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
Retail Reflections: fewer, smaller stores and how they can survive Read More »
It has been revealed that Amazon paid just £14.95mn in tax on its European business last year, despite making huge profits of £19.57bn and capturing a major slice of the British retail trade. The Luxenbourg-based company’s cross-border arrangements are likely to infuriate smaller and independent businesses which are currently beset from all sides by
Amazon escapes huge tax bill Read More »
I was pleased to hear that the government is “committed to switching business rates indexation from RPI [retail prices index] to CPI [consumer prices index] from 2020”. More worrying is that legislation will be introduced “in due course”, so let’s hope these aren’t weasel words. The reform could save organisations £1 billion. As many large
Editor’s news round-up Read More »
Retail Week has compiled a list of the UK’s top 30 retailers based on the proportion of online sales they generate. None of the major grocers were included in the list, which did feature several fashion brands and department stores. As consumers become increasingly addicted to the instant fix of buying clothes online, higher-end
The top 30 online retailers of 2016 Read More »
Online retail is expected to see significant growth in deliveries over the next four years, according to a new report from Barclays, as people increasingly use smartphones and tablets to place orders and take advantage of new flexible and convenient delivery options. The research, independently commissioned by Barclays’ Retail and Transport & Logistics banking sector
Online shopping set to generate 1.35 billion deliveries a year by 2018 Read More »
Friday December 27 saw a record boom for online retailers, who had their busiest day in history as consumers bagged bargains from the comfort of their own homes. A total of £590 million was reaped by etailers from British consumers, a 20 per cent increase on last year according to internet retailing association IMRG. As
Record boom for etailers Read More »
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