Retailers doing well in the U.K. 2019/20

[crankedup]

As a counter to the other thread (retailers in trouble) a bit of positivity. I will kick off with the high street retailer GREGGS with a 15% rise in profit from its 2018 reporting. Very nice to see some of that go to the employees in the shape of £300 bonus each and a lift in the shareholders dividend.

[Nickgnome]

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

[anonymous-user]

Fortnum & Mason

https://www.retail-week.com/grocery/fortnum-and-ma...

"For the five weeks to December 29, the luxury retailer reported 15% total sales growth and a 13% uptick in like for like sales across the entire business.

The retailer said that sales across its four bricks and mortar sites grew 13%, while online sales for the period surged 22% to make up 39% of Fortnum’s total sales mix."

[nikaiyo2]

JPJPJP said:

Fortnum & Mason

https://www.retail-week.com/grocery/fortnum-and-ma...

"For the five weeks to December 29, the luxury retailer reported 15% total sales growth and a 13% uptick in like for like sales across the entire business.

The retailer said that sales across its four bricks and mortar sites grew 13%, while online sales for the period surged 22% to make up 39% of Fortnum’s total sales mix."

Lol I went into Fortums the week end before Christmas, and left as it was so packed.

[alfaman]

crankedup said:

As a counter to the other thread (retailers in trouble) a bit of positivity. I will kick off with the high street retailer GREGGS with a 15% rise in profit from its 2018 reporting. Very nice to see some of that go to the employees in the shape of £300 bonus each and a lift in the shareholders dividend.

They serve an expanding customer market

[anonymous-user]

Nickgnome said:

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

Point 1 - thread title content 'retailers'. Most operate in the home market and therefore don't export.
Point 2 - they employ people and they buy from suppliers. That's contributing to the economy.

[anonymous-user]

Ikea has an idea

In a UK first, the Swedish retailer has bought Kings Mall Shopping Centre in Hammersmith, where it will set up a smaller store to open in 2021.

https://www.standard.co.uk/news/london/ikea-small-...

[valiant]

crankedup said:

As a counter to the other thread (retailers in trouble) a bit of positivity. I will kick off with the high street retailer GREGGS with a 15% rise in profit from its 2018 reporting. Very nice to see some of that go to the employees in the shape of £300 bonus each and a lift in the shareholders dividend.

It’s good to see an employer recognising its staff hard work in making the business a success over and above its normal employee reward and bonus scheme. Other businesses could learn a lesson from them.

They also do a mean sausage roll.

[Thankyou4calling]

Nickgnome said:

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

Do you mean the British public?

Yes I’d imagine they appeal to them.

[king arthur]

anonymous said:

[redacted]

They also, without a doubt, will have taken market share from Mcdonalds and other American fast food chains

[bazza white]

Not my cup of tea but online retailer Gym Shark. Seems to be growing quickly not just the uk but overseas. Lads done well for a bedroom startup. One problem is it could be a fad brand and fall as fast as its grown.

[Tuna]

Nickgnome said:

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

You are the gift that keeps on giving.

[crankedup]

alfaman said:

crankedup said:

As a counter to the other thread (retailers in trouble) a bit of positivity. I will kick off with the high street retailer GREGGS with a 15% rise in profit from its 2018 reporting. Very nice to see some of that go to the employees in the shape of £300 bonus each and a lift in the shareholders dividend.

They serve an expanding customer market

Very droll, I like it

[ninepoint2]

Tuna said:

Nickgnome said:

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

You are the gift that keeps on giving.

Indeed a quality contribution to the thread!!

[crankedup]

bazza white said:

Not my cup of tea but online retailer Gym Shark. Seems to be growing quickly not just the uk but overseas. Lads done well for a bedroom startup. One problem is it could be a fad brand and fall as fast as its grown.

I’m personally well passed this particular ‘garment’, but if it’s doing a good trade, hats off and wish the innovators well. They represent the ‘can do’ that the U.K. has been known for.

[voyds9]

Nickgnome said:

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

Just be happy they are not in Claridges

[crankedup]

JPJPJP said:

Fortnum & Mason

https://www.retail-week.com/grocery/fortnum-and-ma...

"For the five weeks to December 29, the luxury retailer reported 15% total sales growth and a 13% uptick in like for like sales across the entire business.

The retailer said that sales across its four bricks and mortar sites grew 13%, while online sales for the period surged 22% to make up 39% of Fortnum’s total sales mix."

Whilst many ‘brick mortar’ are struggling its great to read of success. Quality and personal service matters.

[B'stard Child]

ninepoint2 said:

Tuna said:

Nickgnome said:

Probably appeal to the same customer base as Wetherspoons.

Do they export much?

You are the gift that keeps on giving.

Indeed a quality contribution to the thread!!

+1

[vikingaero]

JPJPJP said:

Ikea has an idea

In a UK first, the Swedish retailer has bought Kings Mall Shopping Centre in Hammersmith, where it will set up a smaller store to open in 2021.

https://www.standard.co.uk/news/london/ikea-small-...

Novel. A private cash rich company buying freehold so that in effect they are trading "rent free". PE Companies could learn from them....

[anonymous-user]

I think Weatherspoons goes here

https://www.londonstockexchange.com/exchange/news/...

22 January 2020
J D WETHERSPOON PLC
Q2 Quarterly Business Update

J D Wetherspoon plc ('J D Wetherspoon' or 'the Company') announces its Q2 business update. The Company's interim results for the six months ending 26 January 2020 are expected to be announced on 20 March 2020.

Current trading

For the first 12 weeks of the second quarter (to 19 January 2020), like-for-like sales increased by 4.7% and total sales by 4.2%. In the year to date (25 weeks to 19 January 2020), like-for-like sales increased by 5.0% and total sales by 4.9%.