Shop Price Inflation Drops to Lowest Rate Since November 2021
UK shop price inflation hits lowest point since November 2021 as consumers tighten spending and businesses slash prices on...
consumer confidence
Wet Weather Hits Retail Sales, Ted Baker Closes Stores, and Morrisons Workers Strike Over Pension Changes
Retail sales volumes dropped by 2.3% in April due to wet weather, with non-food stores experiencing a 4.1% fall,...
UK Consumer Confidence Rises Amid Cost-of-Living Crisis
Consumer confidence sees a three-point rise in May, reaching -27, according to GfK's Consumer Confidence Index. Personal finances are...
Rising Shoplifting and Personal Theft Cases, Consumer Confidence Improves Slightly, Co-op Appoints New Director, Burberry at Risk of Takeover
Lead: Shoplifting offences in England and Wales have surged to over 430,000 cases, the highest level in two decades,...
Consumer Confidence Improves in April
Lead: Good news for the economy as consumer confidence sees a slight uptick after three months of decline. Who:...
UK Retail Sales Stagnate, Waitrose to Close Warehouse, and Pandora Appoints New GM
Lead: UK retail sales stagnate in February, with online clothing sales rising while physical stores, especially food and fuel...
UK Retail Sales Flatline in Rainiest February on Record
Lead: UK retail sales stagnated in February, with no growth reported, as wet weather dampened store sales, impacting food...
Halfords Cuts Profit Guidance Amid Market Challenges
Lead: Halfords slashes full-year profit forecast by nearly 25%, now expecting between £35m and £40m. Who: Halfords, a UK-based...
Retail Sector Struggles Amidst Rising Inflation and Interest Rates
In a recent analysis by Begbies Traynor, nearly 4,500 retailers find themselves in critical financial distress due to poor...
Mixed Financial News for UK Retailers: Amazon Wins Tax Dispute, Currys CEO Criticizes Minimum Wage Hike, and More
Amazon wins a £215m tax dispute with the EU Commission as the European Court of Justice dismisses claims it...