materially ahead" of expectations after strong second-quarter sales.
Topps Tiles lays foundations for ‘sustainable growth’ as sales up 21 per cent in Christmas rush January 12, 2022 Topps Tiles announced a confident outlook in this morning’s trading update for the 13-week period ended 1 January, with like-for-like sales on a two-year basis up 21 per cent.
DFS shares jump eight per cent following strong half year sales January 12, 2022 Furniture seller DFS has reported strong interim sales causing shares to climb 3 per cent despite warnings of a challenging business environment.