Shoe Zone Warns of Lower Profits Due to Cost Pressures and Weak Sales
Shoe Zone, a shoe retailer, now expects adjusted profits before tax to be no less than £10 million by...
cost pressures
Poundland Owner: Price Cuts Not Yet on the Table
Lead: The owner of Poundland, Andy Bond, asserts that despite easing cost pressures, it's premature to consider lowering prices,...
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...
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...