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Gear4music FY26 profits surge to £10.3m

Gear4music FY26 profits surge to £10.3m

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

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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.

Hot weather boosts June retail sales

June retail sales beat forecasts in June, rising 0.7% compared with predictions of 0.2%, as…

Consumer confidence falls in July

Consumer confidence index dropped six points in July to -30 as “reality bites” resilient…

Profit warnings from FTSE retailers fall in H1

FTSE retailers have issued only 10 profit warnings for the first half of 2023, marking a…

Inflation falls faster than expected in June

The rate of price rises has fallen to 7.9% in June, down from 8.7% in May, according to the…

UK economy shrinks in May

The UK economy contracted by 0.1% in May as output was negatively affected by the King’s…

Cost of living crisis to wipe £65bn from household finances

Inflation and the cost of living crisis are set to wipe £65bn from household finances across…

UK retail sales rise 5% in June

Total retail sales in the UK were up 4.9% in June, compared with a 1% decline in June 2022,…

Shop price inflation falls to 8.4% in June

Shop price inflation in the UK has fallen to 8.4% in June, down from 9% in May, according to…

Consumer confidence improves by a further three points in June

GfK’s long-running Consumer Confidence Index increased three points to -24 in June. after…

BoE raises interest rate to 15-year high

The Bank of England (BoE) has raised interest rates for the 13th consecutive time to 5%, the…