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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Mar- 2018 -9 MarchHigh Street
Valentine’s Day sales fall for fifth year in a row
Valentine’s Day like-for-like in-store sales fell by -1.6% in February, according to the BDO High Street Sales Tracker. The poor performance comes from a weak benchmark of -2.2% for the same period last year and is a further blow to a struggling high street which has seen the collapse of…
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6 MarchDepartment Stores
Consumer spending on ‘non-essentials’ increases
According to Barclaycard February 2018 saw increased sales of non-essentials, as consumers continued to prioritise their spending on the ‘experience economy’. Data from the group also revealed supermarket spending (3.2%) returned to levels previously seen over the past six months, after a spike of 4.4% in January 2018. Entertainment performed…
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6 MarchHigh Street
Grocery purchases drive UK retail sales: BRC
Food sales continue to drive up sales in the retail sector, but non-food retailers suffered a fall in spending. Over three months to February in-store sales of non-food items declined by 2.4% on a total basis, and 3.3% on a like-for-like basis, according to figures released today by the British…
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Feb- 2018 -28 FebruaryEconomy
Pressures on shop prices ease
February shop price deflation deepened to 0.8% in February 2018 compared 0.5% with the previous month. According the British Retail Consortium deflation in non-food prices deepened in February, with prices decreasing at a rate of 2.2% compared to January when prices declined by 1.9%. This was the deepest deflation since…
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20 FebruaryClothing & Shoes
Online retail sales see 13.9% year on year growth
UK online retail sales were up 13.9% year-on-year (YoY) in January, according to the latest figures from the IMRG Capgemini e-Retail Sales Index. With rainfall above average in January, and the lowest January high street footfall recorded in five years, consumers turned to online shopping in the beginning of the…
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12 FebruaryHigh Street
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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6 FebruaryEconomy
Consumer spending grows 3.9% in January
Consumer spending increased 3.9% in January, partially driven by price increases that continued to drive uplifts in ‘essential’ spending. That is according to data from Barclaycard, which processes nearly half of the nation’s credit and debit card transactions. Spending growth on day-to-day necessities surpassed 4% for the first time in…
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Jan- 2018 -26 JanuaryHigh Street
Retail sales growth weakens post-Christmas
Retail sales grew slower pace during January when compared with the past four years, according to the latest monthly CBI Distributive Trades Survey. The survey also showed that, in the year to January, orders placed on suppliers fell, also against expectations of growth. Looking ahead to the next month, retailers…
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23 JanuaryOnline & Digital
Online retail shows signs of maturing with tough 2018 ahead, says IMRG
The rate of retail sales growth is pointing to a ‘maturing market’, figures from the IMRG Capgemini e-Retail Sales Index suggest. UK online retail sales were up 12.1% on average year-on-year (YoY) in 2017, which was lower than the IMRG’s forecast of 14%. This figures also falls short of 2016’s…
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18 JanuaryHigh Street
Costa predicts tough year ahead
Whitbread, the group which owns Costa and Premier Inn, has reported that a “tough UK high street environment and inflation” is expected to pose challenges for the sector over the coming year. Despite Costa sales growing by 7.2% – partly due to new store openings and Costa Express expansion –…
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