UK online retail sales growth spiked unexpectedly to +9.4% Year-on-Year (YoY) in December, bringing 2019 to a positive close with a surprisingly strong Christmas trading period, according to the latest IMRG Capgemini Online Retail Index
Many of the UK’s leading retailers in London’s prime shopping outlets are inadequately prepared for the huge mass of Chinese tourists that are predicted to visit the UK, with only a very small minority having both staff that can speak Mandarin and accept WeChat Pay and Alipay
More than 36% of retailers think that leaving the EU at the end of this month will have mostly negative effects on their business over the next five years. So finds a survey of retailers carried out in November and December by IRX, the leading e-commerce Expo, digital marketing event and retail conference.
Sunday 19 January marks the start of ‘re-resolution week’, offering brands a fresh opportunity to tap into the lucrative ‘new year, new me’ mindset as UK consumers put their New Year’s Resolutions into action three weeks after they have been set.
While UK retail may have taken a hit over the festive season, new research from Salesforce reveals that digital sales across the festive season actually grew 8% to $723 billion globally, driven by mobile.
Retailers must react quickly to customers’ radically evolving expectations and demands to remain relevant and successful, according to a thought-provoking new white paper for retail industry strategists published today by Fujitsu.