The UK government has responded to coronavirus-conscious spending habits by further increasing the regulatory limit on contactless card payments from £45 to £100 and the multiple transaction limit from £130 to £300. While supporting end user convenience and providing a much-needed boost to a struggling high street this has, in effect, removed a vital personal […]
As small businesses open their doors again, a survey conducted by business support organisation the Forum of Private Business indicates that only a quarter of business owners have instigated a policy of requiring staff to undertake a Covid jab before returning to work. Whilst a third recognise that having a jab is necessary to maintain […]
The West Midlands Combined Authority (WMCA) is kicking off a new campaign to highlight the measures local businesses are taking to make their premises Covid-secure. The campaign, called “Open for Business, Safely”, will promote the steps that shops, cafes, gyms, beauty salons, transport providers and others have put in place to make their premises safe […]
Shoppers have braved localised snow showers to visit their favourite high street stores for the first time since 4 January. Queues formed outside many stores, but the home delivery expert ParcelHero says nearly 50% of shoppers will never return to their pre-Covid high street shopping habits. ParcelHero’s head of consumer research, David Jinks MILT. says: […]
2020 was a turbulent year in which much of retail bounced between being open and closed, significantly impacting sales and the ability to make meaningful comparisons. In this context, all 2021 figures are compared with 2019 (pre-pandemic). This means our 2021 figures are now year-on-two-years (Yo2Y), rather than year-on-year (YoY). Covering the five weeks 28 […]
As lockdown measures ease and non-essential shops reopen national discount scheme, My VIP Card, has launched its campaign ‘Shop Small to Help Out’ and vows to promote thousands of local shops and services to its huge network of UK shoppers. As part of the campaign any small businesses can now sign up for free and […]
As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900bn being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly £1.50 out of every […]
Period Covered: 01 – 05 March 2021 Shop Prices fell by 2.4% in March, the same rate of decline as in February. This is below the 12- and 6-month average price decreases of 1.8% and 2.0%, respectively. Non-Food prices fell by 4.0% in March, compared to a decline of 3.9% in February. This is the […]
Responding to the latest ONS Retail Sales Index figures, which showed an 1.3% decrease in overall sales (non-seasonally adjusted retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “Retail sales fell for the second consecutive month in February, and non-food stores saw their fourteenth month of decline with a […]
In a new study by Kaizen, this latest report reveals which e-commerce brands are taking the lead with growing traffic and brand awareness due to their digital marketing efforts. The brands analysed saw a 44% increase in traffic on average over the past year The report also reveals that brands saw an increase in brand […]
