Consumer Confidence
This coverage explores trends and insights into consumer confidence and their impact on the UK retail sector. Reporting includes survey data, economic indicators, shopper sentiment, and analysis of how confidence levels influence spending patterns, sales performance, and strategic planning. Designed for retail executives and managers, it provides context for understanding demand fluctuations and preparing for market challenges.
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May- 2025 -28 MayHigh Street
Pets at Home FY profits rise 14% to £120m despite flat revenues
Pets at Home has seen its profit before tax rise 14% to £120.6m for the year ended 27 March 2025, following strong growth in its veterinary sector. Its vet group consumer revenue was up 13%, with record sales supported by higher visits, average transaction values and significant growth in Care…
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27 MayEconomy
Fresh food prices drive food inflation up 2.8% in May
Food inflation increased to 2.8% year-on-year in May, rising for the fourth consecutive month, driven by a surge in the cost of fresh food, according to the BRC-NIQ Shop Price Index. It found that Fresh Food inflation increased to 2.4%, against growth of 1.8% in April. This is above the…
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19 MayEconomy
Retailers urge Reeves to reinstate VAT-free shopping
Retailers are urging chancellor Rachel Reeves to reinstate tax-free shopping for tourists as US escalating tariffs continue to cause disrupture, The Times has revealed. In a joint letter to the chancellor, seen by The Times, four major trade bodies — the British Retail Consortium, the British Beauty Council, Walpole and…
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14 MaySport & Leisure
Angling Direct sees FY sales and profits rise
Angling Direct has reported a 11.9% increase in group revenues to £91.3m and a 23.6% rise in adjusted profit before tax to £2.0m for the 12 months ended 31 January 2025 (FY25). Its adjusted EBITDA also increased 20.0% to £3.4m, slightly ahead of recently upgraded consensus market expectations. In the…
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13 MayHealth & Beauty
Revolution Beauty revenues fall 26% in FY25
Revolution Beauty revenues plummeted 26% year-on-year to £141.6m for the year ended 28 February 2025, reflecting the rationalisation of its product and brand portfolio, as well as softness in the US market. In its trading update for the full-year, the beauty retailer said it also expects to report FY25 underlying…
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9 MayFeatures
Why is Rachel Reeves reviewing the Low Value Import Scheme?
The global economy is currently experiencing turbulent times as a result of Donald Trump’s trade war. Currys CEO Alex Baldock, alongside a number of other retail CEOs, recently warned that more Chinese products could “flood” the UK and Europe market through platforms like Temu, Shein and Amazon, as a result.…
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Apr- 2025 -30 AprilSupermarkets
Supermarket sales rise 9.6% amid Easter boost
Total Till sales increased 9.6% at UK supermarkets during the last four weeks ending 19 April 2025, up by 2.7% against sales recorded in March, as the late Easter boosted sales for April, according to new data released by NielsenIQ (NIQ). This rise was helped by shoppers opting to “indulge…
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24 AprilNews-In-Brief
Today’s news in brief-24/4/25
Chancellor Rachel Reeves is reviewing the Low Value Import scheme, which allows goods under £135 to enter the UK tariff-free, amid concerns over Chinese companies flooding the market with cheap products. Major retailers like Next, Currys, and Sainsbury’s have warned that such imports could undercut UK businesses. The potential reform…
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24 AprilEconomy
Trumps trade war rocks consumer confidence, BRC finds
Consumer expectations in the UK dropped significantly to -48 in April, down from -35 in March, according to the latest BRC-Opinium data. The data was collected days after US president Trump announced worldwide tariffs, between 4 and 7 April. The personal financial situation worsened to -16 in April, down from…
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24 AprilOnline & Digital
Temu strengthens commitment to quality assurance with Eurofins Consumer Products Testing partnership
Temu, the international e-commerce platform, is strengthening its product safety and compliance measures through a partnership with Eurofins Consumer Product Testing and Eurofins Assurance, leading global providers of testing, inspection, and certification services. This collaboration aims to support transparency in Temu’s product safety processes, enhance quality control and ensure that…
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