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

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok