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Strong December retail sales fail to offset weak Q4

Strong December retail sales fail to offset weak Q4

Next acquires Russell and Bromley

Next acquires Russell and Bromley

Primark sales fall 2.7% despite steady parent group revenues

Primark sales fall 2.7% despite steady parent group revenues

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.

UK retail sales grow 2.3% in February, BDO reveals

Total retail sales in discretionary spend categories grew by 2.3% in February, compared to a…

Bira ‘cautiously’ backs govt Crime and Policing Bill

The British Independent Retailers Association (Bira) has “cautiously” welcomed the new Crime…

One in 10 part-time retail jobs at risk, BRC says

One in 10 part-time retail jobs, up to 160,000 roles, could be at risk of being lost over…

UK retail sales rise by 1.7% in January

UK retail sales volumes increased by 1.7% in January driven largely by food sales, the ONS…

UK consumer confidence drops to new low in February

UK consumer confidence slipped to a new low of -37 in February, amid the worsening state of…

Inflation hits highest level in 10 months

Inflation hit 3% in January, its highest level in 10 months, as air fairs, new private…

Economy unexpectedly grows by 0.1% in Q4

Britain’s economy unexpectedly grew in the final quarter of 2024, according to new figures…

Retail sales increase 2.6% despite ‘stormy’ January

UK total retail sales increased by 2.6% year-on-year in January, against a growth of 1.2% in…

BoE cuts interest rates to 4.5%

The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest…

January sales see shop price deflation hit 0 .7%

January sales helped shop price deflation reach 0.7% in January, above deflation of 1.0% in…
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