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George at Asda CCO Liz Evans steps down

George at Asda CCO Liz Evans steps down

Supermarket sales rise 4.6% as heatwave offset by wet weather

Supermarket sales rise 4.6% as heatwave offset by wet weather

N Brown names new financial services chiefs

N Brown names new financial services chiefs

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.

Shop price inflation hits record levels

Shop price annual inflation increased to a record high of 8.0% in January up from 7.3% in…

Nearly half of FTSE retailers issued profit warnings in 2022

Profit warnings from UK-listed retailers increased by 48% in 2022 as rising costs prompted…

Consumer confidence improves for first time in 15 months

UK consumer confidence in the final quarter of 2022 improved by half (+0.6) a percentage…

December retail sales fall 1% despite Christmas boost

Retail sales volumes fell by 1% in December 2022 after a 0.5% fall in November 2022,…

UK inflation dips for second consecutive month

UK inflation fell slightly for the second consecutive month from 10.7% to 10.5% in December…

UK economy beats expectations as it grows 0.1% in November

The UK economy unexpectedly grew by 0.1% in November as the World Cup helped boost…

Retail sales rise 6.9% over Christmas

The BRC has reported that sales on a total basis increased by 6.9% in December 2022,…

Food inflation hits record high of 13.3%

ood inflation accelerated to the highest inflation rate in the category on record, after…

Retail sales dip 0.4% in November

Black Friday and Christmas shopping has failed to lure people back to the high streets as…

Consumer confidence remains at ‘historic lows’ in December

GfK’s Consumer Confidence Index increased by only two points in December to -42, with…