Economic Headwinds

Retailers raise over £500m for good causes throughout the year, BRC finds

A new report by the British Retail Consortium (BRC) has found that retailers and their customers raised £540m for good…

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UK retail rewards programmes influence £74.9 billion in consumer spending

As the cost of living crisis continues to bite, a new report by shopping rewards experts Webloyalty and economists Cebr…

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Consumer confidence improves by a further three points in June

GfK’s long-running Consumer Confidence Index increased three points to -24 in June. after three measures improved, one was down and…

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The trials and tribulations of Superdry

Back in the early to mid 2010s Superdry was a highly popular and successful clothes brand. The company grew hugely…

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EG Group revenues jump 25% to $33bn

Asda owners the Issa brothers’ EG Group has revealed its full-year revenues surged 25% to $33.04bn (£22.5bn), which it said…

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The Works hails ‘resilient’ sales amid 5.7% jump

The Works has revealed it has seen a strengthening in trade since the end of its first half, with like-for-like…

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Ocado reveals Q4 revenues of £550m

Online retailer Ocado has announced revenues of £550m for 13 weeks ended 27 November 2022, an increase of 0.3% compared…

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Halfords lowers guidance as lack of technicians hampers growth

Halfords has lowered its full-year profit guidance after it revealed that a challenging labour market meant a lack of skilled…

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The Fragrance Shop reports ‘record sales’ amid 11% increase

The Fragrance Shop has announced that it saw an 11.2% increase in underlying sales in the six weeks ending 31…

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Retail sales plummet in November, CBI finds

Retailers saw their sales volumes plummet in the year to November, according to the CBI’s latest quarterly distributive trades survey,…

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