Browsing: economic pressures

Retailers across the UK are taking a stand against Black Friday.Sean Garnham of Hall Street Ladieswear rejects discount culture.A significant…

The Very Group has experienced a significant increase in pre-tax losses.Operating profit decreased by 35% compared to last year.Total group…

Pets at Home is under scrutiny as potential cost-saving measures are considered.CEO Lyssa McGowan discusses the challenges of upcoming tax…

In November, shop price deflation was recorded at 0.6%, a slight decrease from 0.8% in the previous month.The BRC-NielsenIQ Shop…

Kohl’s has declared a significant change in its leadership, with CEO Tom Kingsbury stepping down next year. He will be…

The Bank of England’s decision to lower interest rates to 4.75% comes at a time when inflationary pressures are declining.…

Dune has reported a notable financial downturn over the latest fiscal year.The company’s operating loss reached £3.9 million, contrasting an…

The alcohol industry is facing a significant downturn in sales as consumers adjust their spending habits post-pandemic. Major brands are…

Shoplifting in the UK is reaching unprecedented levels, raising serious concerns nationwide. In particular, the year 2023 has seen a…

New Look has successfully reduced its pre-tax losses, reflecting strategic adaptation amidst challenging market conditions.Sales fell by nearly 9% to…