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...
inflation
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...
Retail Footfall Declines in February: BRC Data Shows Mixed Results Across UK Regions
In February 2018, retail footfall dropped by 0.5%, a significant decrease compared to the previous year's rate of 1.0%....
Slower UK Retail Sales Growth Over Christmas
UK retail sales grew at a slower pace over Christmas compared to last year, with a 0.6% increase on...