Retail News

57,000 retail jobs lost in 2019

Some 57,000 retail jobs were shed in 2019, according to the latest retail employment monitor from the British Retail Consortium…

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A&B Pawnbrokers and Herbert Brown shutters UK stores

Albemarle & Bond Pawnbrokers (A&B Pawnbrokers) and Herbert Brown have shuttered stores across the country, in a sudden move that…

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Labour pledges £10 minimum wage for all workers over 16

Jeremy Corbyn has pledged a £10 an hour minimum wage for all workers over 16 if his party is elected…

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Number of insolvencies fall over second quarter

The number of insolvencies in the UK has fallen by 14% for the second quarter of this year.

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Retail footfall ‘slumps’ in June

Footfall declined by 2.9% in June, attributed to the “exceptional and ongoing disruptive political and economic period”, according to retail…

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‘Worst June on record’ for retail sales, says BRC

On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to…

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UK consumer confidence slips in June

Market research company GfK’s long-running Consumer Confidence Index has showed that confidence among consumers in the UK has decreased by…

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Retail sales slump in May

The quantity bought in May 2019 decreased by 0.5% when compared with the previous month, with a strong decline of…

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Online retail sales in May suffer worst growth on record

May continued the 2019 trend of below-average online sales growth, with a marginal 1.9% year-on-year (YoY) increase, according to the…

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Footfall ‘plummets’ in May

Footfall declined by 3.5% in May, compared with the same point last year when it declined by 0.4%, according to…

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