Sainsbury’s indicates lockdown sales boost likely to subside

As first-quarter results loom, Sainsbury’s indicates that boost in demand from early days of lockdown is likely to subside By Daily Mail City & Finance Reporter Published: 22:08 BST, 26 June 2020 | Updated: 22:08 BST, 26 June 2020 New Sainsbury’s boss Simon Roberts will only have been in the job a month when he … Read more

Retailers post ‘steep drop’ in sales as they plunge by 37% in the year to June

Retailers post ‘steep drop’ in sales as they plunge by 37% in the year to June amid coronavirus lockdown while growth in internet purchases rose at fastest rate since 2018 Non-essential shops have now been given the green light to cautiously reopen  But retailers remain pessimistic after reporting a 37 per cent slump for June … Read more

Great British ‘staycation’ scramble: UK booking sites report record sales

Britons are scrambling to book holidays, with record sales reported after lockdown restrictions on overnight stays were finally lifted. Luxury lodge specialist Hoseasons recorded one booking every 11 seconds in the hours after Prime Minister Boris Johnson’s announcement on Wednesday. From July 4 people will be allowed to stay in self-contained accommodation such as hotels, … Read more

MARKET REPORT: Rightmove slumps as it reveals £20m sales hit 

Green shoots in the housing market have failed to win over Rightmove investors as the property listings site warned it is likely to take another £20million hit to revenues this year. Rightmove has clocked up its ten busiest-ever days since the market began reopening on May 13. In the last seven days alone the number … Read more

Chapel Down increases its online sales 16-fold

Chapel Down increases its online sales 16-fold during coronavirus lockdown By Daily Mail City & Finance Reporter Published: 21:58 BST, 22 June 2020 | Updated: 21:58 BST, 22 June 2020 Chapel Down said it had increased its online sales 16-fold during lockdown.  Bosses at the English winemaker said the last three months have been ‘extremely … Read more

Pret a Manger job cuts feared after leaked video reveals sales

Fears mounting over job cuts at Pret a Manger after leaked video reveals dire sales in lockdown By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 June 2020 | Updated: 22:06 BST, 22 June 2020 Fears are mounting over job cuts at Pret a Manger after a leaked video revealed dire sales in … Read more

Retail sales improve from record lows in April but…

Britain’s retailers saw a much-needed boost in sales last month compared with the record lows in April as lockdown turned thriving high streets into ghost towns. Sales volumes in May jumped 12 per cent compared with the previous month, although they were still down 13.1 per cent versus February, before the full impact of the … Read more

Fashion chain Joules dives in to the red as lockdown hurts sales 

Fashion chain Joules dives in to the red as lockdown hurts sales following the closure of all of its 128 stores By Daily Mail City & Finance Reporter Published: 23:16 BST, 16 June 2020 | Updated: 23:16 BST, 16 June 2020 Fashion chain Joules has tumbled into the red following the closure of its 128 … Read more

After 86 long days of coronavirus lockdown, get ready for the sales of the century

Finally it’s here! Tomorrow morning, hundreds of branches of high street shops across the country will be throwing open their doors for the first time since the lockdown began in March. At long last, we can start getting back to some kind of normality and wander once again around some of our favourite shops, seeing … Read more