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Tag: gloom

Amazon stock hits record high amid coronavirus gloom, Retail News, ET Retail

Despite gloom all over, Amazon saw its stock zooming over 5 per cent to an all-time high of over $2,283 per share, leaving the ecommerce giant with $1.1 trillion worth and adding $6.5 billion to its Founder and CEO Jeff Bezos fortune. Amazon has been a favourite among ‘sheltered-at-home’ investors because of an unprecedented surge …

Amazon stock hits record high amid coronavirus gloom, Retail News, ET RetailRead More

Gloom for Myntra, Pepperfry, others as sales fall by 20%, Retail News, ET Retail

BENGALURU: Specialised online retail verticals, such as Lenskart, Myntra, Nykaa, Pepperfry, FirstCry and Zivame, which have a significant offline presence, have seen sales fall as much as 20% over the last two weeks, investors in the know and industry experts told ET. In some cases, the decline has been as high as 35%, they said. …

Gloom for Myntra, Pepperfry, others as sales fall by 20%, Retail News, ET RetailRead More

High street gloom continues as fears grow over UK economy | Business

High street sales in Britain slumped in December as consumers reined in their spending over the key Christmas shopping period, adding to the gloom facing embattled retailers across the country and increasing the likelihood of an interest rate cut later this month. According to the Office for National Statistics, retail sales failed to rise for …

High street gloom continues as fears grow over UK economy | BusinessRead More

Five Ways High Street Retailers can Beat the Gloom this Black Friday

After Black Friday 2018 failed to deliver in terms of high street sales, Andrew Dunbar, General Manager, EMEA at global digital consultancy Appnovation, discusses five creative strategies that retailers could adopt to boost footfall in 2019. Photo by Blake Wisz on Unsplash Despite the massive hype we’ve had around Black Friday in the last few …

Five Ways High Street Retailers can Beat the Gloom this Black FridayRead More

Primark ramps up US ambitions as sales defy high street gloom | Business

Primark is to step up expansion in the US and move into Poland after reporting a rise in annual sales that defied a difficult period for clothing retailers around the world. The cut-price clothing chain, which does not sell online, said sales were up 4% and it planned to open 19 stores around the world …

Primark ramps up US ambitions as sales defy high street gloom | BusinessRead More

Primark ramps up US ambitions as sales defy high street gloom | Business

Primark is to step up expansion in the US and move into Poland after reporting a rise in annual sales that defied a difficult period for clothing retailers around the world. The cut-price clothing chain, which does not sell online, said sales were up 4% and it planned to open 19 stores around the world …

Primark ramps up US ambitions as sales defy high street gloom | BusinessRead More

It will take more than a few boughs of holly to brighten the retail gloom | Business

It’s Christmas! Well, nearly. Last Friday, Argos was the first retailer to broadcast a festive TV ad, signalling the start of what has traditionally been an orgy of consumption in Britain’s shops. But behind the in-store displays of tinsel and looped selection of past Christmas hits, there isn’t much cheer for Britain’s high streets and …

It will take more than a few boughs of holly to brighten the retail gloom | BusinessRead More