Spending Surge After Lockdown

By John Jeffay / June 23, 2020 / www.idexonline.com / Article Link

(IDEX Online) - The British jewelry retailer Beaverbrooks reported a 30 per cent surge in sales on the first day of post-lockdown trade.Customers flocked to the family firm's 59 newly-opened high street stores in a retail frenzy after three months of restrictions were lifted on 15 June.The average spend on watches and jewelry items was up by almost a quarter (23 per cent) year-on-year.And total spend on day one was up almost a third year-on-year."The first week of trading has been incredibly positive, and we're feeling cautiously optimistic that consumer confidence is starting to return," said Anna Blackburn, the company's managing director.

Recent News

Copper market distortions driven by new US tariff policies

July 28, 2025 / www.canadianminingreport.com

Gold stocks up even as metal pulls back

July 28, 2025 / www.canadianminingreport.com

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok