Source: Omdia; GfK; BPI (The British Recorded Music Industry); British Association for Screen Entertainment (BASE); Nielsen; Entertainment Retailers Association (ERA) - UK; Futuresource Consulting; Official Charts Company; IHS Markit
UK retail footfall declined in November as shoppers waited for Black Friday deals: Poor weather and subdued confidence also weighed on traffic, souring retailers’ holiday prospects.
TikTok Shop gears up for busy holiday season in the US, UK: The platform expects hefty ecommerce and ad growth this year as shoppers get used to transacting on the app
The UK budget will eat into retailers’ bottom lines: Primark owner Associated British Foods expects its national insurance bill to rise by “tens of millions” of pounds.