Retailers

Mar- 2018 -

7 March

B&M removes pet treat after dog dies

Discount retailer B&M has removed a doggy treat from its stock after a customer claimed it caused the death of her pet dog Harley. Customer Debbie McQuat from Stevenson posted the message on her Facebook which read: “Heartbroken to be putting this post up but if it saves the life of…

5 March

Retailers ‘want more apprenticeships’ to develop future workforce

New data from the British Retail Consortium (BRC) has suggested that retailers want to commit to more apprenticeships in the coming years. In a survey of UK retailers, 86 percent indicated they would increase the number of apprenticeships they offer in the next two years. In England, retailers are committed…

1 March

Mother’s Day spending spree set to lift high street sales

Spending analysis from Liberis, a leading small business finance provider, has revealed that British shoppers are expected to shell out over £5bn in extra Mother’s Day spending compared to 2017. On average, Liberis predicts high street retailers’ card transactions will increase by eight percent compared to a normal weekend. …

1 March

UK shoppers put off by irrelevant retail offers

According to consumer research conducted by point of sale marketing firm Ecrebo, more than four in 10 (44 percent) UK shoppers shy away from brands that don’t offer them personalised, relevant offers. The aim of the research was to gauge consumer attitudes toward retail loyalty schemes, the benefits they offer…

1 March

Shoppers shun high street for online as January sees strongest growth since 2013

Online retail delivery order volumes were up 20.6 percent year-on-year in January, according to the latest data from the IMRG MetaPack UK Delivery Index. This was the strongest January growth for online order volumes since 2013. During the same period, footfall fell to its lowest January rate in five years…

Feb- 2018 -

28 February

High street banks urged to continue taking in old £10 notes to ‘save’ retailers

Retailers are continuing to hand out old £10 notes despite them ceasing to be legal tender on 1 March 2018. However, the Bank of England has not asked shops to stop giving them as change, which could cause issues as £2bn effectively becomes unspendable. The British Retail Consortium said: “It…

23 February

Retail sales growth slows for third consecutive month

UK retail sales growth slowed for the third month in a row, according to CBI’s Quarterly Distributive Trades Survey. A growth in sales volumes was recorded in the grocers, hardware and DIY, and non-store goods (i.e. internet and mail order) sub-sectors. However, sales fell in clothing, footwear and leather, department…

21 February

UK retailers ‘self-restricting’ growth due to limited payment options

The UK’s top retailers are limiting online sales potential by up to 30% by not offering a range of payment options. A study, carried out by ecommerce and digital agency Visualsoft, found that almost one in five (19%) of the UK’s top 240 retailers are failing to offer a payment…

20 February

UK online retail sales see 13.9 percent YoY growth

UK online retail sales were up 13.9 percent year-on-year (YoY) in January, according to the latest figures from the IMRG Capgemini e-Retail Sales Index. With rainfall above average in January, and the lowest January high street footfall recorded in five years, consumers turned to online shopping in the beginning of…

19 February

Third of SME retailers expect Bitcoin on high street in two years

Cryptocurrency will be a regular thing on the UK high street say a third of SME owners. A study conducted by payments provider Paymentsense showed that 35 percent of SME owners surveyed expected to see Bitcoin and other forms of cryptocurrency on the high street within the next two years.…