Tuesday, August 9, 2022

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The Works slashes outlook over fears Christmas sales will be hit by cost-of-living crisis

The Works slashes outlook over fears cost of living will hit Christmas sales

The Works fears the cost of living will have an impact customer shopping habits this Christmas as it slashes its outlook.
New Poundstretcher CEO highlights how vital discount stores are in cost-of-living crisis

Poundstretcher new CEO to boost value and supply as it eyes cost-of-living growth

Derek Lawlor, the new chief executive of Poundstretcher says he wants to help the business play an even bigger part in helping struggling families through the cost of living crisis.
Ecommerce

Consumers still leaning towards online shopping, despite cost of living crisis

The ongoing cost of living crisis is not deterring consumers from shopping online, according to a new report from Opinium and Digital River. The research...
Henri Solere works for B&Q owner Kingfisher

Kingfisher’s Henri Solere: The cost-of-living crisis is a moment for own brands to shine...

Own brand is becoming increasingly important amid the cost-of-living crisis. Price may be the reason shift, but own brand can offer much more than just cheaper products, writes Kingfisher chief offer and sourcing officer Henri Solere.
Primark

Primark pledges to freeze prices on kidswear as cost-of-living affects families

Primark has pledged to protect the prices on more than a thousand of its essential kids’ products to support families amid the cost-of-living crisis.
BRC

Transitional relief to cost retailers £1bn as Frasers boss calls for drastic action

The government's 'failure' to fix the current transitional relief for business rates will cost retailers £1 billion, as Frasers Group boss Michael Murray calls for drastic action.

Sainsbury’s, Asda, Morrisons back plans to help Brits with cost of living

Sainsbury’s, Asda, Morrisons and Amazon are among retailers backing the government’s efforts to support households facing the cost-of-living crisis.
Joules

Joules raises full-year profit outlook as it cuts costs

Joules expects to be ahead of market expectations as it "makes good progress" on plans to improve profitability.
Currys

Currys launches ‘inflation busters’ scheme to help Brits tackle rising costs

// Currys launches new offers to tackle inflation // The retailer has launched a new 12-Month Pay Delay Currys has introduced a series of deals to...
UK economy rebounds in May despite cost-of-living crisis

UK economy rebounds in May despite cost-of-living crisis

// The UK economy rebounded in May after shrinking in April and March, figures from the Office for National Statistics show // GDP grew by 0.5%...

Feature Resource

Key insights into online consumer shopping behaviour

Planning is key to success! With the busy season fast approaching it's no doubt that online retailers fear they may struggle to compete for...