National and independent businesses are uniting to inject over £4.6 million into the UK economy in 2021 through local gift card schemes. Over 8500 businesses are part of the pioneering Town and City Gift Card concept from payments provider Miconex, local gift cards for over 100 places in the UK and Ireland which can be spent with retail, […]
Today, intelligent marketing service Upside releases its first industry white paper on retail loyalty, which identifies that the value of one loyal customer is equal to that of twenty-two non-loyal customers. Based on analysis of actual spend data, rather than surveyed data, the white paper offers unique retail insight from open banking data in the […]
Responding to the latest ONS jobs figures, which show 3.015m jobs in retail, down 89,000 year-on-year, Helen Dickinson, chief executive of the British Retail Consortium, said: “The UK retail industry lost 89,000 jobs when compared with Q2 2020, bringing the total to 3.015 million retail jobs in the UK. Despite strong retail sales in recent months, the industry has been weighed down by continued low footfall in shopping centres and city […]
Sausage Wars may be capturing the headlines, but that’s not the only urgent deadline facing UK-EU negotiators. The extension to the NI Protocol grace period expected to be announced this week must include parcels, urges ParcelHero. In March, the UK government announced it was unilaterally extending the grace period on parcels and home deliveries to […]
After encouraging signs in July of a possible bounce back to positive growth, online retail sales failed to make up much ground in August – slowing their fall only slightly to -9.3% year-on-year (YoY). That is according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. […]
Now that we have passed the period from 2020 that was under strict lockdown conditions, this analysis will return to primarily reporting the sales results on a year-on-year basis. However, for certain measures a two-year comparison remains useful, which will be clearly signposted below. Covering the four weeks 1 – 28 August 2021 On a […]
The festive season may be months away, but major retailers usually start stocking up for Christmas in September. This year, however, the international delivery expert ParcelHero says the government’s Brexit hubris means it is refusing to allow EU-based drivers to return and end Britain’s HGV driver shortage. ParcelHero’s head of consumer research, David Jinks M.I.L.T., […]
According to Savills, the European retail sector is increasingly looking more attractive to opportunistic investors, based on recent developments in the UK that tend to forecast real estate developments in wider Europe. In a world where high yields are increasingly hard to find, whether in real estate or other sectors, good UK shopping centres where […]
Covering the four weeks 01 August – 28 August 2021 2020 was a turbulent year in which much of retail bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all 2021 figures are compared with 2019 (pre-pandemic). This means our 2021 figures are now year-on-two-years (Yo2Y), rather […]
Period Covered: 02 – 06 August 2021 Shop Price deflation eased to 0.8% year-on-year in August compared to July’s decrease of 1.2%. This is a slower rate of decline than the 12- and 6-month average price decreases of 1.5% and 1.2%, respectively. Non-food deflation slowed to 1.2% in August, compared to a fall of 1.8% […]
25/08/2021
Edition 293 – July/August 2021
Who tends the flame? By Business Money group editor Robert Lefroy Interview:...
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