The UK's ONS has issued its official December retail sales figures and they're fairly bleak. Clothing stores and department stores reported falls of 8% and 6.3%, and were also below levels in February 2020.
Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
German retail sales rose unexpectedly in November, data showed on Tuesday, lifting annual retail sales to a record high despite renewed restrictions in the coronavirus pandemic which held back a consumer-led recovery.
In the month before the Omicron variant emerged, UK retail sales continued to advance with fashion sales proving strong, the country's statistics agency said on Friday. But it's unclear how December will play out.
The increasing threat of the new Omicron Covid variant hit UK retail footfall in the latest trading week (5-11 December). Visits across UK retail destinations declined 1.1% week-on-week, according to Springboard.
Amazon has partnered with Abu Dhabi Investment Office to establish a fulfilment centre by 2024 to be built in accordance with the company's carbon-reduction strategies, the Abu Dhabi government's media office said.