This ad will be closed automatically in X seconds.

In the news this week… Retail Round-up

John Lewis, Christmas predictions and consumer confidence on the high street.

The Source rounds up some of the key retail stories of the week.

John Lewis saw its sales rise by 2.1% year on year last week, with online sales at increasing by 9.2%. The biggest percentage increase was in fashion (up 5.9%), while home sales grew 5%. However, electrical and home technology was 4.3% down.

The GfK consumer confidence index dropped by one point to +2 in October. Confidence in the general economy over the last 12 months and upcoming year both fell, as did consumers’ willingness to make a major purchase. However, respondents’ confidence in their personal financial situation increased over the last 12 months.

New research by Mintel has projected that UK retail sales will increase 2.5% year on year in December to £42 billion. The research company also said that in 2014, 11% of Brits purchased Christmas gifts on Black Friday, which it estimates increased November’s sales by £400 million. Out of these sales, 12.5% took place online.

A new look chip and pin gift card will be available from retailers in London’s Oxford Street ahead of Christmas. The cards can be loaded with up to £5,000, but are only available to buy online. The 18-month pilot scheme by the New West End Company will enable shoppers to use the gift cards at any retailer that has regular chip and pin machines, and accepts MasterCard payments, said Retail Week.

Mattel is accelerating its expansion into console games with the announcement of a multi-year strategic partnership with Outright Games, beginning with three new games for all consoles and PC, slated for release before the end of this year....
Jazwares has entered into a multiyear global toy licensing agreement with Scottgames LLC to produce a toy line inspired by the survival horror video game and film franchise Five Nights at Freddy’s. ...
Jane Garner’s funeral/celebration of life will be held on Friday 31 May...
Adding to its ever-expanding music portfolio, Hasbro has announced the summer release of Peppa's Party: The Album, the fifth studio release from beloved global preschool icon Peppa Pig, who is celebrating her 20th birthday this year....
Peter Rabbit
Penguin Ventures has announced its renewed long-term agency agreement with Sony Creative Products (SCP) in Japan for The World of Peter Rabbit, on behalf of brand owner and Beatrix Potter’s original publisher Frederick Warne & Co Ltd....
Supercell is expanding its partnership with WildBrain CPLG to bring Brawl Stars consumer products to millions of fans across the globe....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.