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Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

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Hot weather helps retail sales jump 1.2% in May

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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.

Henri Lloyd to slash 128 jobs despite coming out of administration

Henri Lloyd is to be brought out of administration by a company called Aligro UK Limited,…

Tesco CEO blames business rates for decline of the high street

Dave Lewis the CEO of Tesco has said that business rates have played a “large part” in the…

Joules 18% sales boost defies high street blues

Clothing retailer Joules has announced a rise in revenue for the year up to May 27 of 18% on…

Poundworld buyer pulls out

The future of discount retailer Poundworld has been cast into doubt following Alteri…

May consumer spending growth highest since April 2017

In-store consumer spending in May led to an increase of 5.1% in consumer spending, the…

Mothercare vote mishap puts CVA under threat

Mothercare’s plans for a company voluntary agreement (CVA) to stave off further problems,…

Mothercare relegated from FTSE 100

Troubled retailer Mothercare has been relegated from the FTSE 100 following financial woes…

World Cup boost of £1.33bn awaits

UK retailers could benefit from a £1.33bn economy boost during the 2018 World Cup this…

B&M profits buck high street blues, jump 20%

Discount retailer B&M has seen pre tax profit rise by 25.4% to to £229.3m along with…