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A great move for Primark and its customers. Whatever size retail business you are, Connected Retail is the way forward. Fully integrated to optimise, payments, stock management, loyalty, returns and customer journey. #omnichannel #retail #connectedretail #embeddedpayments

'Asda sales boosted as George ‘outperformed’ the market 🚀 Asda saw sales rise in its first quarter results as it claimed its clothing business outperformed the fashion and homewares markets during the period. 📈👕🏠 #Asda #RetailSuccess #FashionIndustry #MarketGrowth' by Retail Gazette about Asda

Spending on fashion was weak last month as households delayed purchases of new winter clothing, new figures from the British Retail Consortium (BRC) show. "Retailers will be hoping that seasonal spending is delayed not diminished and that customers get spending in the remaining weeks running up to Christmas." Read more below. #fashion #retailsales #christmas #blackfriday #BRC #fashionsales

According to the BDO High Street Sales Tracker, Fashion really struggled in April probably not helped by the wet weather. We have all heard of April showers but the current pattern seems more like the April monsoon to me! This has stalled our wardrobe change when normally retailers would start to see customers shopping their new Spring & Summer ranges in readiness for the first heat wave. High street sales fell for the fifth consecutive month with April tracking 1.7% down. Fashion and Homeware were worst affected at -8% and -1.5% respectively. The Homeware sector includes cookware, furniture, floor coverings, lighting, linen & textiles. That now means Fashion has had 8 months of negative store sales on the bounce. When online is factored in, we see a more positive picture for the homeware category taking it from negative to a small positive position. The only sector breaking the mould was Lifestyle. This is defined as general household goods, gifts, health, beauty and leisure goods - both stores and online grew over the period vs 2023 which is good to see. Online sales performed better last month so when seen in the round with stores, April recovered to being broadly flat. No question, we are all cutting back on discretionary spending and there's a trend increasingly to spend our money on experiences rather than conventional products. Inevitably, this may lead to further consolidation in the sector with more jobs potentially at risk. Let’s hope we can ride the storm and interest rates start to fall soon. I'm also looking forward to seeing that large golden ball high up in a clear blue sky to create that much needed feel good factor! 

Primark was slower than its rivals to move online—and it continues to take a cautious approach as it expands its click-and-collect trial. It's a strategy that has paid off so far, with the retailer reporting robust trading last year—in contrast to the declines faced by some of its online fast-fashion rivals. I shared some thoughts with Retail Gazette's Georgia Wright for this article that explores what the future holds for Primark online. https://lnkd.in/e-hDSVfd #primark #fastfashion #ecommerce #clickandcollect

Interesting article about Primark's click & collect trial in London. The test & learn introduction to Ecommerce benefits both customers & store traffic. Will Primark go further into online selling? The article explores the barriers Primark faces, such as margin, returns rates, basket size & delivery costs. But there are other issues such as single picking & central stock availability. With substantial opportunities for growth without 'risking' online profitability, will a digital loyalty scheme, the symbiotic relationship between stores & online & the need for greater social media presence for Gen Z make online selling an inevitability? Read more here: https://lnkd.in/eg2d4PD7

DUE TO MASSIVE PUBLIC DEMAND THE REVLIFTER INDICATOR IS BACK! According to 2 Visions research that we recently featured on a webinar, 62% of shoppers primarily delay clothing purchases until they can secure them at a discount. Gotsta get that pricing right or ride the discount train. #ecommerce #discounts

Stores closed at a rate of 38 a day in the first half of 2024, but the closure rate has stabilised, new data shows. Read more here. #fashion #fashionnews #retail #retailnews

Target will report earnings before the bell. Here’s what to expect #TargetCorporation #Retailer #GeneralMerchandise #Shopping #OnlineShopping #Fashion #Discounts #EverydayEssentials #Apparel #Accessories #Beauty #HouseholdEssentials #FoodandBeverage #HomeDecor #DigitalChannels #Ecommerce #Brands #FashionTrends #CustomerExperience #Convenience #QualityProducts #RetailIndustry #TargetGuests #SupermarketComparison #InnovativeRetail #Report

#retailsales values grew y-o-y by +3.1% in Feb, but volume growth (-0.5%) remains elusive - for now. Implied shop price inflation (3.6%) coming down nicely. More revealing than the headline stats of a "a flat m-o-m performance" and the ONS declaring strong volume growth in clothing (y-o-y #fashion values -1.9%, volumes -6.8%). #consumerdemand remains volatile. #kfretail #highstreet #online #retail #grocery #ecommerce #online https://lnkd.in/gUw6Ke_k