Retail Sales Decline Amidst Weather and Coronavirus Worries
In February, total in-store retail sales dropped 0.9% due to poor weather and coronavirus concerns, while online sales increased...
inflation
Sluggish Supermarket Sales in January: A Closer Look at the Numbers
Supermarket sales grew at a slower pace in January 2020, with only a 0.7% increase compared to 3.3% in...
Retail Sector Faces £137m Hike in Business Rates Due to Inflation
Inflation set to cause more business rate increases in 2020, with retail sector facing a £136.92m hike, according to...
UK Consumer Confidence Holds Steady Amid Brexit Uncertainty
UK Consumer Confidence Remains Stable Amid Brexit Uncertainty: GfK's latest Consumer Confidence Index reveals no change in March, staying...
UK Shop Prices Rise for Second Consecutive Month Amid Brexit Uncertainty
In a first in five years, shop prices increased for two consecutive months due to rising food costs, according...
Shop Prices Enter Inflationary Territory Amidst Non-Food Deflation Ease and Food Price Hike
Inflation returns to shop prices for the first time in over five years as they increased by 0.1% in...
Calvetron Brands Announces Closure of 102 Jacques Vert and Precis Concessions, Resulting in 449 Redundancies
In a recent announcement, joint administrators Benjamin Wiles, Trevor Birch, and Philip Duffy of Calvetron Brands revealed plans to...
Record Drop in Retail Consumer Spending Since 2012
In a recent report by Visa, consumer spending has experienced its steepest decline in six years, with in-store spending...
Morrisons Reports Strong Start to 2018 Amid Inflation Challenges
Supermarket chain Morrisons reports a strong start to 2018 with a 3.4% increase in like-for-like sales, driven by retail...
UK Retailers in Financial Distress on the Rise
Nearly 43,000 retailers in the UK faced significant financial distress in Q1 of this year, a 21% increase from...