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There’s no denying the UK’s retail sector is in turmoil as the union is plotting its divorce from the EU. A shift in consumer spending, higher wages and business rates, and a weaker pound are all conspiring to squeeze retailers’ sales and profits. In order to bear the brunt of this perfect storm, many retailers […]
Download a free copy of our Beyond the Core report. We partnered with the BRC to produce a study into how UK retailers are looking beyond core offerings to drive new revenue streams. Key Findings include: 67% of retailers derive at least 1% of their revenue from secondary sources with around 18% generating at least […]
In anticipation of the launch of our Secondary Revenue Report, we’re giving away an Amazon Echo Dot. To enter, answer the following question: Secondary revenue contributes more than 20% of online revenue for how many retailers?A) 10%B) 20%C) 35% Enter your answer below along with your contact details. This competition is now closed. What can […]
Artificial Intelligence, future retail predictions, lingerie ecommerce and voice search. Webloyalty’s picks for great retail reads this week. 3 predictions for the future of retail – from the CEO of Walmart World Economic Forum “It’s up to retailers to adapt to the changing retailing environment and in some areas even lead the way, or they’ll […]
The rise of the Artificial Intelligence (AI) is happening right now at a retailer near you Consumer habits have changed dramatically in the last decade. Bricks-and-mortar and online retailers have undergone profound transformations and will continue to evolve thanks to innovations pulled straight out of sci-fi novels. Machine learning, neural nets and AI are becoming buzzwords […]
Despite a fairly stagnant economy, UK retailers can look forward to a slightly higher level of gift spending from consumers this year with a rise of just under 2%, according to Webloyalty’s 2016 report on UK Christmas Trends. Overall, shoppers are expected to spend £16.7 billion this Christmas with many opting for online solutions. On […]
In the last few years, UK retailers have invested money, time and energy to respond to the changing needs and wants of consumers. But despite their efforts, almost 75% of consumers are dissatisfied with some aspect of the shopping experience, according to Webloyalty’s latest report, The Unfaithful Consumer. It seems that in their quest to […]