Interest rate

Retail sales slump 2.3% in April amid wet weather

Retail sales fell by 2.3% in volume over April, following a fall of 0.2% in March, as the retail sector…

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Mothercare enters refinancing talks amid sales decline

Mothercare is exploring its refinancing options after sales fell by 13% to £281m in the year ended 30 March 2024,…

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Today’s news in brief-22/3/24

In February, UK retail sales stagnated at 0.0%, down from 3.6% the previous month, largely due to inclement weather dampening…

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Retail sales flatline in rainiest February on record

UK retail sales experienced no growth (0.0%) in February, down from 3.6% in the month prior, as wet weather discouraged…

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What went wrong with Wilko’s and who is next in 2024

As we begin the first quarter of 2024 much of the industry will be reflecting on the sector’s 2023 performance.…

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Today’s news in brief-8/1/24

The UK retail sector faced challenges as almost 120,000 jobs were lost and over 10,000 stores closed, according to data…

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A guide to offering financing options

Understand the benefits Familiarise yourself with the benefits of offering financing options, such as increased sales, higher average order values,…

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Superdry agrees £25m secondary lending facility

Superdry has announced that it has agreed a deal with Hilco Capital Limited for a secondary lending facility worth £25m.…

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UK retail M&A deals increase to a five-year high

The number of M&A deals targeting UK retailers has increased 23% over the last year, from 31 deals in the…

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LFL sales nudge up 1.9% in June, BDO finds

Like-for-like retail sales improved marginally in June, up 1.9%, according to new data from BDO LLP.  The latest BDO’s high…

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