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Thread: Worst Christmas for retailers in a decade, says BRC

  1. #1

    Worst Christmas for retailers in a decade, says BRC

    Worst Christmas for retailers in a decade, says BRC
    10 January 2019



    Retail sales were flat in December, as UK businesses experienced their worst Christmas in a decade, according to the British Retail Consortium (BRC).
    Total retail sales showed 0% year-on-year growth during the month, the worst December performance since 2008.
    The BRC said price cuts appeared not to have been enough to encourage shoppers.

    https://www.bbc.com/news/business-46807146



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  3. #2
    Retail stocks get crushed as Macy's, Kohl's holiday sales numbers disappoint
    Julia La Roche
    January 10, 2019
    Macy’s (M) shares dropped around 18% after the department store lowered its full-year guidance to a range $3.95 to $4.00, down from $4.10 to $4.30. The department store giant reported holiday comp-store sales growth of 0.7% at its owned stores and 1.1% including its licensed stores. The department store said it expects full-year comp stores sales growth of approximately 2%, down from the 2.3% to 2.5% range it previously gave.
    https://finance.yahoo.com/news/retai...152603499.html

  4. #3
    Zero percent in Dec in UK ? Those heathens must have skipped Christmas .
    Do something Danke

  5. #4
    Quote Originally Posted by oyarde View Post
    Zero percent in Dec in UK ? Those heathens must have skipped Christmas .
    Compared to the December before.

  6. #5
    Quote Originally Posted by oyarde View Post
    Zero percent in Dec in UK ? Those heathens must have skipped Christmas .
    If we were on Reddit, the answer here would be "at least they have health care!"

  7. #6
    Quote Originally Posted by Zippyjuan View Post
    Compared to the December before.
    Well those Redcoats are going to crash the eurozone economy unless the germans carry them. You would think you could get .1 in growth with some Christmas dinners spending .
    Last edited by oyarde; 01-10-2019 at 09:01 PM.
    Do something Danke

  8. #7
    Good news everyone. Dollar Tree and Dollar General Stores have increased in stock value! hurry buy it.

  9. #8
    Quote Originally Posted by CaptainAmerica View Post
    Good news everyone. Dollar Tree and Dollar General Stores have increased in stock value! hurry buy it.
    I made some good money off them after the crash .
    Do something Danke



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