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Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

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Hot weather helps retail sales jump 1.2% in May

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Economy

Economy explores the wider economic forces influencing the UK retail industry. This section covers inflation, consumer spending, interest rates, labour market conditions, and policy developments affecting retail performance and profitability. Retail Sector’s Economy coverage provides expert analysis, data-driven insight, and commentary to help retail leaders, financial planners, and operational managers understand how macroeconomic trends are shaping demand, costs, and investment decisions across the sector.

Economy

Economy explores the wider economic forces influencing the UK retail industry. This section covers inflation, consumer spending, interest rates, labour market conditions, and policy developments affecting retail performance and profitability. Retail Sector’s Economy coverage provides expert analysis, data-driven insight, and commentary to help retail leaders, financial planners, and operational managers understand how macroeconomic trends are shaping demand, costs, and investment decisions across the sector.

Hot weather helps retail sales jump 1.2% in May

Department stores and online retailers help drive recovery as warm weather boosts consumer spending

UK inflation rate holds steady at 2.8% in May

Rising transport and fuel costs offset slowing food price growth to keep annual consumer…

Debenhams sublets US warehouse to cut costs

The site was valued to be around $9.5m annually, leaving a significant cost reduction

No evidence retailers exploited fuel price rises amid war, CMA finds

Retailers are not actively exploiting the Middle East crisis but weak competition persists,…

Low earners cut spending by 5% to boost household cash reserves

Workers claw back disposable income but financial anxiety prevents saving

Costs halting fight against youth joblessness, says BRC

Report findings also highlighted that six in 10 young people who are inactive have never…

Youth economic inactivity could rise by 25% without urgent action

Alan Milburn, who led the review, will call on the government today (28 May) to launch a…

UK retail sales volume falls 1.3% in April

Monthly decline driven by drop in fuel sales despite positive three-month growth trend

Inflation falls to 2.8% in April

The annual rate of consumer price inflation dropped to its lowest level in over a year…

UK retail sales fall 3% as consumer uncertainty halts spending

The BRC found that April sales declined across food and non-food categories amid rising…