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Retail
2 FTSE 100 Consumer Goods Stocks for Diversification - Reckitt Benckiser Group Plc & Unilever Plc
April 07, 2020 01:28 AM BST| By Hina ChowdharyThe stock markets all across the globe have crashed as governments are embroiled in the outbreak of COVID-19 and its cascading effect on the economy. The sudden development has affected all the sectors and their companies dir...
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The Sudden Downfall in the UK Consumer Confidence Indicates Hard Time to Follow
April 06, 2020 12:38 PM BST| By Team Kalkine MediaResearch and analysis agency, Growth for Knowledge (GfK), on 6th April 2020, announced the latest figures for the Consumer Confidence in the United Kingdom for the mid and end March period based on a survey conducted just a few days earlier. The data...
A ray of hope for the UK retail sector’s workforce
April 04, 2020 05:45 PM BST| By Team Kalkine MediaTune in to catch the latest developments in the UK markets. Amidst the mass lay-offs taking place in the time of financial crisis for businesses, there is a ray of hope for the UK’s retail sector’s workforce with British supermarkets star...
A glance at the global retail industry amidst the coronavirus pandemic
March 31, 2020 03:45 PM BST| By Team Kalkine MediaWhen all other industries are facing tough trading conditions across the globe, the retail industry is one that is finding itself in the thick of activities. There was a time when the success of a retail company was gauged by the extent of footfalls...
British Supermarkets On Hiring Spree Amid Coronavirus Catastrophe
March 23, 2020 04:34 PM GMT| By Team Kalkine MediaThe leading retailers in the United Kingdom are on a hiring spree amid the Covid-19 pandemic. This move can be attributed to the retailer’s inability to cope with the unusual surge in demand, and hence they are carrying out recruitment drives of arou...
Primark Closes 189 stores as UK retail businesses face temporary closure
March 23, 2020 02:51 PM GMT| By Team Kalkine MediaThe retail giant, Primark has declared that it is going to shut 189 of its stores as United Kingdom’s upmarket stores have started locking down due to novel coronavirus. The UK Government wants to decelerate or arrest the spread of this virus, and th...
UK retailers to come together to provide for the nation during the Coronavirus pandemic
March 20, 2020 01:42 PM GMT| By Kunal SawhneyThe British government has decided to relax the competition regulations in the retail industry to allow retailers to closely work together to keep the country adequately provisioned while it fights the coronavirus pandemic. The spread of the virus an...
British Supermarkets Frame Rule for Panic Buyers; J Sainsbury Announces Special Timing Slot for Elderly
March 18, 2020 12:24 PM GMT| By Hina ChowdharyWith lacs of cases reported in 2020 to date and spreading to countries across Asia and the world, the novel coronavirus outbreak has disrupted the activity in the markets, mainland China and Hong Kong and adversely impacted the economic conditions. L...
WM Morrison Supermarkets Plc to Cut Prices Further in Order to Improve Its Market Share
March 13, 2020 02:33 PM GMT| By Hina ChowdharyFTSE 100 listed Retailer, WM Morrison Supermarkets Plc has reduced the prices of everyday groceries to boost sales volume. The latest media reports suggest that a huge chunk of the population has switched to discounters Lidl and Aldi. Morrison is far...
Coronavirus Reaction - Supermarkets Introduce Rationing on Essential Goods
March 09, 2020 08:10 PM GMT| By Hina ChowdharyDue to panic-buying prompted by the Covid-19, the British supermarkets have imposed limits on essential items. Across the globe, hygiene and cleansing products sale have gone up, as the awareness for the Coronavirus infection has increased. People ha...
Retail sales recover in January 2020 in the United Kingdom
February 23, 2020 10:00 AM GMT| By Team Kalkine MediaRetail sales volume increased 0.9% in January 2020 in the United Kingdom. The increase in retail volumes in January 2020 was mostly fueled by growth in food stores of 1.7 per cent and growth in non-food stores of 1.3 per cent. Fuel sales dropped by...
US Stocks Trade Lower on Account of Retail Sales and Virus Data
February 14, 2020 11:10 PM GMT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 4.09 points or 0.12% lower at 3,369.85, Dow Jones Industrial Average Index declined by 113.62 points or 0.39% lower at 29,309.69, and the tech...
The new year shines bright for retailers of the United Kingdom
February 07, 2020 04:51 PM GMT| By Team Kalkine MediaAs per a survey conducted by accounting firm BDO, the sales in the retail sector in the United Kingdom has jumped by 5.7 per cent in the month of January 2020, a high not seen since January 2014. This data comes on the heels of several of the economi...
A Premier Omnichannel Retailer Macy’s To Cut Thousands Of Jobs
February 05, 2020 01:07 PM GMT| By Kunal SawhneyTo stabilise profitability and position itself for the growth, Macy’s Inc has announced a three-year plan and an updated strategy. The company has expressed faith in this new strategy to stabilise profitability and drive growth and has stated that it...
How Has The Retail Slump Caused A Havoc For Employment?
January 28, 2020 11:20 AM GMT| By Team Kalkine MediaOverview of the retail slump in the UK Retail sector has been hit the hardest when it comes to the degradation of the business environment in the United Kingdom post the Brexit referendum. In the last one year itself, this sector has seen some of th...
Beales Going Into Administration Reveals A Stark Reality Of The UK Retail Sector
January 21, 2020 01:09 PM GMT| By Hina ChowdharyUK’s Retail Sector Performance In December As widely reported, Retail sector’s performance in the United Kingdom in 2019 had been the worst in the last 24 years, marked by a decline of 0.6 per cent in sales in the month of December. The office of Na...
Not A Merry Christmas For The UK Retailers!
January 10, 2020 11:55 AM GMT| By Team Kalkine MediaJust before the start of the festive period, November was reported to be one of the weakest months in terms of sales performance for the retail sector. As per the Office of National Statistics (ONS), retail sales had fallen by 0.6 per cent month on m...
2019-The Worst Year For The Retail Sector In The UK In 24 Years
January 09, 2020 03:17 PM GMT| By Team Kalkine MediaAs per recent data release by British Retail Consortium (BRC) and advisory firm KPMG, the British retail industry has delivered its weakest performance in 2019 with sales falling for the first time in 24 years. The sector which had survived the 2008-...
What Does Greggs Plc’s Surprise Bonus Tell Us About The Food Retailer’s Business Outlook?
January 09, 2020 12:09 PM GMT| By Team Kalkine MediaAn overview of Greggs Plc’s business Greggs Plc (LON: GRG) is a Newcastle, the United Kingdom based food retailer and wholesaler, that operates through almost 2050 of its stores across the United Kingdom, by selling freshly prepared food and beverag...
New Year’s Special – An Outlook For The United Kingdom’s Retail Industry
December 31, 2019 10:59 AM GMT| By Team Kalkine MediaUK Retail Industry Overview The retail sector incorporates any business or individual engaged with selling items legitimately to purchasers. Related divisions of the sector include the wholesale segment (which supplies retailers), the supply chain s...
