The banking industry group UK Finance announced the deployment of the new £45 contactless limit across UK retailers from 1 April 2020.
The contactless payment limit is set to rise as retailers move to keep staff and customers as safe as possible amid lockdown conditions across the UK. Adjusting the contactless limit from £30 to £45 will allow more customers...
Following today’s news (Monday 23 March) that Primark is set to lose £650m of net sales per month while its stores are closed:
Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view:
“Primark’s lack of transactional website has placed it under additional pressure in the midst of the coronavirus pandemic, with the retailer having...
Supply chain and logistics consultancy SCALA has today announced the start of a COVID-19 supply chain emergency working group, bringing together companies supplying the grocery retail sector to ensure that the industry can “Feed the Nation”.
The working group, known as the COVID-19 Supply Chain Collaboration Group, has already had commitments from over 20 of the UK’s leading grocery manufacturers. The...
The impact of coronavirus (COVID-19) will wipe £12.6bn from retail sales this year, according to preliminary forecasts by GlobalData, a leading data and analytics company. This is equivalent to more than Aldi’s total UK sales last year.
Patrick O’Brien, UK Retail Research Director at GlobalData, comments: “While the food and grocery market will grow at 7.1% - the fastest rate for decades...
A statement from Reed Exhibitions, organisers of RetailEXPO
After monitoring the evolving situation around COVID-19 Coronavirus pandemic, we have made the decision to cancel RetailEXPO 2020, scheduled to take place from April 29+30 in Olympia, London.
Having considered all options and given the rapidly changing environment, rescheduling for later this year is no longer feasible and so this is the best course...
Don’t be fooled into thinking that conventional tech team processes will help you find all the online glitches that are losing your ecommerce operation sales. In fact, only a third of all the bugs that sap sales figures can be found that way.
The other two major sources of problems that hurt your business – hidden bugs and bugs in...
Company benefits have become quite topical recently. There are many companies that offer unlimited holidays, shorter working hours and the opportunity to work from home. But are these beneficial for the business? Impact International, experts in transformational leadership investigate…
Unlimited holidays
This perk sounds like an attractive one to many employees. If your company offered this benefit, there would...
In 2020, it’s no surprise that a brand must do more than simply sell a product. Each company needs to go above and beyond to retain customers and establish its place as a market leader — involvement with wider political matters is a big part of this effort. When brand ethics shine through, customers will appreciate the company’s commitment...
Wildly unconventional benefits and perks have surfaced over the last few years, with research estimating that increasing happiness can boost productivity by around 12 per cent, showing the benefits of focus.
Let’s be honest, it’s hard to feel motivated when you’re at work. For most people, having a job is a necessity rather than a choice, and the best that...
A recent study by Shape-the-Future involving 400 business decision makers revealed an astonishing 82% of those taking part admitted to being influenced by awards when buying products and services for their business. Of these 400, 76% agreed with the statement “Awards are important for generating business or improving the value of a brand”.
Winning a business award provides a credible...