cost of living

Cost of living prompts a shift back to cash

The British Retail Consortium (BRC) has unveiled its BRC Payments Survey 2023, shedding light on the evolving dynamics of the…

Cost of living crisis: which retail sector is most impacted by theft?

UK-based price comparison website Money.co.uk has looked into which retail sectors and brands have been most affected by theft since…

Consumers keen to buy local, despite cost-of-living crisis

The rising trend of “buying local” has not been deterred by the global cost-of-living crisis, as consumers generally are taking…

Retail Trust report reveals worsening mental health of retail staff

More than half of retail staff (52%) say the rising cost-of-living is impacting their mental health, according to a new…

Retail gift card sector grows amid cost-of-living crisis

GlobalData and the Gift Card and Voucher Association (GCVA) have carried out research on the role of gift cards for…

Retail workers face money challenges at alarming rate

Financial institution Claro Money’s wellbeing division has published a report on the effects of money worries for retail workers during…

Eid is an untapped market for retailers, finds GlobalData

Leading data and analytics company GlobalData finds that retailers must focus on pricing ahead of Eid for young consumers impacted…

Sainsbury’s, Tesco cut milk prices raising hopes of a decline in food inflation

Sainsbury's has decided to reduce the price of its four-pint store- brand bottle to £1.55 ($1.94), a day after Tesco…