Economy

‘Cyberweek’ and clearance sales drive online retail in December

‘Cyberweek’ and clearance sales helped to drive online retail sales in December with non-food products growing 7% compared to the…

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‘Promising’ year ahead for shop vacancy rates

Britain’s shop vacancy rate dropped to 13.2% in December while the overall retail and leisure vacancy rate remained at 11.8%,…

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Signet ‘s UK division sees 9.7% Christmas growth

Signet’s UK division, which owns high street chains H Samuel and Ernest Jones, has seen a 9.7 increase in like-for-like…

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Shop prices report deflation for twentieth consecutive month

Overall shop prices have reported year-on-year deflation for the twentieth consecutive month, decelerating to 1.7% in December after reporting deflation…

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Pre-Christmas sales see biggest growth since 1988

Retail sales in the run up to Christmas have accelerated at their fastest pace for almost 26 years, according to…

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Changing shopping habits continue to drive down footfall, says BRC

Footfall in November was down 2.4% on the same time last year, down on the 0.8% fall in October and…

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Small Business Saturday boosts local spending

Consumers across the UK helped support Small Business Saturday on December 6, with 16.5 million people shopping in small independent…

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UK to become largest luxury goods market in Europe by 2018

Luxury Goods retailing in Europe is forecast to reach $150bn (£96bn) by 2018, with the UK set to overtake France…

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Hallmarking set to top 10m items for first time in three years

The total number of hallmarked items is set to top 10 million for the first time since 2011, the latest…

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Polished diamond suppliers reduce prices in November

Polished diamond prices fell in November as suppliers lowered prices in an effort to improve cash flow, according to Rapaport’s…

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