Online Sales
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May- 2022 -25 MayIndustry News
Pets at Home reports record year as profits surge
Pets at Home has reported that its underlying pre-tax profits have surged 65.3% to £144.7m for the year to March 2022. Retail revenue grew by 18.5% after store and online sales rose by 17.7% and 18.4% respectively. The company also reported a total group revenue growth of 15.3% to £1.3bn,…
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Mar- 2022 -18 MarchFeatures
13 Spring Statement predictions
With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only been exacerbated by Russia’s invasion of Ukraine, all eyes will be on the chancellor when he makes his Spring Statement speech on 23 March 2022. Here, Christy Wilson, tax associate…
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Jan- 2022 -24 JanuaryIndustry News
2021 footfall found to be 31% lower than in 2019
Footfall across all UK retail destinations was –31.1% lower than in 2019, but up from -39.1% in 2020, with retail parks continuing to display a “notable resilience” than either high streets or shopping centres in retaining footfall, according to Springboard’s 2021 report. Springboard said that “it was the three month…
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Dec- 2021 -13 DecemberIndustry News
Online sales plummet in November
Online retail sales recorded their lowest ever growth in the month of November – falling by 19.8% Year-on-Year (YoY), according to the latest IMRG Capgemini Online Retail Index. While this does compare to a strong November 2020 (36.2%), the Month-on-Month (MoM) figures were equally negative – showing a rise of…
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10 DecemberIndustry News
Plan B to ‘significantly’ impact footfall, report finds
There will reportedly be a significant impact on footfall in UK retail destinations following the government’s announcement regarding Plan B, which includes guidance to work from home, according to retail experts Springboard. According to Springboard, in Central London and city centres outside of the capital, footfall is currently -20% below…
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1 DecemberIndustry News
Black Friday online sales drop after re-opening
With no lockdown yet enacted this autumn, online retail sales for Black Friday were down -14.3% year-on-year (YoY), according to the latest figures from the IMRG Capgemini online retail index, which tracks the online sales performance of over 200 retailers. This was slightly more than the anticipated -10% drop, and…
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Nov- 2021 -23 NovemberRetailers
Pets at Home sees H1 profits grow to £70.2m
Pets at Home has revealed that for the 28-week period ending 7 October 2021, pre-tax profits grew 77.2% to £70.2m from £39.6m the previous year. Total group revenue rose 18% to £677.6m from £574.4m in 2020 and was boosted by the continuing increase in active customers. Meanwhile retail sales jumped…
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Jul- 2021 -13 JulyEconomy
UK retail sales jump 13.1% in June
Total retail sales in the UK increased by 13.1% in June, according to the latest BRC-KPMG retail sales monitor. On a like-for-like basis, the country’s retail sales rose by 17% from June 2019, with non-food reporting a like-for-like sales jump of 47%. In the nation’s high street stores, sales were…
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Jun- 2021 -18 JuneEconomy
Return to restaurants sees retail sales fall by 1.4%
UK retail sales fell by 1.4% between April and May, following a sharp increase in April when retail restrictions were eased, according to data from the Office of National statistics (ONS). The largest contribution to the monthly decline came from grocery stores where sales volumes fell by 5.7% – the…
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Apr- 2021 -8 AprilSponsored
Kennelgate relaunches online as PetsandFriends.co.uk
Almost a year ago now back in March 2020, East-Midlands-based pet store chain Kennelgate (an umbrella brand of Kennelpak) saw what a lot of other retailers did, a huge boom in online sales due to the coronavirus lockdown. However, even with over 40 years in the industry, e-commerce trading was…
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