Footfall at UK retailers improves for first time in over a year Economics This was the first time that footfall has shown an improvement since July 2023.
The big unknown which will determine the short-term future of the economy Economics Consumption has taken a much bigger hit in the UK since the pandemic than in either the eurozone or the US.
UK retail sales ticked up in August in a summertime boost Retail UK retail sales ticked up in August, according to fresh data, after consumer confidence was boosted by good weather.
Consumer confidence unchanged in August despite worsening outlook August 23, 2024 Consumer confidence remained unchanged in August, a closely watched survey suggested, despite a deterioration in households’ expectations for the broader economy. GfK’s overall consumer confidence index remained at -13 with an improving picture on the personal finance side helping to offset worsening confidence in the economy as a whole. This meant overall consumer confidence remained [...]
Dreary summer pushes consumer spending to three-year low July 9, 2024 The Barclays report found it was also not enough to keep footie fans away from the pubs, bars and clubs, which saw "modest" year-on-year growth in June, up 0.5 per cent.
Jessops: Camera seller owned by Dragons’ Den star Peter Jones suffers another year of lacklustre sales July 2, 2024 Jessops, the camera retailer owned by Dragon's Den star Peter Jones, failed to claw its way out of the red as its sales continued to slump, despite a drive to target younger customers.
Gü sold fewer puddings after supermarkets bring in new rules on high sugar items July 2, 2024 Gü sold fewer puddings after raising its prices as UK supermarkets brought in new rules about where high fat and sugar products could be placed in stores.
Sweet success for Haribo as UK sales hit record high thanks to new products July 2, 2024 The UK arm of gummy confectionery giant Haribo, which also makes Maoam chews, has achieved record sales for the second year in a row as a string of new seasonal product launches continued to tempt consumers.
Wattbike: Brand used by Manchester United and British Army expects ‘further losses’ as sales plummet July 1, 2024 Static bike brand Wattbike said it anticipates making "further losses" as a slump in turnover resulted in a "disappointing" year for the company.
Decathlon struggles to shift sports gear as ‘cautious’ Brits curb spending June 27, 2024 The UK arm of sports gear retailer Decathlon has sunk further into the red, with the firm blaming the ongoing cost of living crisis for a fall in sales.