Basket Size
This coverage examines basket size as a key retail performance metric, offering insights for executives, managers, and brand professionals. Reporting includes analysis of sales trends, strategies to increase average basket size, consumer behaviour, and the implications for revenue and profitability. The analysis helps professionals use basket size to inform merchandising, pricing, and promotional decisions.
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Jul- 2021 -26 JulyHigh Street
Pepco to create 13,000 European jobs
Pepco Group, the owner of discount retailers Poundland and Dealz, has revealed plans to add 13,000 staff members across its European operations over the next three years. Andy Bond, chief executive at the group, told Reuters that the majority of jobs would come on the continent as Pepco looks to…
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23 JulyAnalysis
The big retail health check: Why HFSS is in fact a golden opportunity
The UK government is clamping down on junk food advertising and promotion in a bid to tackle the obesity epidemic, which is affecting one in every 4 adults and one in every 5 children aged 10 to 11 according to the NHS. In a drastic move to combat this trend,…
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Mar- 2021 -3 MarchSupermarkets
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to remain home during lockdown. According to the latest figures from Kantar, UK grocery sales also rose by 12.5% in the 12 weeks to 21 February 2021. Nearly a quarter of…
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Sep- 2020 -7 SeptemberClothing & Shoes
Primark trading ‘stronger than expected’ post-lockdown
Associated British Foods (ABF) has announced that Primark’s trading in the fourth quarter has “exceeded expectations” ahead of its full-year results, which are set to be announced on 3 November. Primark stores reopened over the course of May, June and July, and have since “traded strongly”, according to its parent…
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Jul- 2020 -9 JulySupermarkets
Asda launches home delivery partnership with Uber Eats
Asda has announced its partnership with Uber Eats to offer customers “greater flexibility” and access to its products. The trial, which launches this week from stores in Leeds (Pudsey) and Birmingham (Barnes Hill), offers customers a choice of over 300 Asda own-brand products and branded everyday items for delivery including;…
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Apr- 2020 -2 AprilCoronavirus
Pets at Home to beat guidance amid spiked demand
Pets at Home has revealed that its closing weeks of full-year trading saw “exceptional levels of demand” amid the ongoing coronavirus pandemic. In the period ended 26 March 2020, existing customers increased their average basket size, whilst new customers have accessed its pet products and healthcare services. Trading was largely…
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Feb- 2020 -4 FebruaryComment
How to find money in revenue leakage dashboards and improve buyer journeys
Retailers are facing a constant battle to gain and maintain loyal customers while keeping up with the relentless pace of retail and squaring off with industry giants like Amazon. Same-day delivery and one-click payments have led customers to expect more of retailers regardless of their size or the vertical they…
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Jun- 2018 -21 JuneEconomy
UK’s indies outperform global retailers with 20% growth
Sales volumes for Britain’s independent retailers in the past 12 months were 20% higher than the global average, according to data from retail management software provider Vend. This insight comes from Vend’s first Retail Benchmarks Report, which compared data from over 13,000 retailers and found average monthly sales volumes per…
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12 JuneComment
Fast Fashion: The global battle
The fast fashion landscape is a crowded space. Spend a couple of minutes on a train platform, browsing Instagram, scrolling through Twitter or watching YouTube and the vast array of adverts, celebrity endorsers, vloggers and other assorted brand affiliates makes it clear that a fierce battle for the wallets of…
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May- 2018 -4 MayAnalysis
How to thrive in the instant gratification era
We are living in the ‘want now’ generation, from instant streaming of the latest movies and TV shows, to music, books and podcasts. We value the ability to buy quickly, easily and are getting less and less patient when it comes to waiting for orders to be delivered and new…
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