Savers sees profit jump after cutting hundreds of jobs RETAIL Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.
Election 2024: Business rates the immediate focus for retail as sector responds Labour landslide Election In the run up to the election, they were cautious over the next government's approach to business rates, as Labour were tight-lipped on any possible tax rises.
Shop price inflation drops to lowest level since October 2021 as retailers slash prices on TVs Economics Retailers slashing prices on TVs to capitalise on the Euros helped push shop price inflation to its lowest level since October 2021.
New laws don’t stop crime April 12, 2024 Politicians love creating specific new offences to look like they’re tackling a problem, but all it does is make the statute book more complicated without addressing the root of the problem, says Eliot Wilson Retail employees should be safe in their place of work, under the protection of the law. That goes without saying, and [...]
Attacks on retail shop workers to become separate criminal offence April 10, 2024 Assaulting a shop worker will become a separate criminal offence in England and Wales following a recent wave in retail crime.
Early Easter boosts retail as Brits splash out on food and homeware before summer April 9, 2024 Retail leaders also issued warnings about impending costs such as the rise in minimum wage and business rate hikes, urging the government and Labour to take more action ahead of the General Election.
Wettest February on record leads to poor month for retail March 5, 2024 New figures from the British Retail Consortium (BRC) showed that retail sales increased 1.1 per cent in the year to February, down from 5.2 per cent last year and below the three-month average of 1.4 per cent.
More misery for retail as footfall slips to lowest level since pandemic on wet weather and strikes March 1, 2024 Unpredictable British weather has yet again been blamed for hurting trade on UK high streets. According to a report by the British Retail Consortium (BRC), footfall recorded in February slumped to the lowest since the pandemic, falling 9.3 per cent against a 2.3 per cent decline the prior month. Some 23mm of rain fell across [...]
Merry Clickmas: UK shoppers splashed £24bn online over festive season January 8, 2024 Christmas shoppers in the UK filled their carts with more than £24bn in online spending over the festive season, fresh data has revealed.
Shop price inflation stays steady but obstacles to come in 2024 January 2, 2024 Shop price annual inflation stayed flat at 4.3 per cent in December, remaining at the lowest level growth seen since June 2022.