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.
The deal was officially announced by both companies on a Monday, signifying the start of a new chapter for Missguided.
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.
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.
Grocery price inflation has fallen to its lowest level for more than a year, causing major supermarkets to slash prices.
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.
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.
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.
Discover the most innovative and impactful vaping collaborations of 2023 in this comprehensive exploration of strategic partnerships within the vaping industry.
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.
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.
Recent findings expose a trend among UK retail marketers, who risk customer dissatisfaction and dwindling revenues by allocating marketing spend to low-stock items.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The report reveals that 66 per cent of UK websites are vulnerable to basic bot assaults, posing serious risks to British businesses
The latest data from RAC indicates a sharp increase in the average price for a litre of unleaded petrol, reaching £1.45, while diesel prices remain steady at £1.46.
In the lingering financial crisis, the "lipstick effect" takes centre stage as consumers turn to small indulgences for comfort, leading to a 1,006 per cent increase in demand.
A recent study reveals that retailers are grappling with a surge in customer churn due to rising living expenses, leading to diminished customer loyalty.
The UK retail industry has been battling with the closure of 6,000 retailers over the past five years due to burdensome business rates and the COVID-19 pandemic.
Financial institutions in the UK want to assist clients better, with over 80 per cent of bank executives committed to providing data-driven financial management support.
A recent study reveals a decline in product innovations among major brand manufacturers in Europe's six largest markets amidst falling sales in Fast-Moving Consumer Goods.
A new study reveals that despite a challenging economic environment, Gen Z and Millennial customers prioritise retailers' reputations when making purchasing decisions.