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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.

Inflation holds steady in June despite rise in hotel prices

Inflation remained steady at 2% in June despite a strong rise in hotel prices during the…

UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of…

Shop price inflation eases to 0.2% in June

Shop price annual inflation eased to 0.2% in June, down from 0.6% in May, the lowest rate of…

BoE decision a ‘blow for Gen Z spending’, says RSM UK

The economic impact of high interest rates is set to hit Gen Z spending for the next 12…

UK retail sales jump 2.9% in May

UK retail sales volumes rose by 2.9% in May 2024, following a fall of 1.8% in April 2024,…

BoE holds interest rates for 7th consecutive month

Interest rates have remained unchanged at 5.25% for the seventh consecutive month, the Bank…

Inflation hits 2% target for first time in three years

UK inflation has hit its target for the first time in almost three years, as consumer price…

Peak international spending returns to pre-pandemic levels, ONS finds

Spending by international visitors in August, the traditional UK high season, has largely…

Economy stalls in April due to wet weather

The UK economy stalled in April showing no growth as wet weather dampened consumer spending,…

Euros to boost retail spending, BRC finds

England and Scotland’s involvement in this year’s euros are likely to net retailers a…