Retail Stocks

3 supermarket stocks to hold despite decline in consumer confidence

 3 supermarket stocks to hold despite decline in consumer confidence

UK’s consumer confidence is being heavily impacted by the rising anxiety associated with the surging cost of living. The GfK’s Consumer Confidence Barometer fell five points to minus 13 in September 2021, the lowest level in twelve mont...

Read More...
2 FTSE 250 Retailers in Focus: Marks and Spencer and WH Smith PLC

2 FTSE 250 Retailers in Focus: Marks and Spencer and WH Smith PLC

Summary The Office of National Statistics released data on 21 May indicating a rise in sales volumes by 9.2 per cent in April. Pent up demand during the lockdown led to the rise in sales as the country has eased restrictions Retail giants Mark...

Read More...
Focus On 2 Lesser-Known Retail Stocks as Retail Sales Jump in April

Focus On 2 Lesser-Known Retail Stocks as Retail Sales Jump in April

Summary The UK retail sales rose 7.3 per cent in April as compared to the same month two years ago. The short-term trend of pent-up demand in shopping drew consumers back to the retail stores. British high street still has to trudge a long way...

Read More...
UK Retail Footfall in April Picks Up; Next, JD Sports and Kingfisher in Focus

UK Retail Footfall in April Picks Up; Next, JD Sports and Kingfisher in Focus

Summary UK’s retail footfall has recovered considerably in April, surging by 240.8 per cent from a year ago. April’s footfall stood at 32.9 per cent, almost a third of April 2019 levels. High streets recorded a 42 per cent decline ...

Read More...
What Led to the Surge in Fashion Retailers Superdry And Next Stocks?

What Led to the Surge in Fashion Retailers Superdry And Next Stocks?

Summary Superdry’s channel revenue from the ecommerce stream was up 33.8 per cent for FY 21. Next Plc raised its profit-before-tax central guidance for FY 21 to £720 million. UK’s fashion brands got a fresh lease of life ...

Read More...
5 Diversified Retail Stocks to Look for in May

5 Diversified Retail Stocks to Look for in May

In the past twelve months, there has been a thrilling and permanent shift to online shopping around the globe. Online retailer companies have also seen a spike in their profits during the various locally imposed lockdowns. Millions of customers hav...

Read More...
Buzz in Retail Sector: Boohoo Earnings Up 37% While Ikea Begins Buyback Scheme 

Buzz in Retail Sector: Boohoo Earnings Up 37% While Ikea Begins Buyback Scheme 

Summary Boohoo reported a 37 per cent rise in its earnings for the year ending 28 February 2021. Ikea is driving its climate change initiative by launching a furniture re-sale and buyback scheme. Even though the exact uptake of the scheme is y...

Read More...
Retail Companies in News - ABF, Next, Asda

Retail Companies in News - ABF, Next, Asda

Summary Primark owner Associated British Foods Plc has announced to hand back £121 million in furlough cash to the government. The CMA has raised concern over Bellis' buyout of Asda, as it could lead to higher petrol prices within the cou...

Read More...
English Shoppers Binge on Covid-19 Restrictions Ease

English Shoppers Binge on Covid-19 Restrictions Ease

A few days ago, non-essential retail was allowed to resume operations in England. Now, Scotland and Northern Ireland are also following the same by April end. There has been a 200 per cent rise in retail store footfalls in the last week, as per the...

Read More...
FTSE 100 Reclaims 7,000: This Blue-Chip Stock Gained Over 150% In 1 Year

FTSE 100 Reclaims 7,000: This Blue-Chip Stock Gained Over 150% In 1 Year

Source: Peshkova, Shutterstock Summary FTSE 100 finally bounced back to above 7,000 for the first time since February 2020 One of the FTSE 100 constituents has jumped over 150 per cent in 1 year Nikkei 225 of Japan has managed to recognise a ...

Read More...
Retail Sales Run Amid Covid Reflects on Positive Numbers of TPK and FIXP

Retail Sales Run Amid Covid Reflects on Positive Numbers of TPK and FIXP

Source: PattyPhoto, Shutterstock Summary While workplace visits have slowed, consumer retail & recreation visits have increased across countries resulting in optimistic demand and sales run for retailers. Travis Perkins PLC and Fix Price G...

Read More...