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Shares in Hornby plummeted after the troubled toymaker warned that poor Christmas trading will contribute to bigger-than-expected full-year losses.
Dixons Carphone has narrowed its profit forecasts after the company detailed weak Christmas trading at its UK and Ireland division as it continues to come up against more cautious consumer spending.
Royal Mail has said it handled 149 million parcels in a “good” Christmas for the group and confirmed it was edging closer to an agreement with unions.
Spending on voice-activated gadgets, clothing and food helped Scottish retailers record a robust end of the year, according to figures published today.
Retailer JD Sports has hiked its full-year profit outlook for the second time in four months as it bucked woes among high street clothing rivals.
Marks & Spencer saw shares slump after it revealed another steep fall in clothes sales and disappointing festive trading in its food halls as it failed to lure in cost-conscious shoppers.
Retail giants Tesco and John Lewis have added to the list of festive winners after posting solid sales, but Marks & Spencer joined a raft of casualties hit by tough high street trading and consumer belt-tightening.
Department store chain House of Fraser became the latest retailer to reveal festive trading woes as it saw store sales slump 2.9% in the run up to Christmas.
Sales at the John Lewis Partnership grew over Christmas but the group warned that profits will be dragged down by attempts to maintain competitive against its rivals.