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Strong December retail sales fail to offset weak Q4

Strong December retail sales fail to offset weak Q4

Next acquires Russell and Bromley

Next acquires Russell and Bromley

Primark sales fall 2.7% despite steady parent group revenues

Primark sales fall 2.7% despite steady parent group revenues

Forecast

This coverage delivers expert forecasts and market outlooks for the UK retail industry, analysing economic indicators, consumer confidence, and sector performance across key retail categories. Retail Sector reports on sales projections, seasonal trends, inflation impacts, and strategic insights from analysts and industry leaders. Coverage spans both short- and long-term outlooks for high streets, e-commerce, and major retail segments, helping professionals anticipate shifts in demand, pricing, and investment. For decision-makers, this category offers data-driven intelligence to support planning, budgeting, and growth strategies in an evolving market environment.

Forecast

This coverage delivers expert forecasts and market outlooks for the UK retail industry, analysing economic indicators, consumer confidence, and sector performance across key retail categories. Retail Sector reports on sales projections, seasonal trends, inflation impacts, and strategic insights from analysts and industry leaders. Coverage spans both short- and long-term outlooks for high streets, e-commerce, and major retail segments, helping professionals anticipate shifts in demand, pricing, and investment. For decision-makers, this category offers data-driven intelligence to support planning, budgeting, and growth strategies in an evolving market environment.

BoE raises interest rates to 4%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing…

Boohoo revenues drop 11%

Boohoo has revealed its revenues dropped 11% to £637.7m in the three months to 31 December,…
Halfords lowers guidance as lack of technicians hampers growth

Halfords lowers guidance as lack of technicians hampers growth

Halfords has lowered its full-year profit guidance after it revealed that a challenging…

Consumer confidence remains at ‘historic lows’ in December

GfK’s Consumer Confidence Index increased by only two points in December to -42, with…

Footfall rises marginally as cold snap impacts performance

Footfall across UK retail destinations rose marginally last week (Dec 5-12) by +0.3% from…

Inventory planner helps mom-of-three raise America’s fastest growing baby brand

Forget the terrible twos – for most baby and toddler brands, the last five years have been a…

Moonpig lowers sales forecast ahead of uncertain Christmas

Greeting card retailer Moonpig has lowered its sales forecast for 2023 to £320m down from…

John Lewis and Waitrose cut heating and lighting to tackle bills

John Lewis and Waitrose are set to reduce their energy consumption this winter, with the…

CBI downgrades growth forecast to -0.4% amid ‘lacklustre outlook’

CBI has downgraded its GDP growth outlook significantly, to -0.4% in 2023 (from 1.0% in its…

Consumers are feeling the pinch – but so are retailers. Can Black Friday even happen this year?

Black Friday traditionally marks the start of the festive shopping season, with big ticket…
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