Inflation

Shop price inflation falls for first time in 2023

Shop price inflation is thought to have peaked in the first week of April, according to the BRC, after it…

Read More »

John Lewis to downsize head office in cost-cutting efforts

John Lewis is looking to halve its office space in an effort to cut costs through a loose hybrid working…

Read More »

Retailers cautious to invest as retail vacancies plateau

The overall vacancy rate for retail units in the UK remained at 13.8% of Q1 in 2023, the same rate…

Read More »

Retailers not likely to benefit from King’s Coronation, GlobalData finds

Retailers may not reap significant benefits from the King’s Coronation as consumers are more likely to use it as a…

Read More »

Sainsbury’s posts fall in profits amid consumer cost measures

Sainsbury’s has seen its statutory pre-tax profits drop 62% to £327m, down from £854m the previous year, during the 52-week…

Read More »

Grocery price inflation dips as Aldi secures 10% market share

Grocery price inflation rose by 17.3% in the four weeks to 16 April 2023, down marginally on the 17.5% recorded…

Read More »

Kering set to pay £13m rent for Bond Street store

Luxury retailer Kering is set to pay £13m or more per year for a new Yves Saint Lauren store on…

Read More »

Retail profit warnings fall to lowest level since 2020

UK-listed retailers issued five profit warnings in Q1 2023, marking a decrease from the nine issued in both Q4 2022…

Read More »

Poor weather sees retail sales fall 0.9% in March

Retail sales in the UK fell 0.9% in March according to latest figures from the Office for National Statistics (ONS).…

Read More »

UK consumer confidence increases by six points, says GfK

GfK’s Consumer Confidence Index was up six points in April and is now at -30, compared to -38 in April…

Read More »