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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.

Retail sales fall as consumers cut household spending

Retail sales volumes fell by 0.5% in May 2022 according to the latest figures from the…

UK consumer confidence sinks to new record low in June

UK consumer confidence has fallen to the lowest level since records began during the month…

Matalan FY revenues surpass £1b

Matalan has revealed its revenues for the 52-week period ending 26 February 2022 reached…

1 in 3 SMEs struggle with cost of staffing, NatWest report reveals

New research conducted by NatWest Rapid Cash has revealed that 34% of SMEs are struggling…

Frasers Group increases stake in Hugo Boss

Frasers Group, a British retail and intellectual property group, has increased its stake in…

Inflation hits 40-year high in May 

Inflation reached a 40-year high in May 2022 as the Consumer Price Index hit 9.1%, up from…

Quarter of UK retailers four weeks from collapse, survey finds

More than a quarter of UK retailers are just four weeks away from going bust due to supply…

Boots takeover in doubt amid financing struggles

There are reportedly growing concerns that the proposed takeover of Boots could collapse as…

Deliveroo appoints new chief financial officer

Deliveroo has announced that it has appointed Scilla Grimble as its new chief financial officer.

N Brown reports 2.1% fall in first quarter sales

N Brown has revealed its sales dropped 2.1% to £165.1m during the first quarter of the year.…