Data news stories – Page 11
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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.
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DataConsumer confidence plummets to lowest-ever levels as cost-of-living crisis escalates
Consumer confidence has reached an all-time low since records began in 1974.
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DataData: Three charts that show where retailers are investing tech spend
Retail Week surveyed 50 supply chain, IT and tech professionals for the new Chain Reaction report to understand where they are placing their bets – and the areas they do not see as business-critical.
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DataCost-of-living crisis has ‘crushed’ consumer confidence and halted retail recovery
Retail sales have been battered as the spiralling cost of living has “crushed consumer confidence” and reversed the green shoots of retail’s post-Covid recovery.
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DataData: Footfall drops in April as retail sweats on sustained cost-of-living contraction
Footfall in April dropped across all retail destinations as the sector waits to see whether the month will be a precursor for the future as the cost-of-living crisis deepens.
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DataData: Prices soar in April driven by furniture, electricals and books
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
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DataData: Grocery sales fall for first time since pandemic began as food inflation surges
Take-home grocery sales went into reverse in April for the first time since the pandemic began, as rampant food inflation hit its highest level since 2011.
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DataData: Retail sales drop in March driven by decline in online spend
Retail sales fell year on year in March as pre-pandemic habits and hobbies returned.
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DataData: Discretionary income falls in poorest households as cost-of-living crisis deepens
The cost-of-living crunch is hitting the UK’s least affluent households the hardest, with discretionary spending among the poorest households already declining.
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NewsData: Inflation hits 30-year high of 7% as fuel and food prices soar
The annual rate of inflation recorded a rise to 7% in the 12 months to March as the cost of living continues to soar.
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DataData: Retail sales take a hit from rock-bottom consumer confidence
Retail sales were battered in March as consumer confidence waned in light of rising inflation.
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DataData: Footfall bounces back in March as shoppers return to stores
Footfall made a noticeable recovery in March compared with February, almost returning to the levels recorded last year before the Omicron variant emerged.
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DataData: Retail vacancies start to stabilise after year of record highs
After three years of consistently rising rates, which hit record highs in 2021, vacancies are in decline for the first time. Retail Week runs a rule over the numbers to gauge what state retail destinations are in as pandemic conditions recede
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DataData: Discretionary spend to plummet £12bn amid cost-of-living crisis
Spending on non-essential items will plummet £12bn in the UK this year as consumers tighten their purse strings amid a spiralling cost-of-living crisis.
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DataData: Shop price inflation soars as cost pressures mount
Shop prices have risen for the fifth consecutive month as retailers grapple with cost inflation.
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DataCost of living shapes grocery shopping habits as sales fall
The soaring cost of living is increasingly affecting food shoppers’ spending habits as punishing inflation replaces the pandemic at the front of consumers’ minds.