We didn’t think we’d still be talking about the impact of Black Friday this far into the New Year. But the latest Ipsos Retail footfall tracker, shows us that the big discount day in late November affected January.
Pep&Co may be gearing up for major UK and Ireland expansion as it opens in more Poundland stores, but once they’re open, it will be forging ahead without its current managing director and trading director.
Hundreds of Topshop and Topman stores could see imminent staff cuts as the Arcadia-owned chain becomes the latest UK retailer seeking to rationalise its stores in the face of lower footfall and the migration to e-tail.
As the UK gets ready for a spate of trading updates, it seems that the week before Christmas saw a late shopping surge with fashion sales rising year-on-year, but it's unlikely to have rescued an otherwise weak season.