Prime
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Sep- 2019 -12 SeptemberSupermarkets
Morrisons quarterly sales drop for first time since 2016
‘Big Four’ grocer Morrisons has reported a 1.9% drop in like-for-like sales in its Q2 results, compared with the 6.3% increase seen the previous year. For the six months ending 4 August 2019, group like-for-like sales increased by a marginal 0.2%, compared with 4.9% last year, and total revenue grew…
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3 SeptemberClothing & Shoes
UK back to school market to reach £1.7bn
UK shoppers are set to spend £1.7bn on back to school items in 2019, with the market forecast to grow by 1.5%, according to research by GlobalData. Stationary and school accessories are expected to be the fastest-growing categories in the back to school market, at 2.0% and 1.9%, respectively. The…
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Aug- 2019 -30 AugustAdvice
Looking beyond a loyalty card
Conventional loyalty schemes can work, there’s no doubt about that. Among consumers using loyalty programmes, almost half (47%) spend more with a brand whose scheme they are a member of (YouGov). But shoppers have long since become savvy about the true value of loyalty schemes for them. According to TCC…
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28 AugustHigh Street
£1bn ‘Future High Streets Fund’ expanded to 50 more areas
Prime Minister Boris Johnson has announced that an additional 50 towns will benefit from the £1bn Future High Streets Fund. Towns across England – from Dudley to Dover and Scarborough to Stockport – will join 50 successful areas already shortlisted to develop plans to reinvent their high streets. According to…
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16 AugustComment
The case for personalisation
From the dawn of modern consumerism offering a personal touch was a key differentiator for high-quality retailers and service providers keen to set themselves apart from the rest. Remembering client names, previous purchases or children’s birthdays added that ‘je ne sais quoi’ that bonded retailer to customer. It fostered loyalty,…
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Jul- 2019 -29 July
How retailers can survive the age of Amazon
Current high street challenges seem like a clear case of cause and effect. Last year, an average of 14 shops closed each day across the UK, while e-commerce revenues hit almost £96bn — with one particular player taking a £10.9bn share: Amazon. The digital giant has certainly shown mastery of…
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Jun- 2019 -14 JuneOnline & Digital
Amazon and Morrisons expand Prime partnership
Online retailer Amazon, has expanded its Prime partnership with supermarket chain Morrisons, moving into five cities later this year. Morrisons at Amazon, is a same day, online home delivery service, currently available to Amazon Prime Now customers in Leeds, Manchester, Birmingham, and parts of London and the home counties. Customers…
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May- 2019 -29 MayAdvice
Payments: the key to personalisation in retail
Retailers are cost-cutting, trialling customer policies and experimenting with tech such as smart mirrors in the aim of securing their future. Cutting through the noise and getting through to customers is critical, but also easier said than done. You just need to look at ASOS updating their extended returns to…
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14 MayHigh Street
Amazon partners with Next for click and collect service
Next and Amazon today announced Next’s participation in Amazon Counter – a new network of pick up points that allows customers to collect their Amazon orders in-store. Pick up from a Counter location at the fashion retailer is available from hundreds of stores across the UK and on millions of…
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Apr- 2019 -29 AprilEconomy
Retail rents fall as pressure on sector continues
High street shop prime rents fell by 1% in the first quarter of the year, according to real estate company CBRE’s latest Prime Rent and Yield Monitor. This indicated an acceleration of the falls reported in Q3 (0.4%) and Q4 (0.4%) of 2018. Shopping centre prime rents fell 1.3% over…
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