Retail Week | News, insight, video and data
WEBHow AI will transform the digital shopping experience. Retail industry news, analysis, video and key retail market data – from across the entire retail sector.
Ranking: The UK’s top-performing designer outlet centres
WEBAs Hammerson sells its stake in Bicester Village owner Value Retail, we teamed up with JDM Retail to reveal the ultimate ranking of the UK’s top-performing designer outlet centres
All News articles - Retail Week
WEBSep 16, 2024 · Over 17,000 high street shops could shut over the next decade due to business rates, BRC warns. 12 September 2024. The retail sector is overtaxed compared to other sectors of the economy in the UK putting over 17,000 high street shops under threat over the next decade, new research by the British Retail Consortium (BRC) has …
Inside Ikea’s innovation strategy: Stores, AI and supply chain
WEBOct 12, 2023 · We take you inside Ikea’s plan of action. Swedish furniture retailer Ikea was established in 1943 and operates 460 stores across 62 markets. The business reported a total sales increase of 6.5% to €44.6bn (£38.5bn) for fiscal 2022. It hosted 822m visitors to its stores and 4.3bn visitors across its online channels that same year.
Value tech player Buy It Direct: The online retailer disrupting the ...
WEBAug 20, 2024 · Buy It Direct Group has reached the milestone of 25 years in the retail game, acquiring tech, electricals, furniture and bathroom brands along the way.
Iceland posts record profits as shoppers devour its £1 range
WEBJul 28, 2024 · Iceland has posted record profits as shoppers devoured its £1 range. The performance also reflected lower electricity costs and shoppers’ desire for value for money as the cost-of-living crisis hit. Energy costs had previously impacted the retailer hard because of its need for large freezers. Iceland told bondholders last week that ...
Deliveries enable ecommerce growth. Here’s how | Retail Week
WEBFeb 27, 2024 · What might look to the untrained eye like straightforward logistics is in fact pivotal to the customer experience. Get deliveries right, your brand will stand out, customers will shop again and they will spread the word. By rethinking last-mile deliveries, the post-purchase experience and their approach to returns, retailers can enjoy higher ...
All Footfall data articles - Retail Week
WEBJul 3, 2024 · London Designer Outlet (LDO), located at Wembley Park, has recorded its strongest first quarter ever as sales surpassed £20m for the first time. Retail footfall sees ‘modest’ rise boosted by Easter weekend. Retail footfall in March increased across all destinations as the Easter weekend helped boost footfall.
Ranking: The top 30 biggest retailers in the UK and where they’ll …
WEBFeb 11, 2024 · Our annual ranking of the 30 biggest UK retailers and five-year forecast from FY2022 is never short of thrills and spills. This year, in partnership with our sister brand Retail Navigator by Lumina Intelligence, we reveal that Asos will get pushed out, the discount grocers will hit their peak and fast-fashion …
Holland & Barrett invests in AI to track footfall across stores
WEBJun 10, 2024 · Holland & Barrett is investing in AI footfall analytics in its latest tech push to “gain valuable insights” into performance across more than 1,000 stores in the UK. The UK’s largest health and wellness retailer has partnered with MRI Software, a provider of retail property technology, to use the analytics technology.