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 -29 October
Retailers report ‘record high’ stock levels in October
Retailers’ stock levels in relation to expected sales were at their highest on record in October, according to the latest…
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29 October
Sosander shares jump as revenues surge 53%
Shares in Sosander PLC jumped 12 % in early trading on Monday (28 October) as the retailer reported a strong…
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22 October
Consumer confidence drops in Q3 amid continued Brexit uncertainty
The Deloitte consumer confidence index fell to -9% in Q3 2019, one point lower than in the previous quarter and…
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18 October
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail…
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16 October
Retail sector could face £137m rates hike next year
September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…
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15 October
BRC ‘disappointed’ with business rates relief in Queen’s speech
The British Retail Consortium has responded to the Queen’s speech, praising its approach to crime and sustainability but was “surprised…
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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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