David’s Bridal UK Enters Administration Amidst Challenges from Covid-19 and Economic Uncertainty
In a shocking turn of events, David's Bridal UK has entered administration after its US owner filed for bankruptcy....
economic conditions
Morrisons’ Parent Company CD&R Sells and Leases Back Supermarket Stores Amid Economic Uncertainty
In a bid to raise cash amid uncertain economic conditions, CD&R, the parent company of Morrisons, plans to sell...
UK Retail Footfall Surges Amidst Challenging Economic Conditions
In July 2022, footfall on London's Oxford Street surged 24% compared to June, with Leeds up 26%, Brighton up...
Joules Seeks KPMG’s Help to Boost Profitability Amid Economic Challenges
In response to the cost of living crisis and turbulent economic conditions, outdoor fashion retailer Joules has appointed KPMG's...
UK Firms Face Ongoing Challenges Amid Pandemic Impact on Sales and Cash Flow
In the third quarter of 2020, despite much of the economy reopening, business conditions remain weak, according to the...
Retail Sales Experience First Growth in Five Months Amid Easter Boost
In a recent Confederation of British Industry (CBI) Distributive Trades Survey, retail sales grew for the first time since...
UK Consumer Spending Declines for Second Consecutive Month Amid Brexit Uncertainty
In November, consumer spending dropped 0.7% following a 0.2% decline in October, according to Visa's UK Consumer Spending Index....
Welsh Government Aids High Street Retailers with £23.6m Investment
Welsh Government to give £2,500 to each retailer in business rate cuts; Finance Secretary Mark Drakeford announces a £23.6m...