This week’s blog comes from Julie Carlyle, Partner and Head of UK Retail at EY. Black Friday is almost here. It is strange to think that in just five years, one long weekend in November could come to mean so much to UK retailers. But this extended weekend now kicks off, shapes and sets the … More What will Black Friday tell us?
In this week’s blog we use the latest and archive profit warning data – available on the new EY Profit Warning Console – to tell the story. … More Why are there more UK profit warnings?
Last week I picked out the first five of my ten areas to watch this summer – including oil, which has lived up to its volatile billing. As with so much we discussed, pricing is difficult when structural change has ripped up the old playbook. This week I’m turning my attention to five more issues … More What I’m watching this summer (Part 2)
Profit warnings have grabbed the headlines, but the headline number is actually pretty average for the time of year. What’s extraordinary is the detail behind the profit warnings we saw in an eventful first quarter – and what these warnings say about the rapid reshaping of a large part of the UK economy. … More Profit warnings signal high street blues
This week we’re sharing insights from Jessica Clayton, Head of Retail Transactions and David Larsson, a Partner in EY Parthenon. It’s been a tough few months on the high street, but this week has really put its trials and tribulations in focus with two major retailers going into administration and further restaurant CVA. In this week’s blog, … More Why aren’t the tills ringing in 2018?
This week we’re sharing retail insights from Jessica Clayton, Head of Retail Transactions and David Larsson, a Partner in EY Parthenon. EY research shows UK retailers displaying more discount discipline during Black Friday week itself, when compared to 2016. But, the extended season, slipping sales and growing pressure on consumers doesn’t bode well. Retailers will … More Retail focus: Black Friday….Red January?
We’re wondering if we’ve reached a turning point in the UK economy and if developments here and in the US could shake-up markets this summer. … More Will volatility return this summer?