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.
-
Jan- 2018 -17 JanuaryEconomy
Inflation drops for the first time in 6 months
The inflation rate saw a slight dip in December, falling to 3%, according to figures released by the Office of National Statistics (ONS). The level of inflation, according to Consumer Price Index (CPI), was less than November’s rate of 3.1%, which was at its highest for six years. The high…
Read More » -
9 JanuaryEconomy
UK retail sales show marginal growth over Christmas
UK retail sales showed less growth over Christmas than they did last year, according to figures from the British Retail Consortium (BRC). Retail sales increased by 0.6% on a like-for-like basis from December 2016, which was a decline compared to an increase of 1.0% from the preceding year. Over the…
Read More » -
5 JanuaryEconomy
Christmas discounts push shop price deflation to 9-month high
Shop prices in December fell at their fastest rate for nine months, having previously been “teetering on the edge of inflation,” according to new figures. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index showed overall shop prices dropped 0.6% cent in December compared with the same month…
Read More » -
3 JanuaryNews
Next boosts profit forecast by £7m after stronger Christmas sales
Clothing retailer Next has raised its full year profit forecast by £7m after delivering a stronger than expected Christmas sales period. The period yielded a 1.5% increase in full-price sales from November 1 to December 24, attributed to strong online sales for winter clothing as customers prepared for the cold…
Read More » -
Nov- 2017 -20 NovemberNews
Christmas spending set to rise, says Accenture
Despite concerns around Brexit, spending on Christmas purchases is likely to increase in the UK this year, with more than a third (37%) of consumers planning to spend more than they did last year, according to the latest Accenture Holiday Shopping Survey. Now in its fourth year, the survey examined the buying…
Read More »
