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 five weeks 3 – 30 October 2021 On a […]
Covering the four weeks 03 October – 30 October 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 […]
60% of UK retailers are taking more business risks than before the Covid-19 pandemic. According to research conducted by Opinium and LiveArea, a Merkle Company, businesses are reacting to changes in consumer behaviour and gambling on new services or offerings. As well as taking more risks, the process of implementation has sped up. When it […]
Period Covered: 01 – 07 October 2021 Shop Price annual deflation eased to 0.4% in October compared to September’s decrease of 0.5%. This is a slower rate of decline than the 12- and 6-month average price decreases of 1.3% and 0.7%, respectively. This is the slowest rate of decline since January 2020. Non-food deflation was […]
Square, the globally trusted software, payments, and hardware solution for businesses of all sizes, has today released new research that looks at the Future of Restaurants and the Future of Retail in the UK. The reports uncover how retailers and restaurateurs are taking control of their future by delivering on customers’ evolving expectations, focusing on […]
Our spending habits have changed drastically over the last 18 months as the world of retail has been forced online as a result of the global pandemic. Now the high street has reopened, only 42% (-16% since the pandemic) of consumers have returned to shopping from their weekly. Alongside the ever-growing takeover of the digital […]
In order to save the Great British high street of the 21st century, we need to go back in time and take inspiration from the 17th century. Indeed, findings from a new report published today by Britain’s community bank, Metro Bank and Britain’s leading consumer futurist, Will Higham, reveal the future of the high street actually lies 400 […]
Office for National Statistics (ONS) retail sales figures for September saw the record broken for the longest period of decline since records began, 25 years ago. September’s -0.2% decline in the volume of sales was the fifth straight fall in a row, says the home delivery expert ParcelHero. ParcelHero’s head of consumer research, David Jinks […]
Responding to the latest ONS Retail Sales Index figures, which showed a 0.0% year-on-year sales growth in September (non-seasonally adjusted retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “Retailers will be concerned by the slump in sales, just as they begin their preparations for the all-important Christmas period. […]
As the CEO of the UK’s largest toy retailer warns that port delays will result in shortages this Christmas, new data reveals consumers plan plans to get Christmas shopping done earlier than ever before, a potential cause of exacerbation of the UK’s already stretched supply chains. New findings shows that almost half (47%) of UK […]
