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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Apr- 2018 -26 April
Number of retail jobs falls in first quarter
The number of full time jobs in UK retail has fallen by 2.5% compared with the same time last year,…
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25 April
Increase in retailers using secondary revenue to boost profits
More retailers are making use of secondary revenue to increase sales outside of core offerings, online marketing company Webloyalty’s ‘Beyond…
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16 April
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017…
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6 April
UK retail sees second worst month on record for in-store sales
Like-for-like (LFL) in-store sales were down by 10.1% in the month of March, making it the second worst figures on…
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3 April
21,000 retail jobs lost or threatened so far this year
Over 21,000 jobs have been axed or put at risk in the first three months of the year as retailers…
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Mar- 2018 -29 March
A quarter of SME retailers expect to see Easter sales increase
A quarter of SME retailers expect to see an increase in sales activity over the Easter bank holiday weekend, according…
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26 March
No-deal Brexit ‘could add £7.8bn’ to retail costs
New research launched from Retail Economics and Squire Patton Boggs shows that £7.8bn could be added to the cost of…
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23 March
Retail sales see first increase in two months
Retail sales increased by 0.8% in February this year compared with the previous month, with increases seen across all main…
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21 March
UK consumer price inflation falls in February
The consumer price inflation (CPI) rate fell from 2.7% in January to 2.5% in February 2018, according to the Office…
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14 March
Morrisons reports third consecutive year of profit growth
Supermarket giant Morrisons has revealed profit growth of 16.9% to £380m, in a third consecutive year of positive financial growth.…
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