Data news stories
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News
London Designer Outlet posts record-breaking sales
London Designer Outlet (LDO), located at Wembley Park, has recorded its strongest first quarter ever as sales surpassed £20m for the first time.
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News
Exclusive: TK Maxx the most popular value website for bargain hunters
TK Maxx was the most-visited value retail website over the past two years, Retail Week can reveal.
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News
Retail sales flat in March, official data shows
Retail sales growth was flat last month, the Office for National Statistics (ONS) has reported.
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News
Inflation rate reaches lowest level in over two years
The rate of inflation has fallen to its lowest level in two-and-a-half years, according to the latest figures by the Office for National Statistics.
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News
British heritage luggage brand is one of the fastest-growing retailers in the UK
The third fastest-growing retailer in the UK last year was a 100-year-old British luggage brand, according to new transaction data collected for Retail Week.
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News
Exclusive: Retail spend to take £2.4bn hit in 2024
Retail spending is expected to take a £2.4bn hit this year as consumers are impacted by “lower levels of affluence” amid the cost-of-living crisis, according to the latest research by Retail Economics and beBettor.
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News
Retail sales handed boost by early Easter
UK retail sales increased in March driven by an early Easter, which boosted food and non-food sales ahead of the long weekend, according to the latest BRC-KPMG Retail Sales Monitor.
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News
Retail footfall sees ‘modest’ rise boosted by Easter weekend
Retail footfall in March increased across all destinations as the Easter weekend helped boost footfall.
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Retail Voice
The cost of ignoring workplace wellbeing
It’s time to celebrate the retailers who take as much interest in their wellbeing data as their financial results, believes the Retail Trust’s Chris Brook-Carter.
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News
Shop price inflation falls to lowest level since December 2021
Shop price inflation eased to the lowest level since December 2021 in March “as retailers continued to compete fiercely to bring prices down for their customers”.
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News
Retail sales steadied in February despite downturn
Retail sales were flat in February despite wet weather and continued economic insecurity.
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News
Exclusive: More than half of shoppers think supermarket loyalty prices are a scam
The majority of the British public believes that supermarket loyalty prices are a scam and that original prices have been doctored to make discounts look better, Retail Week can reveal.
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Analysis
Revealed: What shoppers really think about supermarket loyalty schemes
Supermarkets have flooded the market with next-generation loyalty schemes to give back to their customers – but do shoppers actually think of them as a reward? And after speculation about their value, do they trust that the prices they see are genuine?
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News
February footfall ‘saved’ by half-term holiday shoppers
Retail footfall across all locations increased in February as the school half-term drove shoppers to stores.
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News
Grocery inflation falls to lowest levels in nearly two years
Grocery price inflation fell to 5.3% in February, the lowest rate seen since March 2022, although value remains a priority for shoppers.
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News
Shop price inflation falls again to reach lowest level in two years
Shop price inflation fell in February for the second consecutive month to reach the lowest level of annual growth since March 2022.
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News
Mother’s Day spend to hit £1.7bn as inflation boosts sales
UK shoppers are expected to spend £1.7bn on Mother’s Day this year, with high inflation meaning they pay “more for less”, according to a report by GlobalData.
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News
Food prices fall for first time in two years as inflation stalls
The annual rate of inflation was unchanged in January, despite the first monthly fall in food prices, according to the Office for National Statistics.
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News
Online shoppers turn to BNPL for January sales
Online spending in the UK in January increased 3.4% year on year as shoppers bought exercise equipment and made the most of the post-Christmas sales.
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News
Retail sales slow in third year of high living costs
UK retail sales slowed in January as “the higher cost of living continued into its third year,” according to the latest BRC-KPMG Retail Sales Monitor.