There were no special giveaways for the retail sector in the UK government's latest spending drive on Wednesday, although some measures to boost jobs could help the sector and others could benefit it indirectly.
Global affluent consumers are beginning to question their consumption of luxury goods in the wake of the coronavirus crisis, but the Chinese are still very pro-luxury, even though they're demanding sustainability too.
Bazaarvoice has acquired social commerce solution Curalate to "create a powerful offering to lead the growing visual commerce trend, where consumers increasingly buy based on user-generated visual content”.
Unilever has joined the group of brands choosing not to advertise on Facebook for a period of time, but its marketing VP Aline Santos said the decision was not directly related to the ‘Stop Hate for Profit’ campaign.
A new study called 'Navigating Needs: the path to profit in eCommerce' shows that delivery, security, customer service, easy-to-navigate websites and experiences are all key to making sure a sale happens.
UK consumer confidence has risen again although it remains fragile as there are few signs of economic stability. And while intentions to purchase are improving, consumers are still generally very cautious.