In the first half of this year, 13,390 retailers and 10,595 transportation & storage sector companies were ‘born’ but a whopping 14,500 retailers and 13,150 transportation & storage companies ‘died’. Worse still, fewer new companies are being launched than in pre-pandemic 2019 and significantly more are failing, says the delivery expert Parcelhero. It’s been a […]
The amount of goods Brits bought in June fell by -1.2% compared to May. The home delivery expert Parcelhero says both online and High Street sales slipped. The billion pound question is: with the uncertainty of the general election out of the way, will shoppers now feel more confident to splash the cash? The latest […]
Retailers that continue to charge a fee to customers who want to collect their item in-store are missing out on vital footfall this summer, argues the home delivery expert Parcelhero. It’s compared fees on items in hot demand, including summer shorts and vacation reads, and is now calling on shops to suspend penny-pinching additional fees […]
Responding to the latest CPI inflation figures, which show headline inflation remaining at 2.0% and food inflation falling 0.2 percentage points to 1.5%, Kris Hamer, director of insight of the British Retail Consortium, said: “While headline inflation remained at 2.0%, households will benefit from falling inflation rates in retail, with Food and Clothing & Footwear […]
As we reach the midpoint of 2024, financial analysts are buzzing with discussions about the retail sector’s economic performance. However, there’s another critical metric that deserves our attention: food hygiene ratings. For food retailers, maintaining high hygiene standards isn’t just about compliance – it’s a fundamental aspect of brand trust and consumer safety. Our analysis […]
New figures released by the government’s Office for National Statistics (ONS) reveal nearly 1 in 10 businesses reported they were stockpiling in June. There was a particularly sharp rise in UK retailers and manufacturers stockpiling in the period 17-30 June, compared to the reported survey period 8-21 January. Between 17-30 June, 15.3% of currently trading […]
Covering the five weeks 26 May – 29 June 2024 UK Total retail sales decreased by 0.2% year on year in June, against a growth of 4.9% in June 2023. This was above the 3-month average decline of 1.1% and below the 12-month average growth of 1.5%. Food sales increased 1.1% year on year over […]
New analysis by the home delivery expert Parcelhero says a surprising 13% of UK adults with internet access didn’t buy a single item online in 2023. It says retailers need to think again if they believe all shoppers were permanently lured to e-commerce as a consequence of pandemic lockdowns. It now appears a good few […]
The British Retail Consortium congratulates Keir Starmer and the Labour Party on their success in yesterday’s election. Responding to the victory, Helen Dickinson, chief executive of the British Retail Consortium, said: “The country has made its decision and we now look forward to getting down to business with the new government. Retail is an important […]
Covering the four weeks 26 May 2024 – 29 June 2024 According to BRC-Sensormatic IQ data: Total UK footfall decreased by 2.3% in June (YoY), up from -3.6% in May. High Street footfall decreased by 3.1% in June (YoY), down from -2.7% in May. Retail Park footfall decreased by 0.4% in June (YoY), up from […]
