Economy
The latest news, updates and analysis on the economy and how it is affecting the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Jan- 2018 -2 January
Festive footfall disappoints despite increase on New Years Day
Footfall dropped by -10.5% on New Year’s Eve compared with the previous year, according to new retail footfall data. Springboard, a provider of automated footfall monitoring services, reported footfall dropped significantly and unexpectedly on New Year’s Eve across the UK, declining by -10.5% over the 24 hours and by -7.2%…
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Nov- 2017 -21 November
Online retail growth lower than average in pre-Black Friday lull
Despite showing a year-on-year growth of 12.6%, online retail sales figures in October were lower than average suggesting a pre-Black Friday lull. According to the latest figures from the IMRG Capgemini e-Retail Sales Index, this was lower than both the average YoY growth rate of 14.3% for the last 3…
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20 November
Retail bosses call on Chancellor for ‘shoppers’ budget’
Leading CEOs from across British retail are today backing Phillip Hammond, the Chancellor, to deliver a “shoppers’ Budget” including decisive action in his upcoming Budget to relieve the business rates burden. The British Retail Consortium (BRC) says that without action in the Budget on Wednesday (22 Nov), retailers alone face…
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