Retail News

We act for a large number of retail, wholesale & e-commerce firms across all three of our offices
How has 2020 changed the retail sector?

How has 2020 changed the retail sector?

Introduction 2020 has been one of, if not the, toughest year’s for retail. With many non-essential retail stores forced to close during periods of the year, this led to consumer spending changes with many consumers starting to shop online or more locally. In this...

Chancellor Announces New Grant for Businesses

Chancellor Announces New Grant for Businesses

The Chancellor has announced a new one-off top-up grant which will be available for businesses in the retail, hospitality, and leisure sectors. The grants will be worth up to £9,000 per property. This grant is available on top of business rates relief and the furlough...

How can Small Local Retailers have a Successful Christmas?

How can Small Local Retailers have a Successful Christmas?

Perhaps unsurprisingly, recent figures have shown that retail footfall declined in November and was expected to fall by 62% over the six-week period leading up to 22 December.  This is clearly a very challenging period for the retail sector, especially for those small...

Has COVID-19 Changed our Spending Habits?

Has COVID-19 Changed our Spending Habits?

Introduction In this article, we are going to be discussing COVID-19 spending habits.   The use of cash is declining quicker The amount of cash being used was decreasing before the coronavirus lockdown and the coronavirus pandemic has only sped this up. Customers are...

Is the Retail Sector Slowly Starting to Recover?

Is the Retail Sector Slowly Starting to Recover?

The latest figures from the Office for National Statistics certainly suggest that the retail sector is slowly recovering since the coronavirus crisis. In July 2020 the volume of retail sales increased by 3.6% and is 3% higher than pre-pandemic levels in February 2020....

Are we heading towards a cashless society?

Are we heading towards a cashless society?

Has COVID-19 affected the use of cash? In the last few years, the use of cash has been declining as electronic payments have been on the rise, with many believing that cash would eventually become antiquated. In 2008 63% of all transactions were made in cash, in 2018...

All non-essential shops expected to reopen from 15 June

All non-essential shops expected to reopen from 15 June

All non-essential shops expected to reopen from 15 June The Prime Minister, Boris Johnson has announced that all non-essential retailers in England will be able to reopen from 15 June but added the caveat that this is “contingent on progress in the fight against...

March retail sales decline due to coronavirus lockdown

March retail sales decline due to coronavirus lockdown

March retail sales decline due to coronavirus lockdown Retail sales in March decreased by 4.3% compared to 2019, according to the British Retail Consortium (BRC). Figures from Barclaycard advocated a large increase in supermarket sales as individuals began to...

Contactless spend limit to be increased; COVID-19

Contactless spend limit to be increased; COVID-19

Contactless spend limit to be increased; COVID-19 On 1 April the spending limit for contactless card payments will be increased from £30 to £45. This is an attempt to reduce the use of paper money during the COVID-19 pandemic. This decision has been made by the...