Each year IMRG track online retailers’ Black Friday campaigns, looking at campaign start dates, daily revenue performance, and other unique performance indicators. This year, IMRG have already noted a trend for early campaigning, with as many as 48 out of the 295 retailers surveyed going live three weeks out from Black Friday week itself. This […]
Paysafe (NYSE: PSFE), a leading payments platform, announces the extension of its collaboration with Visa, a world leader in digital payments, to integrate Visa Network Tokens, as an alternative to primary credit and debit card account numbers. The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the […]
As Black Friday (24 November) approaches, nearly a third (35%) of UK consumers expect to spend less over the upcoming festive season compared to previous years, according to the latest EY UK Future Consumer Index. The thirteenth edition of EY’s survey of 1,000 UK consumers found that younger consumers are cutting back on spending much […]
Christmas is coming early for the UK’s corporate retail sector, with nearly half (49%) opting to display festive-themed goods earlier this year to help their customers spread out the cost of Christmas. In fact, a quarter (25%) now put up Christmas displays as early as September, with the majority (57%) going up by October. A […]
A coalition of leading hospitality, retail and leisure organisations have written to the chancellor urging him to freeze the business rates multiplier and extend existing reliefs for a further year at the upcoming Autumn Statement. British Retail Consortium, UKHospitality, Association of Convenience Stores, British Independent Retail Association and ukactive are warning that businesses, jobs and […]
With only two weeks to go until the Park Christmas Savings season hits the peak for savers to start getting ready for Christmas 2024, PayPoint today announces that more than 1,500 members of the Federation of Independent Retailers (the Fed) have signed up to become PayPoint Park Super Agents, boosting their earning potential by over […]
Despite ongoing challenges, small and independent retailers are looking ahead to next year positively, with expectations of business growth rising significantly among 59% of those surveyed in 2022 to 89% in 2023. The annual survey of independent retail and hospitality business owners, on behalf of American Express and Small Business Saturday, explores current business confidence, […]
Responding to the latest CPI inflation figures which shows headline inflation falling to 4.2% and food inflation falling 2 percentage points to 10.1%, Helen Dickinson, chief executive of the British Retail Consortium, said: “After a brief pause in September, inflation is once again headed in the right direction, helped by the seventh consecutive month of […]
Merchants and consumers are increasingly dissatisfied with Black Friday as the cost-of-living crisis continues to hit profit margins and disposable income, at the start of this year’s critical sales period. That’s according to new research of more than 2,000 UK consumers and over 500 UK online merchants by Tink, a market-leading payment services and data […]
Consumer card spending grew just 2.6 % year-on-year in October – noticeably less than the latest CPIH inflation rate of 6.3 % and the smallest uplift since September 2022 (1.8 %) – as Brits’ concern over rising energy bills and outgoing costs ahead of the festive period hindered discretionary spending. On a brighter note, the […]
