UK looks to grocery for new licensing opps

Clouds of doom and gloom seem to have settled over the UK's retail landscape, where even the high street has seen better days. Inflation is up, consumer spending is down, and retailers are struggling to find a way to keep their businesses afloat without putting too much of a strain on their customers. The British Retail Consortium reported in July that UK retail sales have fallen 0.9% on a like-for-like basis, compared to a 1.2% increase posted in July 2007. The BRC has also found that consumer confidence is reaching record lows, as shoppers become more price-conscious to meet household budget demands.
September 1, 2008

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