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Retail Reflections: computer crashed and shop was happy to take my cash

Alan Monahan writes: I popped into my local coffee shop the other day to be greeted by a hand-written sign on the counter: ‘Sorry, we can only accept cash payments.’ Oh dear, their computer had crashed and the barista was painstakingly noting all transactions on a piece of paper. Never mind. I always carry cash.

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Retail news round-up: Unhappy returns; Brits are top online shoppers; fast-falling non-food prices; New Year honours

The continued surge in online shopping will see over £2.5bn of unwanted Christmas presents returned to retailers, according to LCP Consulting. Stuart Higgins, its director of retail, says: ‘The price retailers have to pay for online growth is pretty substantial.’ UK consumers lead the world when it comes to internet shopping, with an average of

Retail news round-up: Unhappy returns; Brits are top online shoppers; fast-falling non-food prices; New Year honours Read More »

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