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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.

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…

Consumer confidence drops five points in January

Consumer confidence decreased by five points to -22 in January, GfK’s latest Consumer…

Retail sales unexpectedly fall amid ‘poor’ supermarket sales

Retail sales fell 0.3% in December according to the latest figures from the Office for…

UK economy narrowly returns to growth in November

The UK economy narrowly returned to growth in November as real gross domestic product (GDP)…

NI increase will force retailers to raise prices, BRC warns

The British Retail Consortium (BRC) has warned that the National Insurance Increase, set to…

Inflation unexpectedly falls to 2.5% in December

The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in…

BRC warns of 2025 headwinds despite lower Xmas inflation

Consumers benefited from lower inflation for the week to 7 December 2024, according to the…

Retail lost close to 13,500 stores in 2024, study finds

Nearly 13,500 shops shut for good in 2024, according to data from the Centre for Retail Research.

UK economy heading for ‘worst of all worlds’, CBI warns

The Confederation of British Industry (CBI) has warned that the UK economy is headed for…

Retail sales fall short of expectations in November

Retail sales in the UK rose 0.2% in November, behind analysts expectations of 0.5%,…