Left Menu
Development News Edition

FACTBOX-Festive cheer falls flat for some British retailers

FACTBOX-Festive cheer falls flat for some British retailers
Representative image Image Credit: Pixabay

Britain's retailers reported mixed results for the critical Christmas period, with major supermarkets suffering their slowest festive season in years and retailers varied in their performance.

British shoppers cut back on spending in late 2019, rounding off the worst year since at least the mid-1990s for retail sales as measured by an industry group amid uncertainty about Brexit and last month's election. That followed relatively subdued updates from the high street following "Black Friday" sales at the end of November.

Following are highlights by sector: SUPERMARKETS:

LIDL The British arm of the German discount supermarket group said on Jan. 10 its total sales rose 11% in the four weeks to Dec. 29.

TESCO Britain's biggest retailer ground out a 0.1% rise in underlying sales in its home market on Jan. 9 during what it said was a "subdued" Christmas for spending.

SAINSBURY'S Britain's No. 2 supermarket group reported a slight drop in underlying sales on Jan. 8 as weak demand for general merchandise overshadowed solid food sales.

MORRISONS The country's fourth-largest supermarket group reported another fall in underlying sales over Christmas on Jan. 7 as a tough economic backdrop and sustained consumer uncertainty deterred shoppers from splashing out.

ALDI the British arm of the German discount supermarket said on Jan. 6 sales growth in the four weeks to Dec. 24 was driven by strong demand for beer, wine, and spirits.


The bicycles retailer said on Jan. 16 it sold a record number of children's bikes in the week before Christmas. N BROWN

The plus-sized fashion retailer on Jan. 16 forecasts lower-than-expected annual profit, hurt by poor performance at its financial services unit and more discounting in the market. MOSS BROS

The suit retailer forecast an annual pretax loss, hurt by fewer customers visiting its stores. ASSOCIATED BRITISH FOODS

The company kept its annual earnings outlook on Jan. 16, partly due to solid growth at its Primark fashion chain in the Christmas period. QUIZ

The fast-fashion retailer on Jan. 15 said good sales over the Black Friday week had not stretched into the seven weeks covering Christmas to Jan. 4. BOOHOO

The online fashion retailer reported robust Christmas sales on Jan. 14, outperforming rivals. SUPERDRY

The fashion brand warned on its annual profit on Jan. 10 after sales during the Christmas period fell short of its expectations. JOULES

The fashion retailer warned on Jan. 10 that its 2020 profit would be significantly below market expectations as online retail sales suffered during Christmas. B&M

The company, which sells everything from furniture to food, said on Jan. 10 its sales growth slowed in the Christmas quarter due to a tough market. JOHN LEWIS

Britain's best-known store chain on Jan. 9 cut its annual profit forecast after weak Christmas sales. MARKS & SPENCER

The retailer on Jan. 9 said its performance over the Christmas quarter was held back by the waste in its food business and weak sales of menswear and gifts. DUNELM

The homewares retailer forecast a near 20% jump in first-half earnings, as it avoided discounting during the holiday season. NEXT

The clothing retailer raised its full-year profit forecast on Jan. 3 after a better-than-expected Christmas performance. PUBS & RESTAURANTS:

Whitbread The Premier Inn owner on Jan. 16 reported a 1.3% drop in third-quarter UK like-for-like sales, as Britons delayed travel plans amid Brexit uncertainty.

CITY PUB GROUP The pub's operator on Jan. 13 forecast full-year core earnings slightly below consensus, as holiday period sales were hurt by uncertainty ahead of the December election and a lackluster Rugby World Cup.

MITCHELLS & BUTLERS The pub and restaurant operator reported strong sales for the festive season on Jan. 9, as more diners opted for its pricier healthy menu options.


The gifts and stationery retailer on Jan. 16 said it saw growth in online and store sales in the Christmas period, helped by new products and Frozen 2 merchandize. CARD FACTORY

The greeting card retailer on Jan. 9 forecasts lower annual earnings as the December general election and weak consumer confidence hurt its Christmas performance.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.



WEF2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...

SDG13: How you can reduce global warming by changing your food habits

The mega narratives of various international organizations give the impression that fighting global warming is only a job of government agencies. However, the European Investment Bank EIB has designed a questionnaire which besides making th...


Latest News

People News Roundup: 'Joker' composer makes film awards history; Weinstein must tread carefully in rape trial and more

Following is a summary of current people news briefs.Female Icelandic Joker composer makes film awards historyGolden Globe-winning Icelandic musician Hildur Gudnadottir, 37, usually lives a quiet life in Berlin, but is about to see a lot mo...

UPDATE 3-Health officials confirm first U.S. case of China coronavirus, expand screening

A U.S. resident who recently traveled to China has been diagnosed with the newly identified coronavirus that has sickened more than 300 people and killed at least six in China, the U.S. Centers for Disease Control and Prevention CDC said on...

Odd News Roundup: Doctor Tik Tok-ed off with injured All Blacks and Ultra trail runner Jornet base jumper in odd contest

Following is a summary of current odd news briefs.Doctor TikTok-ed off with injured All Blacks loose forward SaveaInjured All Blacks lose forward Ardie Savea has been ordered to curb his use of the social media platform TikTok as he recover...

UPDATE 1-Trump administration plans to add Nigeria and six other nations to travel ban list -reports

The Trump administration is planning to add seven countries - Belarus, Eritrea, Kyrgyzstan, Myanmar, Nigeria, Sudan and Tanzania - to its travel ban list, U.S. media reports said on Tuesday.Some countries will face bans only on some visa ca...

Give Feedback