The subscription box market continues to grow with a new report from Royal Mail saying that the market should be worth £1.8bn by 2025. That comes as it doubled by 2020 compared to 2017 with spend of almost £1.4bn
Lord Wolfson, the chief executive of high street retail giant Next, has blamed the government’s “insane” immigration policy for the major shortage of heavy-goods vehicle (HGV) drivers hitting Britain’s supply chain hard.
UK department stores have become an endangered species. The country has lost 83% of its main department stores since the collapse of the BHS chain in 2016, reflecting how hard the high street has been hit.
In a major move to make shopping easier, a new £100 spending limit for contactless payments in Britain will start on October 15, after the go-ahead was given by the Treasury and the Financial Conduct Authority Friday.
First the good news. UK retail sales grew at the sharpest pace since December 2014 in the year to August and orders growth hit a survey record high, according to the latest CBI quarterly Distributive Trades Survey.
Engaging concepts to entice shoppers are just as essential at the top end of the market and until International tourists return in numbers, stores are having to be extra creative to attract those extra shoppers.
Capri Holdings had big news on Tuesday as it announced a new CEO — Joshua Schulman — for Michael Kors. But more importantly, he'll take over as group CEO from John D Idol next year. Idol will become executive chairman.
Footfall in Central and Greater London continued to outpace the rest of the UK in the latest week, says Springboard. Total footfall across the country’s retail destinations fell 1.7% in the 15-21 September period.
Luxury trade body Walpole has published the line-up of speakers for its Future of British Luxury Summit in London next month, including Anya Hindmarch, Chanel, Dunhill, Farfetch, Harrods, Roksanda and Jo Malone London.