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Retail

UK retail sales drop in August yet clothing stores charge ahead

Retail sales across the UK fell marginally throughout August, as cost pressures weighed on consumer spending. Despite this, textile and clothing retailers welcomed stronger performance thanks to various events and the ‘back to school’ season. According to figures from the Office for National Statistics (ONS), retail sales dropped by 0.1 percent...

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Retail

High Street fashion under pressure amid rising costs and shrinking labour pool

Retail employment in the UK has entered a troubling downturn. According to the latest report by the Office for National Statistics (ONS), there were 2.73 million jobs in retail in June 2025. The four-quarter average, which smooths out seasonal hiring variations, stood at 2.78 million jobs, some 97,000 fewer than at the same point last year, and...

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