The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9,208.00
Bid: 9,248.00
Ask: 9,250.00
Change: 0.00 (0.00%)
Spread: 2.00 (0.022%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 9,208.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Britain on track for record Black Friday sales

Fri, 26th Nov 2021 15:32

* Transactions up 23% on 2020 as of 1700 GMT -Barclaycard

* Sales forecast to hit 9.15 bln stg
-GlobalData/Vouchercodes

* Amazon disrupted by climate activists
(Adds latest Barclaycard data)

By James Davey

LONDON, Nov 26 (Reuters) - Britain looks to be on track for
record sales over the Black Friday discount weekend despite
supply chain disruption, with data indicating nearly one quarter
more shopper transactions so far compared with last year.

Barclaycard, which processes nearly 1 pound ($1.33) in every
3 pounds spent on credit and debit cards in the United Kingdom,
said the volume of payment transactions as of 1700 GMT was up
2.4% versus the same period in 2019 and up 23% on 2020, when
non-essential stores were closed due to a COVID-19 lockdown.

"Consumers have retained their love for grabbing a Black
Friday bargain, proving this event remains a firm fixture in the
annual shopping calendar," said Rob Cameron, CEO of Barclaycard
Payments.

Analysts at GlobalData for the VoucherCodes Shopping for
Christmas report forecast total sales of 9.15 billion pounds
over the four day Black Friday to Cyber Monday period - up 15.1%
on the 7.95 billion pounds taken in 2020 and up 6.8% on the 8.57
billion pounds taken in 2019.

Black Friday, taking place against a backdrop of shortages https://www.reuters.com/business/retail-consumer/shortages-cast-shadow-over-britains-black-friday-2021-11-26
of both products and drivers to deliver them, is particularly
important for department store group John Lewis, consumer
electricals retailers Currys and AO World and
general merchandise retailer Argos, which is part of supermarket
group Sainsbury's.

While Tesco, Britain's biggest retailer, and Asda
are also participating, some major retailers, including Marks &
Spencer and Next, shun the event.

On Thursday, UK retailers reported the strongest
pre-Christmas demand since 2015 but also the biggest price rises
since 1990, as fears of shortages led shoppers to buy gifts
early, figures from the Confederation of British Industry
showed.

On Tuesday, AO warned of limited supplies of games consoles,
including Sony's PlayStation and Microsoft's
Xbox, and Apple iphones, blaming the global shortage of
semiconductor chips.

Earlier this month, Sainsbury's similarly warned shoppers to
expect a shortage of electronics products.

Currys, however, has said it is well stocked.

Delays in international supply chains are being compounded
by labour shortages in domestic transport and warehousing
networks, with a shortage of heavy goods vehicle (HGV) drivers
particularly acute.

Amazon's Black Friday was disrupted by climate
activists https://www.reuters.com/business/cop/climate-activists-target-amazon-depots-britain-black-friday-2021-11-26
targeting 15 depots across Europe and it also faced protests by
workers and delivery drivers in Germany, France and Italy.

In the U.S. stores were less crowded than in years past as
major retailers opened their doors early.
(Reporting by James Davey; Editing by Susan Fenton, Raissa
Kasolowsky and Louise Heavens)

More News
13 Oct 2023 15:49

TOP NEWS: Next to acquire FatFace for GBP115.2 million

(Alliance News) - Next PLC on Friday said it will acquire FatFace Group Ltd for GBP115.2 million from a consortium of financial institutions.

Read more
11 Oct 2023 16:48

PRESS: Next eyes up FatFace in GBP100 million deal - Sky News

(Alliance News) - Sky News on Thursday reported that Next PLC is lining up FatFace as its latest high street takeover deal.

Read more
11 Oct 2023 15:01

London close: Stocks weaker amid Gaza tensions, hot US producer prices

(Sharecast News) - Stocks in London ended in the red on Wednesday, impacted by heightened concerns regarding global inflation and ongoing situations in the Middle East.

Read more
11 Oct 2023 12:50

Next close to snapping up FatFace in £100m deal - report

(Sharecast News) - Next is reportedly close to snapping up FatFace in a deal worth more than £100m.

Read more
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more
9 Oct 2023 10:33

JPMorgan places Next, AB Foods on 'negative catalyst watch'

(Sharecast News) - JPMorgan Cazenove placed the shares of Next and Primark owner Associated British Foods on 'negative catalyst watch' on Monday as it took a look at the European general retail sector.

Read more
9 Oct 2023 08:54

LONDON BROKER RATINGS: Numis raises Rotork and cuts Bodycote

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
9 Oct 2023 07:42

LONDON BRIEFING: Metro Bank secures deal to shore up finances

(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report.

Read more
2 Oct 2023 17:17

TOP NEWS: Next CFO to step down next year; announces successor

(Alliance News) - Next PLC on Monday announced that Chief Financial Officer Amanda James has decided to retire from full-time work and will step down from its board on July 26, 2024.

Read more
2 Oct 2023 15:00

Next CFO Amanda James to step down next year

(Sharecast News) - Clothing and homeware retailer Next said on Monday that chief financial officer Amanda James plans to step down from the board in July 2024 after 28 years with the company.

Read more
26 Sep 2023 09:23

LONDON BROKER RATINGS: RBC likes Bellway, Redrow among housebuilders

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
22 Sep 2023 09:33

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
22 Sep 2023 08:42

LONDON MARKET OPEN: Stocks slip after central bank rate calls

(Alliance News) - Stock prices in London opened lower on Friday, but managed to avoid the steep declines seen in New York, as investors mulled over an eventful week dominated by central bank decisions.

Read more
21 Sep 2023 16:56

LONDON MARKET CLOSE: Hawkish Fed hits risk appetite as BoE hurts pound

(Alliance News) - Stock prices in Europe closed lower on Thursday as hawkish words from the Federal Reserve hit equities, while the FTSE 100 ended off morning lows but failed to cling onto the gains it made after the Bank of England stood pat on interest rates.

Read more
21 Sep 2023 12:20

LONDON MARKET MIDDAY: Sterling slumps as BoE ends hiking streak

(Alliance News) - Stocks in London perked up heading into Thursday afternoon after the Bank of England, like the Federal Reserve, decided against a hike, hurting the pound.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.