Share price down after Sainsbury’s reported bumper Christmas January 10, 2025 Sainsbury's claims to have won the grocery market share for the fifth consecutive Christmas, with sales up nearly four per cent
M&S, Greggs and Sainsbury’s shares slide on shaky outlook for UK economy January 9, 2025 Marks & Spencer (M&S), Greggs, Sainsbury’s and B&M shares have all slumped today after investors took fright at warnings of a slowdown in consumer spending over the next year. Aside from Sainbury’s, whose results will be announced on Friday morning, all the firms released solid earnings updates this morning, with M&S reporting an 8.7 per [...]
Tesco shares drop despite bumper Christmas trading January 9, 2025 Tesco shares dropped two per cent in early deals this morning despite the retailer reporting abumper festive trading period. Food sales rose by 4.7 per cent in the six weeks to January 4, with a “particularly strong contribution” from fresh food, the grocer said. That’s more than double the market average of 2.1 per cent. [...]
Marks and Spencer shares plunge despite bumper results January 9, 2025 Marks and Spencer shares plunged by eight per cent in early deals this morning as investors digested the company’s Christmas trading update. The food and clothing retailer told markets this morning that food sales increased 8.7 in the 13 weeks to December 28, and sales of its new Christmas products grew 14 per cent. This [...]
Dear government: Ecommerce isn’t killing the high street, rigid thinking is January 8, 2025 To revitalise the high street, the government needs to stop thinking as ecommerce as the enemy, writes Jordan Sullivan.
Mamas & Papas: Nursery brand reveals latest expansion amid record sales January 8, 2025 The festive season provided yet another boost in sales for high street nursery brand Mamas & Papas following a bumper year of trade thanks to the success of its deals with M&S and Next. The Huddersfield-headquartered firm today reported record sales during this year’s Golden Quarter, especially within its UK and overseas markets. It said [...]
Hornby: Mike Ashley-advised toy train giant steams ahead after festive boost January 8, 2025 Hornby, the international toy company advised by billionaire Frasers Group founder Mike Ashley, reported a boost in sales thanks to a bumper festive season and first-time customer attraction. The international models and collectables group told markets today it witnessed a seven per cent surge in group sales for the third quarter ended 31 December. Group sales for [...]
All change at Topps Tiles as sales return to growth and its chief retires January 8, 2025 Topps Tiles reported a return to sales growth during the golden quarter driven by trade demand, while its chief executive Rob Parker announced his retirement from the firm after five years at the helm. Sales in the golden quarter were up 4.6 per cent year on year, while sales in the shorter festive period – [...]
Seasalt: Cornish clothing brand bucks retail gloom over festive season January 7, 2025 Cornish retailer Seasalt has defied the despondent British high street and reported a significant uptick in sales over the Christmas season despite significant cost pressures. Total sales across online, stores, and marketplace partners like M&S increased by 10 per cent compared to last year in the last five weeks of the year, with every channel [...]
Bacardi: Martini maker shaken as UK drinkers move away from spirits January 7, 2025 UK drinkers ditching spirits in favour of wine, beer and non-alcoholic drinks has hit the sales of Bacardi, it has been revealed. The division of the Bermuda-headquartered drinks giant has said its performance has also been impacted by “a combination of post-Covid challenges, ongoing global conflicts and a tough economic environment marked by rising living [...]