All Policy & legal articles – Page 25
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NewsAddress tight labour market to help combat inflation, urges John Lewis boss
John Lewis Partnership chair Dame Sharon White has cautioned that higher inflation is inevitable unless more people return to work
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Opinion‘As recession looms, how will consumers behave this time around?’
Leaders must look back at how retail fared in 2008, the last prolonged recession in the UK, for indicators of how spending may play out next year, advises PwC consumer markets leader Lisa Hooker
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NewsBank of England warns UK will fall into recession this year as interest rates soar
The Bank of England (BoE) has said the UK economy will crash into a recession by the end of the year as it raised interest rates to their highest point in 27 years.
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NewsRetail calls on Truss and Sunak to address business rates failings
The British Retail Consortium has written to both Conservative leadership contenders to outline the sector’s concerns ahead of the ballot result on September 5.
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AnalysisValue over values – will the cost-of-living crisis slow retail’s sustainability ambitions?
UK retailers tackling the combination of a climate crisis and the largest drop in disposable income in generations are forging strategies with both events in mind
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NewsSunak pledges to ‘save the high street’ with revitalisation plan
Prime ministerial contender Rishi Sunak has unveiled a plan to “save the high street”, as he battles for the Conservative leadership.
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NewsAsda, Asos and Boohoo face CMA probe into ‘green’ claims
The Competition and Markets Authority (CMA) is to investigate the sustainability credentials of online fashion specialists Asos and Boohoo, along with Asda’s George clothing division.
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NewsShop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.
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NewsJD Sports confident of delivering record profit and sales
JD Sports has said it expects to deliver a second straight year of record profits and revenues despite the ongoing cost-of-living crisis ahead of its AGM later today
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NewsTransitional relief will cost retailers £1bn as Frasers boss calls for ‘hard and deep’ cuts
The British Retail Consortium has warned transitional relief could cost retail £1bn over the next three years, as Frasers boss Michael Murray called for drastic government action.
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AnalysisDeep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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Retail VoiceTips for approaching innovations using consumer data
Now more than ever, retailers are faced with a wide array of opportunities to use customer data to achieve their commercial objectives. RPC explains that by spotting and assessing key risks early, organisations will be better equipped to avoid breaches of data protection law that may lead to costly fines or claims, failed projects and reputational damage.
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AnalysisFive ways to adapt to changing consumer behaviour amid cost-of-living crisis
Retail veteran Peter Williams and executives from Pandora, Bookshop.org and REN Clean Skincare reveal how they are witnessing spending habits shift – and what this means for their strategies – ahead of appearing at Consumer Week
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Opinion‘Retailer focus is on how to help customers caught in cost-of-living crunch’
At a time of unprecedented national and global challenges, retailers are determined to support their people and their customers, writes British Retail Consortium chief executive Helen Dickinson.
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OpinionBusiness rates and online sales tax – reviews and rows but what hope of a resolution?
As retailers battle the increasing costs of doing business, they still bear one of their longest-suffered and biggest burdens – business rates.
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OpinionTheo Paphitis: ‘After Boris, we need a leader who’ll support business, not f**k business’
The to-do list for the next prime minister is long and urgent – they must be a serious candidate capable of governing like a grown-up, writes Theo Paphitis.
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NewsAmazon faces CMA probe over treatment of third-party sellers
Amazon is being investigated by the UK’s competition watchdog over its treatment of third-party sellers that use its online marketplace.
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NewsAsda, Asos and Amazon warn online sales tax could do more harm than good
Executives from major retailers met with financial secretary to the treasury Lucy Frazer last week to warn of the potential impact of an online sales tax.
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Opinion‘Refusal to allow M&S to modernise Marble Arch will further diminish West End’s appeal’
Retail businesses, shops and the locations where they trade cannot be preserved in aspic. But that is what opponents of Marks & Spencer’s plans to redevelop its flagship Marble Arch store seem to want.
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NewsAsda chair Rose urges VAT cut to combat cost of living crunch
Asda chair Lord Stuart Rose believes the government should consider reducing VAT or further cutting fuel tax to help ’kill’ inflation, which is prompting shoppers to limit their spending.
