by Simon King | Sep 16, 2023 | Industry News
Today marks 100 days until Christmas, and new research from American Express has found that Brits have already spent £1.7 billion on the festive season this year. Some 15.8 million Brits, or approximately a third (30%) of UK adults who celebrate or shop for the...
by Simon King | Sep 14, 2023 | Industry News
The John Lewis Partnership has posted an improved financial performance in the 26 weeks to July 29, with pre-tax losses narrowing from £99.2 million to £59m. Losses before tax and exceptional items fell from £66.8 million to £57.3 million. Meanwhile, total sales edged...
by Simon King | Sep 14, 2023 | Industry News
New research from FreedomPay and Retail Economics shows that the UK is on the brink of a digital payments transformation, with digital wallet purchases set to surpass card transactions within 10 years. In the next five years, the value of digital wallet use is set to...
by Simon King | Sep 13, 2023 | Industry News
Shoplifting has become an “epidemic” in the past year, the boss of John Lewis, Dame Sharon White, has said She told the Today programme the retailer had seen offences double over the past 12 months. Dame Sharon said it was also “not right” that shop workers were...
by Simon King | Sep 12, 2023 | Industry News
Electrical appliance distributor AFE Distribution has formally launched in the UK market to offer customers “modern service and stock levels”. The company is now rolling out its services after a trial period saw it sell 63,000 appliances each month to e-commerce...
by Simon King | Sep 11, 2023 | Industry News
Retail leaders, representing over one-third of the retail industry (by employees), have written to Chancellor Jeremy Hunt MP to call for a freeze in the Business Rates multiplier to be announced at the upcoming Autumn Statement. The retail industry pays over £7...
