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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.

Shop price inflation remains at 0.7% despite surge in food prices

Shop price inflation remained in deflation at 0.7% in February, after also falling to -0.7%…

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…