Christmas shoppers to buy fewer and cheaper items this year as cost of living crisis persists
UK spending will be lower in real terms than last year as savings have been depleted and inflation remains high, say analysts
Source: theguardian.com
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Positive Christmas outlook for UK clothing, footwear sales
A new report from GlobalData suggests that retail growth in 2023 will not match last year’s 6.2% increase as consumers shop more cautiously.
Source: just-style.com
Demise Of Wilko Likely To Embolden The Discounters, Says GlobalData
The collapse of UK homewares retailer Wilko is likely to present rival discount retailers with an opportunity for further growth.
Source: esmmagazine.com
Discounters To Take Further Market Share Despite Collapse Of Wilko, Says GlobalData
The UK Value, Discount, Variety Stores and General Merchandise Retail channel is set to grow by 5% per year taking its value to £59.4bn in 2027 as more
Source: retailtimes.co.uk