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UK Retailers Enjoy ‘Solid’ Start To 2025 – BRC

British retailers reported a reasonable start to 2025 after a disappointing 2024 but remain concerned about rises in employment costs.

Black Friday spending helped lift retail sales in late 2024, the British Retail Consortium said on Tuesday.

Tesco said today that it intends to return £700 million to shareholders through an incremental share buyback, RTÉ reported last week.

L’Oréal has reported a rise in third quarter sales that missed expectations due to low consumer confidence in China.

UK homeware retailer Dunelm’s top shareholder has sold a 4.9% stake in the company to institutional investors.

Kraft Heinz slashed its organic sales forecast for 2024 on Wednesday after missing quarterly revenue estimates.

British consumer spending contracted in June due to poor weather, according to surveys published on Tuesday.

NatWest has struck a deal to acquire most of Sainsburys’ banking business in a deal that will increase the lender’s assets by £2.5 billio...

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