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Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

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Hot weather helps retail sales jump 1.2% in May

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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.

Retail footfall rises 2.4% in March amid early Easter boost

All retail locations saw growth, with shopping centre footfall rising 2.6%, retail parks up…

Shop price inflation edges up as retail growth remains subdued

Rising supply chain costs and cautious consumer spending contributed to a modest increase in…

Retail remains ‘most distressed’ in Europe as consumer demand softens

Weil European Distress Index shows retail and consumer goods firms struggling with high…

Retail sales volumes rise 0.7% in three months to February

Online growth and art sales drive quarterly increase despite monthly dip in supermarket and…

Consumer confidence drops to record low amid Middle East conflict

Retail-specific spending rose to +2 as shoppers prepared for higher energy costs to impact…

UK inflation remains unchanged at 3% in February

Falling motor fuel and alcohol prices offset rising costs for clothing and footwear

Businesses press chancellor on policy over rising energy costs

Business leaders are calling for a review of government levies as tensions rise over rising…

Middle East conflict could lead to 8% food inflation spike, IGD warns

Current forecasts indicate that the rate could rise from 3.6% to over 8% by June if the…

Consumer confidence falls as energy cost concern rises

A survey of 3,000 people found 62% of consumers believe the national economy is worsening…

UK unemployment remains at five-year high

Before last month, this level had not been recorded since the three months to January 2021