Browsing: economic pressures

Lidl GB’s CEO vows to uphold competitive pricing despite increased National Insurance costs.Ryan McDonnell addresses the significant financial impact on…

New Look sees improvements in financial health despite experiencing tough market conditions, reporting narrowed pre-tax losses.The company’s pre-tax loss decreased…

This Christmas, UK high streets face a challenging economic climate. Rising taxes and costs pose significant challenges. Retailers must navigate…

Lookers, a prominent car dealership, reported a significant financial downturn in 2023 after a major private acquisition.In 2023, Lookers experienced…

UK garden centres face significant challenges as key retailers, Dobbies and Homebase, undergo restructuring amid financial stress.Dobbies plans to close…

Fresh data reveals that Asda and Aldi lost market share as sales slowed, highlighting a shift in the grocery sector.Asda’s…

Recent data reveals a surprising slump in back-to-school sales as non-food purchases decline by 1.7% year on year.Families increasingly opt…

The future of Carpetright has seen partial security through a strategic takeover by Tapi, though it comes with considerable downsizing.…

Amidst continuing economic pressures, multiple supermarkets have announced significant price reductions to aid consumers.Asda has invested £23 million to reduce…

The UK’s latest retail data reveals a drop in food sales amidst ongoing economic pressures.Retail sales volumes fell by 1.2%…