Despite an increased need to stand out from the crowd in the online shopping market, retailers must not jump to creating unique, experiential experiences for customers, until they can guarantee basics such as ease-of-use, speed and security are established and unflawed. This is according to James Allen-Lewis, development director at Sonassi. A recent KPMG whitepaper […]
Before coronavirus, Shropshire based Capital Cashmere relied on county shows, game fairs, horse events and pop up shops to sell its cashmere clothing and accessories. With lockdown in place and cashflow tied up in stock and event deposits, owner Alan Ball had no alternative but to furlough his employee. Discussions with Santander identified a multi […]
Responding to the latest ONS Retail Sales Index figures which showed a 4.1% increase in overall sales (retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “It is clear that the retail industry is entering a period of fragile recovery, with August showing the third consecutive month of growth. […]
Ahead of the ONS retail sales release for August, Yolt, the smart-thinking money app, has revealed new data which demonstrates that, when compared to February before the pandemic was declared, spending on shopping went up 36% in August. The data also revealed that users had been spending more, but less often, when compared to February, […]
Responding to the government announcement to extend the rent moratorium, Tom Ironside, director of business and regulation at the British Retail Consortium, said: “We’re pleased that govt has listened to us and others on the issue of rents. It remains a difficult time for store-based retailers, who face high costs from coronavirus safety measures, and […]
Leading alternative lender to mid-sized businesses, ThinCats, has supported the largest independently owned greetings card publisher in the UK, Carte Blanche Greetings (CBG), with £2.3m CBILS funding to provide working capital. Founded in 1987 with a range of just 12 cards, Carte Blanche Greetings is now an award-winning creator, distributor and licensor of character-branded products, […]
Online sales growth continued to slowly slide in August, falling against July by -4.1%. While overall sales remained strong – growth was up +43.5% year-on-year (YoY) – this result dipped below the rolling 3-month average of +49.95%. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over […]
As Brits brace themselves for a second wave of the coronavirus, the leading home delivery specialist ParcelHero says retailers and manufacturers are already facing a perfect storm. Footfall in retail parks, shopping centres and high streets was 70% down in the second quarter of 2020 compared to the same time last year – and the […]
SmileDirectClub, the oral care company with the first medtech platform for teeth straightening, today announces it will be supporting British high streets and helping to drive the economy by rolling out a series of its first storefronts nationwide, starting this September. This coincides with the company’s first birthday in the UK and Ireland, showing its […]
The boom in online shopping during the coronavirus pandemic has seen more than one in seven UK retailers (15%) create roles specifically to cater to an increase in digital sales and boost online capacity, according to a study of over 300 senior retail executives conducted by Barclays Corporate Banking. With £3 in every £10 now […]
