J D Sports said that its investment in multichannel retail had helped it to profit from the current popularity of athleisure clothing.
J D Sports credits multichannel approach for growth
Tag: sales
Game to focus on digital as offline sales slow
Game Digital is to put multichannel retailing at the heart of its strategy as it reported falling first-half sales and profits amid “challenging” trading conditions in the UK video games market. While overall sales were down, online traffic grew by 5.7 per cent year-on-year and sales of digital content were up by almost 10 per cent.
Naked Wines hits £100m in ecommerce sales
According to parent company Majestic Wine the milestone was thanks to a focus on social distribution to provide ‘angel’ customers with exclusive access to quality wine, backed up by customer service.
French Connection reports sales flat but online rebounds with winter collection
French Connection reported that 23 per cent of its revenue came from ecommerce in its latest financial year. Of that, 48 per cent of sales were over smartphones and tablet computers.
Wickes and Toolstation increase sales both on and offline
Travis Perkins reported revenue increased by 6.5 per cent, like-for-like revenue up 3.8 per cent (11.4 per cent two-year like-for-like), and said that transformation helped its consumer division, which includes Wickes and Toolstation to outperform the DIY market in 2015, both on and offline.
Homebase to disappear from the UK following HRG sale
Home Retail Group (HRG) has divested its DIY arm Homebase for £340 million, to Australian group Wesfarmers following approval of the deal by 99.3 per cent of shareholders.
Next trading statement predicts sales up in tough digital environment
Next has predicted that its strategy of resisting pre-Christmas discounts both online and offline will pay off in improved profitability, even though sales growth was subdued in the run up to Christmas at only +0.4 per cent
Will 2016 be the year of mobile?
Every time you turned around in 2015 somebody somewhere was discussing the growing importance of mobile as a sales channel, with some sites seeing 50 per cent of their traffic from mobile. But just because everyone talks about it doesn’t mean everyone’s doing it. Could 2016 be the year that mcommerce becomes a central part of retail strategy?
Black Friday weekend sales reach £3.3bn
The total spend for the 4-day Black Friday weekend in 2015 reached £3.3 billion, according to the latest figures from IMRG and Experian.
Amazon reports Black Friday biggest UK sales day to date
Amazon says it had its biggest sales day in the UK as shoppers rushed to buy bargains on Black Friday, with overall online sales across all retailers topping £1 billion in a single day.
Burberry sees multichannel opportunities, despite flat sales and profits
Burberry has reported flat sales for its first half, but says it sees opportunities across its sales channels and markets.
Sainsburys sales down but multichannel an advantage
Sainsburys reported sales down 18 per cent but with growing online and convenience sales in the first half of its financial year, chief executive Mike Coupe said that its investments in multichannel retail had given a “strategic advantage” to the supermarket.