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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.

Consumer confidence drops to lowest level since 1974

UK consumer confidence has fallen to its lowest level since records began in 1974, according…

Inflation hits 40-year high

UK inflation has hit its highest level in 40 years during the month of April, driven by the…

John Lewis chair Sharon White calls for cost of living aid package

Chair of the John Lewis Partnership, Dame Sharon White, has urged the government to issue a…

UK economy shrinks in March

The UK economy shrunk by 0.1% in March as consumers started to feel the bite of rising…

Rising cost of living dents April retail sales

Retail sales decreased by 0.3% in April compared with the year prior, marking the first…

Consumers must brace for further price rises, BRC warns

The British Retail Consortium has warned that consumers can expect further rising prices as…

Consumer confidence in freefall, says GfK

UK consumer confidence was in “freefall” during April according to the longstanding GfK…

Retail sales tumble amid cost of living crisis

Retail sales fell by 1.4% last month as consumers reduced their spending amid the cost of…

UK inflation hits 7% amid rising fuel costs