Last year was a significantly tough year for businesses across an array of industries, with factors such as coronavirus and the subsequent lockdown measures compounding the underlying challenges created by Brexit.
Online shopping has boomed over the last two decades. As our reliance on digital technology has increased, our scepticism of online spending has decreased.
UK consumer spending showed resilience in July, according to Visa’s latest UK Consumer Spending Index. It shows consumer spending has risen +1.6% year-on-year in July, an improvement over May (+0.8%) and June (+0.9%), but still lower than the average growth
Martin Summerscales, head of retail consultancy, CBRE, says the battle for retail spend is moving from the high street to out-of-town retail parks Out-of-town retail parks have become an essential ingredient in the UK economy. The sector provides employment for a
High street sales growth accelerated in the year to December, according to the CBI’s latest monthly Distributive Trades Survey, which covers the crucial run-up to Christmas.
Birmingham’s new Grand Central shopping centre encapsulates the future for high street retail, argues Heiner Evanschitzky, professor and chair of marketing at Aston Business School There are many challenges facing today’s bricks and mortar retailers as the market reshapes to match
Today The Local Data Company’s latest report on vacancy rates entitled ‘Mind the Gap’ will be presented at LDC’s 11th Retail Summit at the offices Freshfields Bruckhaus Deringer in London. It analyses over 3,000 town centres, shopping centres and retail
Akamai, a leading provider of cloud services for delivering, optimising and securing online content and business applications, has announced the figures for retail traffic volumes on its intelligent platform at the end of November, and simultaneous research carried out with
As long queues, disappearing stock and impersonal service cause tensions to boil over on the high street during the annual festive shopping spree, research by Worldpay, the UK’s leading payments processor, reveals just under a third of UK Christmas shoppers have
It’s time to start up the Christmas music, dust off the tinsel, and order the Santa hats, as transaction data from Worldpay reveals the last week in October is the official start of the pre-Christmas shopping rush. According to Worldpay, Britain’s
An international advertising expert – who’s given talks for major companies across Europe – has teamed up with Nottingham Trent University, to host an event to inspire profitable business in a changing high street. Marie Stafford, foresight director at JWT
One iota, the cloud-based multi-channel retail technology specialist in online, in-store and interactive solutions, has reached a significant company milestone by installing its technology in over 1,000 high street stores. Founded in 2010 by Damian Hanson, CEO and David Hague,
Footfall in August was 1.1% down on a year ago, down on the 0.6% fall in July and below the three-month average of a 0.8% decline, according to he August BRC-Springboard Footfall Monitor. Out-of-town reported the only rise, 2.9% higher
Groupon search has found that Brits are likely to spend up to £61 more a year on their high street if their local shop keeper gets to know their name. This is particularly good news for customer-friendly retailers, as the research
Britain’s high street businesses are using energy to gain a competitive advantage on rivals, according to new research by E.ON which advised that old or inefficient appliances could be punishing their attempts to increase revenue. The study revealed that more than
Footfall in May was 0.2% down on a year ago, marginally down on the 0.1% fall in April and below the three-month average of a 0.6% increase, according to the latest BRC-Springboard Footfall Monitor. Footfall on the high street was 0.9%
As climate becomes more and more a focus for people there appears to be a perceived lack of effort by businesses to be more eco-friendly, which could be costing the UK high street millions of pounds a year, a survey
Despite government moves to boost the high street, Britain’s retailers are under intense pressure and in the last year 75% of property management firms have witnessed retailers attempting to renegotiate the terms of their leases with landlords. That’s according to
As this year’s Christmas shopping season reaches its conclusion, technology entrepreneur and CEO of Powa Technologies, Dan Wagner, proposes a synergy between traditional retail and innovative technologies to save the UK’s high streets Over the past few years there have
British consumers are expected to spend freely this Christmas but, practical presents will still top festive shopping lists, according to a survey of high street retailers by Barclays. More than half of retailers (52%) feel more confident about Christmas trading
Philip Duffy and David Whitehouse from global financial advisory and investment banking firm, Duff & Phelps, were appointed joint administrators of footwear retailer Barratts Shoes on 8 November 2013. The joint administrators are reviewing the company’s financial position whilst seeking a
The perfect shopping trip involves a four hour trawl around stores, one cup of posh coffee and a cake – and a modest £117.32 dent in the bank balance, it has been revealed. Researchers, who polled 2,000 women who are
Parents have five top requests from cafés and shops on UK high streets, according to research released today by GMI (Global Market Insite), a provider of technology-enabled solutions for global market research. Its study shows how parents of pre-school children
Retailers in the UK have been urged by a legal expert to think carefully about how they approach the coming months despite increasingly encouraging signs that the sector has well and truly turned the corner. Figures from the British Retail
Wearable technology devices could be set to revitalise the role of physical retail stores, according to a new report from digital commerce solutions provider Venda, conducted by YouGov. The Wearable Technology: The High Street’s Secret Weapon?report polls the views of 2,043 UK
