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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 falls for second consecutive quarter

The Deloitte Consumer Tracker has revealed UK consumer confidence fell by one percentage…

BoE raises interest rates to 0.5%

The Bank of England (BoE) has raised interest rates for the second time in three months to…

Energy price cap to rise 54% from April

Retail bosses are braced for a spending squeeze after it was revealed the energy price cap…

2021 footfall found to be 31% lower than in 2019

Footfall across all UK retail destinations was –31.1% lower than in 2019, but up from -39.1%…

Retail sales rebound but challenges remain, data finds

The reopening of the economy post-lockdown led to a rebound in sales for FTSE Retailers but…

Signs of footfall return ahead of lifting of Plan B

Increases in footfall are already beginning to be seen after the announcement of the end of…

Footfall rise shows first signs of return to office

Footfall across UK retail destinations rose by 1.5% last week from the week before,…

UK economy surpassed pre-Covid levels in November

Gross domestic product (GDP) has surpassed its pre-pandemic level for the first time as it…