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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.

£3bn tariff ahead for UK retailers and consumers, warns BRC

Supermarkets and their customers could face £3bn a year of tariffs on food and drink if a…

DFS posts full year loss in preliminary results

Sofa retailer DFS has reported losses before tax of £56.8m, in the group’s preliminary…

EOTHO pushes UK inflation down to five-year low

The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1% in…

700,000 jobs at risk as end of furlough scheme draws near

Over 700,000 employees are at risk of being made redundant in the second half of 2020,…

Government launches new ‘bounce back’ plan for retailers

A new series of measures has been announced by the UK Government to support businesses in…

Pizza Hut to close 29 sites, 450 jobs cut

Pizza Hut has confirmed it is to close 29 sites as part of a Company Voluntary Agreement…

UK retail sales increase by 4.7% in August

UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019,…

GDP to contract £15.3bn each year if home working persists

Lower consumer spending and a decrease in economic clustering if pandemic levels of home…

UK small business sector ‘plagued’ by late payment issues

UK freelancers and small business owners continue to be plagued by the problem of late…

Younger Brits drive corner shop lockdown revival

Younger UK consumers have been the “driving force” behind the revival of the corner shop,…