Latest from Retail & Consumer
Shop price inflation increases on rising commodity costs
Shop price inflation rose to 2.9 per cent in June from 2.3 per cent in May, while food inflation also increased, driven by wider economic conditions, says the British Retail Consortium.
Growth Capital exits sweetly with Tangerine sale
Private equity investor Growth Capital Partners has exited fast-growing business Tangerine, selling its 40 per cent stake in the confectionery manufacturer to global investment and advisory firm Blackstone Group.
Consumer confidence slumps in June
UK consumer confidence fell in June, with decreases across measures for personal finances, savings and the general economic situation, finds research.
Manchester UK’s largest retail centre outside London
Manchester is the largest retail centre outside of London, according to the latest report on the UK’s retail landscape.
High street sales below average in June
High street sales stagnated in June as clothing and grocery sales reported a weak performance, says a study.
Snappy snaps for business
Beginning development as a memory aid, this month's GrowthBusiness Object of Desire the Vicon Revue is now aiming for the Facebook generation.
Rail station retail sales outperform high street
Retail sales at UK rail stations outperformed the high street in the first quarter of this year, reporting 5.17 per cent growth in like-for-like sales.
Consumers find online grocery shopping a chore
Consumers are abandoning online grocery shopping, says new research, suggesting that supermarkets need to improve the online experience.
Terry Leahy leads Eagle Eye funding round
Former Tesco chief executive Sir Terry Leahy has led a Series A round of funding in Eagle Eye Solutions, securing £1.5 million for the mobile voucher business.
UK retail sales in ‘disappointing’ decline
UK retail sales took a dive in May as consumers cut back, confirming that strong trading in April was a one-off, new figures reveal.
Low cost purchases drive May online sales
Strong growth in online sales last month was driven by low-ticket items, such as clothing and alcohol, reveals the IMRG Capgemini e-Retail Sales Index.
Confidence among consumers rises in May
Consumer confidence rose 11 points in May, according to the Nationwide Consumer Confidence Index, but remains low.
No Saints receives funding from Hotbed
Private investor syndicator Hotbed is raising a further £2.1 million in leisure business No Saints following a rights issue that raised £1.8 million from current shareholders.
Know when to exit: Jerry Kennelly
Jerry Kennelly, founder of design agency Tweak.com, reveals that his best business decision was knowing when to exit.
BRC’s Luke Mayhew to support large retailers
Luke Mayhew, chairman of the British Retail Consortium, is due to tell the BRC Retail Symposium today that large retailers are the catalysts of high street regeneration.
Index Ventures leads seed funding in EDITD
Retail analytics platform EDITD has secured a $1.6 million (£971,834) seed round led by Index Ventures that will help it enter new markets.
Retail sales values decline amid consumer uncertainty
The decline in UK retail sales values last month are a ‘realistic reflection’ of conditions on the high street, according to the British Retail Consortium.
High street spending takes a hit in May
High street spending was down in May after the consumer spending spree in April, says a new study.
Amazon tops online retail poll
Amazon has topped a poll of the 100 most visited websites, receiving 18.8 per cent of purchase visits.
Retail heavyweight Rob Templeman joins BRC
Current Debenhams chief executive Rob Templeman has been appointed chairman of the British Retail Consortium.
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The rise of cash shells
New research from GrowthBusiness shows that the number of UK cash shells is climbing. We speak to new entrants to the market and those that have recently closed deals to find out what’s driving shells’ increasing popularity.
