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Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Topic Hub

Economic Growth

This coverage reviews UK economic growth trends and their impact on the retail sector, focusing on consumer spending, GDP indicators, inflation, and regional performance. Reporting examines how macroeconomic shifts shape retail investment, pricing strategies, and store expansion decisions—offering insights for retail executives, CFOs, and business leaders navigating market cycles and strategic planning.

Economic Growth

This coverage reviews UK economic growth trends and their impact on the retail sector, focusing on consumer spending, GDP indicators, inflation, and regional performance. Reporting examines how macroeconomic shifts shape retail investment, pricing strategies, and store expansion decisions—offering insights for retail executives, CFOs, and business leaders navigating market cycles and strategic planning.

Today’s news in brief-15/2/24

The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter…

Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January…

M&S ‘top performing’ grocer over Christmas period

M&S has revealed that it was the top performing grocer in volume growth terms over the…

Consumer confidence improves during December

Consumer confidence improved two points during December to -22 as sentiment improved ahead…

Supply chain pressures slow down retail growth

Continued supply chain pressures, including cost increases, delayed materials and shortages…

Lidl to add over 1,500 warehouse staff amid new distribution centre plans

Lidl GB has announced that it is recruiting over 1,500 warehouse colleagues across its…

Retailers welcome budget but ‘missed opportunity’ for rates reform

Retail has welcomed the support for households in the face of the cost of living crisis in…

Retail jobs at lowest four quarter average in over a decade

The number of retail jobs in the UK was down to its lowest average four quarter level in…

PM agrees new Brexit deal with EU for NI

Prime minister Rishi Sunak has agreed a deal with the head of the European Commission,…

Trade bodies urge Govt to reform ‘broken’ apprenticeship levy

Four trade bodies within UK retail and hospitality, including the BRC, have called on the…