shop prices news and archive

Shop prices rise at fastest rate in nearly six years in January

Shop prices in January rose by the fastest pace in almost six years despite the post-Christmas discounting period, according to new figures. The BRC-Nielsen Shop Price Index revealed that shops increased prices by 0.4 percent compared to the same period a year earlier - the biggest increase recorded since April 2013 - marking the fourth...

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Business

Brexit could make clothing more expensive

It is true that the fashion industry reflects currently situations occurring in the world. As the impending referendum sees Britain divided between the pros and cons of staying and exiting the European Union, the ‘see now, buy now’ direct to consumers business model sees fashion houses and organisations across the globe divided on the current...

Retail

Shop prices down 1.8 percent in January

British shop prices fell slightly by 1.8 percent year-on-year in January, following a 2 percent drop in December, meaning that prices have fallen for the 33rd month in a row. The figures released by the British Retail Consortium and Nielsen in the monthly shop price index show that non-food deflation remained at 3 percent, after a similar drop...