One in five retail workers plan to quit the retail industry
A survey from industry charity The Retail Trust reveals that one in five British retail workers are planning to quit the sector.
World on ‘brink of food crisis’ after Ukraine invasion, IMF warns
The Ukraine invasion and the supply chain disruption has led the world economy to the brink of a food crisis.
Retailers now pay 755% more in business rates than online rivals
Traditional high street retailers are paying 755% more in business rates than their digital competitors, according to new analysis.
Consumer confidence drops to lowest level since 1974
New research has found that consumer confidence has reached an all-time low since records began in 1974.
Retail sales slip due to ‘crushed consumer confidence’
Retail sales have been affected by the rise in cost-of-living, which has “crushed consumer confidence”.
Footfall now less than 10% off pre-Covid levels
UK footfall was less than 10% below 2019's pre-Covid levels for the first time since the start of pandemic last week, according to analysts Springboard.
Retail footfall boosted over the May bank holiday weekend
Footfall rose last week across UK retail destinations by 3.1% from Sunday 24 April to Saturday 30 April, Springboard data found.
Applications to turn shops into houses soar but councils block almost half
Developers are increasingly attempting to transform high street shops into housing, new data has found.
Grocery prices at highest since December 2011
Grocery prices have seen the biggest increase since December 2011, according to new research.
Retail footfall continues recovery but still not at pre-pandemic levels
Footfall remained fairly buoyant in the week up to April 24 and was down only 12.8% compared to 2019 in the non-food sector.