The first quarter of 2019 saw leisure spending off to a good start, up two percentage points from Q1 2018, according to Deloitte’s latest Leisure Consumer report. The quarterly survey of 3,000 UK adults found that consumers continue to seek
UK consumer confidence saw modest quarterly growth of one-percentage-point (to -8%) in the first quarter of the year, according to the latest Deloitte Consumer Tracker. However, confidence is down by two-percentage-points compared to the same time last year.
Deloitte: retail administrations rise for second consecutive year while large retail CVAs experienced a seven-fold increase
The number of retailers entering into administration in 2018 was 125 - compared to 118 in 2017, a marginal increase of 6% according to Deloitte’s latest insolvency figures. In addition the number of retailers entering into Company Voluntary Arrangements (CVAs)
UK consumers are benefiting from record levels of pre-Christmas discounting in 2018, according to analysis of more than 800,000 products by Deloitte.
UK retailers brace for fiercely competitive Christmas amid cautious consumer appetite, says Deloitte
UK consumers intend to spend £567 (€646) this Christmas, according to the latest findings from Deloitte’s 2018 European Christmas Survey. The research, based on responses from 9,169 consumers across 10 European countries, reveals a modest increase in expected spending in
UK retail sales increased by 0.7% in July 2018, compared with the previous month, recovering from a decrease of 0.5% in June 2018, according to the latest figures from the Office for National Statistics (ONS). When compared with the same month
The retail and consumer packaged goods (CPG) industry is well placed to take advantage of blockchain opportunities which could revolutionise their operations and processes, according to findings from a new Deloitte report.
Deloitte has published its Digital Predictions 2018 report. Consumer-facing businesses will need to respond to six major digital technology trends this year, which all have the potential to radically alter their customer relationships.
The number of retailers entering administration increased from 92 in 2016 to 118 in 2017, an increase of 28%, according to new analysis from Deloitte. This is the first increase in the last five years, and significantly records an uptick
Retailers need to act now and rethink both their organisation and workforce in order to prepare their business for changes in the retail sector, according to findings from a new Deloitte report. Retail Productivity: Shop for tomorrow’s workforce looks at the
The retail industry has faced many challenges over the last 20 years but rising cost pressure, lower pricing power and the need to invest in digital transformation will test retailers’ mettle in 2017, according to Deloitte, the business advisory firm.
More consumers are now purchasing products online rather than in store, according to new research from Deloitte, the business advisory firm. The findings come from a survey of 2,000 UK consumers, published today in the latest Deloitte Consumer Review: CX
TXT Retail has announced that Furla, the Italian fashion company of high-quality bags, shoes and accessories, has selected the TXTPlanning solution as its corporate Planning platform. From London to Tokyo, from New York to Singapore, TXTPlanning will support Furla in planning
For the fifth year in a row, consumers are enjoying bigger pre-Christmas discounts than they did in the previous year, according to analysis from Deloitte, the business advisory firm. The research includes analysis of almost two million products for sale
Checkpoint Systems, a leading global supplier of merchandise availability solutions for the retail industry, has announced that more than 45% of the top-50 global retailers as identified by Deloitte are now source tagging some merchandise categories using Checkpoint Systems processes. Source tagging
One fifth of high street shops affected by administration in last five years remain vacant, Deloitte shows
Just 20% of high street shops affected by 27 high profile administrations since 2009 are still vacant, according to new research from Deloitte, the business advisory firm. Using Local Data Company (LDC) data on nearly 5,900 shops, Deloitte’s analysis shows
Online spend on dresses and white goods in the UK and Germany is incremental to store sales, eBay study finds
Online spend in dresses and white goods by shoppers in the UK and Germany is incremental to non-store shopping not cannibalisation, a new study for eBay has found. eBay commissioned Deloitte to prepare a study of the omni-channel retail trend and
One of the UK’s leading small business advice organisations has welcomed a new report that reveals that only 30% of SMEs in the UK invest in advertising as a way of stimulating competition, innovation and expansion. The report – Advertising
Smartphones will influence £18bn of UK store sales this year, according to the latest research from business advisory firm, Deloitte. In contrast, consumers will make only £5bn of sales directly on mobile devices (including both smartphones and tablets); less than
The rise in the number of corporate insolvencies, announced today by the UK Insolvency Service for Q2 2013, reveals the true health of the broader economy according to Philip Duffy, partner at Duff & Phelps, a leading independent financial advisory and
The number of retailers falling into administration in the first half of 2013 fell by 30% to 87, compared with 124 in the same period last year, according to research by Deloitte, the business advisory firm. The outlook is showing
Seventy two per cent of UK consumers now have a smartphone device, compared to only 58% 10 months ago, according to new research from business advisory firm, Deloitte. The rapidly rising importance of mobile to retailers comes as a result
Blockbuster has been sold by joint administrators, Deloitte, to restructuring specialist, Gordon Brothers Europe, for an undisclosed sum. Under the terms of the deal 264 stores will be retained along with around 2,000 jobs. The brand will be licensed from
Joint administrators to Blockbuster have confirmed plans to close 129 stores over the coming weeks as part of a phased closure, in addition to 31 which had already been put on notice of closure. During this time there will be
Administrators have been appointed at the DVD and video games rental company, Blockbuster. Lee Manning, Matthew David Smith and Neville Kahn, partners at Deloitte, the business advisory firm, have been appointed joint administrators to Blockbuster Entertainment and Blockbuster GB. The