Like-for-like retail sales up 3.2% in March

Like-for-like retail sales up 3.2% in March

Retail sales increased by 3.2% in March on a like-for-like basis compared to the same month last year. On a total basis sales were up by 4.7%. Figures published in the BRC-KPMG Retail Sales Monitor show that total food sales experienced their strongest growth since July 2013, growing by 1.8% in the three months to March although they were helped by the Easter distortion. On a like-for-like basis food sales edged down 0.4% David McCorquodale,…

Read More

Consumer Spending On Mobile Devices Set To Top £53bn A Year By 2024

Consumer Spending On Mobile Devices Set To Top £53bn A Year By 2024

New research is predicting that consumer spending on mobile devices will top £53.6 billion a year by 2024 compared to the £9.7 billion spent today. However, the research by Barclays shows that the influence of mobile on spending is expected to more than double this figure from £18.4 billion to £112 billion over the same period. This means that over 42% of all retail sales are expected to involve a mobile device in some way…

Read More

Browsing Is Important Part Of Multi-Channel Shopper Journey

Browsing Is Important Part Of Multi-Channel Shopper Journey

Retailers are increasingly recognising that browsing online and in-store is an important part of the shopping experience as they cast aside conversion rates to focus more on boosting dwell times and improving engagement. By Glynn Davis Speaking at a packed Retail Bulletin Omni-channel Summit 2015 in London last week, Aaron Chatterley, founder of Feelunique, says: “Our conversion rate is only five per cent so only one in 20 people through the [online] door purchases. They are digitally browsing…

Read More
1 3 4 5