Company Results
– Alpha Cars have reported a 26% increase in turnover to £1m for the year 2015. (Source: AM Online)
– Berry Bros have reported a 5% decrease in turnover to £142m for the year to March 2015. Pre-tax losses stood at £11.4m for the same period. (Source: Verdict)
– Blue Inc. have reported a 3% increase in like-for-like sales for the four weeks to 03 January 2016. (Source: The Telegraph)
– Boots have reported a 0.8% increase in retail sales for the three months to 30 November 2015. Like-for-like sales increased by 1.8% while online sales increased by 11.2% for the same period. (Source: Retail Week)
– Brantano have reported a 6% increase in the sales to £100m for the year 2014. Pre-tax losses stood at £4.6m. (Source: Verdict)
– Foyles have reported a 4.7% increase in like-for-like sales for the month of December 2015. (Source: Retail Bulletin)
– Game Digital have reported a 6.7% decrease in group gross transaction value to £466.8m for the 21 weeks to 19 December 2015. UK gross transaction value declined by 11.4% for the same period. (Source: Verdict)
– Gear4music have reported 37% increase in total like-for-like sales to £10.1m for the two months to 31 December 2015. UK like-for-like sales increased by 32% to £7.5m for the same period.
– Harvey Nichols have reported a 0.2% decrease in turnover to £193.2m for the 52 weeks to 28 March 2015. Pre-tax profit stood at £6.3m for the same period. (Source: The Telegraph)
– Holland & Barrett have reported an 11.7% increase in sales to £573.8m for the 12 months to 30 September 2015. Pre-tax profit increased by 12.2% to £146m for the same period. (Source: Retail Bulletin)
– Jigsaw have reported a 19% increase in sales for the five weeks to 2 January 2016. Like-for-like sales increased by 12% for the same period. (Source: Retail Gazette)
– John Lewis have reported a 6.9% increase in total sales to £951.3m for the six weeks to 02 January 2016. Like-for-like sales increased by 5.1% while online sales grew by 21.4% for the same period. Fashion, Home and Electricals & Home Technology sales increased by 6.1%, 5.1% and 9.6% respectively, for the same period.
– Made.com have reported a 43% increase in sales for the five weeks to 31 December 2015. (Source: Retail Week)
– Majestic Wine have reported a 12% increase in group sales for the 10 weeks to 04 January 2016. Majestic Retail like-for-like and total sales increased by 7.3% and 7.5% respectively, for the same period.
– M&S have reported flat group sales for the 13 weeks to 26 December 2015. Total UK sales decreased by 0.3% while UK like-for-like sales decreased by 2.5% for the same period. Online sales increased by 20.9%.
– Next have reported a 0.4% increase in total sales for the 60 days to 24 December 2015. Retail sales decreased by 0.5%, while directory sales increased by 2.0% for the same period.
– Notonhighstreet.com have reported an 18.1% increase in gross sales to £155m for the year to December 2015. The retailer also reported 25% increase in total transactional value for the four weeks to 24 December 2015. (Source: Retail Week)
– Poundland have reported a 29.4% increase in total sales (on actual currency basis) to £424.9m for the 13 weeks to 27 December 2015.
– The Fragrance Shop have reported an 11.6% increase in sales for the five weeks to 26 December. Like-for-like sales increased by 7.7% for the same period. (Source: Retail Week)
– Topps Tiles have reported a 4.4% increase in like-for-like sales for the 13 weeks to 02 January 2016.
– Waitrose have reported a 1.2% increase in total sales (excluding fuel) to £859.8m for the six weeks to 02 January 2016. Like-for-like sales decreased by 1.4% for the same period.
– Waitrose also reported a 2.5% decrease in sales (including petrol) for the week to 02 January 2016.
– Zimple Limited have reported a 73.2% increase in turnover to £16.8m for the year to 31 March 2015. (Source: AM Online)
According to CBRE, planning permission has been granted for a total of almost eight million sq. ft. of new shopping space across London in zones 1 and 2. Almost three million sq. ft. will be within three retail-only developments at Croydon, Westfield London and Brent Cross, accounting for 1.5 million, 698,000 and 592,000 sq. ft. respectively. The remaining five million sq. ft. has been given permission to be built across 30 sites in zones 1 and 2.
Clothing, Footwear & Accessories
– Maison Seven have announced that their online fashion retail company, Atterley, has been put into administration and has stopped trading. (Source: Retail Week)
– M&S have appointed Steve Rowe as Chief Executive Officer with effect from 02 April 2016, replacing Marc Bolland. (Source: Company Press Release)
– M&S have also announced plans to carry out trials for larger food halls by reducing the floor space devoted to clothing, as the fashion sales continue to fall. (Source: Retail Week)
– New & Lingwood have been acquired by POP Capital, US private equity firm. (Source: The Telegraph)
– Next have announced plans to open stores in Israel after launch of successful line of deliveries to the country. (Source: Company Press Release)
– Wed2b have announced plans to open a 5,000 sq. ft. store at The Crescent in Hinckley Town Centre, by 22 January 2015. (Source: Retail Bulletin)
Electrical & Entertainment
– Amazon have launched ‘Amazon Pay Monthly’ scheme that allows the customers spending more than £400 on a single purchase, to pay the amount back over up to four years. (Source: The Guardian)
Food & Drink
– Aldi have announced plans to open another 80 new stores in the UK in 2016, taking the number of UK stores to 700. (Source: Verdict)
– Anheuser-Busch InBev is to list the nutritional content of its beers on UK labels as it goes “above and beyond” minimum requirements agreed between European brewers, the company has said (Source: Just Drinks)
– Amazon have announced plans to expand the range of products offered by their Pantry grocery service in the UK by adding thousands of new products in 2016. (Source: The Guardian)
– Asda have donated £500k to community groups and charities, to help communities affected by UK’s recent floods. (Source: Verdict)
– Booths have reported an 11% increase in overall orders, including click and collect, in 2015. The retailer has also reported 54% increase in Christmas home delivery orders. (Source: Retail Bulletin)
– The UK division of Molson Coors has completed the distribution takeover of its Staropramen brand in the country from Carlsberg (Source: Just Drinks)
– Morrisons have announced plans to donate £100k to groups helping people affected by the floods in the North of England and Scotland. (Source: Company Press Release)
Sainsbury’s have announced that Sir Ken Morrison has taken £6m stake in the retailer. (Source: Financial Times)
– Tesco Direct have announced plans to charge customers £2 for click and collect orders of less than £30 from 02 February 2016. (Source: The Guardian)
– A former alcohol buyer for Sainbury’s and Tesco has launched a new Italian cider in the UK and Ireland, saying the Prosecco boom in the country has made consumers far more open to sparkling alcohol.(Source: Just Drinks)
– Waitrose have announced plans to open a 6,000 sq. ft. store in Church Street, Leatherhead, Surrey County, in Summer 2016. (Source: Company Press Release)
According to figures from the Royal Mail’s annual tracker, eight out of ten small to medium sized online retailers are confident to increase sales in 2016, as compared to seven out of ten retailers in 2015. The overall increase in confidence among SME e-retailers comes despite 53% claiming that competition is more intense in 2016 and 45% stating that levels of competition remain unchanged. As per the research SME e-retailers identified new factors for competition in 2016. Some 47% cited the rise of on-the-move smartphone shopping while 44% highlighted price promotions which lead shoppers to seek out the best prices.
Household
– Card Factory have appointed Karen Hubbard as their new CEO Designate with effect from 22 February 2016. She will replace Richard Hayes as CEO in mid-April 2016. (Source: Company Press Release)
– Habitat have launched a new website in order to evolve the online customer experience, after reporting 35% increase in web traffic in 2014-15. (Source: Retail Gazette)
– Tesco have announced plans to offer dog grooming services in their Culverhouse Cross store in Cardiff from January 2016, with a possibility of a rollout to other branches. (Source: The Telegraph)
Courtesy of ‘Barclays‘
Tagged: Aldi, Amazon, Game, M&S, Made.com, Molson Coors, Next