New data reveals a noteworthy drop in UK parcel volumes, marking the first decrease in over a decade. However, the global parcel shipping index saw a modest growth of one per cent due to Chinese lockdowns.
A recent report anticipates a significant surge in spending, projected to reach £145 million, as the FIFA Women's World Cup 2023 Quarter Finals kick off on August 11th.
Grocery shoppers are feeling the pinch as "shrinkflation" continues to shrink product sizes while costs stay the same or increase, while the added woe of "drinkflation" impacts alcohol purchases.
Mid-year data from Adobe Analytics shows a decline in online prices for non-essential items after Amazon Prime Day, with the online pricing of items across all categories declining by 3.2 per cent year-over-year.
The Chief Economist of the Bank of England, Huw Pill, has cautioned that food costs in the UK might not see a significant decline due to the aftermath of the Russia-Ukraine war.
July's inclement weather caused a dip in UK retail sales, with indicators pointing to its substantial influence. However, analysts are optimistic about a potential resurgence in the second half of the year.
The retail sector has claimed a dominant position in UK business administrations, constituting a significant 16 per cent of all filings in H1 2023, as highlighted by a recent analysis.
The report reveals that 66 per cent of UK websites are vulnerable to basic bot assaults, posing serious risks to British businesses
The latest data from RAC indicates a sharp increase in the average price for a litre of unleaded petrol, reaching £1.45, while diesel prices remain steady at £1.46.
In the lingering financial crisis, the "lipstick effect" takes centre stage as consumers turn to small indulgences for comfort, leading to a 1,006 per cent increase in demand.
A recent study reveals that retailers are grappling with a surge in customer churn due to rising living expenses, leading to diminished customer loyalty.
The UK retail industry has been battling with the closure of 6,000 retailers over the past five years due to burdensome business rates and the COVID-19 pandemic.
Financial institutions in the UK want to assist clients better, with over 80 per cent of bank executives committed to providing data-driven financial management support.
A recent study reveals a decline in product innovations among major brand manufacturers in Europe's six largest markets amidst falling sales in Fast-Moving Consumer Goods.
A new study reveals that despite a challenging economic environment, Gen Z and Millennial customers prioritise retailers' reputations when making purchasing decisions.
With the rise of mobile shopping and the profound impact of the pandemic on consumer behaviour, retailers are investing heavily in their online presence.
According to the M&S Family Matters Index, family optimism in the UK is at its highest in two years as 45 per cent of the population have high hopes about their future.
A survey has revealed a major shift in payment preferences, indicating that Apple Pay and Contactless Payments will soon overtake cash payments in physical stores, with 87 per cent of face-to-face payments in the UK in 2022 being contactless.
CMA's concerns over unequal promotion on Amazon Marketplace have led the e-commerce platform to commit to ensuring Amazon third-party sellers are better treated.
Recent research has shed light on the shifting trends, indicating a rise in remote work and an increasing preference for second-hand shopping among UK consumers.
The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.
This article provides a comprehensive overview of pallet wrapping machines, covering all the essential information about their functionality and applications.
Makip exposes that the majority of UK online shoppers are worried about the environmental consequences of ordering multiple clothing items in various sizes.
According to a recent report, UK consumers are growing disinterested in the influencer culture, with many unfollowing accounts that portray unrealistic lifestyles.
According to CMA, competition in the UK grocery retail industry will keep price increases low, despite food and grocery costs at historically high levels.
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According to Kanta, a market research company, there was a significant 1.6 percentage point decline in grocery inflation towards the first week in July.
According to a recent study, the increasing adoption of the metaverse and AI-powered chatbots is reshaping how UK consumers engage with brands during purchases.
Inflation in the UK fell to 7.9 per cent in June 2023 from 8.7 per cent in May, marking the lowest rate since March 2022, as reported by the Office for National Statistics.
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