UK: latest retail news, insights and analysis | ESM Magazine

Online Seller Naked Wines' Sales Pop As Lockdown Boosts Orders

Online wine subscription company Naked Wines saw its revenue soar 81% during the first two months of fiscal year 2021, with people ordering more wine for d...

Moody's Downgrades Marks & Spencer, Citing 'Uncertain' Demand Levels

Ratings agency Moody's has confirmed the downgrade of Marks & Spencer to Ba1 from Baa3, saying that the retailer is likely to face 'uncertain deman...

UK Grocers Continue To Post Significant Sales Increases, Kantar Data Finds

The latest Kantar grocery market share data for the UK has shown that all major grocers are continuing to show strong sales growth, even as lockdown measur...

Poundland Owner Pepco Sees Profit Down 16% On COVID Impact

Pepco Group, the owner of British discount retailer Poundland, reported a 16.3% fall in first-half profit to €89 million, hurt by the dent to sales fr...

UK Household Sentiment Picks Up, Still Weak: IHS Markit

British households remain downbeat about their financial prospects due to the damage caused by COVID-19, but are less pessimistic than in May and April whe...

EU Wants New Deal With Brexit Britain, But 'Not At Any Cost'

The European Union is committed to reaching an agreement with Britain on their new relationship after Brexit - but not at any cost, the bloc said. EU ch...

UK Convenience Retail Market Set To Grow 8% In 2020, Study Finds

The convenience retail market within the UK is projected to grow 8% to £44.7 billion, according to the new UK Convenience Market Report 2020&nbs...

UK Retail Sales Rebound In May, Debt Levels Up

British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borrowing...