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Half of UK consumers back a return to VAT-free shopping for tourists to boost retail spend and visitor numbers, Retail Technology Show research reveals

Retail Focus

Despite the Government refusing to overturn the abolition of the duty-free shopping for tourists in the Spring Budget, now half (50%) of UK consumers want the scheme to be reinstated, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

Shopping 147
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Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

So far, Australian department stores appear to have weathered the pandemic better than their global counterparts, with most having only had moderate store closures and delivering relatively strong half-yearly results, with retail sales rising at twice the predicted rate from March 2021 to April 2021.

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How to ensure Black Friday doesn’t become the nightmare before Christmas

Inside Retail

As self-proclaimed Christmas elves with a curated Spotify Christmas playlist, we understand that we are on the (very) early end of the spectrum. Yet even we have noticed that retailers appear to be decking the halls and increasing the play count for Mariah Carey’s ‘All I want for Christmas is You’, earlier each year.

Consumer 246
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Molton Brown launch immersive Regent Street sanctuary

Retail Focus

A place to sip English sparkling wine while exploring the never-seen-before Archive, carefully curated with our favourite memories from the early days to who we are today. We’re delighted to be re-designing our flagship and most successful store on Regent Street, an iconic British luxury shopping destination.

Gifts 182
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L&G calls for a re-imagining of UK High Streets: Let’s think local

Retail Focus

In fact, when factoring in the quality of local shops, cafes, eateries, banks, Post Offices and other amenities, London is the only region across the UK where more than half of residents (58%) were positive about their high street. The world of retail has changed significantly over the past decade. in Feb 2020 to 25.1%

Shopping 189
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Why major US retailers are backing Black-owned brands

Inside Retail

The collection was curated and styled by Zerina Akers, a celebrity stylist and the founder of Black Owned Everything, and will be available online and in Nordstrom x Nike shops across the US. It also plans to introduce new resources to help its Black-owned vendors grow and successfully scale their businesses in mass retail.

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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.