Fast Retailing’s Uniqlo chain may have seen months of strong sales until now but it seems that in Japan at least, October was a less happy month. On Friday, the company said that its like-for-like sales plummeted by 10%, as did its total sales figure. That’s unusual given that those total sales include its online turnover and even in tough times, e-tail operations can often rise enough to push the overall company into positive territory.
With October rapidly becoming a nigh
John Lewis Partnership sales fell again in the latest week with a 2.2% drop down to £207.2 million. And the John Lewis & Partners department store chain fell an even worse 4.3% in the seven days up to last Saturday. The company blamed the weather for the drop, saying that the warmer weather compared to the same period last year has had an impact on sales of cold weather products. While there were widespread problems in October last year due to mild weather, September had actu
Yes, according to new research from Met Office and the British Retail Consortium, and it is warning that non-food retailers should brace themselves for the cost of an Indian Summer, which could mean they lose up to 80 million pounds per week in sales in September if the warmer weather continues. Based on Met Office analysis of weather data, the report states that there is a "clear relationship" between temperature and retail sales, which it reiterated with previous research t