Tariff Talks Impact Consumer Sentiment and Spending Habits
As President Trump's administration takes shape, consumer sentiment drops across political lines, according to Wells Fargo economists. The decline...
inflation
BoE Cuts Interest Rates Amid Weakened GDP Growth and Inflation Drop
In a surprising move, the Bank of England has cut interest rates to 4.5%, their lowest level since June...
Chewy Leads in Online Retail Satisfaction Amid Decline
In today's competitive market, retailers must evolve their digital shopping experiences to meet customer expectations. Detailed product images, relevant...
UK Households Face Decreased Disposable Income Amid Inflation Struggles
In a surprising turn of events, over 60% of UK households experienced a decline in disposable income as we...
2024 Holiday Sales: Signs of Normalcy Amid Economic Uncertainties
Holiday sales in 2024 show promising signs for retailers, with a 5.6% year-over-year increase, indicating a potential return to...
Revolution Beauty Sales Plunge Amid Transformation Efforts
In a recent announcement, Revolution Beauty has warned of a 25% drop in sales for the financial year ending...
Primark’s UK Sales Decline Amid Cautious Consumer Sentiment
In the UK and Ireland, Primark's sales dropped by 4% in the past 16 weeks due to cautious consumer...
Proposed Tariffs: A Looming Challenge for Retailers and Consumers
As President-elect Donald Trump prepares for his second term, the retail industry braces for potential sweeping changes in tariff...
UK Economy Narrowly Returns to Growth in November
The UK economy narrowly returned to growth in November, with real GDP increasing 0.1% due to a rise in...
UK Retailers Face Challenges and Expansion Plans Amid Inflationary Pressures
Quiz, the London-listed fashion retailer, plans to delist from the stock exchange due to regulatory costs and financial pressures,...