Inflation
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Jan- 2023 -18 JanuaryEconomy
UK inflation dips for second consecutive month
UK inflation fell slightly for the second consecutive month from 10.7% to 10.5% in December as easing fuel costs were…
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11 JanuaryClothing & Shoes
Boohoo to axe roles at London office
Boohoo Group is set to make a series of job cuts across its London office, and is reportedly consulting on…
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10 JanuaryEconomy
Retail sales rise 6.9% over Christmas
The BRC has reported that sales on a total basis increased by 6.9% in December 2022, compared with the prior…
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10 JanuarySupermarkets
Supermarkets see spending surge in final weeks of December
Total Till value growth at supermarkets increased to 10.9% from 7.6% in the final four weeks ending 31 December 2022,…
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5 JanuaryHigh Street
Wilko secures £40m in funding from Homebase owner
Wilko has reportedly secured £40m in funding from Hilco UK, the investor which owns both Homebase and Cath Kidston. According…
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5 JanuaryHigh Street
Next ups guidance amid strong Christmas sales
Next has increased its full year profit before tax guidance by £20m to £860m, as sales in the Christmas period…
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4 JanuaryEconomy
Food inflation hits record high of 13.3%
ood inflation accelerated to the highest inflation rate in the category on record, after jumping to 13.3% in December, up…
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3 JanuaryHigh Street
Low retail sales growth expected in 2023, says BRC
Retail sales are estimated to grow between 2.3% to 3.5% in 2023, according to new analysis by the British Retail…
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Dec- 2022 -21 DecemberClothing & Shoes
Paul Smith halves operating loss as FY sales surge 35%
Fashion retailer Paul Smith has almost halved its operating loss from £16.16m to £8.25m for the year ended 30 June,…
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20 DecemberHigh Street
Shop prices surge to record highs
Shop Price annual inflation accelerated to 6.6% in October, up from 5.7% in September, according to the latest BRC and…
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