UK organisations risk falling behind oversees competition due to a lack of AI strategy, according to a new report unveiled today by Microsoft UK. In the face of significant disruption, the research reveals that 41 per cent of business leaders
Articles in category: Data Time
Data Time, get reports, statistical analysis & information from all retail industry sectors. Free to access retail data published by Retail Times
All treats and no tricks as Halloween retail creeps up to almost half a billion pounds, says GlobalData
This year Halloween will be a treat for retailers, with the event forecast to be worth £491m in 2018 (up 2.1% on last year) as consumers invest in the spooky occasion, according to GlobalData, a leading data and analytics company.
Although Brexit anxiety has led to a slowdown in consumer spending, eCommerce specialist Tryzens sees a bright future for British retailers, after a report released by Paypal has placed UK retailers at the top of the list of countries that
Global retail sector technology spending will grow 3.6% to reach almost $203.6 billion in 2019, with similar growth rates for the next two years, according to the latest forecast from Gartner, Inc. Customer expectations and competition are forcing retailers to
Data released today by leading retail software provider Vend, shows that independent retail discounting levels have increased by 6% over the past two years, as market pressures continue to drive product markdowns.
New research investigating UK household shoppers’ plans for Halloween has been launched today byleading retail and shopper marketing agency, Savvy. The findings, which reveal that 46 percent of UK shoppers are set to get involved in the occasion, predicts spending
New research from Go Inspire Group has revealed that targeted discounting (otherwise known as personalised pricing) that offers regular discounts on a proportion of products that a shopper regularly buys, can have a substantial effect on where people focus their
This years’ scorching summer led to a boost in the UK economy, encouraging businesses across the retail sector to keep driving forward with their hiring efforts. In fact, the latest job market data from CV-Library, the UK’s leading independent job
While bots are often cited as a reason for poor customer service, new research from Genesys finds many U.K. consumers do not rank them high on their list of frustrations. In fact, when asked about the most irritating issue in customer
To mark the Government’s Green GB Week a new study has been launched asking whether home deliveries still carry the crown as the greenest form of shopping. The timely study, by the parcel price comparison site ParcelHero, reveals that, though home deliveries
Only 9% of manufacturers are to invest in digital transformation projects over the next 12-18 months, reveals research from InfinityQS
New research by InfinityQS, the global authority on data-driven enterprise quality, has revealed that only 9% of manufacturers are planning to invest in digital transformation projects over the next 12-18 months. This was closely followed by 20% of manufacturers that have disclosed their
Barclays has today released a report into the UK fashion retail market using data aggregated from more than 8 million customers by its Market and Customer Insight service. Delving into the data, which covers consumer spending between July 2016 and
The latest frozen food retail statistics have shown that frozen food continues to excel with value growth across almost every category in the 52 weeks to 9 September 2018.
Business leaders are struggling to cope with the demands of the three groups they need to serve in order to deliver success: employees, customers and the wider society. The majority of organizations (60%) currently prioritize the needs of their employees
To celebrate its 25th Anniversary, QVC UK has commissioned a report into the future of retail, revealing the way consumers will be shopping in 25 years’ time. Teaming up with strategic foresight consultancy, The Future Laboratory, QVC UK reveals how
Brightpearl, the world’s largest purpose-built retail ERP platform, today reveals that nearly half (45%) of retailers are planning to ban ‘serial returners’. These are shoppers who deliberately and regularly buy multiple items with the intent to return some. New research from
Almost a quarter of consumers are still opening goods ordered online that are overpacked according to a survey by Macfarlane Packaging.
Online retail sales growth slumps to lowest level in 2018, IMRG Capgemini e-Retail Sales Index shows
UK online retail sales experienced its lowest September growth (+7.5% YoY) since 2014 last month, according to the latest IMRG Capgemini e-Retail Sales Index. Online sales have faltered since England’s World Cup Exit in July and the close of the hot
Shoppers have returned to seasonal favourites as supermarket spending cools off, according to the latest figures from Kantar Worldpanel, published today for the 12 weeks to 7 October 2018. Overall sales grew 3.2% compared to the same 12 weeks last
A commissioned study by Forrester Consulting on behalf of Collinson, a global leader in loyalty and benefits, reveals that half (50%) of retailers rank as ‘Beginners’ in line with its rigorous loyalty maturity test. Surveying decision makers at organisations with
Organisations are only scratching surface of automation with just 16% adopting multiple use cases at scale, study finds
A new report by the Capgemini Research Institute shows that less than a fifth (16%) of global businesses are adopting multiple automation use cases at scale, and reveals that organisations are focusing on operational gains versus strategic long-term growth. Over 40%
Moving items into carts does not mean the purchase is in the bag for UK online shoppers. According to the SAP Consumer Propensity Study focusing on online shopping behaviour, more than a third (38%) discard carts sometimes or all the time,
The UK non-food retail sector has become reliant on the demise of weaker operators to maintain growth for the survivors, according to GlobalData a leading data and analytics company.
Research showing the extent to which the UK is continuing to embrace herbal teas and fruit infusions at the expense of traditional English breakfast tea reveals potential for significant category growth for those suppliers able deliver the insights on how
As Brexit approaches, e-commerce pricing specialist Competitor Monitor has urged retailers to prepare themselves so that they have a happy Christmas – the last before the UK is due to leave the EU in 2019. An analysis of e-commerce retailers’ Brexit