Tag Archives: retail

Consumer spending up 2.2% in February – but storms hamper retail sector

Consumer spending grew 2.2% year-on-year in February, propped up by digital subscriptions and takeaways, as Brits stayed home to avoid bad weather, according to Barclaycard. Data from the payments business reveals that spending on essential items rose by 1.6%. This increase was bolstered by supermarket and fuel expenditure, which grew …

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Fall in retail employment “likely to endure” says BRC boss

According to the British Retail Consortium (BRC), the second quarter (Q2) represented the fourteenth consecutive quarter of year-on-year decline in the retail workforce. Year-on-year, the total number of employees fell by 2.3% in Q2, with full-time employment seeing a higher reduction (3.0%) compared with a decrease in part-time employees (2.0%). …

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Retail sector calls on government to act on violence and abuse

A group of businesses and trade bodies representing the retail sector have written to the Home Secretary and other government ministers, calling for more to be done to tackle widespread violence and abuse against shopworkers. The letter, signed by retailers and groups including the Association of Convenience Stores (ACS), British …

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Springboard: ‘challenging’ Christmas & New Year trading for bricks-and-mortar stores

Retail footfall dropped ‘significantly’ on New Year’s Eve across the UK, declining by -10.5% over the 24 hours and by -7.2% between 7pm and midnight, according to the latest data from Springboard. The retail expert said this performance followed drops in footfall on Boxing Day (-4.5%) and from December 27 …

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August boost for homeware as high street sales hit two-year high

August was the UK high street’s best month for sales since September 2015, figures released last week by accountancy and business advisory firm BDO reveal. Overall like-for-like sales increased by 2% last month, making it the best August since 2013. BDO’s data shows that a marked rise in ‘staycations’ by …

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