Retailers
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Jun- 2018 -25 June
Goldsmiths jewellers owner appoints banks ahead of IPO listing next year
The parent company of British jewellery retail chain Goldsmiths has appointed two banks to manage its flotation on the stock market next year. Aurum Holdings, which also owns Watches of Switzerland, has appointed Goldman Sachs and Barclays to aid with a public listing that may take place in London next…
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22 June
Millennials ‘prefer real world over online’ despite high street issues
Millennials prefer to shop in store rather than online despite high street businesses’ problems, a study has shown. The fashion retail barometer, compiled by emotion analytics firm Adoreboard and survey platform OnePulse, explored brand rankings and off-line vs online preferences, revealing 49% of millenials prefer to shop for clothes in…
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21 June
UK’s indies outperform global retailers with 20% growth
Sales volumes for Britain’s independent retailers in the past 12 months were 20% higher than the global average, according to data from retail management software provider Vend. This insight comes from Vend’s first Retail Benchmarks Report, which compared data from over 13,000 retailers and found average monthly sales volumes per…
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21 June
Savage & Rose launches one-of-a-kind collection for exclusive retail partner
London-based jewellery brand Savage & Rose has created a special collection of nine one-off designs, which it will be offering to one retailer on an exclusive basis. The nine-piece collection, comprising of diamond and 18ct gold designs from its Ornate range, features cuffs, rings and earrings that perfectly embody Savage…
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20 June
Independent retailers feeling ‘optimistic’ about high street future
More than half of the nation’s independent high street retailers are optimistic about the future of their local high street – and four out of five shoppers would miss their local high street if it was no longer there. This is according to new research to launch the government-run Great…
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18 June
Card payments overtake cash for the first time in the UK
Cards have overtaken cash as Britain’s most frequently used method of payment, thanks to the rise in contactless cards. Steve Newton, executive vice president, UK and Europe of Worldpay, said the UK has passed “a major milestone on its journey to a more digital future”, adding that “the popularity of…
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14 June
Retailers say not enough is being done to support mental health at work
According to a survey of 1,100 UK workers, 75% of retail professionals agree that not enough is being done to support mental health at work. The survey, conducted by independent job site CV-Library, revealed that more than half of employees (57.7%) have considered resigning from a job due to lack…
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13 June
Most UK consumers are happiest when shopping online
The majority of UK consumers are happiest online when completing an online purchase, a study has revealed. Research conducted by e-commerce martech company Rokt revealed 71% of UK consumers feel happiest when they are shopping online, with 43% consumers linking the emotion of excitement with making an online purchase. The…
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13 June
Almost half of consumers prefer independent stores
New research has found that nearly half (42%) of consumers would shop with an independent retailer because they prefer to support smaller operations over a larger retailer. The YouGov research commissioned by marketing automation suite Pure360 also found that awareness of the smaller operations is growing, with 63% of consumers…
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12 June
87% of UK’s top retailers risk revenue losses through poor mobile site performance
Almost nine in 10 (87%) of the UK’s top retailers are risking a significant drop in online visibility by neglecting their mobile site performance, according to new research. The report, carried out by e-commerce and digital agency Visualsoft, found that ‘worryingly low’ numbers of retailers have taken strides to improve…
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