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      Retail Think Tank July 2025: A mixed outlook for Q3

      RTT experts expect a mixed Q3 for retailers, with a gradual sales increase driven by value but with continuing cost pressures. While consumers have more money in their pockets, over half are concerned about the UK economy and are managing budgets carefully. Consumers will continue to scrutinise value for money based on what matters to them at different moments, and it will be down to retailers to deliver a compelling reason to buy, and buy now.

      Retail two person

      Meet the Retail Think Tank members

      linda-ellett

      Linda Ellett

      Head of Consumer, Retail & Leisure

      KPMG

      james-sawley

      James Sawley

      Head of Retail & Leisure

      HSBC

      miya-knights

      Miya Knights

      Director

      Zendu Contracting Services Ltd

      nick bubb

      Nick Bubb

      Retail Consultant

      Bubb Retail Consultancy Ltd

      natalie berg

      Natalie Berg

      Retail Analyst

      NBK Retail

      jonathan de mello

      Jonathan De Mello

      Founder & CEO

      JDM Retail Ltd

      charles burton

      Charles Burton

      Executive Director

      Oxford Economics

      maureen hinton

      Maureen Hinton

      Retail Analyst & Consultant

      Mike watkins

      Mike Watkins

      Head of Retailer & Business Insight

      NielsenIQ

      Previous reports from the Retail Think Tank

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      Is there light at the end of the tunnel for retailers?

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      Retail Sales Monitor

      Access the latest UK retail performance data and what this means for your business.
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