Here’s some news the UK high street might not want to hear. Some 21% of Britons think physical retail isn’t worth saving, preferring to do most or all of their shopping online, a new study from Savoo claims.
UK shoppers are browsing online but not buying, the latest IMRG Capgemini Online Retail Index showed on Thursday. But at least they still seem to be focused on fashion with the category staying strong
Grosvenor Britain & Ireland (GBI) wants to become the UK’s first carbon-neutral property company. The commercial property giant is fast-tracking its climate strategy to be completed five years earlier than planned.
With supply chain issues to the fore, if you want to know what the footfall forecasts are for UK retail in the critical six-week period covering Black Friday, Christmas, and post-Christmas periods, read on.
Be warned. A hefty 60% of shoppers say that a poor experience on any retail channel will make them less likely to shop again with a brand, according to research from buy-now-pay-later financier Klarna.
Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
French Connection on Tuesday released what we assume will be its last set of results before it’s sold, and they showed the start of a recovery. But its performance is still far from its glory days earlier this century.
Hammerson’s UK and Ireland managing director Mark Bourgeois is preparing to leave as the heavily-indebted commercial property giant plans to cut up to 40 head office jobs in order to reduce costs, a report claims.
Using retail areas as more than just places for stores in order to draw in more consumers has long been a strong initiative from Shaftesbury. And a particular focus has been music links when it comes to Carnaby Street.
UK-based Pepco Group is on a fast track to expansion and the pan-European discount retailer has a new chief operating officer to speed up the process. Trevor Masters is being promoted on 1 January from MD of Pepco.
So what is the future of physical stores’ success in the fast-changing digitalised UK retail landscape? Having the technology to capture customer preferences and behaviours in-store, claims a report by Mercaux.