Shop closures up nearly 50% last year
Across the UK, more than 17,000 shops closed in 2022 -- the highest number for five years. The Centre for Retail Research (CRR) reports that a total of 17,145 stores…
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Shoppers putting less in their baskets as food prices rise
People are cutting back on their food shopping as the rising cost of living hits household budgets. Nearly half of adults (43%) surveyed by the Office for National Statistics (ONS)…
High street boosted by Jubilee crowds
Shops across the UK saw an increase in customer numbers over the Platinum Jubilee weekend. Footfall increased by 6.9% compared with the average for May 2022, according to BRC-Sensormatic IQ…
Retail sales slow as consumers rein in spending
Shop sales have slowed down as household budgets come under pressure from the rising cost of living, new figures show. Retail sales last month were up 3.1% compared to March…
Leisurewear demand boosts sales at Primark
Primark saw strong sales of "comfort wear" this summer, but lower than expected sales overall. The discount chain's owner, Associated British Foods plc (ABF), said that sales in late June…
M&S set to close up to 30 stores
Marks & Spencer has reported a loss of £201m in the 52 weeks to 27 March 2021, down from a profit of £67m in the previous year. The results reflect…
Footfall rockets as shops reopen
Shoppers have flocked back to high streets in England and Wales as shopsreopened after three months of full lockdown. As of Monday, non-essential shops, hairdressers, salons, pubs,restaurants, outdoor attractions and…
Older shoppers returning to the supermarket
Households across the UK made 13 million more supermarket trips in March compared with the previous month, and there are signs of growing confidence among older shoppers in particular. New…
Lockdowns wipe out £2bn of sales at Primark
Covid-19 lockdowns have cost Primark £2bn in lost sales, according to its parent company, Associated British Foods. The discount fashion retailer does not sell products online, which meant that it…
Supermarkets struggle amid CO2 shortage
A shortage of carbon dioxide is causing problems in the food retail sector, according to BBC News. The gas is used to carbonate drinks and is also deployed to stun…
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