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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.

A quarter of UK adults to scale back Xmas meal, survey finds

A quarter of UK adults will be scaling back their Christmas meal this year due to the…

Consumer confidence improves during December

Consumer confidence improved two points during December to -22 as sentiment improved ahead…

Black Friday fails to rally shoppers during ‘bleak’ November, BDO finds

Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting…

Falling inflation under threat in 2024, BRC warns

The British Retail Consortium (BRC) has warned that the current trend of falling inflation…

Chancellor cuts National Insurance to 10% alongside NLW rise

Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as…

Lower energy prices sees inflation drop to 4.6%

UK Inflation slowed sharply to 4.6% in October, beating economists expectations, thanks to a…

UK economy stagnates in Q3

UK GDP has shown no growth in July-September (Q3) compared with an increase of 0.2% in the…

Black Friday spending to halve due to cost-of-living crisis

Overall spending per person over Black Friday is due to fall from £168.18 in 2021 back to…

Shop price inflation reaches lowest point since August 2022

Shop price annual inflation has dropped to 5.2% in October, down from 6.2% in September,…

Some 88% of retailers expect sales boost from Black Friday

Some 88% of retailers are expecting Black Friday to have an impact on sales, closely…
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