Category : Search result: retail sales decline


UK Retail Sales Crash Amid Soaring Inflation

New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.

Claire's Avoids Collapse in Last-Ditch Buyout Deal

The iconic accessories chain Claire's has been saved from administration after a dramatic restructuring deal with new owners. Discover which UK stores will close and what this means for the future of the brand.

Target appoints Michael Fiddelke as new CEO

US retail giant Target names company veteran Michael Fiddelke as its new Chief Executive to navigate a challenging period of falling sales and shifting consumer habits.

UK Retail Sales Drop Sharply Amid Inflation Fears

Retail sales in the UK saw a sharp decline in October as consumers tightened their belts due to rising inflation and economic uncertainty, according to the British Retail Consortium.

US home improvement giant faces uncertain future

A beloved US home improvement retailer is struggling to survive amid shifting consumer trends and fierce competition. Discover the reasons behind its decline and what it means for shoppers.

High Street Footfall Declines Again

UK high streets see another drop in shopper numbers as anticipated summer boost fails to materialise, raising concerns for retailers.

Why Muscle Cars Are Beating EVs in US Sales

Despite the push for electric vehicles, American drivers are clinging to their petrol-powered muscle cars, with sales soaring as EVs struggle to win over consumers.

Summer heat and events lift UK retail sales

Warm weather and a packed events calendar have driven a significant rise in UK retail sales, with consumers splurging on summer essentials and entertainment.

Sunny June boosts UK high street sales

June's sunny weather has revitalised UK high streets, with consumers spending big on drinks and dining out, giving the economy a much-needed lift.

Burberry sales surge as festivals boost demand

Burberry's latest sales surge, driven by festivalgoers and summer events, marks its strongest performance in a year and a half. Discover how luxury fashion is thriving post-pandemic.

UK heatwave drives retail sales surge

Soaring temperatures in June drove UK consumers to spend heavily on cooling products, lifting retail sales figures despite broader economic pressures.

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