Tag : Sales
Faced with excess stock and subdued demand amid the coronavirus crisis, retailers are turning to discounting to clear spring/summer 20 product and drive traffic with deals of up to 50% off seasonal stock.
Trio of storms hits retail salesSubscription
Storm Ciara, Dennis and Jorge took their toll on like-for-like UK retail sales in February, which tumbled 0.4% year-on-year.
‘Exceptional' November for online salesSubscription
Online clothing sales hit a three-year high last month, rising by 19.3% year on year - the biggest sales increase since November 2016.
UK Black Friday sales to reach ‘record’ high Subscription
UK shoppers are expected to spend a record £8.57bn from Black Friday to Cyber Monday, 29 November – 2 December, equating to an average of £2.48m each minute of the four-day weekend.
Fashion sales up despite 'gloomy' marketSubscription
Total like-for-like fashion sales rose by 5.6% year on year this week, with in-store sales jumping 5.8%.
'Bright spot' for online clothing salesSubscription
Online clothing sales increased 9.1% year on year in August, “one of the few bright spots for retailers”, new data has shown.
Widespread discounting on autumn stock before the summer has even come to an end has, worryingly, become common practice for many UK fashion retailers – and has potentially damaging implications.
‘Desperate’ retailers discount autumn stockSubscription
High street and online retailers across the UK have launched discounts on new-season products, as warm temperatures dampen demand for autumn stock.
In-store fashion sales reach annual lowSubscription
Total like-for-like fashion sales were up 2.9% year-on-year last week, despite in-store sales dropping to the worst recorded figure this year.
Indies expect bumper bank holiday salesSubscription
Independent retailers across the country are looking forward to the upcoming bank holiday weekend, as a chance to bolster sales and kick off the autumn 19 buying season.