The cost of living crisis has caused consumers to be more wary of buying non-essentials this Black Friday due to inflation after the pandemic.
Jastine Beatrice Yap
Nov 27, 2023
Chancellor Jeremy Hunt disclosed the UK government's intention to explore options for divesting its remaining 38.6 per cent stake in NatWest Group.
Pragati Singh
Nov 23, 2023
Due to the dramatic increase in prices across the UK, retail sale volumes are the lowest that they have ever been since 2021.
Danielle Summer
Nov 21, 2023
According to the charity, Retail Trust, one-third of retail workers said that they are victims of customer abuse on a weekly basis.
Danielle Summer
Nov 16, 2023
Approximately one-third of the Churchill Square centre currently sits vacant, presenting an opportunity for Ikea to establish a new store, set to open within the next two years.
Pragati Singh
Nov 13, 2023
This optimistic forecast comes from George Weston, the CEO of Associated British Foods (ABF), a conglomerate that oversees brands like Kingsmill Bread, Twinings Tea and Silver Spoon Sugar, along with the Primark budget clothing chain.
Pragati Singh
Nov 09, 2023
M&S has also declared its intention to distribute nearly £20 million to its shareholders in January, marking its first dividend payment since 2019.
Pragati Singh
Nov 09, 2023
This noteworthy reduction in grocery price inflation comes after a prolonged period of 16 months where double-digit growth had become the norm.
Pragati Singh
Nov 08, 2023
UK retail sales growth declined in October as UK consumers are cautious of spending and saving for Christmas amidst the cost-of-living crisis which has sparked a recession for the UK economy.
Pratiti Nath
Nov 08, 2023
The deal was officially announced by both companies on a Monday, signifying the start of a new chapter for Missguided.
Pragati Singh
Oct 31, 2023
The latest sales-monitor report from the British Retail Consortium has revealed a slowdown in retail sales growth in the UK for September. Despite a fall in inflation, the high cost of living continues to place pressure on households' budgets.
Pragati Singh
Oct 11, 2023
Tesco, the UK's largest supermarket chain, revealed a substantial decline in food inflation over the past six months. The grocery giant is taking bold steps to address the concerns of its customers by slashing prices on 2,500 products, with an average reduction of 12 per cent.
Pragati Singh
Oct 04, 2023
Grocery price inflation has fallen to its lowest level for more than a year, causing major supermarkets to slash prices.
Callum Conway-Shaw
Sep 14, 2023
More than half of the traders in the transport, hospitality and entertainment sectors indulge in drip pricing and fake reviews, which the UK government is trying to eradicate to lower the cost-of-living crisis.
Pratiti Nath
Sep 07, 2023
Asian countries like India are resorting to high export duties on grain exports to contain global food inflation while the UK is reducing dependency on Ukraine.
Pratiti Nath
Aug 30, 2023
Amidst the government's ambitious push for a £1.8 billion annual DRS, retailers clash over its soaring costs, while Tesco electrifies its delivery fleet, making strides toward sustainability and cleaner air.
Adewunmi Adedayo
Aug 23, 2023
Discover the most innovative and impactful vaping collaborations of 2023 in this comprehensive exploration of strategic partnerships within the vaping industry.
Aug 21, 2023
New data from Retail Insight reveals a mounting crisis as shoppers report an increase in out-of-stock products, fueled by factors like COVID-19 aftermath, geopolitical tensions and climate concerns.
Adewunmi Adedayo
Aug 21, 2023
With a majority of retail stores going digital, businesses are faced with a large volume of data – and data analytics is providing evidence for SMEs to make educated decisions.
Adewunmi Adedayo
Aug 21, 2023
Recent findings expose a trend among UK retail marketers, who risk customer dissatisfaction and dwindling revenues by allocating marketing spend to low-stock items.
Adewunmi Adedayo
Aug 18, 2023
A rising trend has emerged from a recent study, revealing that consumers are increasingly turning to gift cards and vouchers as a creative response to economic challenges.
Adewunmi Adedayo
Aug 17, 2023
Retailers are embracing a tech-driven revolution as 60 per cent of them prepare to harness the potential of AI and new technologies for an enhanced shopping journey, both online and in-store, in the coming year.
Adewunmi Adedayo
Aug 17, 2023
Economic shifts have altered consumer behaviour, leading to a decline in brand loyalty among Londoners, with 60 per cent feeling less attached to brands than two years ago, as per new research.
Adewunmi Adedayo
Aug 11, 2023
New data reveals a noteworthy drop in UK parcel volumes, marking the first decrease in over a decade. However, the global parcel shipping index saw a modest growth of one per cent due to Chinese lockdowns.
Adewunmi Adedayo
Aug 11, 2023
A recent report anticipates a significant surge in spending, projected to reach £145 million, as the FIFA Women's World Cup 2023 Quarter Finals kick off on August 11th.
Adewunmi Adedayo
Aug 10, 2023
Grocery shoppers are feeling the pinch as "shrinkflation" continues to shrink product sizes while costs stay the same or increase, while the added woe of "drinkflation" impacts alcohol purchases.
Adewunmi Adedayo
Aug 10, 2023
Mid-year data from Adobe Analytics shows a decline in online prices for non-essential items after Amazon Prime Day, with the online pricing of items across all categories declining by 3.2 per cent year-over-year.
Adewunmi Adedayo
Aug 09, 2023
The Chief Economist of the Bank of England, Huw Pill, has cautioned that food costs in the UK might not see a significant decline due to the aftermath of the Russia-Ukraine war.
Adewunmi Adedayo
Aug 09, 2023
July's inclement weather caused a dip in UK retail sales, with indicators pointing to its substantial influence. However, analysts are optimistic about a potential resurgence in the second half of the year.
Adewunmi Adedayo
Aug 08, 2023
The retail sector has claimed a dominant position in UK business administrations, constituting a significant 16 per cent of all filings in H1 2023, as highlighted by a recent analysis.
Adewunmi Adedayo
Aug 08, 2023