A year on from the UK’s decision to leave the European Union, more than two-thirds of retailers have yet to make a plan for how they will manage the change, according to new data. However, another study finds that Brexit is already having an effect on day-to-day online shopping, and (more…)
Retail sales are slowing, with 60% of sales coming from smartphones, according to eMarketer and the latest statistics from IMRG Capgemini pointing to eCommerce sales via smartphones growing by almost half year-on-year in May 2017 – betting on mobile first seems like the ‘strong and stable’ thing to do in our uncertain world. (more…)
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According to data compiled by Clouder.co.uk, the rise in mobile shopping is leading to a nation of last minute shoppers – and this in turn is driving changes in how shoppers look at logistics, with many more wanting same day delivery. The research conducted by Clouder.co.uk has revealed that the UK (more…)
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N Brown Group , which four years ago helped to pioneer opening stores for online brands, said today that it plans to close up to a third of its shops in the face of weak footfall and rising business rates. The home shopping group said in a first quarter trading (more…)
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Bonmarché this week reported growing online sales but falling store sales. The retailer, which sells value clothing to a target audience of women aged 50 and over, reported total revenues of £190.1m in the 53 weeks to April 1. That’s up by 1.1% from £188m in the 52 weeks of (more…)
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Eric Fergusson, director of ecommerce at luxury department store Liberty London , looks ahead to a time in the near future when the company has a much greater ecommerce presence Liberty wants its online business to be “10 times bigger” than it is today. “Ecommerce has huge potential at Liberty, (more…)
It has been said that even if he is alone, an Englishman forms an orderly queue: now research from payments provider Adyen reveals the evolving – and often confusing – relationship the British public have with retail, both online and in-store. Whether it’s our baffling bond with queues, our beloved (more…)
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Developments in smartphone technology combined with a continued evolution in social media culture has changed the way consumers engage with their mobile phones and, in turn, retailers. Ross Tuffee, CEO, DOGFI.SH Mobile explains how this shift has meant that many retailers have had to rethink their e-commerce strategies to include (more…)
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Amazon is to buy Whole Foods Market for $13.7bn (£10.7bn), an acquisition that will give it a significant number of UK stores and gives it a base from which to challenge the dominance of supermarkets in this country. The US-based organic foods specialist has nine UK stores, including seven in (more…)
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Majestic Wine said this week that more than half of its sales in the year to April 3 were multichannel. The update came as the wine specialist, a Top100 retailer in IRUK Top500 research, reported revenues of £465m, up from £402m a year ago, and a pre-tax loss of £1.5m, (more…)
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