Online retail parcel delivery order volumes were up + 13.9% year on year in April, according to IMRG data. Easter fell early this year (in March), so a dip in volumes may have been expected in April due to a tough comparator with last year, when Easter was in April. However, the monthly decline on
Retail news round-up: Online parcels; falling prices; worst and best retailers Read More »
Chancellor Philip Hammond’s Spring budget was meant to squash the doom and gloom and present a picture of hope for the British economy, with a forecast that envisaged more growth coupled with less inflation and debt in the year ahead. For the retail sector his March 13 speech set a new date of 2021 for
Spring Budget statement Read More »
Spring Fair and Autumn Fair organiser Ascential has launched a strategic review of its exhibitions division as it announces plans to focus on its digital business. Press reports suggest that this could lead to the sale of its trade and consumer shows and generate between £250 million and £300 million. Its strong annual results revealed
Retail news round-up: Ascential shows ‘could be sold’; Bitcoin on high street Read More »
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
Almost half (42%) of European consumers have used a click ‘n’ collect service in the past 12 months, according to the JDA/Centiro Customer Pulse Report Europe 2017. And, in recent years, the service’s popularity has directly influenced Christmas shopping patterns, as consumers increasingly rely on the convenience and value it provides. The Border Force, which
Following a business campaign led by the British Retail Consortium (BRC), the Chancellor Philip Hammond has announced in his Budget of November 22 2017 that the move from RPI to CPI indexation will be brought forward by two years to April 2018. The new measures could help British businesses save £2.3bn over the next five
Budget introduces rates and VAT measures to help store owners Read More »
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