Shop prices inched higher in June, food prices to fall July 7, 2009 INFLATION in shop prices rose only modestly in June and at a slower rate than in May, according to the British Retail Consortium-Nielsen’s shop price inflation index released today. Prices rose by 0.7 per cent in June compared with the same period last year and was held up by food inflation of 5.6 per cent [...]
When the going’s tough, the City goes shopping June 28, 2009 SIR Stuart Rose has recently waived more than £1m worth of Marks & Spencers share options, and could come under more pressure at this week’s annual meeting. Discount retailers like Aldi and Lidl have just announced a slowdown in growth, while on TV Mary Portas has moved from advising high street stores to charity shops. [...]
London retailers get a capital boost while rest of UK drops June 14, 2009 DESPITE recovery in the UK retail sector slowing in May, London continued to outperform the rest of the country, according to fresh data out today from the British Retail Consortium (BRC). Like-for-like sales for May were 1.6 per cent higher in London than a year earlier, compared with a 0.8 per cent fall across the [...]
Defensives beat a retreat as investors hedge their bets June 9, 2009 THE FTSE 100 ended flat yesterday, with commodity stocks tracking gains in raw material prices as the dollar eased but cigarette makers and pharmaceutical companies fell. The index closed down by 0.43 points at 4,404.79 in a choppy session, after losing 1.2 per cent on Monday. The weaker dollar boosted metal prices, which in turn [...]
BRC: retail upturn slows June 8, 2009 RECOVERY in the UK retail sector slowed in May, as sales volumes returned to normal following a stellar April, according to the latest figures from the British Retail Consortium (BRC) and accountancy firm KPMG. Retail sales in May fell 0.8 per cent on a like-for-like basis and rose just 0.8 per cent on a total [...]
BRC: retail upturn slows June 8, 2009 RECOVERY in the UK retail sector slowed in May, as sales volumes returned to normal following a stellar April, according to the latest figures from the British Retail Consortium (BRC) and accountancy firm KPMG. Retail sales in May fell 0.8 per cent on a like-for-like basis and rose just 0.8 per cent on a total [...]
THE LONDON REPORT June 7, 2009 CORPORATE data due out this week could help to steer the market, particularly with regards to retailer and consumer stocks, while investors in Independent News & Media will be hoping for an update on the future of the ailing publisher at its annual meeting on Wednesday. Today’s 17-week trading statement from JD Sports Fashion is [...]
THE LONDON REPORT June 7, 2009 CORPORATE data due out this week could help to steer the market, particularly with regards to retailer and consumer stocks, while investors in Independent News & Media will be hoping for an update on the future of the ailing publisher at its annual meeting on Wednesday. Today’s 17-week trading statement from JD Sports Fashion is [...]
London retail sales ahead of rest of UK May 17, 2009 RETAIL sales in central London were up 5.4 per cent in April, compared with the previous year – beating the 4.6 per cent increase in the UK as a whole – according to data released by the British Retail Consortium today. “April was a good month for retail, with Easter falling in the month and [...]
Triple blow for battered UK economy August 12, 2008 Retail sales and housing market suffer as struggling consumers rein in spending Britain’s battered economy will be dealt a triple whammy today, with fresh evidence that the housing market and consumer spending are continuing to contract and that manufacturers are being hammered by soaring costs. This summer has been the worst on the high street [...]