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UK retail sales growth fails to keep up with inflation


By Alexandra Leonards

UK retail sales growth increased last month, but the upward trend still failed to keep up with rising inflation.


Facebook to ditch live shopping in October

Facebook-owner Meta has announced plans to remove live shopping from the social media platform.

Post Office handles record £3.3bn in cash

The Post Office has said it more than £3.3 billion in cash was deposited and withdrawn across its 11,500 branches, the most the organisation has handled in its 360-year history.

Apple urges Taiwan-based suppliers to ‘adhere to Chinese labelling rules’

Apple has told suppliers from Taiwan that China has started to strictly enforce a longstanding rule that Taiwanese-made parts and components must be labelled as being made in either “Taiwan, China”, or “Chinese Taipei”, according to Nikkei Asia. The tech giant urged suppliers to treat the matter with urgency to avoid possible disruptions caused by goods and components being held for scrutiny, people familiar with the matter told Nikkei Asia.

Global BNPL users to ‘surpass 900 million’ in next five years

The number of people using Buy Now, Pay Later (BNPL) services is to reach more than 900 million globally by 2027, according to new research.
Spoke reports 6% revenue rise after rollout of personalisation tool

Spoke has seen a six per cent rise in revenue since rolling out a new personalisation solution. In six months, the London-based custom-fit menswear retailer grew its owned audience by 150 per cent from its initial target.

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PayPoint adds 20 household brands to emergency e-voucher service

PayPoint is adding more than 20 retail brands to its emergency e-voucher service, an initiative designed to help financially support the most vulnerable people in society.

Next ‘exploring 25%’ stake in Joules

Next is in talks to acquire a 25 per cent stake in lifestyle retailer Joules, according to Sky News. The valuation of Joules, which has 130 stores and employs 1,000 staff across the UK, has plunged by 90 per cent since the start of the year.

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The Metaverse: could virtual paradise become a nightmare reality?

There’s a risk that - without proper controls - the digital phenomenon of the Metaverse will facilitate deep-rooted problems far worse than those created by social media. Alexandra Leonards looks at the potential threats and gains of an augmented world.

Will 3D printing revolutionise the fashion industry?

The technology promises so much, but its progression beyond runway couture is slow. Alexandra Leonards finds out what’s holding it back.

The future of retail: bridging the gap between online and in-store

Achieving fluidity across channels is crucial to survival in an ever-changing retail market. Alexandra Leonards discovers how retailers are adapting to the new normal by embracing technology and reinventing the store.

What’s next for retail in 2022?

Over the past 12 months, retailers across the UK have faced a myriad of challenges, from supply chain issues to labour shortages and continued uncertainty.

BNPL: regulation gets the go-ahead, but what happens next?

Alexandra Leonards explores what regulation might mean for the future of Buy Now Pay Later and looks at how the market has responded to the government’s decision to green-light new rules.

Uyghur forced labour: do government measures go far enough?

Under the new guidelines, retailers still aren’t legally obliged to cut ties with modern slavery. Alexandra Leonards reveals why the latest measures aren’t likely to change things on the ground, and explores how retailers must look beyond the legal minimum to rid their supply chains of forced labour.

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Find out how HULFT can help you manage data, integration, supply chain automation and digital transformation across your retail enterprise.

Talking shop: retail technology solutions from Brother
Retail Systems editor Peter Walker sits down with Brother’s senior commercial client manager Jessica Stansfield to talk through the company’s solutions for retailers and hospitality businesses, what’s new in labelling technology, and the benefits of outsourcing printing.

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