UK store portfolios could be cut by as much as 20% as the migration to online, Brexit uncertainty and increasing consumer caution continue to bite, according to a quarterly update from KPMG/Ipsos Retail Think Tank (RTT).
The UK has been named as the largest online exporter in Europe, beating Germany and France, and clothing is the most popular category for cross-border shoppers, according to a new report conducted by PayPal.
A new report has revealed that more Irish consumers purchased goods from an international online store than they did from an Irish retailer, with the UK, the US and China leading the top import markets.
Snow drove shoppers away from UK stores last month with footfall down nearly 12% and close to 29% in the first week of the month. The new report from Ipsos Retail Performance also said London/South East suffered most.
Valentine’s Day may be a huge retail sales booster but it wasn’t enough in the UK last month. The latest tracker showed footfall was down 6.8% year-on-year at physical stores and London/South East suffered the most
We didn’t think we’d still be talking about the impact of Black Friday this far into the New Year. But the latest Ipsos Retail footfall tracker, shows us that the big discount day in late November affected January.