Retail Sales Show Signs of Recovery Amidst Challenging Environment
In March, British retail sales saw a slight increase, according to the British Retail Consortium and KPMG, with both...
consumer confidence
Michael Kors UK Faces 20% Revenue Drop Amid Lower Demand
In a recent financial report, luxury fashion brand Michael Kors UK revealed a staggering 20% drop in revenue by...
GameStop’s Security Costs and Mattel Layoffs Highlight Retail Sector Challenges
In a week packed with retail news, major brands like H&M and Williams-Sonoma make headlines with significant developments. Williams-Sonoma...
UK Shoppers Cut Spending Amid Economic Fears, KPMG Survey Shows
In a recent KPMG UK study, three out of five shoppers believe the economy is worsening, causing financially secure...
UK Retail Sector Faces Job Cuts and Challenges Amid Rising Costs
In the UK retail sector, over 250,000 jobs have been lost in five years due to rising costs like...
Consumer Confidence Stabilises as Gen Z Prepares for Spending Uptick
Consumer confidence stabilized in March after hitting a record low last month, as Gen Z prepared to increase spending...
UK Retail Sales Rebound in January Amid Food Sales Surge, Non-Food Stores Struggle
UK retail sales volumes surged 1.7% in January, mainly due to a rise in food sales, according to the...
UK Consumer Confidence and Job Openings on the Rise Amid Economic Challenges
UK consumer confidence and job openings are on the rise, boosting optimism for the retail sector as businesses adapt...
Tariff Talks Impact Consumer Sentiment and Spending Habits
As President Trump's administration takes shape, consumer sentiment drops across political lines, according to Wells Fargo economists. The decline...
John Lewis Commercial Director Departs Amid Profit Shortfall
John Lewis Commercial Director Kathleen Mitchell has announced her departure from the company after three years, citing a desire...