Articles about UK

The IPO spring edit from My-Retail Media

For some retailers, a flotation on the London Stock Exchange has been on the cards for years, biding time until the UK’s economic recovery makes enough progress to start pursuing an offer.

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A third of UK shoppers visit a store before making purchases online

New research from e-commerce giant eBay has shed new light on the way consumers interact with multichannel retailing brands – with a third of those surveyed using both online and offline sales channels in their purchase journey. A survey conducted in the UK and Germany found that 31 per cent of consumers visited a store before buying online, while 34 per cent research a product online before making a purchase in store.

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The London Fashion Week edit from My-Retail Media

Had enough of fashion week mayhem yet? No? Good, because we’re only halfway through and there’s plenty more runway to keep up with.

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Survey reveals true buying power of the nation as 18% of consumers make up three quarters of UK’s retail spending

A new survey by Deloitte has found that nearly three quarters of all retail spending in the UK is made by a top strata of ‘Super Shoppers’, accounting for just 18 per cent of the nation’s consumers.

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BRC proposes three options to overhaul business rates, Treasury considers proposals

The British Retail Consortium (BRC) will outline three potential options to modify business rates on Monday. The BRC hired accountancy firm EY to research potential alternatives to the controversial tax, which has been at the forefront of retail news following a spate of retail insolvencies over the last few years.

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Asda to donate £400k in UK flood relief

Supermarket giant Asda has announced it will donate £400,000 to local communities affected by the recent spate of floods to hit the UK.

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Supergroup boss believes Germany could overtake the UK
Photo credit: Superdry

Supergroup chief executive Julian Dunkerton confirmed on Thursday that the group will shift its focus towards international expansion and expects its German business to overtake its home market. Dunkerton said the Superdry owner will shift some of the focus away from the UK in order to focus on international expansion in its next financial year, which starts from April.

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Amazon UK sales slow as competitors rise to the challenge

Whether it’s down to Amazon’s dealings over corporation tax or simply facing stiffer competition from its rivals, the world’s largest online retailer this week revealed a drop in pace for its UK sales.

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Carpetright warns on profit for second time
Photo credit: Carpetright

Carpetright has once again warned on full-year profit after a slight sales pick-up in the UK was not enough to offset its troubled European business. Britain’s foremost floor coverings retailer said on Tuesday that sales at UK stores open at least a year rose 1.9 per cent in the 13 weeks to January 25, reversing a 0.8 per cent decline from its fiscal Q1.

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Top chief executives blast Government for lack of respect towards retail
Photo credit: My-Retail Media

Some of the UK’s leading chief executives in the retail industry feel that the Government is taking the high street for granted, according to a recent survey. A survey of 25 chief executives from some of the UK’s top retailers found that over half feel let down by the Government’s lack of support for the industry.

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