Valentine’s Day may be a huge retail sales booster but it wasn’t enough in the UK last month. The latest tracker showed footfall was down 6.8% year-on-year at physical stores and London/South East suffered the most
We didn’t think we’d still be talking about the impact of Black Friday this far into the New Year. But the latest Ipsos Retail footfall tracker, shows us that the big discount day in late November affected January.
How bad was UK retail last month? On the footfall front it was very bad indeed. Ipsos Retail Performance’s Retail Traffic Index showed store visits dropping 9.1%. But was it a sign of worse to come or a one-off blip?
UK retail sales were surprisingly strong last month, the BRC-KPMG sales monitor showed, as online and back-to-school sales rose, while new-in product got shoppers spending. But the BRC's head warned of gloom to come.
Walmart, trailing Amazon in the number of goods for sale on its website, is recruiting vendors in China and other countries to boost its online offerings in a pivot away from Wal-Mart's Made-in-America campaign.