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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.

UK Inflation falls to 3.1% despite rising fuel costs

UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the…

UK footfall return remains steady

Footfall across UK retail destinations declined marginally by -0.7% last week from the week…

The Hut Group owner surrenders golden share to reassure investors

Matthew Moulding, the boss and founder of the online beauty, nutrition and technology…

ProCook considers London IPO

ProCook has announced it is considering an initial public offering on the main market of the…

Mid-market retailers set to continue investments, RSM say

The shift in focus to online in the mid-market retail sector is set to continue, with the…

Christmas footfall predicted to remain 17% below 2019 levels

Footfall across UK retail destinations will average -17% lower than in 2019 over the six…

Lego operating profit soars 104%

Lego has revealed an operating profit for the first half of the year of DKK 8bn (£929m), an…

Asos to create 180 jobs with new £14m Tech Hub

Asos has announced it is to invest £14m in a new Tech Hub in Belfast and create 184 new jobs…

Consumer confidence falls amid ongoing supply chain issues

UK consumer confidence has fallen back five points in September, largely attributed to both…

Card retail transactions up to 81%, survey finds

Debit and credit card retail transactions surpassed four in every five pounds spent in 2020…