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The retail figures for January are in and paint a mixed picture, with the good news of an overall like-for-like increase of 1.1 per cent in sales muddied by news that non-food sales slipped 1.6 per cent. Retail Week reports that BRC-KPMG Retail Sales Monitor numbers showed a total sales …
Read More »RTT: Indie retailers can survive recession
Market analysts have today insisted that the global recession will not lead to the end of the current High Street model as we know it, and that the future of UK shopping has a place for both nationals and independents. In its latest white paper, the KPMG/Synovate Retail Think Tank …
Read More »Empty shops to reach record levels
The worsening conditions on the UK High Street could lead to a record number of vacant retail outlets by the end of the year, analyst Experian has predicted. Ongoing retail administrations, disposals and rationalisations are expected to see the vacancy rate climb from its current seven per cent to ten …
Read More »High Street sales reach unprecedented pre-Xmas levels
New research from PricewaterhouseCoopers show that 82 per cent of UK High Street retailers are now offering significant sales or reductions in an effort to get shoppers spending money in the run-up to Christmas. Retail Bulletin reports that just 52 per cent of stores were running sales promotions one month …
Read More »Tomorrow is the biggest day for UK retail
Global credit giant Visa has claimed that tomorrow, Saturday December 20th, will be the busiest day on the UK High Street this Christmas. The firm expects to process over 15 million transactions throughout the day, totalling around 750 million. To be even more specific, Visa says the busiest five minutes …
Read More »Early December High Street stats positive
The latest UK High Street statistics from Synovate Retail Performance show that the number of non-food shopping trips made between November 30th and December 6th climbed by 10.1 per cent compared to the week before – though the number is still 4.1 per cent down on the same week in …
Read More »VAT cut cant stop poor December at retail
Retailers will need to use every tactic at their disposal” – that’s the message from a leading High Street analyst today as it predicts a gloomy December at retail despite Chancellor Alistair Darling announcement of a VAT drop yesterday. Synovate Retail Performance has claimed that it now expects non-food shopping …
Read More »Original Street Fighter movie heading to Blu-ray
February next year looks to be the month where it all happens for Street Figher fans – as if the news of the console release of Street Fighter IV wasn’t enough to digest, gamers will now also be able to get their hands on the Blu-ray release of 1994 movie …
Read More »Retailers ready for biggest ever launch week
Retailers are facing what could be the biggest release day in industry history next Friday – having hardly had chance to catch breath since the release of Gears of War 2 and LittleBigPlanet. World of Warcraft, Mirror’s Edge, Football Manager and Call of Duty are all amongst next week’s line-up, …
Read More »Disney Mall Tour kicks off
Having already outlined its plans for its huge Q4 marketing campaign dubbed ‘All Singing, All Dancing, All Gaming – All Disney’, Disney will this weekend embark on a nationwide mall sampling tour to promote its top line titles. Games getting some special attention throughout the campaign include quiz title Disney …
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