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A new survey taken by Cap Gemini’s Digital Transformation Institute, suggests that a growing number of consumers are becoming increasingly disconnected with the physical store experience. The survey, which included countries such as UK, US, China, Germany and Sweden, showed that only 45% of consumers regarded the physical store as an important feature....

Online fashion retailer Zalando reported sales in the fourth quarter had grown by 25-26%, taking the total revenue in this period to £1.086bn. This marks a recovery on the 17% in growth from the third quarter, however according to Thomson Reuters Smart Estimates, the total comes out to be slightly less...

Greggs, the British Bakers, today reported growth of 6.4% in sales in the fourth quarter, taking the company’s like-for-like sales growth for 2016 up to 4.2%. That shows an improvement on the 2.8% growth they had in the third quarter. Some of the success was attributed to increases in popularity...

Despite solid festive sales being reported by many high street retailers, overall footfall was down 0.2% when compared to December 2016. The continued rise of online shopping has resulted in a reduction in footfall for many retail outlets. The decline in footfall however, was not as steep a decline as...

Online retailer, Shop Direct, reported an increase of 9% in year-on-year sales in the 7 week run up to Christmas.  The company, which owns both Very.co.uk and Littlewoods.com, has seen its fifth year of consecutive growth following a record-breaking Christmas. Sales made from mobile devices made up 68% of all...

Fashion retailer Burberry will announce its sales figures on Wednesday, with analysts predicting the company will declare a 2% rise in like-for-like sales. In addition to this, it is likely that the post-Brexit fall in the value of the pound contributed to the increase in sales, with the reduction attracting...

The purchase of luxury items such as white truffles and hand-carved smoked salmon saw the upmarket retailer, Fortnum and Mason report a 16% rise in like-for-like sales. Online sales accounted for 34% of total sales over the festive period, as they grew by 12% with a peak on December 12th....

As a response to the Brexit vote in June, shoppers from abroad have headed to Britain to exploit the subsequent drop in the value. This triggered a rise in the spending on foreign credit cards, with shoppers spending more than £725m on the high streets during December. The majority of...

As the dust settles from Super Thursday, Moss Bros have also reported their sales figures for the year. Sales announced today showed that total sales for the 23 weeks up to Christmas had increased by 7.6% on the same period last year. Ecommerce sales accounted for 11% of the revenue...

Today marked the day on which several of the larger retailers who had not already done so, released their sales figures for the Christmas period. These include brands such as John Lewis, Primark, Debenhams and JD Sports and Tesco. John Lewis reported that like-for-like sales in their stores rose by 2.7%...