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Retail
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Greggs, M&S and Next in focus as July retail footfall drops further
August 06, 2021 05:31 PM AEST | By Kamalika GhoshSummary As per the British Retail Consortium-Sensormatic IQ tracker, UK’s retail footfall was 28% lower in July compared to two years a...
Robust earnings of Games Workshop and Moonpig amid fall in UK’s July...
July 28, 2021 09:49 PM AEST | By Kamalika GhoshSummary Retail sales in the United Kingdom saw a marginal dip in July 2021. Still, sales numbers are in line if compared with the pre-pandemi...
Spotlight on 3 FTSE listed grocers as ‘pingdemic’ causes food scarci...
July 23, 2021 12:37 AM AEST | By Suhita PoddarSeveral UK supermarkets, and other wholesale companies are facing an unprecedented shortage of food supplies after the NHS test and trace app sent out...
Needle on 3 FTSE listed Supermarkets amid fall in online sales
July 22, 2021 12:20 AM AEST | By Kamalika GhoshSummary Online grocery sales saw a decline of 2.6% in the four weeks leading to 11 July. Reopening of the hospitality sector and consume...
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Focus on 3 FTSE retailers as self-isolation rules cause severe staff...
July 19, 2021 06:57 PM AEST | By Suhita PoddarSummary UK retail firm Marks and Spencer and industry body Confederation of British Industry joined a growing list of firms calling for immed...
5 FTSE stocks that may get impacted from new face mask rule
July 15, 2021 06:59 PM AEST | By Kamalika GhoshThough not mandated by law, the government has recommended shoppers wear face masks Monday onwards, when the last of the Covid-related restrictions wo...
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Top 5 FTSE retail stocks for July
July 15, 2021 03:52 PM AEST | By Suhita PoddarSummary The UK reported a 13.1% surge in retail sales in June 2021 and for the second quarter of 2021, sales were up by 10.4%, as per the Bri...
Boohoo struggles to keep co-founder away from $100-m US lawsuit
July 14, 2021 08:51 PM AEST | By Suhita PoddarSummary The US $100-million lawsuit has accused the online retailer of using fake sales and promotions to mislead shoppers in the US. The la...
3 most interesting FTSE 100 retail stocks post covid-19 hit
July 09, 2021 06:03 PM AEST | By Suhita PoddarSummary UK retail sector’s total footfall in June fell by almost 28 per cent from pre-pandemic levels two years ago as shoppers are making mo...
Morrisons shares surge 11% after accepting £6.3 billion takeover dea...
July 05, 2021 06:10 PM AEST | By Suhita PoddarSummary WM Morrisons Supermarkets has agreed to an all-cash takeover offer worth up to £6.3 billion from a group of investors led by Softbank...
Why Gap is shutting down all its stores in the UK and Ireland
July 02, 2021 12:00 AM AEST | By Suhita PoddarSummary Gap Inc, which owns 81 stores in the UK and Ireland, is shutting them all. The company will undergo a&...
Why Morrisons rallied despite rejecting an offer from Clayton?
June 21, 2021 09:32 PM AEST | By Kamalika GhoshSummary UK’s fourth-largest supermarket chain by market share has vetoed an unsolicited takeover bid from a leading private equity firm Clayt...
2 Retail Stocks in Focus: Halfords Group Plc and Motorpoint Group Pl...
June 18, 2021 07:03 PM AEST | By AbhijeetSummary Halfords Group Plc reported a 13.1% rise in revenue in FY21 recommended a dividend of 5p per share. Motorpoint Group Plc revenue for FY 21...
Stiff Competition for Tesco and Likes, Mere to Open 300 Stores Acros...
June 16, 2021 08:11 PM AEST | By Kamalika GhoshSummary A new budget supermarket Mere is set to open 300 stores across the UK. The supermarket chain will be 30% cheaper than the existing budget...
Retail Stocks Under Watch as UK Consumers Expected to Spend £408 Bil...
June 14, 2021 11:37 PM AEST | By Kamalika GhoshSummary UK shoppers are expected to spend £408.5 billion in 2021, after months of lockdown. The retail sales are expected to grow at 3.5% th...
Carrefour And Tesco Announce End of Purchasing Alliance
June 07, 2021 09:35 PM AEST | By Suhita PoddarSummary UK based supermarket major Tesco ended its 3 year purchasing alliance with France’s Carrefour, which has been operational since 2018...
Tesco Shares Not Much Impacted by Adverse ECJ Ruling
June 04, 2021 07:46 PM AEST | By Kamalika GhoshSummary The EU court ruled in favour of Tesco female shop floor workers in an equal pay dispute, triggering over £2.5 billion back pay claims...
JD Sports cracks 2% as it agrees to sell Sports Unlimited Retail
June 04, 2021 12:55 AM AEST | By AbhijeetSummary JD Sports shares tumbled a little more than 2 per cent on Thursday The company has agreed to sell Sports Unlimited Retail BV Shares clock...
UK Shop Price Deflation Eases in May: Shoe Zone and JD Sports in Act...
June 02, 2021 07:07 PM AEST | By Suhita PoddarSummary May’s shop price fall was lower than the previous month’s decrease of 1.3 per cent, said the latest BRC report. The deflationa...
Marks & Spencer Posts A Loss Of £201.2 Million; Clothing & Home Sect...
May 26, 2021 10:13 PM AEST | By AbhijeetSummary Marks & Spencer Group posted a loss of £201.2 million for the 53 weeks ended 3 April. The group said clothing & home results...
AI on the Rise: A Look at Top AI Companies and Their Stocks
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