The Latest Breaking News from Richard Lim

Food inflation pushes consumers to the limits of what they are willing to spend, costing retailers sales

As we head into 2025, despite a more positive outlook, retail will continue to experience a cautious consumer and an uncertain economy.

The number of London companies falling into administration soared 37% last year, with key sectors such as property, hospitality and retail particularly hard hit, new figures show.

The post-Christmas retail reporting season is well underway, and the City has observed two clear trends. There are grocers cheering solid festive growth with sales warmed by huge appetite for pigs in blankets, turkeys and party food, and then there are some luxury brands that have given updates- during the…

Weaker Christmas spending amid cost of living crisis and fewer shops opening cut visitor numbers by 30% on 2019

Four years ago the venerable retailer fell out of the FTSE 100, suffering a humiliating blow to its prestige. But now it has turned things around

Exclusive: Big water brands forecast to grow with UK on track to use 2.8bn bottles a year by 2026, finds research

Survey shows 80 per cent of retailers planning to increase the price of products

Improved delivery times from suppliers has caught out many big-name shops such as Marks & Spencer