Energy-saving product high on public agenda this Black Friday
UK shoppers are planning to hunt for energy-saving bargains, including blankets and small space heaters, on Black Friday this year. According to new research announced today by quantilope, the research platform that automates advanced research methodologies, more than a quarter (28%) of shoppers plan to buy products to help save on their energy bills this […]
eCommerce and retail ‘facing digital skills gap’
Demand for digitally skilled workers in UK vertical industries including technology, finance, ecommerce and retail, is outgrowing the level of digital skills available. Yet, only half (51%) of British companies within these vertical industries are willing to spend more than £25,000 on recruitment and learning and development (L&D) combined, to boost skills such as cybersecurity, […]
Retail recalibration ‘key to success’ in hybrid customer era
82% of in-store purchases are influenced by online channels, according to latest research from Manhattan Associates. The omnichannel commerce specialist has revealed the findings of its latest international research, highlighting the need for retailers to keep up with the pace of evolving consumer expectations. It also revealed a retail landscape where the lines between physical […]
Nearly one-third of consumers are planning to spend less this Christmas
Twenty-eight percent of consumers are planning to spend less this holiday season and only 10% plan to spend more than previous years, according to a survey by Gartner. For consumers who anticipate spending more, the vast majority of consumers note that it is a result of brands raising prices due to inflation. Gartner surveyed 306 […]
US e-commerce market to hit $1,574.5bn in 2022
E-commerce sales in the United States are expected to grow by 11.8% on annual basis to reach $1,574.5 billion in 2022. A new report from ResearchAndMarkets asserts that B2C e-commerce is expected to grow steadily over the forecast period, recording a CAGR of 10.22% during 2022-2026. The country’s B2C Ecommerce Gross Merchandise Value will increase […]
Consortiums like Stripe’s can help companies achieve net-zero goals
Consortiums, with a collective goal of reducing carbon emissions, can address common challenges and attract investment from big companies to accelerate and support the implementation of decarbonisation strategies. Vaibhav Gundre, Senior Consultant of Disruptive Tech at GlobalData, said: “There is a growing consensus that to achieve the 2050 net-zero goal requires collaboration among the governments, […]
62% of consumers dissatisfied with retailers’ sustainability efforts for delivery
Only 38% of consumers feel retailers are doing a good job of using sustainable delivery practices. Over 50%, however, indicate they were quite/very interested in environmentally friendly delivery methods, and 54% would be willing to accept longer lead times for an environmentally friendly delivery. Those are the headline stats from Descartes’ Retailers: Sustainability is Not a […]
Retail and high-tech top industries for most web attacks in 1H 2022
Radware‘s First Half 2022 Global Threat Analysis Report. says the cyber threat in 1H22 shifted from the consequences of the pandemic, including an increase in attack surfaces driven by work from home and the rise of underground crime syndicates, to a ground swell of DDoS activity launched by patriotic hacktivists and new legions of threat actors […]
ONS Retail Figures – ‘Retailers must adapt and meet consumer demand’
The latest ONS Retail results for the month of July show a significant shift in consumer spending. Whilst food store sales rose by a disappointing 0.1%, specialist food stores like butchers and bakers saw sales jump by 4.7%. Sachin Jangam, CPG, Retail & Logistics Lead, Infosys Consulting, who previously led innovation teams at Tesco and Sainsbury’s and has spent his career helping […]
5 ways the checkout is changing
The retail landscape in the UK is changing. More and more UK shoppers are moving online, and this has created an opportunity for retailers with a strong online presence to win more sales. But new research from YouGov suggests that incumbent payment methods like cards, which were built for the pre-internet economy, are increasingly holding […]
