UK consumer confidence continues to plummet. So how bad is it? Down seven points to -38 in April, it’s the second-lowest reading since records began nearly 50 years ago, according to the latest GfK report.
Eurofund Group launched a UK arm last autumn and this week, the international real estate investment and development company has announced that Alex Coffey has joined its leadership team as the new Commercial Director.
European retail may have been disrupted for a few years, but key shopping streets retain their appeal for consumers. A new ‘Popularity Index' shows the UK is home to three of the most popular shopping streets in Europe.
Commercial property giant Landsec has launched a new product for retail brands offering more flexible lease options in response to “rising demand from digital natives and the needs of traditional retailers”.
UK e-tailers are losing money from e-commerce returns up to an estimated £5.2 billion a year on average. But they could do better if — rather than trying to discourage returns — they were more transparent.
Thank goodness for lockdown savings and buy-now-pay-later services. It appears both will be key in consumers maintaining their spending habits despite increased pressure on household budgets, according to a report.
UK mall centre:mk Milton Keynes has been recognised for its sustainability achievements over the last 24 months. It’s been presented with the Green World Award, the top tier of the Green Apple Awards.
Online beauty and technology group THG reported its preliminary results for last year on Thursday, plus a Q1 trading update that showed it weathering the current inflation and supply chain storm fairly well.
Procter & Gamble Co said in a securities filing on Wednesday that it may not be able to stay in business in Russia because of sanctions, restrictions on financial institutions, supply challenges and monetary controls.