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Castore acquires Grenson

Castore acquires Grenson

Tesco, B&Q and John Lewis join forces for Dunnhumby media trials

Tesco, B&Q and John Lewis join forces for Dunnhumby media trials

Ocado begins hunt for successor to CEO Tim Steiner

Ocado begins hunt for successor to CEO Tim Steiner

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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.

Retailers refrain from price rises despite looming costs, BRC finds

Retailers did not resort to price rises throughout March, according to the latest BRC-NIQ…

Clothing and household goods help boost retail sales 1% in Feb

Retail sales rose by 1% in February, thanks to a strong performance in non-food stores such…

Chancellor resists calls for business relief in Spring Statement

Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming…

Inflation ‘unexpectedly’ falls to 2.8% in February

Inflation unexpectedly fell to 2.8% in February in much welcome news for the chancellor…

London’s store closures return to pre-pandemic levels for first time

Five stores closed each day in Greater London in 2024, with four new stores opening,…

BoE holds interest rates at 4.5%

The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last…

UK consumer confidence improves in March as Gen Z set to spend

UK consumer confidence improved slightly to -35 in March, up from -37 in February, the BRC…

Quarter of a million retail jobs lost in five years, ONS finds

There are now 249,000 fewer retail jobs than there were five years ago, according to the…

UK GDP unexpectedly falls 0.1% in Jan

The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing…

Valentines Day helps retail sales jump 1.1% in February

Total retail sales in the UK increased by 1.1% year-on-year for the four weeks ended 1…