Shop Price Inflation Falls to Lowest Level in Two Years
**Lead:** Shop Price annual inflation dropped to 1.3% in March, the lowest since December 2021, driven by a significant...
cost pressures
Barbour’s Profits Drop Despite Sales Increase Amidst Cost Pressures
In the face of rising production costs, luxury fashion retailer Barbour's operating profits dropped by 15% to £34.3 million...
Morrisons Invests £2m to Support British Farmers Amid Cost and Weather Challenges
Morrisons, Britain's largest direct supermarket customer of farmers, has launched a groundbreaking year-long trial to support struggling farmers by...
Heatwave Dampens UK Footfall in June
In the five weeks from May 28th to July 1st, footfall fell by 1.9% due to hot weather causing...
UK Retail Sales Surge in March Amidst Cost Pressures and Weather Influences
UK retail sales surge 5.1% in March, beating average growth rates; non-food sales up despite online decline
Wilko Seeks £30m Lifeline Amid Cost Pressures
Wilko, a UK chain retailer with 402 stores and 16,000 employees, is seeking a £30 million cash boost amid...
Record Food Inflation: 10.6% in September Amidst Global Challenges
Food inflation hits a record high of 10.6% in September, with fresh food inflation at 12.1%, according to the...
Footfall Improves in May, but Cost Pressures Loom for Retail Sector
In May, footfall improved to -13.7% below 2019 levels compared to April's -15.9%, according to Springboard. However, the company...
Virgin Wines Faces Challenging Trading Period and Rising Costs in H1
Virgin Wines reports a drop in EBITDA from £4.5m to £3.7m in H1 2022 due to rising costs and...
Inflation Set to Accelerate in 2022 Amid Rising Costs
In a recent study by the British Retail Consumer (BRC), shop price annual inflation has increased to 0.8%, up...