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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Jan- 2018 -19 January
Carpetright shares crash 41.9% amid profit warning
Specialist carpet retailer Carpetright has issued another profit warning prompting shares to fall by 41.9%, at the time of writing.…
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18 January
Retail has least business failures, figures show
The retail industry has the lowest number of business failures among all sectors in the UK, new data has revealed.…
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17 January
Inflation drops for the first time in 6 months
The inflation rate saw a slight dip in December, falling to 3%, according to figures released by the Office of…
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16 January
Euromonitor: 2018 consumer spending boom expected
Consumer expenditure is expected to grow at its strongest rate since 2011 this year, according to a new report released…
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15 January
Kering offloads 70% stake in Puma
Luxury goods group Kering has announced plans to sell a 70% stake in sportswear brand Puma amongst its shareholders. Post…
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15 January
High street sees sharpest footfall decline in four years
New figures from the British Retail Consortium (BRC) and Springboard show footfall in the month of December suffered its sharpest…
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12 January
B&M reports sales increase of 22%
Discount retailer B&M has reported an increase in total sales of 22.7% on a constant currency basis, which were boosted…
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11 January
Train station Christmas shopping brings 9% sales growth
Figures released by Network Rail show total train station retail sales for the festive period grew by 9% this year.…
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10 January
‘Serious concerns’ over CFD retail investment tool
The Financial Conduct Authority (FCA) has said it has ‘serious concerns’ over the way CFDs (contracts for difference) are sold…
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9 January
Retail administrations increase in five-year-first
The number of retailers entering administration increased from 92 in 2016 to 118 in 2017, an increase of 28 percent,…
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