Category : Search result: retail sector challenges


Retail tax hikes fuel shop price inflation surge

British retailers are implementing significant price increases as business rate rises and other taxes force them to pass costs to consumers, creating fresh inflationary pressure across the UK high street.

Private sector jobs surge past pre-pandemic peak

Exclusive analysis of ONS figures shows a dramatic jobs market reversal, with private sector employment hitting a record high as the public sector workforce contracts for the ninth consecutive quarter.

Warm Weather Boosts UK Retail Sales by 1.2% in September

Great Britain's retail sector enjoyed a significant boost in September as unseasonably warm weather drove consumers to purchase summer clothing, with sales volumes rising 1.2% according to the Office for National Statistics.

UK's Best & Worst High Streets Revealed

Exclusive research by the Mirror names Westminster as Britain's top shopping destination, while Blackburn faces a stark struggle. Discover the full ranking and what it means for your local high street.

Kmart's Global Takeover: The Aussie Retail Giant's Next Move

The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.

M&S Profits Surge 58% in Spectacular Turnaround

Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.

Reeves Declares War on 'Antiquated' UK Planning System

New Chancellor Rachel Reeves unveils a radical overhaul of England's planning system, vowing to fast-track 1.5 million new homes and critical infrastructure to kickstart economic growth, despite warnings from retail leaders.

Claire's to close UK stores in restructuring move

Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.

CEX staff slammed for 'offensive' retail worker display

Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.

Target warehouse staff demand pay rise in walk-out protest

Exclusive: Warehouse operatives at a major Target distribution hub are demanding higher pay, staging a unique 'walk to the entrance' protest. The action highlights the growing tension between big-box retailers and their logistics workforce amidst the cost

Hobbycraft to Close Six UK Stores in Major Shake-Up

Arts and crafts retailer Hobbycraft is set to close six stores across the UK in a major restructuring plan, putting dozens of jobs at risk. Get the full details on the locations and the company's strategy.

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