Belong by GAME
Project Duration – 7 weeks Duration – 7 weeks Consultant – RPS Group Start on site – October 2019 Start on site – October 2019 PC Date – December 2019 eSports The global gaming industry has now reached more than a decade of double-digit growth, but the esports niche is expanding at an even faster […]
Department stores continue to suffer as retail sector remains sluggish
The month on month view has remained flat whilst the three-month view shows only minimal growth of 0.6%. Online sales, whilst still a healthy proportion of sales, has reduced slightly compared to last month and is now at 19.1%, dropping 0.4%. Whilst the comparison to last year is healthier with an increase of 3.1%, growth […]
Cashless Retail – is it time to adopt?
The Future of Cash The top boss at Mastercard has gone on record to say that he thinks cash will be a forgotten commodity in as little as five years’ time in the UK. As technology and artificial intelligence (AI) becomes ever more sophisticated, it’s not hard to imagine a high-street in which you scan […]
Retail growth slows as shoppers hold on to their cash
In what is becoming the defining narrative for retail in 2019, the ONS has today released statistics showing very slight growth in retail despite ongoing headlines of big-name retailers facing significant financial difficulties. Retail growth slows as shoppers hold on to their cash The three-month view of quantity bought, along with the year-on-year view, have […]
Brits continue to part with their cash despite economic uncertainty
Whilst the CBI is warning retailers to expect the sharpest deterioration in retail conditions in over ten years the ONS remains a little more positive, pointing to an overall increase of 0.2% month on months for sales in the sector, buoyed by a near 7% increase in online spending. Alongside this, there has been a […]
Experimential Retail – Staying ahead of the curve
Experimental Retail… Experiential retail is at its core, about creating an experience and a memory as well as providing an opportunity to make a purchase. It’s the difference between having your customers simply buy something and offering more meaningful shopping experience. It sounds somewhat far-fetched to link creating memories to popping into a shop to […]
House of Fraser, Oxford Street
Project Client: Sports Direct / House of Fraser Occupant: Double Take Innovation Start on site: 22.07.19(Enabling Works) Architect: Argent Project Completion date: 29.08.19 Project Completion date: 16.03.19 The Challenge The challenge faced on the scheme was time – the HoF innovation team were in occupation of another office in Baker St and had to vacate […]
Surprise boost in retail sales as shoppers hunt for bargains
June’s ONS retail report shows a surprise bounce in retail sales as bargain-hungry consumers finally look to be taking advantage of the summer sales. Surprise boost in retail sales as shoppers hunt for bargains Looking at month on month sales of May to June 2019, the quantity bought increased by 1% while the amount in […]
The curse of the ‘British Summer’ strikes again
In figures released by the ONS for May, the gloomy British weather was cited as a leading reason behind a slowing down of sales. After a strong start to the year, ONS is reporting a 0.5% decrease when compared to last month in quantity bought with a notable decline of 4.5% in clothing sales. Sentiment […]
Consumer spending for April continues to defy expectations
Despite a flat month-on-month view of spending in April, we are continuing to see improvements in retail growth across a quarterly and annual view as the myriad of factors supporting UK retail growth continue to hold. According to the report, a 0.3% fall in spend was anticipated but didn’t materialise. Perhaps interestingly, we are still […]