Confidence drained away from British businesses and consumers in August as the Brexit crisis deepened, according to surveys that suggested the political ructions were taking an increasing toll on the economy.
Three words: Brexit, Brexit and Brexit. That's dominating the thinking of UK consumers at present and new collections, the weather, sports events, festivals, back-to-school, and late holidays are taking a back seat.
It may come as something of a surprise given the rapid rise of click and collect as an online delivery method, but large numbers of parcels for pick-up are remaining uncollected in shops, a new report claims.
WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said.
Requests from successful retailers for rent reductions could fall on deaf ears as far as shopping malls giant Intu is concerned. Its CEO said it won't bow to demands to cut rents as businesses seek a level playing field.
Transformational sustainability, rather than just paying lip service to the issue, is still several years away and could mean price rises, a UK retailer survey shows. But fashion is at the forefront of the eco drive.