National Living Wage
This coverage explores the implications of the National Living Wage for UK retailers, including its impact on staffing costs, operational decisions, and workforce management. Reporting highlights wage policy changes, employer responses, legal obligations, and strategies to balance compliance with commercial performance — providing insight for retail executives, HR managers, and business owners navigating wage legislation.
-
May- 2025 -21 MayEconomy
Inflation jumps to 3.5% in April
Inflation increased to 3.5% in April, according to the latest figures for the Office for National Statistics (ONS), which it blamed on a “significant increase” in household bills. The 12-month inflation rate for housing and household services was 7.0% in April 2025, up from 5.1% in March. On a monthly…
Read More » -
13 MayEconomy
Late Easter sees retail sales rise 7% in April
UK total retail sales increased by 7% year-on-year in April, against a decline of 4% in April 2024, according to the latest BRC-KPMG retail sales monitor. This was above the three-month average growth of 2.9% and above the 12-month average growth of 1.4%. However, the retail sales monitor clarifies as…
Read More » -
7 MayHigh Street
Card Factory sales and profits rise in FY25 amid growth strategy
Card Factory has welcomed a year of “resilient” trading, with both revenues and profits rising as the group implemented its growth strategy and expanded its store portfolio and product offerings over the period. In the full-year ended 31 January 2025, adjusted profit before tax rose by 6.3% to £66m, while…
Read More » -
Apr- 2025 -24 AprilFeatures
Retail’s staffing crisis: why jobs are disappearing and what’s next
Across the UK, retail employment remains 5% below pre-pandemic levels, according to Deputy’s Big Shift 2025 report. The decline is steady, pushed along by automation, e-commerce, and shifting worker expectations. In contrast, London’s hospitality sector is booming – fuelled by the city’s night-time economy, now worth a quarter of all…
Read More » -
23 AprilFeatures
The potential ripple effect of Asda’s Rollback return
Asda has brought back its “iconic” Rollback scheme, reducing prices on more than 4,000 products in stores and online. As a result, more than £4bn has been wiped off the value of Tesco, Sainsbury’s and Marks and Spencer stock amid fears that rival Asda will step up the grocery price…
Read More » -
15 AprilEconomy
UK sales increase 1.1% in March thanks to good weather boost
UK Total retail sales increased by 1.1% year on year in March, against a growth of 3.5% in March 2024, with gardening and DIY sales being boosted by good weather. New data from the BRC and KPMG revealed that the increase was below the 3-month average growth of 1.6% and…
Read More » -
7 AprilNews-In-Brief
Today’s news in brief-7/4/25
US President Donald Trump has defended his newly announced tariffs, describing them as necessary “medicine” to address trade imbalances. Speaking aboard Air Force One, Trump warned that governments would need to pay “a lot of money” to lift the sweeping tariffs, which include a baseline 10% levy on imports from…
Read More » -
7 AprilGovernment
Entry-level job costs jump over 10% for retailers
The cost of employing people into entry-level jobs has increased over 10% for retailers as a result of the rise in National Insurance Contributions (NICs) coupled with the increase to the National Living Wage, according to the British Retail Consortium. Alongside this, the trade body has claimed that the cost…
Read More » -
2 AprilNews-In-Brief
Today’s news in brief-2/4/25
Topps Tiles reported a 4% rise in half-year sales to £127.7m, with underlying growth accelerating to 4.4% in Q2. Trade sales surged 12%, supported by an 11% increase in active traders. However, the retailer warned that National Living Wage and National Insurance hikes will add £4m to annual costs from…
Read More » -
2 AprilDIY
Topps Tiles HY sales jump 4% to £127.7m
Topps Tiles has revealed that its group sales rose 4% to £127.7m for the 26 weeks ended 29 March 2025. Furthermore, it saw underlying sales growth in the second quarter of 4.4% after adjusting for the timing of holiday periods, up from 3.3% underlying growth in the first quarter. Underlying…
Read More »
