Traditional High street brands that have been struggling due to Covid 19 need to partner with those who have embraced technology, say leading tax and advisory firm, Blick Rothenberg Daniel Burke, a partner at the firm said:” It’s either that or they are likely to fail. There is an accelerating shift in power which was […]
Covering the five weeks 30 August – 03 October 2020 According to BRC-ShopperTrak data: Year-on-year UK Footfall decreased by 30.1% in September, with only a 4.7 percentage point improvement from August. This remains below the longer-term 12-month average decline of 30.3%. Footfall on high streets declined by 36.9% year on year. They were the most […]
As the government prepares to introduce controversial new three-tier ‘traffic light’ lockdown rules, ParcelHero says home delivery firms are braced for a Level Three red alert. At the height of the coronavirus national lockdown in March, the government prioritised delivery drivers as key workers. Under the government’s new three-stage ‘traffic light’ coronavirus alert plans – […]
Having completed a management buyout just one month before, new CEO David Edwards and his management team faced a crucial challenge that would have an immediate impact on 90% of their business; the closure of all schools as a result of the Covid-19 pandemic. Arbuthnot Commercial ABL acted quickly to deliver an injection of working […]
Online retailers and couriers are experiencing record peak volumes and many are stretched to full capacity. ParcelHero says the worst is yet to come as Christmas 2020 could be 50% busier than last year. It’s urging retailers to work closely with their delivery partners, otherwise a looming driver shortage and strained supply chains will mean […]
As entire countries and economic blocks shut down due to COVID-19, the retail sector scrambled to adapt. It had to adapt to a world where people were afraid of leaving their homes or making contact with strangers in any way. Because of shutdowns and quarantine restrictions, the retail sector has been one of the sectors […]
Despite an increased need to stand out from the crowd in the online shopping market, retailers must not jump to creating unique, experiential experiences for customers, until they can guarantee basics such as ease-of-use, speed and security are established and unflawed. This is according to James Allen-Lewis, development director at Sonassi. A recent KPMG whitepaper […]
Before coronavirus, Shropshire based Capital Cashmere relied on county shows, game fairs, horse events and pop up shops to sell its cashmere clothing and accessories. With lockdown in place and cashflow tied up in stock and event deposits, owner Alan Ball had no alternative but to furlough his employee. Discussions with Santander identified a multi […]
Responding to the latest ONS Retail Sales Index figures which showed a 4.1% increase in overall sales (retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “It is clear that the retail industry is entering a period of fragile recovery, with August showing the third consecutive month of growth. […]
Ahead of the ONS retail sales release for August, Yolt, the smart-thinking money app, has revealed new data which demonstrates that, when compared to February before the pandemic was declared, spending on shopping went up 36% in August. The data also revealed that users had been spending more, but less often, when compared to February, […]
