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Department stores struggling despite consumer affection, YouGov reveals

Last year was challenging for retailers, with numerous profit warnings, store closures and job losses. Familiar high street names such as Toys R Us disappeared completely, with many blaming online shopping for the decline.

25/01/2019 | Data Time, Research | Read More

Retail environment is in crisis and department stores are in freefall, says Tamara Mellon

Tamara Mellon, co-founder and chief creative officer for the Tamara Mellon Brand, said that, “nobody will build the next billion dollar business how I built Jimmy Choo”. Speaking at the annual Fortune Most Powerful Women International Summit in London, she explainedthat

13/06/2017 | Retail News, Retailer News | Read More
Department stores poised to double takings this weekend, Worldpay reveals

Department stores poised to double takings this weekend, Worldpay reveals

As Black Friday heralds the beginning of the annual Christmas shopping rush, data from Worldpay reveals Britain’s department stores – the flagships of British retail – can expect to double their takings this weekend, with stores in the North of England set to benefit

28/11/2014 | Data Time, Research | Read More
Department store rivals fail to compete with John Lewis’s online strengths, reports Verdict

Department store rivals fail to compete with John Lewis’s online strengths, reports Verdict

John Lewis will extend its ecommerce lead in 2014 as the UK online department store market frontrunner, according to Verdict’s Department Store Retailing in the UK report. The retailer’s multi-channel proposition has propelled growth, and with Verdict forecasting the online

11/09/2014 | Data Time, Research | Read More

CBI: department stores, grocers and clothing stores report decline in sales growth

High street sales were flat in the year to November, disappointing retailers’ expectations for the second consecutive month, the CBI said. Department stores, grocers and clothing shops were some of the worst hit, whereas hardware & DIY performed very strongly,

27/11/2013 | Data Time, Research | Read More
Barclaycard: UK economy in recovery mode as consumer spend grows in August

Barclaycard: UK economy in recovery mode as consumer spend grows in August

Consumer spending in the UK continued its positive momentum in August 2013, according to Barclaycard’s monthly analysis of UK spending. Barclaycard, which processes nearly half of all credit and debit card transactions in the UK, said spending grew 4.4% year-on-year in

09/09/2013 | Data Time, Research | Read More

UK shoppers shake off austerity and push up spending, reports Barclaycard

Consumer spending in the UK continued to grow strongly in July 2013, according to Barclaycard’s monthly analysis of UK spending.   Total spending for the month was up 4.8% on the same month last year, driven by spending on groceries, petrol

12/08/2013 | Data Time, Research | Read More

Heatwave and summer sales help drive pick-up on the high street, reports CBI

Retail sales saw the first rise in five months in the year to July 2013, according to the CBI’s latest monthly Distributive Trades Survey. The survey of 60 retailers saw year-on-year high street sales this month grow at a stronger

29/07/2013 | Data Time, Research | Read More

Improving weather has positive impact on retail sales growth, Barclaycard reveals

Improving weather has had a positive impact on retailers and total spend growth, compared to April last year, was up 3.6%, according to new Barclaycard spending data.   After a slow start in April, consumer spending improved along with the

14/05/2013 | Data Time, Research | Read More

Cold weather boosts online sales but April spend falls by 4.8%, says Barclaycard

Retailers have received a double blow to early April spending from the usual post-Easter slowdown and from the unseasonably cold weather, according to spending data from Barclaycard. Combined, it found these created a 4.8% decrease in overall spending compared to

23/04/2013 | Data Time, Research | Read More

Department stores flourish in China and retail sales double in value, Mintel reports

Department stores are flourishing in China despite increasing competition from other formats and channels, according to new research from Mintel. Reflecting the increased wealth of Chinese consumers, and the increased disposable income this has brought with it, Mintel’s research reveals

18/03/2013 | Data Time, Research | Read More

Department store websites win traffic from fashion-driven shoppers, Kantar finds

Department store websites are increasingly popular with fashion-conscious consumers preparing for the festive season, the latest Kantar Media Compete Seasonal Shopper Insights reveals. Released today, the research shows in the run-up to Christmas, department stores saw a 9% increase in

13/02/2013 | Data Time, Research | Read More

UK fashion website adds ranges from top US department stores

ShopStyle.co.uk, an online fashion retailer launched in the UK in 2008, is adding the ranges offered by top US department stores – Barneys New York, Bloomingdale’s, Nordstrom and Saks Fifth Avenue – to its site. The introduction of international retailers

22/09/2011 | Online retailers, Online retailing specialist, Retail News, Retailer News | Read More

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