With restrictions on non-essential stores easing from 15 June, new research by industry voice SaveTheHighStreet.org reveals that only a quarter (25%) of small businesses have completed the necessary Covid-19 risk assessments critical to reopening. The Covid-19 High Street Recovery & Resilience survey, which has had 1000 responses also reveals one in five (20%) have not […]
Covering the four weeks 3 – 30 May 2020 On a total basis, sales decreased by 5.9% in May, against a decrease of 1.9% in May 2019*. This is the second worst decline recorded since our monitor began in January 1995, an improvement over April. It is above the 3-month average decline of 9.4% and […]
Retailers need to pay attention to changing customer demands and keep an eye on cash, if they are to avoid going into administration, say leading accounting and tax advisory firm Blick Rothenberg. Mark Hart a partner in the firm said: “A key issue for retailers as we ease of out lockdown is to ensure they […]
Many specialist UK manufacturers and retailers are still suffering low or zero sales, as ‘non-essential’ stores remain closed for another gruelling ten days in England. The international delivery specialist ParcelHero says that, while UK sales are stalled, many European Union (EU) markets have already fully re-opened and represent significant new opportunities for British businesses. It […]
Covid-19 continued to reshape the retail landscape in May, as consumers acclimatised to the enforced shift of shopping online. The UK’s second month under lockdown saw online retail sales swell to a twelve-year high, up a staggering +32.7% Year-on-Year (YoY) in May. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks the […]
Mastercard (MA) today introduces www.ShopOpenings.com, a new online search tool that confirms which shops and businesses are open for customers to visit as the nation gradually reopens over the coming weeks, in line with Government guidance. Built in partnership with Sixth Sense, this new search site is free to use and offers people a latest […]
Shop prices fell by 2.4% in May compared to a 1.7% decrease in April. This is below the 12- and 6-month average price decreases of 0.7% and 1.0%, respectively. This is the highest rate of decline since our series began in December 2006. Non-food prices fell sharply by 4.6% in May compared to a decline […]
Responding to the chancellor’s latest announcement, Helen Dickinson OBE, chief executive of the British Retail Consortium said: “Retailers are working extremely hard to prepare shops for reopening and we welcome the furlough scheme extension which will continue to provide much-needed support. “Businesses, however, will remain under pressure as discretionary spending is likely to remain subdued […]
A family run fruit and vegetable wholesaler has launched a delivery service offering an expanded range of products to homes across Scotland’s Central Belt, with support from Bank of Scotland. The majority of Charles Stamper Fruit & Veg’s customers, which include bars, restaurants, hotels and schools, closed their doors when the government mandated lockdown came […]
Retail figures for April released by the ONS highlight how much retailers need to change the way they do business says leading tax and advisory firm Blick Rothenberg. Milan Pandya, a partner at the firm said: “With the country in lockdown, it will come as no surprise that data released by ONS showed that there […]
