Store Closures Would Lead to Amazon’s Gain

store closures

With store closures occuring around the world in the thousands, good times are in the offing for Amazon, according to an analyst from Goldman Sachs. If the closures continue at this rate, an estimated 12,000 retailers will be out of business by the end of 2019. Meaning consumers will be spending their money on online […]

Royal Mail study shows UK retailers are optimistic about summer sales

Royal Mail Van

39 per cent of retailers expect to see an increase in overseas sales this summer. Warmer weather, bank holidays and summer wedding season are the main reasons for an expected increase in sales. Almost three-quarters (71 per cent) of the retailers surveyed sell to overseas customers. Royal Mail survey A recent survey concluded by Illuminas […]

Amazon UK to open 10 pop up stores called ‘Clicks and Mortar’

Amazon announced it will open up to 10 pop-up stores in the UK, called “Clicks and Mortar” which will focus on homeware, health & beauty, food & drink, and electronics. The Clicks and Mortar pop-up shops will provide customers with the opportunity to discover and buy directly from over 100 small businesses – everything from […]

eBay Opens First UK High Street Concept Store

On Friday, May 10 eBay launched its first concept store in the UK. The month long pop-up shop is eBay’s latest commitment to the City of Wolverhampton. In September eBay announced a partnership with the City Council to help boost 64 local businesses via its Retail Revival program. eBay designed the new space with the […]

80% of UK Shoppers Will Avoid High Street Stores on Black Friday

Highstreet

Frimley — November 21, 2018 — Eight-in-ten UK consumers (80%) plan to avoid stores on Black Friday this year, according to research by Genesys®  (https://www.genesys.com/en-gb), the global leader in omnichannel customer experience and contact centre solutions. A majority of respondents —  55% — say they do not want to take part in the pre-Christmas bargain hunt on November 23rd this year because […]

UK – Over Five Years of Shop Price Deflation Comes to an End

The BRC (British Retail Consortium) reports today that more than five years of shop price deflation comes to end and prices entered inflationary territory. In August, shop prices in the UK increased by 0.1%, up from the July decrease of 0.3%. This broke a deflation cycle of 63 months. Non-food deflation continued to ease in […]

Britain Is White, But A Dark Day For High Street Retail!

hight street closures

It has been a challenging week for Britain with the ‘Beast From The East’ storm coming from the East and now Storm Emma coming from the West.  It has dropped snow across much of the country, closed schools, businesses, public transport and much more. As much as Britain’s unpreparedness for snow makes it a laughing […]

UK High Street Experiences Sales Crash

physical stores

Black Friday and the holidays are near. At this time, most sellers would want to have sales pick up. However, the UK High Street and physical stores seem to be experiencing just the opposite, with it dampening the mood. A steep drop has been noted in sales this October. This drop is due in part […]