
Official retail sales figures for the UK in April were released on Friday and they showed volumes ticking upwards again after they’d fallen during March.
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Official retail sales figures for the UK in April were released on Friday and they showed volumes ticking upwards again after they’d fallen during March.
The John Lewis Partnership (JLP) has a new Executive Director for People. Lisa Cherry will join the retail giant in early September. She replaces Nikki Humphrey who is to rejoin the Virgin Group.
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
UK footfall’s post-pandemic recovery took a hit last week as concerns over rising prices and worries over an impending recession deepened. There were negative numbers (almost) everywhere for the 8-14 May period.
UK Retail sales volumes fell by 1.4% in March 2022 following a fall of 0.5% in February, the Office for National Statistics said on Friday. That said, sales volumes were 2.2% above their pre-Covid February 2020 levels.
Sterling fell on Friday to its lowest level since late 2020 against the dollar after dismal retail sales and consumer confidence data indicated dangers ahead for Britain's economic growth.
Booming online shopping, with the addition of Covid and Brexit, means demand for UK warehousing and transport systems has increased by 88% over the past decade and is 21% higher than in 2019, a new report claims.
The UK’s economy grew 0.1% in February, official figures showed on Monday, and while that growth had slowed from January’s +0.8%, there was a crumb of good news for retail as it seems that tourists are returning.
Britain’s optimism has taken a severe beating as the reality of rising costs hit home. Consumer confidence in March plummeted almost 30 points to -20, the quickest rate of decline since 2008's global financial crisis.
If you thought click & collect couldn't get any more innovative, think again. Parcel delivery firm DPD has partnered with retail tech company HubBox claiming to do just that.