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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.

Energy bills to be capped at £2,500 a year from October

Prime minister Liz Truss has announced today that energy bills for typical households will…

UK retail sales slow in August

UK retail sales slowed in August as total sales increased by 1.0% compared with  an increase…

UK retail sector M&A deals increase 21% on last year

The number of M&A deals targeting UK retailers has increased by 21% in the last year, up…

Food prices rise at fastest rate since 2008, BRC finds

New data from the British Retail Consortium (BRC) and NielsenIQ index has shown that food…

Energy price cap to rise by 80% to £3,549 from October

Ofgem has confirmed that the energy price cap will increase by 80% to a record £3,549 a year…

Retail sales improve slightly in July

Retail sales volumes rose by 0.3% in July 2022 following a fall of 0.2% in June 2022,…

Consumer confidence hits record low of -44 in August

Acute concerns amid the soaring cost of living and bleak economic prospects saw GfK’s…

Made.com calls in advisers to shore up balance sheet

Made.com Group, the online furniture retailer, has reportedly called in advisers to help…

Inflation hits new 40-year high at 10.1%

Inflation has once again broken records with a new 40-year high recorded last month, as the…

Wages see highest fall on record amid rising inflation

Regular pay in the UK has fallen by a “record” 3% in the quarter ending June 2022, the…