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- 2018 -18 October
Retail sector ‘to face £186.45m business rates increase next April’
Retail firms will see business rates increase by £186.45 next April for the year 2019/20, according to real estate advisor…
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15 October
Shoe Zone defies retail blues to report strong summer performance
Shoe Zone has announced a “strong performance” for the current financial year, seeing its revenue rise by almost 2% for…
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12 October
Boots sales fall 3% due to ‘decline in UK pharmacy funding’
Boots has announced a 3.4% fall in sales between June and August 2018 comparison with the same period last year.…
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8 October
Quiz issues profit warning leading to 25% share tumble
Clothing retailer Quiz has released a profit warning, five months after announcing a revenue growth of 30%. Shares in Quiz…
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8 October
Footfall continues to fall in September
Footfall continued on its decline in September, according to the Ipsos Retail Performance Weathermap. All regions saw a year-on-year drop…
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3 October
Shop prices rise for second month in row
Shop prices increased for two consecutive months – the first consecutive growth in five years – according to the latest…
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Sep- 2018 -27 September
One in four UK small retail businesses ‘fearful’ of Brexit, research finds
A quarter of small UK retail businesses admit they are “fearful” of Brexit, data from YouGov analysed by Vend has…
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27 September
New research shows majority of British people will buy local this Christmas
New research into Christmas online shopping has revealed that British people are increasingly buying from home-grown brands. The research, from…
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21 September
House of Fraser decline leads to French Connection store closures
French Connection has announced it will be shuttering more of its stores following the closure of two under-performing branches in…
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20 September
Online retail sales stay steady; mobile growth hits ‘all time low’
UK online retail sales held steady this August, as shopper spending reached 12.8% growth year-on-year (YoY) according to the latest…
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