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Signet reveals 7.8% rise in holiday sales Tuesday, 10th January 2012
The largest speciality retail jeweller in the US and the UK on Tuesday revealed same-store sales over nine weeks of the Christmas holiday season grew by 7.8 per cent year-on-year. Representing around 80 per cent of total group sales, US same-store sales increased 9.2 per cent for the holiday period. In the UK, which accounts for around 20 per cent of total group sales, Signet’s same-store sales rose by 1.8 per cent for the same period.
BRC: “Dazzling” Christmas not enough to rescue “miserable year” for industry Tuesday, 10th January 2012
As expected, heavy discounts helped to drive sales in December, with soft comparables from the year before bringing in some encouraging sales growth. The British Retail Consortium (BRC) has reported on a “dazzling” pre-Christmas rush helping to boost sales in December. Sales grew 2.2. per cent in December compared to a year ago, with total sales up 4.1 per cent.