According to the latest report by Savills, commissioned by the UK Warehousing Association (UKWA), online retailers have increased their warehouse footprint in the UK from 8 million to 60 million sq ft (743,224 sq m to 5.57 million sq m) in the past six years, a jump of 614%. This can largely be attributed to […]
Dr Gordon Fletcher, retail expert at the University of Salford Business School, comments on the failed takeover of Morrisons and what it means for the supermarket wars. He said: “Morrisons rejection of a £5.5bn bid from the US private equity group Clayton, Dubilier & Rice is the first salvo in a post-pandemic grocery shakeup. While […]
Retail’s return has hit a rocky patch, says the home delivery expert ParcelHero. The latest retail figures from the Office for National Statistics (ONS) reveal sales values in May were up 27% year-on-year, but unexpectedly fell -0.8% between April and May (and -1.4% in volume). A -5.7% drop in food store sales offset the gains […]
Responding to the latest ONS jobs figures, which show 3.042m jobs in retail, up 1,000 year-on-year, Helen Dickinson, chief executive of the British Retail Consortium, said: “UK retail gained 1,000 jobs as compared with Q1 2020, though this includes over half a million workers on furlough at the time. The year-on-year rise also reflects the […]
Today, leading global payment service provider, emerchantpay, publishes the first instalment of its New World, One Market Report, a new research study examining consumer behaviour when it comes to post-pandemic payment preferences. Chapter One of the study reveals that the national shift to digital payments, which has been dramatically accelerated due to the Covid-19 pandemic, […]
2020 was a turbulent year in which much of retail bounced between being open and closed, significantly impacting sales and the ability to make meaningful comparisons. In this context, all 2021 figures are compared with 2019 (pre-pandemic). This means our 2021 figures are now year-on-two-years (Yo2Y), rather than year-on-year (YoY). Covering the four weeks 2 […]
Covering the four weeks 2 – 29 May 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 than […]
Period Covered: 03 – 07 May 2021 Shop prices fell by 0.6% year-on-year in May, a slower decline than April’s decrease of 1.3%. This is below the 12- and 6-month average price decreases of 1.7% and 1.8%, respectively. This is the slowest rate of decline since February 2020. Non-food deflation continued to slow in May, […]
On 30 June 2021 the moratorium on aggressive debt collection from commercial landlords will end, opening up thousands of retailers to legal action. With many retailers closed for large periods during the last fifteen months, many have accrued huge debts that they are only just beginning to be able to pay. Total rent debt is […]
The British Retail Consortium (BRC) has today published its 2021 Retail Crime Survey, which highlights the scale of violence and abuse faced by retail staff. The survey shows there were 455 incidents of violence or abuse each day in 2019/20, up 7% from 2018/19. The findings also show that the total cost to retailers of […]
