High Street Sales Plummeted Last Month Despite Heavy Discounting
BDO’s latest High Street Sales Tracker shows that total retail sales in discretionary spend categories fell by 5.3% in November, marking the worst performance...
WH Smith Planning To Ramp-Up Food Offer Next Year
WH Smith has revealed that it is planning a major expansion of its food offer in 2025 following the success of its first own-label...
Major Retailers Circling Homebase Stores
Marks & Spencer and the owner of B&Q have reportedly expressed an interest in taking over dozens of Homebase stores after the DIY chain...
Consumer Confidence Remains Weak Ahead Of Christmas
New data from the British Retail Consortium (BRC) and Opinium suggests that consumer confidence is subdued as the key festive shopping season approaches, with...
Weak Half For Pets At Home; Lowers Profit Guidance In ‘Subdued’...
Pets at Home saw its revenues increase just 1.9% to £789.1m in the first half of its financial year, driven mainly by its Vet...
Two-Fifths Of Frontline Staff Believe Retail Stores Won’t Exist By 2029
New data reveals growing concerns among store workers that the physical store will be entirely subsumed by e-commerce in the coming years.
Read the full...
Industry Data Suggests Long Run Of Easing Shop Inflation Could Be...
A prolonged run of falling shop inflation has come to an end, with warnings that higher costs for retailers will lead to rising prices...
Court Approves Sale Of Homebase Stores In Ireland To The Range
The High Court in Ireland has approved the sale of certain Homebase assets in Ireland to The Range, which 12 days ago snapped up...
Data From Asda Suggests Consumer’s Spending Power Has Been ‘Dampened’ Ahead...
Latest figures from Asda’s Income Tracker suggest that rising inflation may subdue household spending this Christmas.
The tracker, which measures household disposable income, fell for...
Owner Of B&Q Sees Hit From Budget
In a third-quarter trading update, home improvement retail group Kingfisher highlighted that uncertainty around the government’s Budget had hit consumer spending, with the business...
