United Kingdom retailers report worst Christmas since 2008

11 Janvier, 2019, 15:44 | Auteur: Auguste Feret
  • Shoppers look for bargains in Selfridges department store during the Boxing Day sale

On a same-store basis, United Kingdom retail sales slipped 0.7 per cent, compared with a 0.6 per cent uplift in December 2017.

While more business moved away from stores to the web, the joint British Retail Consortium-KPMG report showed that online growth slowed to 5.8 per cent from 7.6 per cent. Non-food sales at stores open for at least a year dropped by almost 4 per cent in the three months to December, while food sales rose by 0.6 per cent. It meant that the slice of sales going to online retailers edged above 31% - increasing from 29.1% of total sales in December 2017 to 31.2% last month.

Paul Martin, UK head of retail at KPMG, said: "Retailers experienced little festive cheer this year, with total sales in December delivering zero growth on last year".

The company's impromptu trading update was enough to fuel fears of a Christmas catastrophe for United Kingdom retailers, coming off the back of a turbulent year in which former high street stalwarts like the House of Fraser collapsed.

John Lewis, Ted Baker, Joules and Shoe Zone are among the retailers to have defied jitters with better-than-expected Christmas sales.

Non-food retail sales fell by 3.9 per cent on...

The BRC said price cuts appeared not to have been enough to encourage shoppers.

Although overall consumer spending rose by 1.8 per cent, this was the slowest growth since March 2016 and was a contraction in real terms when inflation is taken into account.

Barclaycard said growth in sales of essentials dipped to its lowest level since 2016, while clothing had a third consecutive month of falling sales.

Marks & Spencer saw its sales drop over the Christmas holiday period.

Analysts have also pointed to the rise of Black Friday as a source of woe for stores, with the November sales extravaganza shifting discounts to earlier in the year and impacting stock control for retailers.

A shop front displays its Black Friday sales in Oxford Circus
Image Black Friday discounts failed to deliver a big enough boost to lift high street sales in November

"Despite this, we had a positive Christmas trading period, thanks to the extraordinary efforts of partners in our business".

John Lewis said sales in the seven-week Christmas period were 1.4% higher than for the same period a year ago.

Footfall for the last Saturday on already struggling United Kingdom high streets plummeted more than 9% compared with the same time previous year, chiming with reports from the sector that consumers had become more cautious with their spending against a backdrop of uncertainty around Brexit and fears of a weakening economy.

"The worst December sales performance in 10 years means a challenging start to 2019 for retailers, with business rates set to rise once again this year, and the threat of a no-deal Brexit looming ever larger".

BRC chief executive, Helen Dickinson urged the Government to reform the "broken" business rates system and champion the future of retail in the UK.

She added: "The retail landscape is changing dramatically in the United Kingdom, while the trading environment remains tough".

The sluggish figures will make for grim reading for the retail sector, which is struggling to cope with a decline in footfall due to digital competition, as well as a rise in business rates and growing wages.

Halfords issued a profits warning.

Paul Martin, the United Kingdom head of retail at the survey compilers KPMG, said retailers had slashed prices to attract shoppers but had seen only modest returns for their efforts.

"Growth in food did provide a glimmer of hope, being among the few categories to notice an uptick", he added.

Lockie Ferguson double strike ends Sri Lanka’s chase in only T20
It was their best chance to beat New Zealand, who had lost nine of their last 10 games in T20Is coming into the clash. After pocketing the ODI series, New Zealand will look to grab the only T20I when they take on Sri Lanka in Auckland.

Amber Davies breaks silence on Louis Redknapp's horror fall
According to The Sun , she has been ordered by doctors to take two months off work and will now re-join 9 to 5 later this year. Louise Redknapp was rushed to hospital yesterday morning, after suffering a really bad fall.

Bollywood delegation meets Narendra Modi, discusses nation-building
Meeting the Honourable Prime Minister @narendramodi today was an incredible opportunity, he wrote in the caption. The meeting ended with a group picture of the entire Bollywood delegation with the Prime Minister.

Conseillé:

  • Chinese Huawei employee arrested on spying charge in Poland

    Chinese Huawei employee arrested on spying charge in Poland

    No evidence has been produced publicly and the firm has repeatedly denied the claims. A spokesman for the agency, Stanislaw Zaryn, said the two were arrested on Tuesday.
    Carlos Ghosn: Ex-Nissan chair faces 'two new charges'

    Carlos Ghosn: Ex-Nissan chair faces 'two new charges'

    Japanese media reports have suggested new charges could be levied against him on Friday, which could ensure he remains jailed. But afterwards Ghosn's lawyer said it would be "very difficult" to win bail and it could be months before his case is heard.
    LA Lakers release statement on LeBron James' injury

    LA Lakers release statement on LeBron James' injury

    Kuzma is averaging 18.8 points and 5.7 rebounds per game, while Brandon Ingram is averaging 16.3 points and 4.7 rebounds per game. They will be going for their second win in a row and fourth win in their last five contests when they face the Lakers on Friday.
  • Barcelona director Guillermo Amor backs Philippe Coutinho

    Barcelona director Guillermo Amor backs Philippe Coutinho

    He has not started a game since December 2 and saw just seven minutes of action during a 2-1 victory over Getafe on Sunday . Overall, Coutinho has made 23 appearances for Barcelona this season, scoring five goals and assisting in another four.

    "Baby Shark" swims onto Billboard Hot 100

    The iteration of the beloved song first went viral in Indonesia, making its way to the US this past summer. Love it or hate it, a popular and infectious children's song has made it onto the Billboard Hot 100.
    Indian nurse 'pulls baby's head off during birth'

    Indian nurse 'pulls baby's head off during birth'

    The man in charge of the heath centre in Ramgargh, Dr Nikhil Sharma, said he wasn't present at the time of the incident. Health minister Raghu Sharma said, "Those guilty will be punished and strict action will be taken after investigation".
  • Surviving R Kelly UK streaming

    Surviving R Kelly UK streaming

    In 2008, although authorities charged Kelly with 21 counts of child pornography, Kelly became acquitted of all charges. Kelly " and talked about a report that states investigators are looking to bring charges against the singer.
    Climate scientists alarmed at speed of ocean warming

    Climate scientists alarmed at speed of ocean warming

    The world's oceans are rising in temperature faster than previously believed as they absorb most of the world's growing climate-changing emissions, scientists said Thursday.
    Aldridge scores 56, Spurs outlast Thunder in 2OT

    Aldridge scores 56, Spurs outlast Thunder in 2OT

    After the Spurs essentially abandoned the 3-pointer after their hot start, White drained a 3 to put San Antonio up 129-126. In his first career 50-point game, he finished with 56. "I definitely want to have that ball to add to the collection".
  • Anne Hidalgo renonce à la gratuité universelle des transports en commun — Paris

    Anne Hidalgo renonce à la gratuité universelle des transports en commun — Paris

    Mais il ne faut pas oublier les autres leviers: l'amélioration de l'offre, de la qualité et du confort des transports publics. A la prochaine rentrée scolaire, la mesure sera étendue à tous les 4-11 ans.
    Un combat de boxe Booba/Kaaris en avril

    Un combat de boxe Booba/Kaaris en avril

    Booba avait commencé à annoncer ce combat via une bande annonce faite par un internaute et digne d'un blockbuster américain. Un programme bien ficelé selon Booba , " Le Duc de Boulogne", qui n'avait omis qu'un détail: l'autorisation de la ville.
    Browns hiring Freddie Kitchens as new head coach

    Browns hiring Freddie Kitchens as new head coach

    Elway has famously been unable to figure out his franchise's quarterback since Peyton Manning retired following the 2015 season. But when the Browns fired Hue Jackson and Todd Haley in November, Kitchens was promoted to offensive coordinator.


Populaire

Muller, Woeber and Lovren handed match bans — UEFA crackdown
UEFA's disciplinary panel imposed a two-game ban on Friday for Mueller's red card after a bad tackle against Ajax last month. Speaking after his red card, Muller said: 'I would like to apologise to Nico Tagliafico.

Bientôt un métro entre France et Andorre — Pyrénées-Orientales
Alors que le financement de ce projet exceptionnel reste à définir, la facture devrait être d'au moins 150 millions d'euros . Le métro relierait les villes de Porta , en France, et Pas-de-la-Case, en Andorre , explique France Bleu .

Woman Suffers Rare Medical Condition Rendering her Unable to Hear Men's Voices
According to the World Health Organization , around 466 million people across the world are affected by some kind of hearing loss. Anyone who suffers from low frequency hearing loss, generally, can't hear noises that have a frequency of 2,000 Hz or below.

Victoires de la musique: Eddy de Pretto et Orelsan mènent les nominations
Pour l'Album rap de l'année, sont nommés Moha La Squale avec Bendero , Damso avec Lithopédion et Georgio avec XX5. Chatterton, Les rescapés de Miossec et Radiate de Jeanne Added .

Republican leader in Texas likely to be removed because "He Is Muslim"
The person behind the campaign against him is Dorrie O'Brien, a precinct chairwoman, who makes no secret of her dislike of Islam. Shafi denies both claims, saying he supports the American court system. "Here are the facts".

Kevin Fret, Openly Gay Latin Trap Artist, Shot Dead at 24
An FBI official recently declared that the island is facing a " crisis of violence ". "This violence must stop", Rodriguez said. Fret was shot eight times while riding his motorbike in the street at around 5.30am, according to local media.

Protests In Bihar's Gaya After Teen Found Beheaded, Family Alleges Rape
Locals on Wednesday took out a protest candle march in Gaya demanding the immediate arrest of those involved in the killing. She also revealed that the victim was seen last with their father's butcher friend, Leela Patwa, on December 31 night.

Steph Curry leads all Western Conference guards in All Star voting
TNT will reveal All-Star Game starters, including the two captains, on Thursday, Jan. 24 during their pregame show. The latest round of All-Star voting returns are in and, at the very top of each conference, nothing has changed .

Billionaire environmentalist Steyer will not enter 2020 White House race
Steyer says the president has already committed at least 10 impeachable offenses since he took office. Billionaire investor and Democratic activist Tom Steyer will not run for president in 2020.

Edmond d'Alexis Michalik (Critique de film)
En désespoir de cause, il propose au grand Constant Coquelin une pièce nouvelle, une comédie héroïque, en vers, pour les fêtes. C'est un vrai plaisir de découvrir au cinéma cette pièce d'Alexis Michalik , récompensée de cinq Molière e.