Boxing Day 2021: What happened on one of the busiest shopping days?
Retail has suffered immensely since the outbreak of the Covid-19 virus with brick-and-mortar stores taking the bulk of the hit. Nevertheless, due to the successful vaccine rollout, retailers had hoped for a ‘back to normal’ boxing day and prepared physical stores for a successful December. However, the typical boxing day scene of long queues […]
A pandemic Christmas: Key Shopping Dates and Demands
Christmas in the middle of a pandemic is different. Britons spent Christmas last year in lockdown, celebrating only with their household. This caused a negative impact on the retail sector as demand for Christmas products, from Turkey to clothing, was lower than previous years. However, this Christmas season, McKinsey has forecasted a strong demand as […]
The State of the Global Supply Chain this Christmas
The most common method for deterring and identifying theft is currently CCTV cameras. 54% retailers have said that CCTV systems have significantly reduced theft and fraud by staff and contractors. However, they have limitations, and theft cost UK retailers £2.2 billion and US retailers nearly $62 billion in 2019. 2020 also made retail stores a […]
Giving Back During the Christmas Season Can Boost Retail Sales
Retailers have found different ways to give back during the Christmas season and encourage shoppers to do the same. Being charitable has helped stores sell more products, improve brand image, and gain loyalty from consumers. Here are some exciting ways retailers are giving back this season: Lancôme The […]
Travel retail: How will airport retailers recover from Covid-19 losses?
The Covid-19 pandemic has gravely impacted the retail industry. While high street retail is starting to recover, airport retail is still operating in uncertainty due to the low footfall and advice against non-essential travel. Pre-pandemic expectation was that airport retail sales would reach $48.2 bn in 2020, a 6.1% rise on 2019 levels. This […]
Freedom Day: Retailer’s Struggles and Solutions
In a bid to get back to normal, whilst living with the Covid-19 virus, the UK government has scrapped all legal restrictions on social distancing and mandatory masks as of July 19th 2021. Individual retailers are now responsible for making their own rules on the matter and imposing them; and the safety measures in place […]
7 advantages of brick-and-mortar stores in the post pandemic era.
Brick-and-mortar retail stores have been given the green light to reopen in England on April 12th; and further good news comes from Sharecast which predicts footfall to rise 47.9% upon reopening. Now seems to be the perfect time to create a seamless omnichannel shopping experience in order to reengage your old customers and […]
Roadmap to recovery: 8 ways to get your retail store ready for reopening based on new shopping trends
Whether you’re an online, brick-and-mortar, or multichannel retailer, there is no denying your customers’ behavior has shifted since the outbreak of Covid-19. The physical stores will always be an important touch-point for customers’ shopping journey; however, the role of the physical store is evolving as consumers demands, priorities and needs continue to change […]