Popular now
The Cotswold Company FY sales rise 23% to ‘record’ £123m

The Cotswold Company FY sales rise 23% to ‘record’ £123m

Strait of Hormuz to reopen following US-Iran deal

Strait of Hormuz to reopen following US-Iran deal

UK retail leaders recognised in King’s Birthday Honours list

UK retail leaders recognised in King’s Birthday Honours list

Online sales and discounts help to boost retail sales

Online sales and discounts help to boost retail sales

On this episode of Talking Shop we are joined by Phil James, founder and Creative Director of the contemporary heritage clothing brand &SONS. Phil began his career behind the lens as a commercial advertising photographer, working with global brands to hone a distinct visual language. But in 2016, he decided to step out from behind the camera to build a brand of his own.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

UK retail sales outperformed predictions with an increase of 0.7% in July, recent statistics from the Office for National Statistics (ONS) show.

This signified a recovery from the previous month, which saw a 0.5% decrease in the quantity of items purchased.

When compared with the same month last year, the quantity bought in July 2018 increased by 3.5% when compared with the slower growth of 1.1% in July 2017.

The quantity bought in non-store retailing showed strong growth both on the month and year-on-year at 4.9% and 16.9% respectively.

Feedback from non-store retailers suggested that online promotions further encouraged sales, while non-food stores reported a reduction in footfall in July 2018.

Spending online continued to increase accounting for a record 18.2% of all retail sales in July 2018. Department stores also saw strong growth, with a record contribution of 18.2% to retail sales.

Rhian Murphy, ONS senior statistician, said: “Many consumers stayed away from some high street stores in July, but online sales were very strong, supported by several retailers launching promotions. Food sales remained robust as people continued to enjoy the World Cup and the sunshine.”

Previous Post
Brits wear clothes once for ‘hashtag moment’ before returning items

Brits wear clothes once for ‘hashtag moment’ before returning items

Next Post
How the theory of evolution will be the difference-maker for retailers

How the theory of evolution will be the difference-maker for retailers