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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.

Gov to create hubs to boost international trade

The Department for International Trade (DIT) has announced the creation of four new trade…

Sunak delays debate for online sales tax until autumn

Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to…

UK consumer confidence rises in March

Consumer confidence in the UK is on the rise, according to GfK’s monthly Consumer Confidence…

UK GDP shrinks 2.9% amid January lockdown

Monthly GDP fell by 2.9% in January as a national lockdown proved to impact economic…

Shop prices continue to fall in February

Shop prices continued to fall in February, down 2.4%, marking the lowest deflation rate…

UK suffers record 9.9% GDP slump

GDP declined by 9.9% in 2020, a figure which is more than double of what was recorded in…

Non-food retailers see £22bn sales hit due to Covid

The British Retail Consortium (BRC) is reporting that the country’s three national lockdowns…

Sunak mulls ‘Amazon Tax’ to help with UK debts

Chancellor Rishi Sunak is allegedly considering a double tax raid on online retailers such…

13,000 Scottish retail jobs were lost before Covid-19, SRC reveals

13,000 Scottish retail jobs were lost between 2016-2018, a new paper by the Scottish Retail…

Unemployment rises 5% to 1.7m

The UK unemployment rate rose by 5% in the three months to November with over 1.7 million…