UK retail crime is at the highest peak since records began. The cost of retail crime in the UK soared to 613 million pounds last year, according to new figures from The British Retail Consortium (BRC). That was a 2 percent rise on 2014 and three times higher than in 2007-2008, the BRC noted. The average […]

British department store John Lewis has launched a ‘Shazam’ for clothing. The ‘Find Similar’ tool for its iPad app uses an image-recognition technology to provide customers with clothing suggestions from the John Lewis offering that are likely to suit their taste. “The technology can also be used on […]

Fashion chain H&M is to upsize its store at the Bluewater shopping centre in Kent, to create a new 40,000 square foot flagship. Land Securities has confirmed that the new flagship will incorporate an additional 15,000 square foot of space and that the building work is to talk place over Bluewater’s […]

ANALYSISPrimark crossed the Atlantic to open its first store in Boston back in September, 2015. With a fast-fashion offer which comes priced at 30-40 percent below its direct competitors’ prices, and a different approach to what the customer wants – no online sales for them, just old good in-store purchases […]

Vacancy rates across UK shopping centres dropped for the third consecutive quarter in a row at the end of last year, accord to the latest figures from the British Council of Shopping Centres. The data reveals a 0.8 percent fall in vacancies year-on-year for the final quarter of 2015. This follows a […]

British consumers remain upbeat about their finances for a second month in a row in January, with GfK’s latest Consumer Confidence Barometer showing that overall confidence increased to four points in January, up from two points in December. This increase in consumer confidence is the highest level […]

UK consumers were less reliant on their credit cards to fund Christmas shopping in December than they were a year earlier, figures from the British Bankers' Association (BBA) show. But ISA savings were plundered as the shopping bonanza got under way, it noted. The BBA said 262m credit card purchases […]

London - As one of the world's leading shopping meccas, London has one of the most costly retail rents. Central London's prime locations have seen boutique and store rents soar 9 percent in the final quarter of 2015, the fastest growth since 1988. This comes as luxury retailers are keen to have their […]

iForce, a supply chain management business in the UK, which operates online and multi-channel fulfilment centres on behalf of clients including John Lewis, Cath Kidston, and Fortnum and Mason, has experienced a record-breaking 2015 with 57.8 percent growth in the number of items it picked for customers […]

The majority of high street fashion retailers suffered through a damp Christmas trading period this season as seen with Marks & Spencer, which reported its worst season for fashion sales to date and Next, which revealed a 0.5 percent decline in sales in the run up to the festive day. Whilst many try […]

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