Union Vote, Retail Setback, and Expansion Plans
In a groundbreaking move, Amazon's Coventry warehouse workers are voting on union recognition, potentially leading to negotiations with GMB...
consumer spending
Cold Weather Dampens UK Retail Sales in June
UK retail sales dropped 0.2% year on year in June due to cold weather impacting spending on weather-sensitive categories...
June Heatwave Fails to Boost Retail Sales in UK
In a surprising turn of events, retail sales remained stagnant last month despite the late June heatwave, according to...
Michael Kors Faces Declining UK Sales Amid Luxury Industry Challenges
Michael Kors' UK sales plummeted last year due to reduced spending on luxury items, but online transactions remained strong....
UK Economy Stalls in April Amid Wet Weather and Inflation Concerns
In April, the UK economy stalled due to wet weather dampening consumer spending, with no growth in monthly real...
Wet Weather Causes 2.3% Retail Sales Slump in April
In a recent report by the Office for National Statistics (ONS), retail sales fell 2.3% in volume over April...
Q1 Retail Sales Exceed Expectations and Beat Inflation
Lead: Retail sales in March exceeded expectations, showcasing a robust 5.3% year-over-year increase, beating inflation and reflecting genuine consumer...
Decathlon Reports Robust Performance and Sales Growth
Lead: Decathlon celebrates a successful year in 2023, with a rise in sales and a focus on building a...
Next Reports Record High Profits of £918m
Lead: Next's profit before tax has surged by 5% to £918m, driven by a focus on enhancing product ranges,...
Rising Credit Card Debt Threatens Retail Sales in 2024
**Lead:** Consumer spending faces a potential slowdown as credit card debt skyrockets, signaling financial stress for many households. **Who:**...