The UK government at the weekend announced a new four-week lockdown for England with non-essential stores to close. But the BRC and NWEC's heads hit back saying scientific advice says shopping isn't spreading the virus.
UK retailers are urging strong government action as they deal with the Leicester garment factory scandal. The main company in the spotlight, Boohoo Group, and others are calling for a factory licensing system.
Last week’s Brexit deal and the pulling of Saturday’s Parliamentary vote have left the UK retail sector back where it has been for the last three+ years, facing an uncertain future as consumers shun unnecessary spending.
Two regular reports on Tuesday highlighted the weakness of UK consumer spending at present but also how tough it is to judge overall consumer sentiment given tricky comparisons with a year ago and the impact of Easter.
Business groups have signalled that they’re losing patience with politicians as MPs reject the negotiated Brexit deal and rule out a no-deal exit altogether, but the UK government insists no-deal is still an option.
The UK’s consumer spending was muted at best during February as shoppers focused on preserving their cash but also on buying essentials ahead of what might turn out to be a difficult EU exit later this month.
New Look was upbeat on Wednesday as it focused on the positives in its end-of-Q3 report rather than its continuing sales fall. But it seemed justified in that view as the business is clearly improving.