As the festive period begins, the British Retail Consortium and UKHospitality have come together to urge the public to be kind and considerate to people who work in retail and hospitality, as well as fellow customers when doing their shopping, dining out or going for a festive tipple this Christmas. The plea comes as violence […]
Covering the four weeks 29 October – 25 November 2023 According to BRC-Sensormatic IQ data: Total UK footfall decreased by 0.7% in November(YoY), an improvement on -5.7% in October. High Street footfall decreased by 1.7% in November(YoY), an improvement on -4.6% in October. Retail Parks footfall decreased by 1.0% in November(YoY), an improvement on -4.3% […]
Celebrating its eleventh year in the UK, Small Business Saturday has become a well-established fixture in the business calendar. New analysis conducted by Clover in the UK indicates that the marketing initiative is yielding positive results for small and medium enterprises (SMEs). Analysis of spending in recent years shows that consumer spending has increased by […]
The annual survey is a ‘state of the nation’ on delivery. It examines the types of delivery and returns services that retailers are providing, how the information is presented, the areas that could be improved and the impact to both consumers and retailers of getting delivery and returns right. With returns, retailers often debate whether […]
Responding to today’s CMA report, “Price inflation and competition in food and grocery manufacturing and supply”, Andrew Opie, director of food & sustainability at the British Retail Consortium, said: “We welcome today’s CMA report, which confirms many of the BRC’s own findings about the grocery sector. The CMA found that own-label goods offer competitive prices […]
Despite current economic headwinds, new research conducted by Savills reveals that a number of European prime retail markets are now in recovery. In particular, the international real estate advisor notes that luxury spend in Europe has proved to be more immune to the squeeze on consumer spending seen this year, helped by the resumption in […]
The total value of refunds and charge disputes could be as high as £13.2bn per year in the UK, with the cost implications for retail Britain set to be greater still, according to new research from the Digital Solutions team at Equifax, that specialises in fraud detection and chargeback management solutions offered on its Kount-branded […]
Retail experts at leading fashion sales website Love The Sales have revealed that the most heavily discounted product this Black Friday was women’s jackets, seeing an average of 25% increase in discounts compared to 2022, from an average of 20% discount in 2022 to an average of a 45% discount in 2023. A study from […]
Period Covered: 01 – 07 November 2023 Shop Price annual inflation decelerated further to 4.3% in November, down from 5.2% in October. This is below the 3-month average rate of 5.3%. Shop price growth is at its lowest since June 2022. Non-Food inflation fell to 2.5% in November, down from 3.4% in October. This is […]
Commenting on the data, Jacob Spencer, head of commercial at BR-DGE said: “UK retailers have been quick out of the starting gate this past week to announce Black Friday discounts and deals, particularly as consumers look to reduce the overall costs of their Christmas spending. While shoppers look to secure big savings from this year’s […]
