Black Friday UK 2015: Amazon, Currys PC World, John Lewis and Asos to be winners – while AO World, Home Retail Group and Game Digital will be losers November 18, 2015 Black Friday is less than 10 days away (27 November for those who haven't marked it in their calendar/had it tattooed on their forehead) and UK retailers are falling over themselves to get the sales bonanza right. Some, like Asda and fashion brand Jigsaw, have walked away from the discount day. But others are planning to [...]
Black Friday 2015 UK: Will this be the last deals day of chaos? How smart tech will turn the sales event into a great shopping experience November 17, 2015 Last year shoppers in the UK spent £810m on Black Friday. Predictions are that the UK will see the first ever £1bn shopping day this year, when it lands on 27 November. The build-up is hugely hyped, alongside secrecy on the parts of many retailers about their killer offers. But what about the chaos that [...]
Walmart results: Asda third quarter sales drop as parent company’s performance improves November 17, 2015 Asda's chief executive Andy Clarke will be coming under greater pressure, as the troubled supermarket reveals another drop in sales. Back in August, Clarke said the supermarket had reached its nadir – but today it appears to have fallen further. Like-for-likes at the Walmart-owned grocer fell 4.5 per cent for the 13 weeks to 30 September. That [...]
Kantar figures show Aldi and Lidl combined now account for 10 per cent of UK grocery market November 17, 2015 Budget supermarkets Aldi and Lidl now account for 10 per cent of all spend on the British grocery market for the first time since they launched in the country, new figures reveal. The two grocers have stolen market share from the more established supermarkets in a short period of time. Just three years ago, their [...]
Black Friday 2015 UK: Retailers must ensure their employees do not take all the best deals ahead of other consumers to “resale” items at a profit November 16, 2015 Black Friday is almost upon us and with such a buying frenzy, retailers and consumers should have their eyes open to the risk of fraud. Consumers face the risk of bogus websites and online scams; and retailers are also exposed to increased risk, from amongst their own ranks. A significant amount of retail fraud comes [...]
Black Friday 2015: A third of British and American retailers say the sales bonanza is unprofitable November 16, 2015 Britain's biggest online shopping fixture Black Friday is dividing the retail industry, with a third of major retailers saying it is unprofitable while the same number believe it provides a major fillip, research by LCP Consulting shows. The business consultancy firm’s annual Omnichannel report released today found that retailers with an established presence both in bricks [...]
Discounters Aldi and Lidl pick up the space race left by Big Four supermarkets November 15, 2015 The big four supermarkets may have called an end to the space race. But for Aldi and Lidl the race has just begun, after new figures show the discounters have submitted plans for nearly five times as many stores. The latest data from construction data firm ABI Barbour shows that Aldi has submitted 93 planning [...]
The end of Black Friday: Why the seasonal price-slashing frenzy is too unprofitable to last November 15, 2015 Asda's decision to pull out of Black Friday may have hit the headlines last week, but the move was far from unprecedented. In the US, where this seasonal price-slashing frenzy originated, held on the Friday after Thanksgiving, retailers have also started to back off. The outdoor and sporting goods chain REI, which has more than [...]
Black Friday 2015 versus 2014: One chart showing why this year’s shopping event is set to be the biggest yet November 15, 2015 Millions of shoppers made the most of Black Friday's bonanza offers last year, but some retailers were left wondering if the deal day was really all it's cracked up to be. Asda has already "called time" on a single massive sales day in favour of spreading out savings for customers, as have high street fashion chains [...]
Asda’s ToYou teams up with online retailers for launch of parcel collection service in UK stores November 12, 2015 Shoppers will be able to pick-up goods in Asda supermarkets that they have ordered from other online retailers as part of a new service launched today by the Walmart-owned chain to boost footfall in its stores. The retailer said the new service, called ToYou, allows customers to collect and return orders placed with third parties at any one of [...]