PYMNTS-MonitorEdge-May-2024

Confederation of British Industry

UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
September 23, 2022  |  Retail

Retailers in the U.K. reported a drop in sales for September and expect that trend to continue next month as businesses prepare for the holiday...

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Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
June 23, 2022  |  Retail

Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive...

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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UK Agencies Paint Stark Reality For Retail
UK Agencies Paint Stark Reality For Retail
March 30, 2020  |  Retail

The U.S. retail picture is bleak in this time of COVID-19. But the U.K. may be even worse. Data from February shows the U.K. economy...

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Retail Sales In UK Continue To Drop
Retail Sales In UK Continue To Drop
August 25, 2017  |  Retail

British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country....

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