All Data articles – Page 4
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News
UK economy expectations have fallen for the first time since February
Consumer confidence remained flat in August but expectations for the UK economy slipped for the first time since February, according to the latest GfK Consumer Confidence Barometer.
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News
Nearly one in five shoppers are primarily using AI tools when purchasing products
Nearly one in five consumers now use AI tools as their primary source of information when choosing a product to buy, according to a new survey.
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Analysis
Convenience is king for customers when it comes to ecommerce
New consumer data shows that retailers looking to win in the online space must focus on making things easy for the consumer to win their trust and loyalty.
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Data
Ranking: The UK’s top-performing designer outlet centres
As Hammerson sells its stake in Bicester Village owner Value Retail, we teamed up with JDM Retail to reveal the ultimate ranking of the UK’s top-performing designer outlet centres
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News
Retail sales have ‘returned to growth’ as shoppers spend more on food
Retail sales have seen a boost in July as shoppers spent more on food, while clothing and health and beauty saw a “better month” due to warmer weather.
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News
Uncertain outlook despite shop price inflation stabilising
Shop price inflation remained unchanged in July, benefiting from high comparatives last year, but the outlook remains uncertain for the remainder of the year, according to the British Retail Consortium (BRC).
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News
UK retail sales fell in June driven by the election and wet weather
UK retail sales volume declined across all sectors in June except for automotive fuel as wet weather, low footfall and the general election are likely to have impacted sales.
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Data
Consumer confidence in the UK has seen a ‘subdued’ improvement, the latest data reveals
UK consumer confidence inched up one point in July showing a “subdued” improvement after a three-point rise in June, according to the latest GfK consumer confidence figures
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News
Amazon Prime Day UK spend reached ‘record highs’ this year
Amazon Prime Day UK consumer spend across two days saw “record highs” totalling £1.3bn, according to the latest data from Adobe Analytics.
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Retail Voice
Mid-year retail review: Analysing 2024 trends
As we reach the midpoint of the trading year, Board’s Matt Hopkins asks Better Decisions Group’s Tom Owen to evaluate how a trio of predictions are manifesting across their customers’ experiences and engagements.
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Analysis
Taylor Swift: Why the Eras Tour has been a triumph for UK retail
Taylor Swift’s Eras Tour has well and truly been the talk of the town, but how much has the superstar’s fandom impacted retail? Retail Week explores Swiftonomics’ big retail hits.
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Analysis
It’s been 10 years of Amazon Prime Day, but does it still deliver?
Online behemoth Amazon is kicking off its annual Prime Day event on July 16 and 17 for members to save money on thousands of products. Ten years on from the event’s inception, Retail Week looks at what is expected this year and if Amazon can maintain prime position as the go-to place for summer discounts
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News
Planning reform is ‘essential’ for improving retail footfall, says BRC
Planning and business rates reform is “essential” for retail footfall recovery in the medium and long term, and would help town and city centres “thrive”, according to the British Retail Consortium.
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Retail Voice
Staying ahead of the payment curve: using customer data to drive growth
Creating long-lasting loyalty as well as giving shoppers a seamless experience is the holy grail for any business. Lloyds Bank’s Ajit Ramachandran takes a look at how retailers can use customer data to stay one step ahead of competitors
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Analysis
What does the latest footfall data tell us about the state of summer retail?
As the latest retail footfall data from MRI Software shows a “dismal start” to the summer, despite a boost from the Euros, Retail Week sits down with marketing and insights director Jenni Matthews to discuss the impact
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News
Co-op research reveals retail media is boosting its sales ‘fourfold’
New research released by the Co-op shows that convenience retail media is giving sales across the business and surrounding grocery stores up to a “fourfold” increase.
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News
Shop price inflation has eased thanks to investment in retail ‘paying off’, says BRC
Shop price inflation has fallen to its lowest level since October 2021 as retailers’ investments in operations and supply chains is “paying off”, according to the British Retail Consortium.
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News
Retail sales via social media set to double in four years
The social commerce industry is expected to double its value in the next four years in the UK as more consumers discover new ways to shop.
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News
Retail leadership diversity on the rise but inclusion is ‘tough nut to crack’
Diversity in retail leadership is on the rise but inclusion remains the “nut to crack”, according to a report by the British Retail Consortium and the MBS Group.
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Data
Consumer confidence is inching up, but are they ready to spend big?
The latest GfK consumer confidence figures are out and show that shoppers are beginning to feel more optimistic about their economic situations