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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.

ScS ups FY guidance as orders rise by 3.9%

ScS has upped its full-year guidance after its like-for-like order growth rose by 3.9% in…

Hugo Boss hails strongest Q2 in its history

Hugo Boss has reported an operating profit of €100m (£83.4m) for Q2, over double the €42m…

Women’s Euros final win boosts footfall post-match

High street footfall across the UK on Sunday was up by 4.4% against the previous week during…

Virgin Wines revenue up 63% on pre-Covid levels

Online wine retailer, Virgin Wines, has revealed that the company’s revenue is up 63% on a…

Wickes downgrades outlook despite strong Q2 sales

Wickes has downgraded its full-year outlook after signs of “softening” in DIY and DIFM…

Retail accounts for 10% of UK administrations in 2022, study finds

The retail sector accounted for 10% of administrations in the first six months of the year –…

Naked Wines CFO departs amid sales warning

Naked Wines has announced that Shawn Tabak, chief financial officer and director, has left…

63% of SME owners looking for business partners, study shows

A new study from global technology platform, Intuit QuickBooks, has found that almost two…

Consumer confidence remains at historic low in July

UK consumer confidence remained at a historic low of -41 in July, according to GfK’s…

Retail sales fall in June despite Platinum Jubilee celebrations

Retail sales dropped by 0.1% in June 2022 following a fall of 0.8% in May 2022 despite the…