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Very boosted by strong sales in toys, gifts and beauty

Very Group has seen its group retail sales rise by 2.1% in the lead-up to Christmas when its Very UK retail sales increased by 3.4%. In… View Article

GENERAL MERCHANDISE NEWS

Very boosted by strong sales in toys, gifts and beauty

Very Group has seen its group retail sales rise by 2.1% in the lead-up to Christmas when its Very UK retail sales increased by 3.4%.

In the seven weeks to 22 December, some of the strongest performing categories included toys, gifts and beauty where sales rose by 8.8% with games consoles and perfume among the best-selling items.

Meanwhile, electrical sales rose by 7.4% in the period.

Lionel Desclée, group chief executive at The Very Group, said: “Our team delivered a brilliant range of products, strong pricing, an engaging new marketing campaign, and an improved online experience to give families everything they needed this Christmas.

“Whilst we are pleased with these results, we also know that the year ahead will be challenging for all retailers. However, our operating model, which combines multi-category digital retail and flexible ways to pay, will remain resilient and continue to provide families with a one-stop-shop for everything they need.”

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