UK consumers’ penchant for popcorn fuels £3.3bn spending on bagged snacks
Alternative snacks are growing faster than the overall savoury snacks market, as lentil crisps and popcorn lead consumer demand.
Alternative snacks are growing faster than the overall savoury snacks market, as lentil crisps and popcorn lead consumer demand.
Following the sale of its business in May, which has resulted in a Q1 revenue increase, New Look has revealed an operational strategy that includes a focus on standalone menswear stores and expansion across China.
Spending among British shoppers has risen and the amount spent on hotels, restaurants and bars was the greatest at an increase of 8.6 per cent, according to Visa Europe’s UK expenditure index.
Business incubator IncuBus Ventures has forged a partnership with Camden Market, which has been designed to discover local retail innovations and help the North London town become a startup hub.
The UK’s online retailers have been warned not to overlook the grey pound, as over 55s are set to spend £14.5bn on the web this year, according to digital marketing agency Greenlight.
The internet can be a powerful weapon in the battle for brand awareness, but sometimes, in an almost Terminator: Judgement Day-style attack, the machines turn against companies – in some cases because of stupidity.
If the UK’s retailers embed mobile strategies like Apple Pay into tangible locations, it could be the key to injecting £7.8bn into Britain’s high street in 2015, according to RetailMeNot.
The surge in popularity of cycling in the UK has had a positive impact on sales figures at automotive and leisure products and services business Halfords, the company’s most recent financial figures show.
After being announced earlier in summer, Apple Pay, the new mobile payments channel from Apple, has officially launched in the UK. As the face of British retail looks set to change forever, business execs from across the country, and those with overseas experience, have offered Real Business their thoughts, some good and some bad, on the arrival of the new technology.
There was plenty for businesses to be pleased about in last week’s Budget. The cut in corporation tax will be very welcome – as of course will be the levy on “big business” to support the training of apprentices for all firms.