Economy
The latest news, updates and analysis on the economy and how it is affecting the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Oct- 2019 -15 October
Grocery sales slow to lowest September growth in two years
Shopping momentum has fallen in September, with grocery sales slowing to +1.7% in the last four weeks. According to new…
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11 October
Brexit concerns lead to slump in retail spending in September
Concerns over a no-deal Brexit led to a decrease in consumer spending in September, according to new figures from the…
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10 October
N Brown returns to profit amid strong H1 results
Fashion retailer N Brown has returned to profit after reporting an 151.9% increase in statutory operating profit to £14.7m, up…
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Sep- 2019 -27 September
UK consumer confidence improves in September
GfK’s long-running Consumer Confidence Index increased two points to –12 in September. The index measuring changes in personal finances during…
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19 September
Retail sales see ‘modest’ growth in August
Retail sales grew by a “modest” 2.9% in August compared with the same month last year, according to the Office…
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17 September
Late August bank holiday heatwave lifts grocery sales
The late August bank holiday heatwave lifted total supermarket sales to +2.2% in the last four weeks, according to Nielsen’s…
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9 September
H&M battles with landlords over rents
Fashion retailer H&M is battling with landlords over rent reductions, which could potentially see property owners bear the cost of…
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9 September
Footfall drops off in late summer
Footfall continued its decline over the late summer, recording a 1.3% decline for the four week period to 24 August.…
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4 September
M&S to be relegated from FTSE 100
Marks and Spencer is set to be removed from the FTSE 100 for the first time since the index launched…
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Aug- 2019 -30 August
UK consumer confidence decreases three points in August
GfK’s long-running Consumer Confidence Index decreased by three points to -14 in August. The measure for the general economic situation…
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