UK stores have seen a 35% increase in crime in the past year and more than 900 staff were physically assaulted. As a result of the ongoing conversation surrounding the shoplifting epidemic, security experts at Get Licensed have shared their expert advice on how stores can tackle the rise of shoplifting and protect their customers […]
Retail sales volumes rose by an estimated 0.4% in August, following a fall of 1.1% in July (revised up from 1.2%). Sales volumes are up 0.3% in the three months to August 2023. The month saw a rise of 1.2% in food store sales and 0.6% in non-food store sales, non-store retail volumes fell 1.3%. Retail sales […]
Responding to the latest ONS Retail Sales Index figures, Helen Dickinson, chief executive of the British Retail Consortium, said: “Returning consumer confidence helped retail sales regain lost ground after a challenging July. Toiletries, cosmetics, and books performed particularly well as consumers purchased holiday essentials for their late summer getaways. Although white goods and other big-ticket […]
Quantum Metric, the customer-driven digital analytics platform, today announced the findings of its 2023 Inflation Habits Report which surveyed digital leaders in industries including retail, travel, hospitality, financial services, insurance, healthcare, gambling and telecommunications in the United States and the United Kingdom at the VP level or above. The report reveals that amid changing customer behaviour and digital investments, […]
Responding to the latest CPI inflation figures which shows headline inflation falling to 6.7% and food inflation falling to 13.6%, Helen Dickinson, Chief Executive of the British Retail Consortium, said: “Food inflation eased for the fifth month in a row, underpinning the hard work by retailers to bring costs down. Fierce competition between supermarkets has […]
The retail landscape continues to evolve, and businesses are seeking innovative ways to bridge the gap between online and offline customer engagement. Total retail footfall in the UK increased by 1.8% in July according to the British Retail Consortium, and as the build up to Christmas begins, this is set to increase. Programmatic and data […]
44 retail leaders, representing over one third of the retail industry (by employees), have written to Chancellor Jeremy Hunt MP to call for a freeze in the business rates multiplier to be announced at the upcoming Autumn Statement. The retail industry pays over £7bn a year in business rates. Without action from the chancellor, the […]
Sales figures are not adjusted for inflation. Given that both the August SPI (BRC) and July CPI (ONS) show inflation running at higher than normal levels, the rise in sales masked a likely drop in volumes once inflation is accounted for. Like-for-like data has been moved from the bullets to the tables at the bottom. […]
‘Barbie’ and ‘Oppenheimer’ led to a blockbuster month for cinemas, up 101 % International travel spending held up, while pharmacy, health & beauty stores were boosted by pre-holiday purchases High street and hospitality sales were hampered by wet weather in early August, as fewer Brits visited shops, restaurants and pubs Meanwhile, consumers are noticing that […]
Leisure experience developer Pocket Planet announces today the details of a unique new immersive experiential attraction for London, set to attract over a million visitors per year and to support the revitalization of Oxford Street. Pocket Planet is building an innovative visitor and retail experience offering Londoners, visitors and tourists of all ages and nationalities […]
