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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

Topic Hub

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.

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…

One in three adults used BNPL services last year, Clearpay finds

Some 30% of British adults have used a Buy Now Pay Later (BNPL) service to make at least one…

UK consumer confidence falls ahead of festive period

GfK’s long-running consumer confidence index decreased nine points to -30 in October.

Inflation remains at 6.7% despite fall in food prices

Inflation remained unchanged at 6.7% in September as a fall in food prices was offset by an…

UK economy improves slightly in August

The UK economy is estimated to have grown by 0.2% in August 2023, following a fall of 0.6%…

Sustainable retail could boost local economies by £100m, Landsec finds

Brands in a sustainable retail destination could see revenues increase by up to 13% over the…

UK households will have £3bn less to spend this Christmas, report finds

UK households are expected to have £3bn less to spend this Christmas compared with last…

BPF calls for extended empty rates relief

The British Property Federation (BPF) has called on the government to extend the business…

Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates…

Ofgem urged to act on rates as consultation into broker fees ends

Ofgem has been urged to act on “out of contract” rates by Box Power, the same social…