Figures released today by the Office for National Statistics (ONS) make grim reading for retailers, revealing a slump of -1.9% in the volume of sales during 2020 when compared to 2019. That is the largest year-on-year fall on record. In contrast, the value of online sales played its part in preventing an even greater disaster, […]
2021 has kicked off with non-essential stores closed once again and more big-name retailers struggling for survival. The home delivery expert ParcelHero reveals the 30 biggest names to fall into receivership in 2020 and warns that, unless stores get to grip with e-commerce, this could be just the tip of the iceberg. The home delivery […]
UK online sales growth remained solid throughout December, coming in at +37% year-on-year (YoY) for the month and driving the annual figure to a staggering 13-year high. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. Closing a turbulent year, which was underscored by […]
Monthly figures cover the five weeks 29 November 2020 – 2 January 2021. In December, 12m figures are equivalent to the 2020 annual change on 2019. For 2020 overall, total sales declined 0.3% compared with 2019; this is a record low (records began in 1995). Food growth was 5.4% and the non-food decline was 5.0% […]
Covering the five weeks 29 November 2020 – 2 January 2021 According to BRC-ShopperTrak data: Total year-on-year footfall for 2020 fell by 43.4%. Year-on-year UK footfall decreased by 46.1% in December, a 19.3 percentage point improvement from November when England was under lockdown. Footfall on high streets declined by 49.5% year-on-year. This was the worst […]
In the wake of another lockdown the national discount scheme, My VIP Card, is offering UK shoppers a way to take advantage of thousands of deals whilst supporting local and small businesses with a network of over 1,000 online local shops. These small businesses can now sign up for free and will benefit from their […]
Following the sudden imposition of new lockdowns across the UK, the courier services expert ParcelHero says retailers and home delivery networks are braced for a massive surge in deliveries. It says that, unlike the first lockdown, online retailers and their delivery partners are well-prepared for the huge rise in demand. The sudden imposition of Lockdown […]
Period Covered: 01 – 07 December 2020 Shop prices fell in December by 1.8%, the same rate of decline as in November. This is below the 12- and 6-month average price decreases of 1.4% and 1.6%, respectively. Non-food prices fell by 3.2% in December, compared to a decline of 3.7% in November. This is below […]
Responding to the announcement of a national lockdown in England, Helen Dickinson, chief executive of the British Retail Consortium, said: “The continued rise in Covid cases over the Christmas period is a significant cause for concern, and we understand the need for the government to act. Retailers have been playing their part to make stores […]
Britain’s November retail sales decreased by 3.8% in volume and 4.1% in value when compared with October. This fell during a period when all non-essential retail stores were closed in England from 5 November to 2 December. Contrast between the sector’s winners and losers remains stark. Food store sales were up 3.1% and household goods […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
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