Rotherham based Planet X is a specialist bike retailer that operates solely online. Its bikes are designed by its in-house team and retail at up to 50% less than equivalent high street prices. In 2020, Planet X’s 50 employees acquired the business from its founders and set up an Employee Owned Trust. The business has […]
Shoppers desperate to stock up their shelves amid ongoing online delivery slot chaos are providing a much-needed boost for the nation’s local high streets, it has emerged. New data reveals shoppers quickly adapted and began searching online for groceries to buy locally after the government advised against booking online delivery slots, amid fears the vulnerable […]
2020 was the worst year on record for retail sales growth with in-store non-food declining by 24% compared with 2019. These results have also been reflected in footfall, which was down over 40% in 2020. After some retailers embraced rapid increases in demand, others found their doors closed for the third time at the end […]
New data from London-based private hire and courier firm Addison Lee reveals that despite shops and restaurants being closed this year, romance fans in the UK are planning to make a special effort this Valentine’s Day. 46% of those planning to celebrate Valentine’s Day are determined to make it extra special this year, compared to just […]
Covering the four weeks 3 – 30 January 2021 On a total basis, sales decreased by 1.3% in January, against a decline of 0.4% in January 2020*. This is below the 3-month average growth of 0.6% and above the 12m average decline of 0.4%. UK retail sales increased 7.1% on a like-for-like basis from January […]
Covering the four weeks 03 January 2021 – 30 January 2021 According to BRC-ShopperTrak data: In England, the current lockdown saw footfall decline by 78% year-on-year. This compares with a 76% decline during the second lockdown (5 Nov – 2 Dec), and 82% decline during the first lockdown (23 Mar – 15 Jun). With the […]
The e-commerce delivery expert ParcelHero is warning that ‘zombie’ stores will haunt UK high streets this year. It fears that shops such as Debenhams, Burtons and Dorothy Perkins could be revived as soulless versions of their former selves following lockdown. Over the last few weeks, many of Britain’s former favourite retailers have been snapped up […]
Period Covered: 04 – 08 January 2021 Shop Prices fell in January by 2.2%, below December’s decrease of 1.8%. This is the lowest deflation rate since May 2020. This is below the 12- and 6-month average price decreases of 1.5% and 1.7%, respectively. Non-Food prices fell by 3.6% in January, compared to a decline of […]
Figures released today by the Office for National Statistics (ONS) make grim reading for retailers, revealing a slump of -1.9% in the volume of sales during 2020 when compared to 2019. That is the largest year-on-year fall on record. In contrast, the value of online sales played its part in preventing an even greater disaster, […]
In the fourth quarter of 2020, the overall GB vacancy rate increased to 13.7%, from 13.2% in Q3. It was 1.6 percentage points higher than the same point in 2019. This was the tenth consecutive quarter of increasing vacancy rates, from Q2 2018. All locations saw an increase in vacancies in Q4, with shopping centre […]
