Brits set to spend £29.6 billion on Christmas gifts, despite 60% cutting down on present costs
The UK is planning to spend £26.9 billion on Christmas gifts this year, according to new research from personal finance comparison website finder.com.
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
Retail is king in battle of Christmas ads, says behavioural science marketer
Effectiveness Agency System1 has released its annual Christmas Ad Top 10, from the industry’s most comprehensive testing program. The company tested over 70 different campaigns over the last month to find out which brand – big or small – made
Food and Drink Federation: UK exports to China see largest value increase this quarter
The Food and Drink Federation (FDF) has published a report today showing that Q3 food and drink exports have increased by 8.3% (y-o-y) to £6.2bn, largely driven by export value growth to non-EU countries (+13.1%), which was over twice that
NPD Goup: five eating out trends to watch in 2020
Global information company The NPD Group has identified five trends that could shape Britain’s £57 billion out-of-home (OOH) foodservice industry in 2020, with the need for increased sustainability from foodservice operators a clear theme. NPD Group analysts say consumers expect
Shoppers vote to hold back on festive spending, finds Kantar
The latest grocery market share figures from Kantar show year-on-year supermarket sales growth slowed again during the past 12 weeks to a modest 0.5%. Amid the uncertainty of a General Election, a lacklustre Black Friday and a wet autumn, shoppers
83% of customers would use POS finance when purchasing from SME retailers
As buy now, pay later payment options continue to surge in popularity, new research finds that the majority of customers (83%) would use point of sale (POS) finance when purchasing from SME retailers.
One in five UK consumers are buying counterfeits in lead up to Christmas, Incopro reports
As the countdown to Christmas begins, new research has discovered that one in five Brits have knowingly chosen fake goods, with over a third (36%) of those people purchasing more than four in the last 12 months.
ThoughtWorks finds retail sector most vulnerable to tech threats post Brexit
Retail is the sector where UK businesses are most likely to feel exposed to a series of threats to business growth in 2020. With the demise of Mothercare, news of Sainsbury’s profits diving 90%[1] and Marks & Spencer reporting
Morrisons is cheapest supermarket for Christmas dinner food shop, online price checking shows
An online price tracking website tracked 18 of the most popular items Britons buy for their Christmas dinner across seven of the major supermarkets to determine which one is cheapest.
The Food and Drink Federation and Santander launch Food and Drink Industry Report 2020
The Food and Drink Federation and Santander have launched a new report highlighting the growth opportunities and challenges for the food and drink sector for 2020.
Toy-filled advent calendars appeal to all ages – young, old and ‘kidult, reports NPD
Sales of toy-filled advent calendars are up 5% on 2018 based on sales to 23 November, making the UK market worth £16 million per annum. In the final month in the run up to Christmas, many children – and adults
SMEs predict alternative payments methods will dominate in 2020
According to research commissioned by Global Payments UK&I, conducted by Censuswide, SMEs anticipate that 2020 will signal a shift in the way payments are made. Pay By Bank, whereby a payment can be made directly from a customer’s bank, is
Festive fury friends: 75% of UK pets will be getting a present this Christmas
Our fury (or scaly) friends won’t be missing out on the Christmas joy this year, with three-quarter (75%) of them set to receive their own Christmas present, according to a recent survey with pet owners from Cox and Cox.
International shoppers: British retail’s Christmas miracle?
The British high street is facing a crisis; the number of empty shops stands at a record high, with a vacancy rate of 10.3% (BRC). Footfall continues to fall as British shoppers shun the high street and shopping centres in
Over 75% of UK grocery shoppers switch, avoid or boycott brands because of environmental policies, says Kantar
Over 70% of consumers agree the response from businesses to the environmental damage being caused to our planet is ‘too little, too late’
UK consumers demand ethical and sustainable food, says new industry report
A new report published today reveals that 75% of UK shoppers want supermarkets to only stock food from sustainable and ethical sources. Adding even more pressure for retailers already on the frontline of heightened consumer demands, 72%of UK shoppers also
UK shoppers do Christmas on Black Friday, Bloomreach research reveals
With the dust beginning to settle on another record-breaking Black Friday, Bloomreach data suggests that consumers were eager to get their Christmas presents early this year. Based on this year’s data, Bloomreach saw UK shoppers seek to wrap up this
Sales volumes for Black Friday week – 25 November to 2 December – up 7.1% on 2018, Barclaycard reports
Rob Cameron, CEO, Barclaycard Payments said: “Retailers will be delighted to see that sales volumes for the full week of Black Friday (Monday 25 November – Monday 2 December) were up 7.1% compared to last year.
American Express: 40% of small businesses becoming more social media savvy
Forty per cent of small business owners say they have made changes to their business to make it look more appealing on social media, according to research by American Express.
UK retailers to regain £7.23 million each year by going cashless, data shows
Analysing the annual revenue of the UK retailers with the fastest profit growth reveals a total potential recovery of £7.232 million each year as a result of refusing cash payments.
Halal consumer market will hit $2.5 trillion globally in 2020, AT Kearney reports
Analysis from global consultancy AT Kearney has found that the global halal market is set to exceed $2.5 trillion for the first time in 2020, and will continue to grow to hit $3 trillion in under five years.
Millennials and Generation Z are driving digital-first future of customer experience, finds NICE inContact
NICE inContact today announced findings from its global research study exploring the impact of Millennials and Generation Z on digital-first omni-channel customer experiences. The third annual 2019 NICE inContact Customer Experience (CX) Transformation Benchmark details how understanding younger generations’ use
IGD: 71% of shoppers are aiming to reduce their environmental impact this Christmas
Sustainability, ethics and saving money are prominent themes for food and grocery shopping this Christmas, according to the latest research from research organisation IGD. Following the growing interest in sustainability and plant-based diets over the past year, the Christmas period
Springboard: Black Friday saw a rise in footfall of +3.3% vs. 2018
Retail intelligence expert Springboard today announced that Black Friday saw a rise in footfall of +3.3% in comparison to 2018. Shopper numbers increased in all three destination types with shopping centres faring the best with an increase in
Barclaycard releases real-time transaction data on Black Friday spending
Barclaycard is today releasing real-time transaction data and commentary on Black Friday spending.
