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.
-
Jan- 2019 -4 January
Shop prices rise in December despite discounting
Shop prices saw a 0.3% year-on-year increase in December despite many retailers discounting heavily during the festive period, the BRC-Nielsen…
Read More » -
Dec- 2018 -21 December
London’s West End to receive £186m pre-Christmas boost
Shoppers visiting London’s West End are expected to spend £186m in the final three days before Christmas, according to New…
Read More » -
20 December
Online breaks 20% of retail for first time
The quantity bought in retail sales increased by 0.4% in the three months to November 2018, driven by growths in…
Read More » -
20 December
UK airport retailers expected to take over £56m during ‘busiest time of the year’
New research has found that UK travellers will spend over £56m at UK airports during this period, considered the “busiest…
Read More » -
19 December
John Lewis bucks retail woes with festive sales increase
John Lewis has bucked retail troubles reporting a total sales increase of 1.8% for the week to 15 December. The…
Read More » -
19 December
Lowest November growth in seven years for online retail
UK online retail sales suffered its worst November growth since 2011 last month coming in at just +8.1% year-on-year (YoY),…
Read More » -
18 December
Consumer spending drags for second month in a row
Consumer spending has dropped by 0.7% in November, the second month of decline following the 0.2% drop in October according…
Read More » -
18 December
HMV’s Hong Kong operations enter liquidation following 41% revenue fall
HMV is to wind up its Hong Kong stores after entering liquidation today (18 December), the company blamed a 41%…
Read More » -
18 December
Brits to spend £1.65bn on last minute Christmas purchases
Some 14.9 million shoppers are expected to spend £1.65bn on last minute Christmas purchases, new research by discount code website…
Read More » -
17 December
Laura Ashley to close 40 UK stores as it expands to China
Homeware and clothing retailer, Laura Ashley has announced it is to close 40 UK stores as it expands its Chinese…
Read More »
