Data news stories – Page 10
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DataWalmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
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DataData: Two-thirds of customers limiting food spend as inflation surges
New data has found that two-thirds of customers are limiting their monthly food budgets as inflation sails to levels not seen in 40 years
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DataConsumer confidence stagnates at lowest ever levels
Consumer confidence remained low in July as shoppers feel the cost-of-living pinch
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DataData: How cash-strapped customers will cut £25bn in spend – and the sectors hardest hit
Retail Week explores how the cost-of-living crisis will impact the way consumers spend and who will be worst affected
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NewsSupermarket sales grow for first time in over a year as food prices soar
Grocery sales have increased for the first time in more than a year – but experts have warned that “near record-breaking” food inflation will shift shopper behaviour in the coming months.
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AnalysisData: The sectors that will win and lose this Christmas
The cost-of-living crisis is set to bite this festive season, with health and beauty the only sector to see volume growth, as Retail Week’s latest report reveals
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DataRetail sales fall below lockdown levels as cost-of-living crisis deepens
Retail sales slumped in June to levels not seen since the depths of the pandemic.
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NewsFootfall hammered by cost-of-living concerns despite platinum jubilee boost
Shopper numbers were boosted by the platinum jubilee in June, but footfall is expected to remain behind pre-pandemic levels for the “foreseeable future” as the cost-of-living crisis impacts consumer behaviour.
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DataData: Value is top concern for families amid cost-of-living crisis, M&S survey reveals
A survey by Marks & Spencer has found that financial worries are top of consumers’ concerns this summer.
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NewsShop prices soar as inflation hits highest rate since 2008
Shop prices have soared across all the metrics with inflation hitting the highest point in 14 years, with consumers facing the biggest cut in income since the 1970s.
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AnalysisData: The forecast for store openings, closures and vacancies
The Great Store Revival report features data from Local Data Company (LDC) alongside industry predictions to provide a picture of what bricks and mortar will look like going forward.
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NewsThree-quarters of consumers to cut Christmas spending due to cost-of-living crisis
More than three-quarters of customers are planning to reduce their spending on Christmas this year, with the cost-of-living crisis only set to deepen as the year goes on.
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DataConsumer confidence drops to record low as economic gloom spreads
Consumer confidence has taken another blow in June as the cost-of-living crisis worsens.
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DataRetail sales tumble in May as consumers cut back on food shopping
Retail sales dropped in the month of May as the cost-of-living crisis hit consumer wallets.
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Retail VoiceWhy the health and happiness of retail workers is paramount
One in five retail workers plans to leave the industry, but that’s just the tip of the wellbeing crisis in retail, says Retail Trust chief executive Chris Brook-Carter.
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NewsCity centre footfall battered by rail and tube strike chaos
Footfall dropped across city centre shopping destinations as people opted to stay home and avoid the strikes.
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DataPost-pandemic spending bubble bursts as shoppers rein in spending
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
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NewsPlatinum jubilee drives footfall bounce as grocers report strong trading
The extended platinum jubilee bank holiday was a boon for retail footfall, as some grocers reported strong sales in alcohol and commemorative food products despite the cost-of-living crisis.
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NewsShop prices soar in May but inflation to ‘get worse before it gets better’
Shop prices rose further in May as inflationary pressures took their toll on retailers’ margins.