All Consumer insight articles – Page 5
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NewsExclusive: Retail spend to take £2.4bn hit in 2024
Retail spending is expected to take a £2.4bn hit this year as consumers are impacted by “lower levels of affluence” amid the cost-of-living crisis, according to the latest research by Retail Economics and beBettor.
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NewsRetail sales handed boost by early Easter
UK retail sales increased in March driven by an early Easter, which boosted food and non-food sales ahead of the long weekend, according to the latest BRC-KPMG Retail Sales Monitor.
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Opinion‘As Shein leads global fashion, there’s opportunity to differentiate on what it cannot do’
Shein became the world’s biggest fashion retailer in 2023. Retail Week data and insights director Lisa Byfield-Green considers the implications of Shein’s rise and identifies winning strategies its competitors can adopt in response
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AnalysisBig ticket’s big squeeze: how are home retailers navigating sluggish demand?
As DFS issues another profit warning and Wickes reports that demand for pricier purchases has been ’challenging’, how much more penny pinching can big-ticket retailers take?
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AnalysisRevealed: What shoppers really think about supermarket loyalty schemes
Supermarkets have flooded the market with next-generation loyalty schemes to give back to their customers – but do shoppers actually think of them as a reward? And after speculation about their value, do they trust that the prices they see are genuine?
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NewsNet store closures surge across Britain
Net store closures accelerated above 2022 levels in Britain but remained lower than between 2018 and 2021, according to the latest figures from PwC and Local Data Company (LDC).
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News‘Online is the new car boot sale’, says Charity Super.Mkt founder
Charity Super.Mkt co-founder Maria Chenoweth has said “online is the new car boot sale” when speaking about the role of pre-loved in the fashion market, alongside Depop, eBay and River Island at LIVE 2024.
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AnalysisLIVE 2024: Catch up on the can’t-miss stories, quotes, stats and videos
Catch up on two days of unmissable content and insight from LIVE 2024 – where the brightest and most curious minds across retail and FMCG talk openly about the things that matter.
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NewsRetail sales dampened by one of wettest Februarys on record
UK retail sales declined as consumer demand was dampened by one of the wettest Februarys on record, according to the latest BRC-KPMG Retail Sales Monitor.
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AnalysisMeet the sports retail power brands of tomorrow
Fitness and sportswear brands hit the market every year but only a few stand out and have the potential to be the next big player. Retail Week highlights some of the brands aiming to break through in a category dominated by giants like Nike and Adidas
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NewsUK consumer confidence falls but optimism for year ahead remains
Consumer confidence took a dip in February as the UK entered recession, but the outlook for the next 12 months remains sturdy as consumers continue to spend despite the cost-of-living crisis.
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NewsRetail sales rebound but recession worries loom
Retail sales grew in both volume and value across all subsectors except clothing in January, rebounding after December’s fall, according to the latest Office for National Statistics retail sales data.
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Retail VoiceDiscover the top trends on grocery shoppers’ lists
From subscriptions to seamless checkouts, Worldpay’s Pinar Koygun takes a look at what is ticking grocery shoppers’ boxes.
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AnalysisHow retailers can entice cash-strapped shoppers to spend in 2024
Shoppers may not be hitting the high street or splashing out on big-ticket items, but household spending has jumped sharply over the past year owing largely to price rises
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NewsRetail sales slow in third year of high living costs
UK retail sales slowed in January as “the higher cost of living continued into its third year,” according to the latest BRC-KPMG Retail Sales Monitor.
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NewsRetail footfall rallies as shoppers stay ‘bargain-focused’
Retail footfall continued on its downward trajectory in January compared to the previous year, but it improved from December as consumers remained “particularly bargain-focused”.
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NewsUK consumer confidence rises to best score in two years
UK consumer confidence rises to “best headline score in two years” as optimism strengthens with inflation predicted to fall in the next 12 months.
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AnalysisOwn-brand beauty: How ‘budget’ lines have disrupted the market
With beauty retailers enjoying a bumper Christmas trading period, the one thing they all had in common was the resounding success of their competitively-priced, own-brand products against the traditionally dominant branded offerings.
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DataGeneration Alpha: Who’s influencing the next retail influencers?
Next year Generation Alpha will be at its peak, with 2 billion from this age group around the globe, but who is influencing the next influencers? Retail Week teams up with Beano Brain to find out what the retail world looks like through the eyes of Gen A
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DataMerry click-mas: Top 50 most-visited retail websites for Christmas
To understand how retailers fared online over the crucial golden quarter, we teamed up with Similarweb to track how many visits the biggest retail websites in the UK received from Black Friday to New Year’s Eve