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Tag: rise

Hotel Chocolat expects 3% sales rise after year of two very different halves

Image courtesy of Hotel Chocolat Hotel Chocolat today said it expected full-year sales to be 3% ahead of last time, after a year of two very different halves. Sales were up by 14% in the first half of the year – but fell by 14% in the second half as its shops closed during the …

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Unilever reports 49% rise in ecommerce sales as shoppers changed buying habits during Covid-19 lockdowns

Unilever today reported ecommerce sales growth of 49%, while overall turnover fell by 1.6%, as shopping habits changed during the Covid-19 lockdown. Unilever says its performance during the Covid-19 lockdown showed its strength and agility.   The organisation, whose brands include PG Tips, Dove, Hellmann’s and Magnum, said that the markets it sells in had …

Unilever reports 49% rise in ecommerce sales as shoppers changed buying habits during Covid-19 lockdownsRead More

Customer Growth Partners: Back-to-school spending to rise 3.7%, driven by online

E-commerce spending will fuel a solid back-to-school season for retailers even as most physical stores see declines.  That’s according to Customer Growth Partners’ 18th annual Back-To-School forecast, which predicted that sales will rise 3.7% year-over-year for the July -thought September period to $647 bllion. The 3.7% increase is slightly below the 10-year average back-to-school growth of …

Customer Growth Partners: Back-to-school spending to rise 3.7%, driven by onlineRead More

Commentary: Store retailers need to consider rise of multigenerational families

The number of Americans living in multigenerational households is at a record high and stretches across all ages. Young adults are now most likely to live with other generations, whereas previously it was adults aged 85 and older. With residences containing a significant span of age groups, smart retailers need to recognize the necessity for a tiered …

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Charity assisting retail workers sees 30% rise in requests for help | Society

High street closures in 2019 Thousands of high street jobs have been lost this year as a result of high profile retail administrations and thousands more are at risk as Mothercare, Debenhams and Forever 21 prepare for closures. Here are some of the key industry names that have been affected. Mothercare: Has 79 stores and …

Charity assisting retail workers sees 30% rise in requests for help | SocietyRead More

Myntra registers 67% rise in orders over last year on first day of EORS, Retail News, ET Retail

Bengaluru: Fashion etailer Myntra noted record sales on the first day of its flagship sale End Of Reason Sale (EORS). The Flipkart-owned fashion marketplace sold 1.77 lakh items within the first ten minutes of the sale going live. Overall, 3.3 million products were sold. This is highest ever order registered on the first day on …

Myntra registers 67% rise in orders over last year on first day of EORS, Retail News, ET RetailRead More

Investors punish FedEx as it struggles to adapt to rise in e-commerce

A FedEx delivery truck is seen on August 07, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images FedEx investors punished the company’s shares Wednesday after it released disappointing earnings a day earlier and cut its profit outlook for at least the third time in 2019. The delivery company is struggling to adapt to …

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Sports Direct profits rise as it cuts House of Fraser losses | Business

Sports Direct has said it expects to increase profits by up to 15% this year after reducing losses at House of Fraser. Mike Ashley’s retail empire forecasts profits of up to £390.3m for the year to April 2020 after underlying pretax profits increased 58% to £101.8m in the first half. Losses almost halved to £15.9m …

Sports Direct profits rise as it cuts House of Fraser losses | BusinessRead More

Christmas tree prices rise as drought and fire hit crops, farms close

Roberto Marques carries a tree as he helps a customer shop for a Christmas tree in Miami, Florida. Joe Raedle | Getty Images It’s the focal point of a magical holiday for many American families: the Christmas tree, adorned with ornaments and bright lights. But for farmers, it’s an agricultural crop that they grow and …

Christmas tree prices rise as drought and fire hit crops, farms closeRead More