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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.

Cost of living crisis weighs on retail sales growth

High levels of inflation and the deepening cost of living crisis have prompted further…

Cost of living crisis will not curtail Brits summer spending, M&S finds

The cost of a living crisis is not dampening UK consumers’ desires to make the most of…

Cost of living crisis could lead to ‘mild recession’, report warns

There is a rising risk of the UK economy falling into a “mild recession” due to the cost of…

High street footfall plummets amid cost of living strain

High street footfall fell 25% in May against the previous month, according to RSM UK’s…

Boohoo announces sales drop amid cost of living crisis

Boohoo has announced that its revenues declined 8% in the first quarter of 2022, but are up…

Sainsbury’s to invest £500m to help with cost of living crisis

Sainsbury’s price investment is set to top £500m in a bid to help customers amid the ongoing…

John Lewis chair Sharon White calls for cost of living aid package

Chair of the John Lewis Partnership, Dame Sharon White, has urged the government to issue a…

Rising cost of living dents April retail sales

Retail sales decreased by 0.3% in April compared with the year prior, marking the first…

Asda invests £73m to tackle cost of living crisis