Tag: profit

Is Black Friday good for UK retailers?

We seem all too happy to follow US fads; Halloween and “have a nice day” continue to grate on me. One of our latest adoptions is Black Friday. I set out to look at the impact on retail profits and

Tagged with: , , , , , , , , , , , , , , , , , , , , , , ,

How to increase your profits

Ignore sales promotions, put your prices up and most customers probably don’t care…assuming they notice. The “big four” of supermarkets, Asda, Tesco, Morrisons and Sainsbury’s, have increased the number of £1 promotional price tags 150% over the past year. This compared

Tagged with: , , , ,

Discount-driven blip

From FT.com today: According to the British Retail Consortium survey, retail sales rose by just 0.1 per cent year-on-year, suggesting that the pick-up in demand seen in January was a “discount-driven blip”, according to Stephen Robertson, director general. As I

Tagged with: , , , ,

Surprise rise in UK retail sales

The official figures have come as something of a surprise – UK retail sales rose unexpectedly last month, official figures have shown. Total sales volumes climbed 0.3% in November from the previous month, the Office for National Statistics said. Sales were

Tagged with: , , ,