With consumers growing accustomed to the constant stimulation of digital multitasking, many shoppers are finding that the act of purchasing is not enough to keep them entertained. By the Numbers The “How Connected Devices Enable Multitasking Among Digital-First Consumers” edition of the PYMNTS Intelligence “How We Will Pay” study drew from a survey of more...
Tag: Retail
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Jingle All the Year: The Connected Economy Transforms Christmas in July
Amid the sun-soaked days of July, a surprising holiday has taken gained popularity over the last 90 years: Christmas in July. Once one summer camp’s whimsical tradition, it has become a more widespread phenomenon, with eCommerce merchants and digital streaming platforms taking advantage of the opportunity to win connected consumers’ engagement by harnessing their year-round...
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30 UK Aldi stores to undergo refurbishment in summer 2024
The updates will include installing energy efficient technologies, refreshed signage and redesigned store layouts. Credit: © Aldi. British supermarket chain Aldi has announced a list of more than 30 stores that are set to undergo an extensive refurbishment in the summer of 2024. The strategic move comes as part of a broader effort to upgrade...
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UK fashion shoppers ditch supermarkets for trendier rivals
GlobalData apparel analyst Alice Price said consumers are becoming more discerning over fashion purchases, leading them away from supermarkets, which are generally seen as less fashionable options. Credit: Shutterstock. Between 2021 and 2023, the UK’s ‘Big Four’ supermarkets’ share of the country’s apparel market fell 1.6ppts from 8.4% to 6.7%. GlobalData said the rising cost...
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In data: Sports Direct is the most visible online footwear firm in the UK – Just Style
The report highlighted that these brands stand out as “ones to watch,” experiencing the most significant growth in the market. Credit: Shutterstock Analysis by search marketing platform Salience revealed that Sports Direct leads the online footwear industry, boasting a 21% increase in visibility to 187,700 over the past year. JD Sports secured second place with...
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UK Consumers Love to Shop From the Comfort of Their Homes
Shoppers in the United Kingdom love eCommerce, disproportionately preferring to make purchases online without engaging with physical stores, PYMNTS Intelligence reveals. By the Numbers The PYMNTS Intelligence study “2024 Global Digital Shopping Index: U.K. Edition,” commissioned by Visa Acceptance Solutions, drew from a survey of 2,200 U.K. consumers to understand recent trends in U.K. consumer behavior...
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UK Store Closures Put Spotlight on Digital Shoppers
One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This news comes only weeks after reports that the British division of The Body Shop was closing nearly half of its 198 U.K.-based stores and reducing its headcount by 40 percent....
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The Body Shop shutters all store locations in United States as chain files for bankruptcy
The UK-based company announced its US subsidiary is no longer operational, effective March 1. The Body Shop shuts down operations in U.S. After filing for bankruptcy, The Body Shop has closed all of its U.S. based operations and will close dozens of Canadian stores. Cheddar The Body Shop is shutting the doors to all its...
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Frasers Group snaps up performance brand WIT Fitness
Performance brand WIT Fitness describes itself as a brand for the training-obsessed. Credit: Skynesher – Getty Images. Frasers Group‘s head of acquisitions James France told Just Style: “We are pleased to have acquired the assets and IP of WIT Fitness, a globally recognised CrossFit and fitness performance brand.” He added the acquisition brings another elevated...