Quartz: Surprisingly bad UK retail sales are alarming for everyone but online retailers


Well, that’s disappointing. British retail sales in January fell by 0.6%, shocking economists, who had predicted an increase of 0.5%, on average. Food sales, down 1.6%, were the main driver. The drop has raised fears that the United Kingdom is indeed headed for its third recession in four years―a “triple-dip” recession, as many call it. Just after […]