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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Sep- 2018 -12 September
More than 75% of retail payments now made by card
Retail purchases made by card accounted for 76% of all retail sales made in 2017, according to the latest annual…
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11 September
Amazon Prime users set to more than double in the next decade
Analysts predict the number of Amazon Prime subscribers will more than double in the next decade rising from 101 million…
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7 September
August high street sales one of ‘worst on record’ as shoppers steer clear
August high street sales have been described as “one of the worst on record” by accountancy and business advisory firm…
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6 September
Retailers get more sales with early Black Friday campaigns
Consumers who receive promotional messages in September are three times more likely to make purchases during Black Friday and Cyber…
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6 September
Amazon will account for 5% of global retail, say analysts
Analysts have said they expect Amazon to account for 5% of the global retail market in the near future. The…
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5 September
Electric bikes speed up Halfords sales
Halfords has announced that increased demand for electric bikes has helped the company to achieve a like-for-like sales increase of…
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4 September
Footfall ‘better than expected’ in August
Footfall fell by 4.1% in August compared with the same month last year, according to the Ipsos retail footfall tracker.…
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4 September
M&Co reports rocketing online sales
M&Co has reported a rapid rise in its online sales of 18.3% in the year to February which contributed to…
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3 September
Footasylum shares drop by 50% as company warns of losses
Footasylum has this morning issued a profit warning that said it expects to report lower than expected revenue and a…
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Aug- 2018 -31 August
Homebase ‘very likely’ to enter administration if CVA isn’t passed
The future of Homebase is to be decided today as creditors vote on a CVA which would see the closure…
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