Category : Search result: retail sales slump


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.

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.

Starbucks cuts product line amid sales decline

Starbucks has removed a full product line from select UK stores as the coffee giant faces a slump in sales. Find out which items are affected and what this means for customers.

Tesla execs exit amid sales decline

Tesla faces leadership shake-up as senior executives depart following disappointing sales figures, raising questions about the company's future direction.

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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