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Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

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Cost of Living

This coverage examines how the UK’s ongoing cost-of-living crisis is reshaping the retail landscape. Reporting includes the impact of rising operational costs—such as increased National Insurance contributions and higher minimum wages—on retailers’ margins and employment decisions. Additionally, the content highlights shifts in consumer behaviour, with shoppers prioritising value and reducing discretionary spending. The analysis also addresses the broader economic implications, including store closures and job losses, providing insights for retail professionals navigating these challenges.

Cost of Living

This coverage examines how the UK’s ongoing cost-of-living crisis is reshaping the retail landscape. Reporting includes the impact of rising operational costs—such as increased National Insurance contributions and higher minimum wages—on retailers’ margins and employment decisions. Additionally, the content highlights shifts in consumer behaviour, with shoppers prioritising value and reducing discretionary spending. The analysis also addresses the broader economic implications, including store closures and job losses, providing insights for retail professionals navigating these challenges.

Tesco CEO paid £4.4m last year despite cost of living crisis

Tesco’s annual report has revealed that its chief executive officer Ken Murphy was paid…

Ikea invests £12m in cost of living support package

Ikea has announced that it is investing £12m in a pay increase and wellbeing support package…

Dreams provides £5m cost of living support package for staff

Bed retailer Dreams has announced that it is providing support for its staff during the cost…

Footfall sees Black Friday lull amid cost of living crisis

Footfall across UK retail destinations rose by a modest +1.6% last week from the week…

Aldi doubles down on price promise to customers amid rising costs

Budget supermarket retailer, Aldi, has pledged to continue to provide the lowest grocery…

DFS profits fall as cost of living sees sales soften

DFS has revealed that its reported profit before tax has almost halved to £58.5m, down from…

Retail sales fall 1.6% in August as cost of living begins to bite

Retail sales fell by 1.6% in August this year, due to rising prices and cost of living which…

Footfall recovers in August despite cost of living crisis

Footfall has strengthened across UK retail destinations in August 2022 to -13.2% below 2019…

Energy price cap to rise by 80% to £3,549 from October

Ofgem has confirmed that the energy price cap will increase by 80% to a record £3,549 a year…

Gov agrees deal with grocers to help with cost of living crisis

The Government has agreed deals with major UK grocers, including Asda and Sainsburys, to…