Retail Sales
Drop in retail sales means 2nd QTR GDP likely to fallUK retail sales volumes slid 2.3 per cent in April – its biggest fall since January 2010 – driven by a record drop in fuel sales and a slump in clothing sales. |
Supermarket "space race" on hold despite Sainsbury's profitsSainsbury's has announced an increase in underlying profits and market share after what chief executive described as "a good year", but is to scale back expansion plans. |
Wettest April on record dampens retail salesBritain’s retail sales were hampered by dismal April weather, according to latest figures from the British Retail Consortium. |
Petrol panic buying and warm weather boosts March retail salesThe Office for National Statistics (ONS) reports that an unexpected consequence of the possible fuel tanker driver strike was a rise in fuel sales aiding retail sales in March. |
A preview of the economic week aheadThe week commencing April 16th 2012 see vital data released covering inflation, unemployment and retail sales. The minutes from the Bank of England's rate-setting meeting are also released. |
UK retail sales boosted by March sunshineRetailers were given a helping hand in March as unusually warm weather brought UK shoppers out in search of new clothes and shoes, a new report shows. |
Nationwide: Consumer confidence drops sharply in FebruaryNationwide reports that consumer confidence in the UK in February dropped sharply over concerns about jobs. |
LDC reports shop vacancies reach record highFollowing the Christmas trading period empty shop vacancy rates have risen to a record high as retailers struggle against a background of low consumer confidence. |
Retail sales dive in Feb and revised down from January highThe Office for National Statistics said retail sales fell by 0.8 per cent in volume from January to February and also revised down January's growth from 0.9% to 0.3%. |
It's not just about the budget next week: Inflation previewNext week will be dominated by the budget speech but there are other important economic indicators out including inflation, retail sales and public sector deficit figures. |
Retail sales flag in February, says BRCUK retail sales were subdued in February, with weak demand for clothing and homeware wiping out a winter boost in food purchases, industry figures show. |
LDC: Online sales lead to 14 shops closing per day in 2011Britain’s retail chains closed an average of 14 shops every day in 2011, with retailers quitting more shops than they opened for the first time, research shows. |
Retail sales show surprise 0.9% upturn in JanuaryThe Office for National Statistics (ONS) has released official data that shows retail sales grew by 0.9 per cent in January, providing a welcome boost for the UK economy. |
Preview: Inflation dominates vital week ahead for UK economyThe Bank of England present January's inflation and its quarterly inflation report. Unemployment and retail sales are also out in a vital week for the UK economy. |
BRC reports second worst January sales data since records beganThe British Retail Consortium has reported the second worst set of sales data since records began in 1995 as UK households rein in spending in the new year. |
CBI data shows high street retail sales decline in JanuarySales in high street stores were down in the first part of January 2012 as consumers stopped spending after Christmas, according to the Confederation of British Industry. |
UK retailers see big jump in profit warnings at end of 2011A new report by accountants Ernst & Young reveals a 70 per cent jump in profit warnings issued in the final quarter of 2011 and the trend is likely to continue into 2012. |
Retail sales values up by 6.2% in December, says ONSRetail sale rose by 6.2 per cent in value and 2.6 per cent in volume compared to the weather affected period of December 2010 reports the Office for National Statistics (ONS). |
Inflation, unemployment and retail sales data dominate economic week aheadAnother vital week for the UK economy will see economic data released on inflation, unemployment and retail sales provising an indication on how 2012 ended for the UK economy. |
Tesco shares tumble by 15% on poor Christmas trading resultsTesco shares fell sharply after minimal growth in sales and profit over Christmas. Tesco boss Philip Clarke admitted that his firm had been outgunned by rivals. |
BRC: Christmas factor causes 2.2% rise in December retail salesThe British Retail Consortium (BRC) reports a 2.2 per cent rise in like-for-like sales in December but predicts the outlook for 2012 is bleak. |
Bargain hunters hit the stores in thousands on Boxing DayShoppers were out in force across the UK on Boxing Day as retailers reported brisk trading as consumers hunted down the best bargains. |
Thorntons is latest high street name to issue profit warningThorntons has said it is continuing to struggle in the current economic climate and has now issued a profit warning. |
Saturday's Christmas shopping spend predicted to be over £1blnGood weather and fierce discounts combined to encourage Christmas shoppers to spend on the high street yesterday on one of the busies shopping days of the year. |
Christmas shopping spend to net £1bn today as sales start earlyHigh Street retailers are praying for success and have issued fierce promotions as competition for the Christmas pound takes on new urgency in the retail sector. |
