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Retail
Two Online Retail Stocks Trending on LSE: Goco Group & Studio Retail Group
June 29, 2020 02:15 PM BST| By Team Kalkine MediaAs the UK braces up for a relaxed lockdown from 4th July 2020, the Prime Minister latest tweet asked the citizens to stay vigilant and to maintain social distancing. The Prime minister also said that the UK is ready to leave the European Unio...
How is the needle moving on two retail stocks: Boohoo Group PLC & Asos PLC?
June 25, 2020 01:45 PM BST| By Kunal SawhneyThe rising cases of coronavirus cases worldwide restrained the FTSE-100 index for the second straight day as the index opened in red, and it was trading down by 0.34 per cent at 6,102.61 (as on 25th June 2020 before the market close at 1.21 PM GMT+1)...
Drop in retail sales for May less than that in April, with easing lockdown restrictions
June 10, 2020 01:20 PM BST| By Hina ChowdharyThe British Retail sector had marked a much-improved performance in the month of May 2020 compared to April when the Lockdown was still in place. The British Retail Consortium, the industry body of retail companies in the United Kingdom, has come o.....
Recent Business Initiatives Unveiled by 2 Retail Players: Joules Group & Marshall Motor Holdings
June 09, 2020 02:00 PM BST| By Kunal SawhneyAfter a historic rally, the Global markets are set to retreat today (before the market close on 9th June 2020). The market sentiments were stimulated by the following major triggers: The retail sales in the UK fell sharply again in May, albeit the...
British Consumer Confidence Slips to New Decade Low in late May
June 06, 2020 09:44 AM BST| By Team Kalkine MediaThe consumer confidence levels in the United Kingdom continue to be at a decade low level, GfK (Growth from Knowledge), in a survey conducted in the country has found that the sentiments of average British consumers are at a new low in a decade since...
Retail prices climbing down briskly, says the British Retail Consortium
June 05, 2020 09:17 PM BST| By Kunal SawhneySummary Shop prices in UK fell by a worrisome 2.4 percent during 1-7 May 2020, as per a BRC survey Food is the only category where shop prices have risen Clothing and furniture lead the fall Shop prices in the United Kingdom have fallen b.....
Two Retail Stocks Trending on the London Stock Exchange: Lookers PLC and N Brown Group PLC
June 05, 2020 02:00 PM BST| By Team Kalkine Media“In the short run, the market is a voting machine but in the long run, it is a weighing machine.” - Benjamin Graham The United Kingdom and the European markets are set for a robust weekly gains (before the close on 5th June 2020), while...
How are Banks Coping with The Unprecedented Reduction in Consumer Credit due to Covid-19?
June 04, 2020 01:10 PM BST| By Team Kalkine MediaSummary British banks are under pressure due to plummeting credit demand People have been repaying their debt with the saved money due to lockdown Businesses are however seeking credit to meet the exigencies due to Covid crisis Some major ban.....
Strategic Initiatives Taken by Two Retail Players to Combat Against Covid-19: Motorpoint Group PLC & AO World PLC
May 30, 2020 02:20 PM BST| By Hina ChowdharyEuropean markets closed lower in Friday’s trading session with FTSE-100 index lost 142.19 points or 2.29 per cent lower and ended at 6,076.60. Some of the latest macro developments which are keeping investors’ on edge are stated below:...
Bolstering Online Measures Help UK’s Big Four Supermarkets in Countering Retail Discounters
May 28, 2020 01:30 PM BST| By Team Kalkine MediaHigh-street retail in the UK remained closed with the imposition of the lockdown in the country to contain the spread of the deadly coronavirus. Thankfully, supermarkets and grocery & food retailers were up and running during the lockdown induced...
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High Street Retailers Taking a Sigh of Relief with Lockdown Easing: Ted Baker, Kingfisher & Lookers
May 28, 2020 01:18 PM BST| By Team Kalkine MediaThe United Kingdom and European markets extended gains today (before the close on 28th May 2020), and the market sentiments were encouraging with the following factors: Swift revival in economic activities spreading optimism of quick economic reco...
Trends in The UK Dairy Industry After the Outbreak of Covid-19
May 27, 2020 07:22 PM BST| By Team Kalkine MediaSince almost 80 percent of Britain’s dairy exports went to the EU, post Brexit, it was decided by the government to strengthen the industry with measures that would boost its productivity and cost competitiveness. But while we were at it, a new...
J&J to Continue Selling Talc-Based Baby Formula in The UK amid Some Recent Product Recalls
May 24, 2020 04:34 AM BST| By Team Kalkine MediaThere have been lots of talks going on about Johnson & Johnson’s (NYSE: JNJ) talc-based baby powder and lots of lawsuits have been filed stating that it causes to develop cancer because it contained asbestos. Recently the company had announ...
Retailing Is in For A Fundamental Change in The Post-Pandemic Era
May 22, 2020 08:15 PM BST| By Team Kalkine MediaIn an observation made which is hardly surprising now, the Chief of Mark & Spencer's Steve Rowe has stated that they have been observing fundamental changes taking place in the behaviour of Britons in their spending habits because of the pandemic...
Retail sales in the UK plunge by 19.1% in April 2020- BRC Survey
May 14, 2020 03:08 AM BST| By Team Kalkine MediaThe British Retail Consortium, the trade body for the retail industry in the United Kingdom, has reported that sales in the industry have plummeted by at least 19.1 per cent compared to the same period last year because of the lockdown that the count...
UK Retailers: Seek Further Government’s Support to Evade ‘Imminent collapse’ of Businesses
May 12, 2020 01:25 AM BST| By Hina ChowdharyAs per Confederation of British Industry (CBI) report, the two-third of the businesses in the United Kingdom had been negatively impacted due to novel coronavirus as many of them are suffering from cash flow difficulties. The report was published in...
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Food & Drug Retailers Likely to Show Strong Performance Amid Covid-19 Induced Lockdown
May 07, 2020 08:09 PM BST| By Team Kalkine MediaThe outbreak of the pandemic has caused unprecedented damage across the world. It has claimed nearly 250 thousand lives globally. Moreover, it has wreaked havoc in the global markets. Major indices of the world had seen severe wealth destruction. Pan...
Auto Retailer Pendragon Plc Terminates Merger Talks with Rival Lookers Plc
May 05, 2020 11:34 PM BST| By Kunal SawhneyAmid the coronavirus crisis, the businesses are under intense pressure to preserve cash and ensure sustainability. People have lost their jobs or are being furloughed. Many businesses have reportedly collapsed into administration. The economic situat...
UK Consumers Actively Clear Bank Debts As Their Spending Habits Take A Backseat Amid Pandemic
May 04, 2020 11:54 PM BST| By Team Kalkine MediaA recent data released by the Bank of England has showed that the consumers in the country have cleared as much as £3.8 billion debts while the debt level in regard to the businesses borrowing money has been increasing drastically. The clearing...
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Retailers in the UK Chalk Out Plans to Reopen with Enhanced Safety Measures
May 01, 2020 11:55 PM BST| By Team Kalkine MediaFood processing groups and retailers have been an important cog in the wheel to make Covid-19 induced lockdowns a success. The idea was to restrict people from mass gatherings, which is proving fruitful, the UK has seen a reduction in the rate of new...
