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Tuesday 09th of March 2010

News Tag: shoppers

February 11, 2010

Number of vacant High Street stores continue to rise

by Kay Murchie
Research by the British Property Federation Retail Summit has revealed that the some British towns are turning into ghost towns as shoppers continue to avoid the High Street, in favour of online shopping. A recent study by the Centre for Retail Research (CRR) and shopping comparison website Kelkoo, found that UK shoppers spent more online than anywhere else ...

February 1, 2010

Shoppers shun the High Street for the internet

by Kay Murchie
The Centre for Retail Research (CRR), in a study commissioned by shopping comparison website Kelkoo, found that UK shoppers spent more online than anywhere else in Europe in 2009. The research showed that UK consumers spent £38 billion online last year (the equivalent of €1,240 (£1,070) per shopper) and accounted for almost a third of all European sales. Poland was ...

December 29, 2009

Shoppers flood the High Street on Boxing Day

by Kay Murchie
Shoppers were out looking for bargains on Boxing Day after millions flooded the High Street. Shoppers were queuing from 4am at the Bullring shopping centre in Birmingham, while shoppers queued at Lakeside shopping centre in Essex as early as 5am. Retail analysts said around 12 million people hit the High Street on Saturday - with shoppers up by 20% compared to ...

October 9, 2009

Recession see shoppers snub M&S as Primark and Asda grow in popularity

by Kay Murchie
Marks and Spencer (M&S;) is no longer Britain's most popular fashion retailer. Shoppers seeking bargains amid the economic downturn means Asda’s George and discount clothing retailer Primark are the nation’s first and second favourite clothes shops. The budget fashion chains are luring shoppers away from the more expensive retailers and this was highlighted last month after Primark ...

December 29, 2008

Mixed response to post-Christmas sales in the UK and US

by Kay Murchie
As retailers opened their doors after Christmas, shoppers in the UK queued for hours outside shops to grab a bargain. In a bid to entice shoppers into the stores, retailers cut prices by up to 70% in the UK and a record number of stores opened on Boxing Day, sparking a 12.5% increase in the amount of people ...

December 23, 2008

US economy shrinks following bad news

by Kay Murchie
Figures from the US Commerce Department have revealed today that the US economy contracted at its fastest pace in the July to September period, since the aftermath of the 9/11 terrorist attacks 7 years ago. Gross Domestic Product (GDP), which is used as a measure of economic health, fell by 0.5% in the third quarter, said the Commerce Department. Some analysts believe ...

November 16, 2008

US retail sales plummet during October

by Kay Murchie
According to figures from the US Commerce Department, retail sales in the US fell 2.8% in October, the biggest monthly decline for 16 years. The October fall follows a 1.3% decline in September and is further proof that shoppers continue to tighten their purse strings amid the economic downturn and falling house prices. During the last two weeks, US chain stores, including Macy's ...

October 9, 2008

US shoppers continue to tighten purse strings

by Kay Murchie
US shoppers tightened their belts even further in September after retail sales for the month were down. Even discount stores including Wal-Mart, the world’s largest retailer, and wholesale club operator Costco, both reported strong sales, but failed to meet Wall Street estimates. Wal-Mart reported a 2.4% gain in like-for-like sales, which was slightly under analysts forecasts of 2.5%. Sales at Costco ...

July 15, 2008

High Street sales continue to be weak

by Kay Murchie
Figures from the British Retail Consortium (BRC) have shown only a slight sales growth on the High Street in May. Changeable weather and a cutback in consumer spending meant shoppers stayed away last month with like-for-like retail sales falling 0.4%, compared with the same period last year. According to the BRC, food sales were up slightly while the only sector to ...