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Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

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Interest Rates

This coverage explores UK interest rate movements and their impact on the retail industry, focusing on monetary policy decisions, borrowing costs, consumer spending, and retailer financing strategies. Reporting highlights how rate changes affect sales dynamics, investment planning, and operational budgets — providing insight for executives, finance leads, and business strategists navigating economic volatility.

Interest Rates

This coverage explores UK interest rate movements and their impact on the retail industry, focusing on monetary policy decisions, borrowing costs, consumer spending, and retailer financing strategies. Reporting highlights how rate changes affect sales dynamics, investment planning, and operational budgets — providing insight for executives, finance leads, and business strategists navigating economic volatility.

Today’s news in brief-20/09/23

Dunelm announced record sales in its full-year results, with revenues rising by 5.5% to…

Inflation ‘unexpectedly’ falls to 6.7%

The headline rate of inflation has fallen by 0.1% to 6.7% in August, according to the latest…

UK retail sales soar by 4.1% in August

UK total retail sales has seen an increase of 4.1% in August, against a growth of 1.0% in…

Asda owners eye £500m property deal

The Issa brothers could reportedly offload a further “chunk” of Asda’s property portfolio to…

UK consumer confidence improves in August as inflation falls

GfK’s Consumer Confidence Index was up five points to -25 in August, compared with -44 in…

Retail sales slow in July amid heavy rain

The UK’s total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3%…

Retail sector accounted for 16% of UK administrations in 2023, study finds

The retail sector accounted for 16% of administrations in the first six months of 2023 – the…

BoE raises interest rates to 5.25%

The Bank of England (BoE) has raised interest rates for the 14th consecutive time to 5.25%…

July footfall drops for the first time since 2009

Footfall across UK retail destinations declined by -0.3% over the month from June to July…
ScS full-year profits to meet market expectations

ScS full-year profits to meet market expectations

ScS has said it expects to report that full year profits will be in line with market…