Record Consumer Spending Growth in May: Good Weather Boosts Retail Sector
In-store consumer spending surged 5.1% in May, marking the highest growth since April 2017, thanks to good weather encouraging...
consumer spending
UK Retailers Set for £1.33bn World Cup Boost
UK retailers could see a £1.33bn boost this summer if England makes it to the second round of the...
Record Drop in Retail Consumer Spending Since 2012
In a recent report by Visa, consumer spending has experienced its steepest decline in six years, with in-store spending...
Calvetron Administration Threatens Over 1,000 Jobs Amidst Retail Struggles
In a blow to the fashion industry, over 1,000 jobs are at risk as retailer Calvetron enters administration. The...
UK Retailers in Financial Distress on the Rise
Nearly 43,000 retailers in the UK faced significant financial distress in Q1 of this year, a 21% increase from...
Weakest Consumer Spending Start Since 2012: High Street Struggles
In a recent Visa UK Consumer Spending Index report, overall consumer spending in February showed its weakest start to...
Non-Essential Spending Rises Amidst Brexit Concerns
In February, non-essential spending increased as consumers prioritized experiences over necessities, with entertainment up 8.6%, restaurants and pubs growing...
Grocery Sales Boost UK Retail Amid Non-Food Decline
Food sales continue to drive up retail sector growth, while non-food items see a decline, according to recent data...
2018 Consumer Spending Boom Predicted by Euromonitor
In a new report by Euromonitor International, consumer expenditure is predicted to grow at its strongest rate since 2011...