UK: easing inflation signals positive trends for retail
As retailers implement strategic discounts and promotional offers, consumers can expect to find better deals, particularly during the festive season.
01 November 2024
01 November 2024
As retailers implement strategic discounts and promotional offers, consumers can expect to find better deals, particularly during the festive season.
John Lewis stores have already begun filling 2,000 roles.
The transaction is set for completion in early December 2024.
The company will also reopen three existing stores that have been relocated, refurbished or extended.
With the opening of the new distribution centre, the supermarket completes the transformation of its supply chain.
The company, which raised its full-year guidance on 15 October, saw operating profit soar 46% year-on-year.
Annual shop price growth in October is at its lowest since August 2021.
The company registered a net income of $52.17m in the quarter, against a net loss of $450.69m in the same quarter last year.
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