Day: 9 October 2017

Retail Reflections: fewer, smaller stores and how they can survive

  Alan Monahan writes: Good retailers will know that customers crave innovation – and new findings by Salmon Insights confirms it, with 60% of people preferring to purchase from a ‘digitally innovative retailer’ and a quarter of us now identifying as ‘digitally obsessive’. However, a closer look at the research suggests that consumers desire innovations …

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Retail news round-up: September sales boom

BDO says that despite reports of low footfall in September, like-for-like sales of lifestyle goods grew by 3.6%, suggesting shoppers made fewer trips but conversion rates were higher. Some department stores have already revealed that savvy shoppers are hunting for early Christmas presents, further boosting the lifestyle and gifting sector. The accountancy firm reports that …

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