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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

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Retail news round-up: Christmas spending, fast shopping, rich pickings and salaries

UK consumers are planning to spend an average of £1,551 over the festive shopping season – £51 more than last year, according to a survey of 2,000 adults conducted by American Express. It estimates that there will be a £76bn overall spend, with individuals parting with £51 more than last year. After Christmas getaways, the

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