Superdrug Defies Tax Hikes with Job Growth and Profit Increase
Superdrug, a health and beauty retailer, has defied rising wage costs and tax hikes to grow profits and expand...
National Insurance contributions
Food Prices Surge Amidst Climate Pressures and Rising Costs
Food price inflation surges to 3.7% in June, the highest increase in over a year, as retailers warn about...
Retail Sales Growth Slows Amid Cautious Consumer Spending
In a recent report by the BRC-KPMG Retail Sales Monitor, retail sales growth slowed to just 1% year-on-year in...
Tesco Trials Shorter Trading Hours at Express Stores Due to Increased Staff Costs
In a recent report by The Telegraph, Tesco is considering closing some of its convenience-format stores an hour earlier...
Tesco Trials Shorter Opening Hours in Express Stores Amid Increased Staff Costs
Tesco is considering closing some of its stores an hour earlier due to a £235 million increase in staff...
Currys Cuts Head Office Jobs Amid Rising Staff Costs, Upgrades Profit Outlook
Currys plans to cut around 80 head office roles as it aims to reduce costs by 10% this year...
Food Inflation Rises Amid Labour Costs: BRC Warns on Employment Rights Bill Impact
Food inflation surged in April, driven by rising labor costs, according to the British Retail Consortium (BRC). Overall shop...
Tesco Announces £500m Savings Drive Amid Tax Hikes and Price War Impact
Today (10 April), Tesco announced a savings drive to offset rising operating costs, including a £235m hit from changes...
Retailers Face Significant Increase in Entry-Level Job Costs
Entry-level job costs for retailers have surged by over 10% due to higher National Insurance Contributions and increased National...
Co-op Faces £80m Loss from Shoplifting Amid Rising Retail Crime and External Pressures
In a shocking revelation, Co-op reported a staggering £80 million worth of groceries stolen from its stores last year...