Inflation

Retail sales dip in May as consumers cut spending

Sales across retail decreased by 1.1% in May, against an increase of 28.4% in May 2021, as consumers continued to…

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Lands End revenue dips 5% in Q1

Lands End has reported a net revenue decrease of 5.5% to $303.7m (£241.6m) in the first quarter of 2022, compared…

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Less hands make light work: easing impact financial stress on UK retailers

Almost every person in the UK has been affected by the various economic issues currently plaguing post-pandemic pockets. While discretionary…

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Supermarkets warn of price surge if imperial measurements return

The British Retail Consortium, which represents supermarkets including Sainsbury’s, Asda and Morrisons, has warned the prime minister that returning to…

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Asos and Curry’s among retailers to warn Sunak against OST

A group of 11 retailers, including Asos, Currys, and Gymshark, have reportedly urged the government to abandon plans for an…

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Sainsbury’s to invest £500m to help with cost of living crisis

Sainsbury’s price investment is set to top £500m in a bid to help customers amid the ongoing cost of living…

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Ted Baker losses narrow as sales boosted by return of social events

Ted Baker has seen its losses narrow to £44.1m for the 52 weeks ended 29 January 2022, up from a…

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Wickes sales dip despite ‘record’ order books

Wickes has revealed that like-for-like sales for the first 20 weeks of the year were down 0.6% against the prior…

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Consumer confidence drops to lowest level since 1974

UK consumer confidence has fallen to its lowest level since records began in 1974, according to the latest figures from…

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M&S chairman slams post-brexit rules for Northern Ireland

The chairman of Marks and Spencer, Archie Norman, has backed government plans to override parts of the Northern Ireland protocol,…

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