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Strong December retail sales fail to offset weak Q4

Strong December retail sales fail to offset weak Q4

Next acquires Russell and Bromley

Next acquires Russell and Bromley

Primark sales fall 2.7% despite steady parent group revenues

Primark sales fall 2.7% despite steady parent group revenues

Chancellor

This coverage examines how the Chancellor of the Exchequer’s policies and fiscal decisions influence the UK retail industry. Retail Sector reports on Budget announcements, tax reforms, business rates, wage policies, and economic measures that affect retailers’ operating costs, investment strategies, and consumer spending power. Coverage includes expert analysis, industry reactions, and commentary on how government policy impacts supply chains, employment, and the broader retail economy. For retail professionals, this category delivers essential insight into the financial and regulatory environment shaping strategic planning and performance across the sector.

Chancellor

This coverage examines how the Chancellor of the Exchequer’s policies and fiscal decisions influence the UK retail industry. Retail Sector reports on Budget announcements, tax reforms, business rates, wage policies, and economic measures that affect retailers’ operating costs, investment strategies, and consumer spending power. Coverage includes expert analysis, industry reactions, and commentary on how government policy impacts supply chains, employment, and the broader retail economy. For retail professionals, this category delivers essential insight into the financial and regulatory environment shaping strategic planning and performance across the sector.

Labour vows to overhaul business rates system

The Labour party has vowed to overhaul the current business rates system should it be…

The Very Group appoints Nadhim Zahawi as non-exec chair

The Very Group, which operates digital retailers Very and Littlewoods, has appointed former…

Retail bosses lose confidence in tax-free shopping return

Retail bosses have reportedly warned the government that the decision not to restore…

Today’s news in brief-2/4/24

Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to…

Shein profits clear $2bn mark ahead of IPO

Shein has seen its profits double to over $2bn (£1.6bn) while it waits to launch its IPO in…

Today’s news in brief-25/3/24

Former UK Chancellor Nadhim Zahawi is reportedly in discussions with online retailer The…

Ex-chancellor Nadhim Zahawi in talks to become The Very Group chair

Former chancellor Nadhim Zahawi is reportedly in talks with The Very Group regarding the…

How can the physical retail sector win its battle to survive?

It is well known that the high street is battling for survival. Insolvency statistics…

Today’s news in brief-7/3/24

The British Retail Consortium (BRC) criticised Chancellor Jeremy Hunt’s Spring Budget,…

Budget will ‘do nothing to turbocharge investment’, says BRC

The British Retail Consortium (BRC) has stated that the latest Budget announcement will “do…
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