News-In-Brief
News-In-Brief delivers quick, essential updates on the latest developments across the UK retail industry. This section provides short-form coverage of company announcements, leadership changes, trading updates, and key market movements. Retail Sector’s News-In-Brief is designed for retail professionals who need fast, reliable intelligence on business activity across all segments — from high street to ecommerce and luxury — offering concise summaries that keep decision-makers informed and up to date.
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Oct- 2024 -2 October
Today’s news in brief-2/10/24
Shop prices fell by 0.6% in September, marking the lowest annual growth since August 2021. Non-food items saw deflation deepen to -2.1%, while food inflation slightly rose to 2.3%, influenced by higher prices in cooking oils and sugary products. Nike’s first-quarter revenue dropped 10% to $11.6bn, prompting the company to…
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