The UK’s retail sales witnessed an unexpected rise in September despite analysts’ predictions of a downturn, driven by a boost in technology sales.Official data revealed a…
Browsing: consumer confidence
The Wiltshire-based retail group faces significant financial challenges, accumulating losses over a decade.The company, which owns brands like Cotswold Outdoor, Runners Need, and Snow and Rock,…
Food sales growth experienced a slowdown in September, significantly influenced by unfavorable weather conditions.According to the BRC-KPMG retail sales monitor, food sales, although up 3.1% year-on-year,…
Dr Martens has announced a major restructuring, impacting 150 roles at its UK and US head offices.The cost-saving initiative aims to reduce expenses by £20-25m following…
As the UK grapples with falling inflation, consumers are becoming increasingly cautious about spending. Sainsbury’s CEO Simon Roberts emphasizes the need for government action to restore…
Sainsbury’s CEO Simon Roberts has raised alarms over the potential dampening effect of tax uncertainty on consumer spending as the UK approaches a budget announcement.Rachel Reeves,…
The announcement of potential tax hikes has sowed uncertainty among consumers, impacting spending habits.Sainsbury’s CEO has highlighted increased caution among shoppers in light of potential fiscal…
The recent discourse from Sainsbury’s CEO highlights consumer reluctance amid the cost-of-living crisis, calling for budgetary reforms to boost spending.Despite falling inflation, consumers remain cautious, particularly…
As the Autumn Budget approaches, consumer confidence declines, raising concerns for retailers and the broader economy.Consumer expectations for personal financial situations have worsened, dropping significantly in…
Consumer confidence in the UK has significantly declined according to recent data, raising concerns about the country’s economic direction.The GfK consumer confidence index dropped by seven…