Tag Archives: retail

According to international law firm, RPC, the number of mergers and acquisitions (M&A) deals in the UK targeting retailers has risen by 30% since before the pandemic. In 2022, 34 retail M&A deals were announced compared to 26 in 2019. Of the 34 deals in 2022, just eight were takeovers …

Inflation and early season promotions have had many people wondering what shape this holiday shopping season will take.  But there’s ample time for savvy home and housewares sellers to capitalize on holiday spending. Consumers have more shopping options with fewer COVID-related concerns this year, which could mitigate the influence of …

In positive news for the retail sector, store closures for chains and multiples slowed versus the last two years, according to a recent report from PwC. However, vacant units in town and city centres are no longer being replaced by other chains, as the shift to retail parks continues in …

Consumer spending grew 2.2% year-on-year in February, propped up by digital subscriptions and takeaways, as Brits stayed home to avoid bad weather, according to Barclaycard. Data from the payments business reveals that spending on essential items rose by 1.6%. This increase was bolstered by supermarket and fuel expenditure, which grew …

According to the British Retail Consortium (BRC), the second quarter (Q2) represented the fourteenth consecutive quarter of year-on-year decline in the retail workforce. Year-on-year, the total number of employees fell by 2.3% in Q2, with full-time employment seeing a higher reduction (3.0%) compared with a decrease in part-time employees (2.0%). …

A group of businesses and trade bodies representing the retail sector have written to the Home Secretary and other government ministers, calling for more to be done to tackle widespread violence and abuse against shopworkers. The letter, signed by retailers and groups including the Association of Convenience Stores (ACS), British …

Retail footfall dropped ‘significantly’ on New Year’s Eve across the UK, declining by -10.5% over the 24 hours and by -7.2% between 7pm and midnight, according to the latest data from Springboard. The retail expert said this performance followed drops in footfall on Boxing Day (-4.5%) and from December 27 …

August was the UK high street’s best month for sales since September 2015, figures released last week by accountancy and business advisory firm BDO reveal. Overall like-for-like sales increased by 2% last month, making it the best August since 2013. BDO’s data shows that a marked rise in ‘staycations’ by …