In The Media

Retail Economics is frequently quoted in the media, commentating on the latest developments within the UK retail space. To arrange an interview or request a comment, please click here to send us a message, or call us on 020 3633 3698.

Please find below a selection of our recent mentions in the media:

In The Media

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    BBC Sky News Bloomberg CNBC The Economist Retail Week Financial Times

02 June 2016

Radio Interview: BHS collapse a devastating blow to the high street

Richard Lim, Chief Executive, Retail Economics said: "The collapse of BHS is a devastating blow to the UK high street and all the employees involved. "This once iconic British retailer suffered from paralysis when it came to innovation and it failed to stem the loss of market share to other more agile multi-channel competitors. The business model was simply no longer fit for purpose and its product range failed to resonate with its core customer base. "Following the collapse of Austin Reed, these recent events focus the mind on how many other traditional UK retailers are sleep-walking into administration.”

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02 June 2016

BHS to close with loss of 11,000 jobs as liquidators called in after rescue bids fail

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02 June 2016

Sir Philip Green 'saddened' as BHS disappears from high street

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02 June 2016

BHS collapse deals devastating blow to the high street

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02 June 2016

Radio Interview: BHS collapse a devastating blow to the high street

Richard Lim, Chief Executive, Retail Economics said: "The collapse of BHS is a devastating blow to the UK high street and all the employees involved. "This once iconic British retailer suffered from paralysis when it came to innovation and it failed to stem the loss of market share to other more agile multi-channel competitors. The business model was simply no longer fit for purpose and its product range failed to resonate with its core customer base. "Following the collapse of Austin Reed, these recent events focus the mind on how many other traditional UK retailers are sleep-walking into administration."

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11 May 2016

Fashion retailers suffer as mood changes on high street

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10 May 2016

Chief Executive of Retail Economics on Sky News discussing BRC's retail sales figures for April 2016

Richard Lim, Chief Executive, Retail Economics said: “These latest figures from the BRC confirm that the retail industry is struggling to show any signs of growth. “Faced with growing uncertainty around Brexit, a slowing labour market and increasingly fragile confidence, shoppers have cut back on discretionary spending with clothing retailers facing unnerving declines. Underlying this poorer economic backdrop, retailers are also swimming against a tide of changing consumer behaviour. The shift from spending on goods to experiences is accelerating. In an age of abundance, households are looking to use more of their disposable income on eating out, holidays, leisure pursuits and digital services such as Netflix and Spotify. “With the consumer sector the driving force behind the economic recovery so far, it is difficult to see what can compensate should a more widespread slowdown materialise.”

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09 May 2016

'Sugar rush' begins to wear off for consumers

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04 May 2016

Next is expecting sales to get worse after first-quarter revenue missed estimates

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04 May 2016

Do Next's results mean consumers are spending less on clothes?

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04 May 2016

Next Cuts Sales Outlook Again as Spending Outlook Worsens

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04 May 2016

Next issues profit warning as cold weather bites

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04 May 2016

More Trouble in Store at UK Retailers as Shopper Spending Ebbs

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04 May 2016

Trouble in store amid UK retail slowdown

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25 April 2016

BHS collapse sparks pensions probe

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