retail

Retail consumer confidence begins to improve as Christmas approaches

1st November 2024 Commercial Credit Management | #retail

Latest data from the British Retail Consortium (BRC) has shown an improvement in consumer confidence as Christmas approaches. According to BRC-Opinium data, consumer expectations of their personal financial situation over the next three months improved slightly to -4 in October, up from -6 in September. The state of the economy improved slightly to -17 in…

Retail resilience challenged by higher interest rates

27th June 2023 Commercial Credit Management | #interest rates #retail

Retail sales shrugged off the expected drag from May’s extra bank holiday, rising for the second successive month however the EY ITEM Club is predicting that persistent inflationary pressures and rising mortgage costs mean a sustained retail renaissance is unlikely in the near-term, with sales growth set to remain slow throughout this year. Low unemployment…

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retail

Retail consumer confidence begins to improve as Christmas approaches

Retail resilience challenged by higher interest rates

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