UK Consumers Empty Covid Saving Coffers as Funds Used to Supplement Cost-of-living Spending Dry...
Nearly half (45%) of UK consumers have been using savings accumulated during Covid-19 lockdowns to offset the cost-of-living crisis, according to new research from the Retail...
Investment in Tech Now Critical to Retail in 2024 as Inflation Continues to Fall
“Fierce" competition for cash-strapped shoppers among retailers was cited by the British Retail Consortium (BRC) in February 2024 as one of the main reasons...
Frozen Food Retailer COOK Celebrates Opening of 100th Shop
Independent frozen food pioneer, COOK, has inaugurated its 100th store in Poynton, Cheshire. This expansion comes at a time when many retailers face downturns,...
Klarna Introduces Flexible Payment Solutions to Boots.com and App in the UK and Ireland
Klarna, the AI-powered global payments network and shopping assistant, has today announced the launch of its flexible payment options on boots.com and in the Boots app...
Frasers Group Steps In to Acquire Wiggle from Administration
Frasers Group has completed the acquisition of Wiggle, a prominent online retailer known for its comprehensive selection of cycling and sports equipment. This development...
The Body Shop’s Path to Revival Amid High Street Hurdles
The Body Shop, once a pioneering force on the British high street, has encountered numerous challenges over the past decades. Founded in 1976 by...
Currys plc Announces Pay Increase and Enhanced Benefits for Colleagues
Currys plc has unveiled a new enhancement to its colleague remuneration structure. The update includes an increase in the hourly rate for all hourly-paid...
Kester Capital Sells UK’s Second Largest Pet Retailer, Jollyes, to TDR Capital
Kester Capital, a UK lower mid-market private equity firm, today announced an agreement to sell its portfolio business, Jollyes Retail Group Limited ("Jollyes"), to...
Uk and European Exports to China via Alibaba’s Platforms Grow by a Third to...
A report commissioned by Alibaba Group reveals that UK exports via Alibaba Group’s platforms increased by more than half (57%) in 2022.
Across 27 European...
UK Retail Sector Witnesses a Robust Rebound in January 2024
In January 2024, the UK retail sector witnessed a notable recovery, as sales volumes increased by 3.4% following a historic decline of 3.3% in...