Inflation
This coverage analyses the impact of inflation on the UK retail industry, focusing on costs, pricing strategies, consumer spending, and operational challenges. Reporting highlights economic trends, retailer responses, supply chain pressures, and leadership decisions to manage margins and demand. Designed for executives and managers, it offers insights to navigate inflationary pressures while maintaining competitiveness.
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Jan- 2025 -20 JanuaryFeatures
What can the luxury retail sector expect in 2025?
As we step into 2025, the luxury retail sector finds itself at a pivotal crossroads. The industry, which witnessed a golden era of growth between 2019 and 2023, is now facing a multitude of macroeconomic headwinds, evolving consumer preferences, and an urgent need to redefine its value proposition. According to…
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20 JanuaryNews
Bira calls for gov action following ‘disappointing’ December sales
The British Independent Retailers Association (Bira) is calling for urgent government intervention following “disappointing” December retail figures, which show sales volumes fell by 0.3% following a modest 0.1% rise in November 2024. The figures, released by the BRC on Friday (17 January), revealed that while non-food stores such as clothing…
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16 JanuaryNews-In-Brief
Today’s news in brief-16/1/25
The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This upturn was driven by a 0.1% increase in services output, primarily bolstered by a 2% rise in accommodation and food services. Consumer-facing services grew by 0.5%, while wholesale and retail…
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16 JanuaryEconomy
UK economy narrowly returns to growth in November
The UK economy narrowly returned to growth in November as real gross domestic product (GDP) increased 0.1%, largely because of a growth in services. The increase comes after two consecutive months of decline, however, real GDP is estimated to have shown no growth in the three months to November 2024,…
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15 JanuaryNews-In-Brief
Today’s news in brief-15/1/25
Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the ONS. The decrease, attributed to reduced hotel and tobacco prices despite rising fuel costs, exceeded expectations, as analysts had predicted inflation would remain steady at 2.6%. While inflation remains above…
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15 JanuaryEconomy
NI increase will force retailers to raise prices, BRC warns
The British Retail Consortium (BRC) has warned that the National Insurance Increase, set to come into place this April, will force retailers to put up prices after it found that two thirds of CFOs said they will do so in response to the change. The BRC said its survey of…
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15 JanuaryEconomy
Inflation unexpectedly falls to 2.5% in December
The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in December, dipping for the first time in three months, according to the Office for National Statistics (ONS). It comes as hotel prices fell and tobacco costs eased, which have been credited with helping offset a…
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10 JanuaryFeatures
From comedy to commerce: Vix Leyton on the data that drives retail
In the fast-paced, data-driven world of retail analytics, Vix Leyton, Head of Content at Pepper.com, stands out for her unique career journey and dual life as a stand-up comedian. In a candid interview, Leyton shared her insights on the industry’s evolution, the trends that defined 2023, and where the retail…
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9 JanuaryNews-In-Brief
Today’s news in brief-9/1/25
The BRC-Nielsen IQ Shop Price Index showed shop price deflation at 1% in early December, up from 0.6% the previous month, reflecting strong discounting tied to a later Black Friday. Non-food prices fell sharply by 2.4%, though food inflation remained steady at 1.8%, its lowest since December 2021. BRC CEO…
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9 JanuaryEconomy
BRC warns of 2025 headwinds despite lower Xmas inflation
Consumers benefited from lower inflation for the week to 7 December 2024, according to the latest BRC-Nielsen IQ Shop Price Index, yet the British Retail Consortium anticipates fresh headwinds for the new year. The later timing of Black Friday in 2024 meant that the first week of December included the…
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