Retail Sales

Economy unexpectedly shrinks 0.1% in May

Monthly real gross domestic product (GDP) unexpectedly fell 0.1% in May 2025, following an unrevised fall of 0.3% in April 2025 and growth of 0.4% in March 2025, according to the latest figures from the Office for National Statistics (ONS). Gross domestic product (GDP) rose by 0.5% in the three…

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Footasylum FY profits jump 188% as sales hit record £349.5m

Footasylum has revealed its profit before tax  jumped 188% to £17.2m and its operating profits more than doubled to £21.7m, in the year to 25 January 2025. It comes as it reported a 9.4% rise in revenues to £349.5m amid strong consumer demand for its exclusive brands and new store…

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Boots sales rise 5% in Q3 amid strong online performance

Walgreen Boots Alliance has reported that its International segment saw sales rise by 7.8% to $6.2bn (£4.5bn) during the third quarter, with Boots UK sales growing 5% and the Germany wholesale business growing 6.8%.  The group, which is the parent company of Boots, has seen its third quarter sales rise…

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Retail sales see sharpest monthly fall since December 2023

Retail sales volumes fell by 2.7% in May, according to the latest retail sales figures from the ONS, marking the sharpest monthly decline since December 2023. The fall followed a revised 1.3% rise in April and was driven largely by reduced spending in food stores and weaker sales of clothing…

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Women’s Euros to deliver £593m retail boost, report finds

The Women’s Euro 2025 football tournament is expected to deliver a £593.4m boost to UK retail, according to a new report from VoucherCodes.co.uk. The Women’s UEFA Euro 2025 Spending Report forecasts that the event will contribute £851.6m to the UK economy overall. Around 19.7 million fans are expected to watch…

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Retail sales rise 1% in May despite low non-essential spending

Total retail sales rose by 1% year-on-year in the four weeks to 31 May, up from 0.7% in the same period last year, despite customers cutting back on non-essential purchases, according to new figures from the British Retail Consortium (BRC).  It comes as consumer confidence had risen in May, supported…

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Spring heatwave sparks 500% retail sales surge at Debenhams Group

The Debenhams Group, which includes Debenhams, Karen Millen, Boohoo, Man, and PrettyLittleThing, has reported a 500% surge in sales and a 1,000% increase in searches for certain summer products this May, compared with the same month last year, driven by the spring heatwave. New data, which looked at the demand…

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Retail sales beat expectations in April

Retail sales volumes increased 1.2% in April 2025, up from a rise of 0.1% in March 2025, marking the fourth consecutive month of growth and easily beating forecasts of 0.2%. Food store sales increased 3.9%, mostly recovering from falls in February and March 2025. Supermarkets, specialist food stores such as…

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Burberry to axe 1,700 roles amid full-year losses

Burberry has warned it could cut up to 1,700 roles globally as part of a new cost-cutting drive, after the group fell to a £3m loss in its full-year results, down from a profit of £418m the prior year.  In the year ended 29 March 2025, revenues plummeted 17% to…

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Next ups profit guidance as Q1 sales rise by 11.4%

Next has upped its full-year profit guidance as it welcomed “better than expected” sales in the first quarter, with full price sales up by 11.4% as trade was boosted by the warmer spring weather. The “overperformance” meant sales were £55m higher than its forecast for the period, with the group…

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