Pandemic
This coverage examines the impact of pandemics on the UK retail industry, focusing on operational disruption, financial challenges, consumer behaviour shifts, and recovery strategies. Reporting highlights store closures, safety measures, supply chain pressures, leadership decisions, and lessons learned to enhance resilience. Tailored for executives and managers, it provides insights to navigate crisis situations and strengthen preparedness.
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Jan- 2022 -5 JanuarySupermarkets
Grocery sales hit £11.7bn in December
Take-home grocery sales reached £11.7bn in December alone as shoppers upped their spending to celebrate Christmas, according to the latest figures from Kantar. Over the 12 weeks to 26 December 2021, shoppers spent £31.7bn primarily boosted by the December performance. Although down by 3.0% compared with 2020, spending remains higher…
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5 JanuaryNews
Price rises to pick up momentum in 2022
Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in the new year, according to a latest study from the BRC. The increase of 0.3% is above the 12 and six month average price decreases of 0.9% and 0.3%, respectively.…
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4 JanuarySupermarkets
Ethical spending hits ‘record’ £122bn in 2021
Ethical spending across the UK has reached “record” highs as it exceeded £100bn for the first time ever, amounting to a total of £122bn in 2021, according to new data from the Co-Op. While the UK’s ‘green pound’ soared over the period, brand boycotts on ethical grounds were also found…
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Dec- 2021 -17 DecemberComment
Why 2022 will be a defining year for UK retail
Retailers are coming out of what has been another challenging year but are undoubtedly now optimistic and looking forward to a prosperous festive season. Early reports paint a positive picture with ONS data showing an 0.8% rise in total sales volume in October, and GfK revealing that consumer confidence is…
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16 DecemberClothing & Shoes
Boohoo warns higher return rates to impact FY22 profits
Boohoo has warned that “significantly” higher return rates will impact profits for the full-year ending 28 February 2022 making it “lower than previously guided”. In a recent trading update for the three months to 30 November 2021, the group said it now expects net sales growth for the full-year to…
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10 DecemberDIY
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend of 25.0p per share. It comes as the group welcomed a “strong” performance against pre-pandemic levels in its FY22 interim results on 11 November, with an ongoing evaluation of its…
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9 DecemberHigh Street
Frasers Group profits soar 75% in H1
Frasers Group has seen its pre-tax profit rocket 75% to £186m in its latest half-year results, largely driven by a strong reopening performance of stores post-lockdown and a continued growth in its online business. The group also cited ongoing operating efficiencies and the FY21 comparative period being hit by lockdowns…
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8 DecemberSupermarkets
McColl’s FY profit to be hit by supply chain issues
McColl’s has warned that profits could be between £20m and £22m in the full-year ended 28 November 2021, down from £29.1m in FY20, as the group blamed the impact of the pandemic and supply chain issues on its FY21 performance. In light of the disruption over the period, the retailer…
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7 DecemberAdvice
Retail trends 2022: What Brits want from retailers
Attest, a consumer research platform for the world’s biggest brands, today releases new data on the retail trends that are likely to shape 2022. The research is found within the second annual UK Consumer Trends report that tracks sentiment and behaviours ahead of the new year. Key findings include: Overall,…
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7 DecemberHigh Street
Consumer spending rises 16% in November
Consumer spending grew by 16% in November as early festive pursuits boosted retail, hospitality and leisure, according to the latest Barclaycard report. Spending on non-essential items saw its highest increase since before the pandemic at 17.7%. Meanwhile, spending on essential items rose by 12.5%, which was slightly less than in…
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