Six years is a long time in any industry, although with the fortunes of retailers being so intrinsically linked to the slightest deviations to the economy, consumer confidence, advancements in technology, political legislation and societal changes, 2025 will almost certainly bring with it a very different retail industry than we see today.

This report uses the Local Data Company’s extensive data of over 650,000 premises to gain a deep understanding of the complex and rapidly developing trends across the UK’s high streets, shopping centres and retail parks over the 12 months of 2018.

High Street exits remain at historic high as openings slump to lowest levels on record.

PwC forecast retail growth in 2019 will be about winning share. For more on how to win in this environment and predictions for retail in 2019, read on. This report accompanies the ICAEW Retail Community Webinar recorded in association with PwC (see "Featured items")

The latest KPMG/Ipsos Retail Think Tank (RTT) white paper explores the impact that any change in spend has had on retailers, and whether any shift in spend towards leisure operators is a key driver holding back the sector’s current stuttering performance.

Annual Deloitte outlook on trends in retail sees an industry in transformation, with new channels driving growth as old channels decline.

Information from the Office for National Statistics of sales by UK retailers. Includes spending on goods in store and online as well as spending on services.

With some high-profile businesses hitting the rocks, it’s time to take a fresh look at how to head off crisis.

Find out about the latest fashion retail breaking news, trends and analysis from Drapers Online.

Retail Think Tank report into what may be in store for the grocery sector in light of continuing consolidation, diversification and technological change.

Deloitte's 2018 review of the luxury goods industry as sales growth bottoms out, profit margins resilient under pressure, and M&A activity heats up.

IFRS 16 prescribes a single lessee accounting model that requires the recognition of asset and corresponding liability for most leases.

The publication of IFRS 16 Leases has been demystified with the creation of an ICAEW guide.

The accounting standard IAS 2 sets out the accounting treatment for inventories and provides guidance on determining their cost.

Overview of IAS 2 provided by PwC, giving latest developments and overview, a summary of the standard and links to relevant resources.

Discussion on establishing a basis for estimating stock for the purposes of monthly management accounts.

The Centre for Retail Research provides an overview of the payment systems used in retail and traces some of the problems that have been encountered.

The last five years have seen major shifts in how consumers pay for goods and services. With the internet and e-commerce (electronic commerce) continuing its meteoric rise, and smartphones offering a myriad of new ways to pay, businesses and their accounting partners have had to adapt to this new world of e-payments (Electronic Payments), as consumers continue to demand new ways to pay.

David Lyford-Smith, Peter Drummond, Peter Mandich and John Liver discuss how cryptocurrencies work and why they pose such a dilemma for accountants, auditors and regulators.

Proponents of cryptocurrency describe it as the future of payments. But, says Paul Golden, a number of important issues remain to be addressed before digital virtual currencies are fully embrace

In this week's Q&A we ask the experts about cryptocurrency, auto-enrolment and the skills chartered accountants will rely upon

Deloitte report on how the retail and consumer packaged goods should be planning for the introduction of blockchain.

Resources to support insolvency practitioners in undertaking corporate personal insolvency appointments, providing information on: liquidations (voluntary and compulsory), company voluntary arrangements (CVAs), administrations and administrative receiverships.

ICAEW is the largest insolvency regulator in the UK. We offer the opportunity for ICAEW Chartered Accountants and non-ICAEW members to qualify and be licensed as insolvency practitioners with us. We also offer a comprehensive programme of support for our current and future insolvency practitioners including membership to our Restructuring & Insolvency Community.

This R3 and ICAEW sponsored research carried out by Professor Peter Walton and Dr Lezelle Jacobs of the University of Wolverhampton and Chris Umfreville of Aston University was published in May 2018. The research looks at the outcome of the 552 CVAs started in 2013 and makes eight key recommendations.

In a letter to the new Chancellor, Sajid Javid, over fifty major retailers have called on the Government to put business rates at the heart of the promised new economic package.

A response dated 2 April 2019 to a consultation published by the Treasury Committee on 1 February 2019.

Taxing business properties form an important part of the tax base for many countries, but they are often complex and in an increasingly online world can be irrelevant to an organisation’s turnover. The time has come to overhaul business property tax systems and here ICAEW outlines the options.

Background to the development of the UK's business rate system and proposals for reform put forward by the Centre for Retail Research.

Expert commentary and practical guidance from ICAEW related to VAT under the UK tax regime.

UK retailers say they are being routinely undercut by non-EU online sellers who avoid charging VAT

HMRC internal manual on determining the liability of supplies of clothing and footwear as written in Group 16, Schedule 8, VATA 1994. The guidance was produced for HMRC staff and 'should not be relied upon by businesses when calculating their taxes and/or duties'.

Businesses selling branded products through retailers should beware of stopping those retailers from using the brand names in online search advertising, or risk being fined for breaching competition law.

Retailers with hole-in-the-wall ATMs at their premises should consider whether they are entitled to a rates rebate, following a recent Court of Appeal ruling

Parties negotiating a potential joint venture should ensure their discussions are completed, and preferably committed to writing, before they take any action to carry out their joint venture, or risk the court ruling later that there was no enforceable agreement between them.