Retail Sales – June 2014

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Official figures from the ONS showed retail sale s remained robust in June, but the UK’s appetite for spending seems to be cooling. In June 2014, the amount spent in the retail industry increased by 3.5% compared with June 2013 and by 0.8% compared with May 2014. Non-seasonally  Read more »

Online Retailing 2014

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Internet users grew to 82% of the UK adult population in the final quarter of 2013, equivalent to 41.5 million users, according to the Retail Economics Online Retailing 2013 Report*.  In addition, the number of mobile internet users increased to 19.7 million, or 39% of adults, from 35% in the first Read more »

Retail Inflation – June 2014

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Shop price deflation fell to 1.8% in June from 1.4% in May, fourteen consecutive months of deflation according to the BRC-Nielsen Shop Price Index. The overall fall was driven by non-food inflation which fell to 3.4% while food inflation fell to 0.6% from 0.7% in the previous Read more »

The Portas Review – the 28 recommendations

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1. Put in place a “Town Team”: a visionary, strategic and strong operational management team for high streets
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Which is the best measure of retail sales?

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Retail sales act as a vital bell weather to measure the economic vitality of our economy and so their measurement is of great importance. It would be easy to assume that collecting data on retail sales is uncomplicated but it is not an easy industry to distil in statistical terms.  There Read more »

Blacks Leisure seek emergency deal

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Conditions on the high street continue to deteriorate as the outdoor retailer Blacks Leisure announced that it was seeking an emergency rescue deal.  It puts at risk around 300 stores Read more »

Over 23,000 jobs lost in retail

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Retail employment fell by over 23,000 in the third quarter of 2011 compared with the same period a year according to the latest figures from the BRC-Bond Pearce Retail Employment Read more »

Amazon profits plunge by 73% due to investment

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Amazon has announced that third quarter net income was $63mn for the three months to September 30, down from $231mn a year Read more »

Record squeeze on household disposable income

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Households are £15 a week worse off in September 2011 compared with the same month last year according to the latest Asda income Read more »

Rates rise to cost the retail sector £350 million

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Retail businesses will be expected to front-up an estimated £350 million in business rates next April after September’s RPI reached a Read more »