Shrinkage is costing UK retailers almost £11bn annually – the highest of any country in Europe, a new report has discovered. Following feedback from retailers in 11 countries, the report also reveals the most stolen items and tactics used by dishonest shoppers.
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
Retailers with large supply chains are struggling to digitise interaction with their suppliers despite huge desire to do so, according to a new study.
Artificial Intelligence (AI), payments, robotics and personalisation are dominating innovation in the retail technology industry, according to a new league table. Conducted in partnership with Webloyalty, Retail Insider’s Digital Retail Innovations Report 2019 celebrates the top 60 global retail technology
Bakeries compete for bigger slice of £22.5bn food-to-go market and get into click & collect and delivery
Global information company The NPD Group says data from its new Bakery Trends Tracker report show bakery outlets have over the past year (YE April 2019) seen the strongest growth in on-premise business among major British quick-service restaurant (QSR) channels,
SMEs are flourishing in the UK, according to a study published by GS1 UK, the standards body that licenses barcodes in Britain.
After disappointing weather and no Royal Weddings in the social calendar, May continued the discouraging 2019 trend of below-average sales growth, with just +1.9% Year-on-Year (YoY), according to the latest IMRG Capgemini eRetail Sales Index. When compared to this time
To coincide with the imminent launch of the Wizards Unite app game, latest analysis by The NPD Group reveals that one Harry Potter toy is sold every five minutes in the UK, making it second only to Star Wars in
The launch of GroceryAid’s 2019 Impact Report once again shows an increase in the number of people receiving support from the charity. GroceryAid helped 15,784 people in need last year, an 8% increase overall.
New report calls on government to make occupational health services tax exempt to support workers health and boost economy
The John Lewis Partnership today calls on the Government to make all occupational health services tax exempt, to encourage employer investment in the physical and mental health of workers.
A recent study of UK consumers, conducted by automotive retailer Peter Vardy, found that over a quarter of Brits would be happy to buy a car online, having never seen the vehicle in person.
Footfall declined by 3.5% in May, compared to the same point last year when it declined by 0.4%, according to the latest BRC/Springboard retail footfall figures.
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
The Food and Drink Federation (FDF) has today published analysis showing that in the first quarter of 2019 food and drink exports increased by 10.7% (y-o-y) to £5.8bn, almost twice the growth rate of Q1 2018 (+6.3%) and the biggest
Digital technologies are revolutionising the way the food and consumer goods industry operates and online sales are forecast to grow 163% by 2023 across major markets, according to a new report from research organisation IGD, in association with The Consumer Goods Forum.
New research conducted by dunnhumby media, part of dunnhumby, the global leader in Customer Data Science, has unveiled an unrealised potential worth £1.7bn for UK retailers - and around £100 million for each of the three largest grocery retailers in
The Workforce Institute at Kronos Incorporated today issued a global survey of 3,400 members of Generation Z1 across 12 countries that found contradictory revelations from the newest segment of the workforce.
International shopper confidence is restored across Europe a year on from terror-related sales slump
Retail sales to international shoppers in Europe grew by a healthy 11% in April following a torrid period a year earlier. The latest sales figures mark a 19-percentage-point improvement on April 2018’s 8% sales dip – a period that followed
Better clothing designs for men, more styling options and an improved shopping experience are all helping to drive men’s fashion sales, according to research from the Fashion Retail Academy.
Having a go at home improvements may be more costly than we think, according to a recent study by construction supplier Burton Roofing.
New data released today by Adyen, the payments platform of choice for many of the world’s leading companies, has revealed that flawed customer experiences cost British retailers up to £102 billion in lost sales each year.
Easter fails to provide boost for subdued online retail sales, IMRG Capgemini eRetail Sales Index finds
After a disappointing first quarter, Easter failed to deliver a boost to online retail sales, with April recording sales growth of just +5.2% Year-on-Year (YoY), according to the latest IMRG Capgemini eRetail Sales Index. This compares poorly to a very
People’s growing affinity with their pets is driving demand for premium pet care products, with Asia-Pacific as the fastest growing market for consumer spending in household and pet care. The region is forecast to achieve the highest added sales globally
Marketing to men, retailers? Research shows the risks of sticking with old-fashioned male stereotypes
New research has shown that British retailers need to rethink how they market to men: many old-fashioned, dated and perhaps toxic views of masculinity are still prevalent among UK males, thanks in part to the stereotypes seen in advertising, particularly
Retailers launching a new range or collection are being encouraged to focus on experiential marketing activations, as new research reveals that nearly three out of four (73%) of people in the UK and US are more likely to purchase a
Gift cards are playing a growing role in driving customer loyalty and engagement, according to the latest research published by the UK Gift Card & Voucher Association (UKGCVA).