Retail Economics
This coverage focuses on Retail Economics’ insights, analysis, and contributions to understanding trends in the UK retail industry. Reporting includes commentary from Retail Economics on sales performance, consumer behaviour, market forecasts, and sector challenges. Tailored for retail executives and decision-makers, the content highlights data-driven perspectives that inform strategic planning, risk assessment, and operational decision-making.
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Jun- 2023 -5 JuneFeatures
The trials and tribulations of Superdry
Back in the early to mid 2010s Superdry was a highly popular and successful clothes brand. The company grew hugely in this time posting a profit before tax of £51.4m in its end of year results for 2012. However, more recently the brand has struggled highlighted in its most recent…
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Feb- 2023 -8 FebruaryEconomy
Inflation to add £18.2bn to UK non-food sales
Inflation is set to add around £18.2bn to non-food sales in the UK according to the Ecommerce Delivery Benchmark Report 2023, commissioned by Auctane in partnership with Retail Economics. Sales values are expected to hit £249bn in 2023 with the additional £18.2bn, a 2.6% increase, driven entirely by rising consumer…
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Dec- 2022 -20 DecemberClothing & Shoes
Is Back to School behind ShoeZones’ newly-found popularity?
ShoeZone has recently come out with the news that its revenue increased by 31.2% to £156.2m from £119.1m last year, spelling a return to profitability that may indicate how much consumer spending habits have swung towards savvy penny-pinching in ‘Back to School’ season. A survey by Toluna from 5 September…
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Nov- 2022 -8 NovemberNews
Retail sales recovery slows in October
The recovery of retail sales slowed in October, as on a total basis, retail sales increased by 1.6%, against an increase of 1.3% in the same month last year. This is also below the three-month average of 1.7% and the 12-month average growth of 2.7%, according to the British Retail…
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Oct- 2022 -4 OctoberAnalysis
How can retail companies prepare for a more scrupulous festive season?
After two years of Covid-impacted festive periods, any hopes that the retail industry had for a return to normal in 2022 has been thwarted by the cost-of-living crisis. Springboard has recently forecast that footfall across all UK retail destinations will decline on a month to month basis by -4.9% in…
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Aug- 2022 -2 AugustAnalysis
Naked Wines on uneven footing for the future
The specialty wine retailer, Naked Wines, has experienced a downward trend in its sales, with full-year sales rising by only 3% after peak pandemic trading, and shares in the company down 4.2% at 158.10p each. The company’s chief financial officer even departed the company by “mutual agreement” amid a recent…
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Jul- 2022 -19 JulyEconomy
90% of consumers intend to cut back spending, Grant Thornton finds
New research from Grant Thornton and Retail Economics has revealed that almost 90% of UK consumers intend to cut back their spending on non-essentials over the year ahead. Of those planning to cut back, the research also showed that more than a quarter (28%) intend to do so across all…
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Jun- 2021 -3 JuneComment
The benefits of the Amazon model are overstated – it’s time for true disruption
It is undeniable that Covid jumped ecommerce into 2030. A 2021 report from Retail Economics and Natwest discovered that since the pandemic began, nearly half (46%) of UK consumers have purchased a product online that they had previously only ever purchased in store. Meanwhile 32% of consumers surveyed said they…
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Apr- 2021 -6 AprilComment
How the pandemic changed the role of delivery drivers
The pandemic changed the world and it changed online retail. In addition to spiking sales, it reshaped the e-commerce customer journey and focused it on delivery. Delivery drivers have now found themselves as a brand’s new front of house team, thanks to the increased importance of their role and as…
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Feb- 2021 -16 FebruaryHigh Street
Almost half of consumers shift to online shopping due to covid-19
Almost half of consumers (46%) in 2020 made an online purchase that would have previously been made in-store amid the Covid-19 pandemic. According to a new report by Retail Economics and Natwest, online sales in the retail sector saw five years of growth in just 12 months in 2020 as…
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