Data news stories – Page 3
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AnalysisBlack Friday: Sales decline despite ‘buzz’ on UK high streets and marketplaces
Store footfall was down 1.6% across UK retail destinations while Barclaycard transaction volumes declined 0.6% year on year. In contrast, total gross sales for major marketplaces via CommerceHub increased by 18% on 2022
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DataFashion retail leaders predict what future consumers will want to buy
Leaders and product bosses from New Look, The Very Group, Matalan, Bam, N Brown, Secret Sales, Fat Face and Seasalt reveal the products and trends they expect to be big news over the next three years
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NewsBoost in sales of toys and electricals as Black Friday footfall soars
Retailers have reported customers flocking for deals on toys and electricals ahead of Christmas as Black Friday footfall numbers surged across much of the country.
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NewsUK consumer confidence increases despite ‘ongoing cost-of-living concerns’
UK consumer confidence rose by six points in November, despite “ongoing cost of living concerns” impacting many customers.
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AnalysisRetail Horizon 2024: How can retailers accelerate efforts to tackle climate change?
As retailers grapple with meeting long-term environmental, social and corporate governance (ESG) targets, while at the same time balancing costs and profitability for shareholders, consumer behaviour has shifted during the cost-of-living crisis.
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NewsRetail reliant on strong Black Friday after slow start to festive season
The retail sector is pinning its hopes on strong performance over the Black Friday weekend after a disappointing start to the festive trading season in terms of ecommerce performance.
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NewsRetail sales decline ‘does not bode well’ ahead of Christmas
Retail sales fell in October to their lowest level since the February 2021 lockdown as the cost-of-living crisis combined with wet weather took its toll on retailers, according to the Office for National Statistics (ONS).
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NewsBlack Friday retail footfall will be ‘subdued’, claims survey
Higher interest rates and inflation will continue to have an effect on consumer spending, warns latest MRI Software consumer report.
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NewsExclusive: BRC warns ‘no town or city centre safe’ from business rates rise
The British Retail Consortium has warned that “no town or city centre in England is safe” as retail giants brace for an increase in business rates as part of the autumn statement next week.
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AnalysisRetail Horizon 2024: How AI will help retailers unlock their growth potential
The pace of technology development and consumer adoption is accelerating at a breathtaking speed, and retailers must find ways to stay ahead.
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DataNext season tech – the investments powering the future of fashion
From collaborating on designs to elevating the customer experience, artificial intelligence is changing fashion retail forever.
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NewsRetail sales slow as cautious consumers delay Christmas spending
UK retail sales growth slowed in October as households are putting off their Christmas shopping until they can “grab a bargain” over Black Friday, according to the BRC-KPMG Retail Sales Monitor.
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AnalysisRetail Horizon 2024: How consumers are feeling – and how retail should get ready – for the year
Retail Week has launched its strategic toolkit, Retail Horizon 2024, mapping out the opportunities, challenges and winning strategies for businesses in the year ahead.
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AnalysisSurvey: Where shoppers will spend and save this Christmas
Retail Week delves into the mind of the 2023 Christmas shopper − where will they spend, where are they saving money and what categories are most at risk
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NewsFootfall declines as cost-of-living impact grows
Footfall across all UK destinations fell in October as consumers continued to feel the pressure of the cost-of-living crisis ahead of Christmas.
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NewsExclusive: Plus-size brand dominates fastest-growing fashion retailers
Yours Clothing has ranked higher than fashion giants including Inditex, Primark and Next to be named the fastest-growing fashion retailer in the UK, Retail Week can reveal.
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NewsGrocery prices fall for seventh consecutive month
Grocery prices fell for the seventh straight month in September, bringing some much-needed relief to consumers in the run-up to Christmas, but food inflation is still in double figures.
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AnalysisResearch: 44 retail leaders talk in-depth about 2024 CX strategy
Leaders from Cotton Traders, Bravissimo, Gift Universe, Jollyes and Bensons for Beds have spoken in-depth to Retail Week about their plans for 2024.
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NewsFootfall weakens as shoppers limit spend ahead of Christmas
Footfall across all UK destinations declined in September as consumers restricted their shopping ahead of the Christmas season.
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NewsRetail footfall forecast to drop in lead-up to Christmas
Retail footfall is predicted to fall in the run-up to Christmas as consumers “tighten their purse strings” due to rising bills, according to MRI Software, formerly Springboard.