In the lingering financial crisis, the "lipstick effect" takes centre stage as consumers turn to small indulgences for comfort, leading to a 1,006 per cent increase in demand.
A recent study reveals that retailers are grappling with a surge in customer churn due to rising living expenses, leading to diminished customer loyalty.
The UK retail industry has been battling with the closure of 6,000 retailers over the past five years due to burdensome business rates and the COVID-19 pandemic.
Financial institutions in the UK want to assist clients better, with over 80 per cent of bank executives committed to providing data-driven financial management support.
A recent study reveals a decline in product innovations among major brand manufacturers in Europe's six largest markets amidst falling sales in Fast-Moving Consumer Goods.
A new study reveals that despite a challenging economic environment, Gen Z and Millennial customers prioritise retailers' reputations when making purchasing decisions.
With the rise of mobile shopping and the profound impact of the pandemic on consumer behaviour, retailers are investing heavily in their online presence.
According to the M&S Family Matters Index, family optimism in the UK is at its highest in two years as 45 per cent of the population have high hopes about their future.
A survey has revealed a major shift in payment preferences, indicating that Apple Pay and Contactless Payments will soon overtake cash payments in physical stores, with 87 per cent of face-to-face payments in the UK in 2022 being contactless.
CMA's concerns over unequal promotion on Amazon Marketplace have led the e-commerce platform to commit to ensuring Amazon third-party sellers are better treated.
Recent research has shed light on the shifting trends, indicating a rise in remote work and an increasing preference for second-hand shopping among UK consumers.
The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.
This article provides a comprehensive overview of pallet wrapping machines, covering all the essential information about their functionality and applications.
Makip exposes that the majority of UK online shoppers are worried about the environmental consequences of ordering multiple clothing items in various sizes.
According to a recent report, UK consumers are growing disinterested in the influencer culture, with many unfollowing accounts that portray unrealistic lifestyles.
According to CMA, competition in the UK grocery retail industry will keep price increases low, despite food and grocery costs at historically high levels.
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According to Kanta, a market research company, there was a significant 1.6 percentage point decline in grocery inflation towards the first week in July.
According to a recent study, the increasing adoption of the metaverse and AI-powered chatbots is reshaping how UK consumers engage with brands during purchases.
Inflation in the UK fell to 7.9 per cent in June 2023 from 8.7 per cent in May, marking the lowest rate since March 2022, as reported by the Office for National Statistics.
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The UK food and consumer goods business is facing challenges, including inflation and labour shortages, according to the Institute of Grocery Distribution.
A recent report has exposed the overstocking challenge facing UK retailers, which has led to millions in lost income and jeopardised their financial stability.
UK customers are losing confidence in residential parcel delivery due to concerns about sustainability and deteriorating services.
Online retailers fall short of Google's high search relevancy standards, with "search relevancy" leading the difficulty list for 85 per cent of UK retailers.
The UK retail warehousing sector is witnessing a decline in vacancy rates as retailers capitalise on the availability of second-hand items resulting from administrations and CVAs.
UK online retailers have increased their spending on advertising, inventory and software in Q2 2023 driven by a 15 per cent YoY increase in inventory investment.
UK online retail revenue saw a 1.2 per cent year-on-year decline in June, marking the 26th month of negative growth in a row, according to IMRG Online Retail Index.
The UK food and drink sector is projected to reach £315.2 billion by 2028, a 19 per cent increase from 2023, according to IGD.
Retail sales saw a slight improvement in June, with like-for-like (LFL) sales increasing by only 1.9 per cent, according to the latest data from BDO LLP.
