Consumer Confidence

Over 30,000 retailers in ‘significant financial distress’ at end of Q2

Over 30,000 retailers were found to be in “significant financial distress” at the end of June 2018, according to research…

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Hot weather springs profit warning at DFS

DFS has announced a profit warning, blaming poor sales performance on decreased high street footfall during the hot weather, disruption…

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Average online order value rises for 14th consecutive month

The average order value for online purchases has increased for 14 months in a row, according to new data. Figures…

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Carpetright expects £9m profit drop

Carpetright has warned pre-tax profits will fall £9m for the year ending 28 April 2018. According to the carpet retailer…

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Consumer confidence drops further in April

UK consumer confidence has dropped even further in the month of April, according to market research institute GFK. The institute’s…

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Retailers should capitalise on the fluid workforce to gain competitive advantage

The rise of digital has completely transformed the retail landscape, bringing with it a raft of new opportunities – and…

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UK retail sees second worst month on record for in-store sales

Like-for-like (LFL) in-store sales were down by 10.1% in the month of March, making it the second worst figures on…

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21,000 retail jobs lost or threatened so far this year

Over 21,000 jobs have been axed or put at risk in the first three months of the year as retailers…

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‘Beast from the East’ chills retail sales

Year-on-year sales volumes declined for the first time since October 2017, according to CBI’s latest monthly Distributive Trades Survey. Additionally,…

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New Look announces CVA proposal, 980 staff at risk

Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores,…

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