The Coronavirus has had an impact on the way we all go about our daily lives. Whether it’s wearing a facemask on the food shop or staying closer to home during the summer holidays, we’re all doing things a little differently than we did at the start of the year. Although more and more of […]
Some interesting retail trends in 2020
As much as we’re all sick of hearing about it, the coronavirus pandemic has absolutely turned everything upside down and changed almost every aspect of our lives. Lockdown was the biggest period of upheaval in modern history, with normal day-to-day life being put on hold. Seeing shops close and the retail sector effectively mothballed for […]
Latest high street retail results highlight the importance of effective stocktaking
January and the start of any new year is usually a time for optimism for many. Unfortunately for many of our well-known high street giants, the announcement of revenue figures from the pre-Christmas run up and festive period have — for a few years now — brought very little encouragement. November of last year, a […]
How could stocktaking resolve the issues caused by high online return rates?
It’s no secret that more and more of us are spending our hard-earned pennies online; according to the Office of National Statistics, the UK spent £137.38 billion online in the past year, accounting for 16% of all retail sales. Wondering if that’s on the rise? It’s almost doubled since 2012 and shows no signs of […]
Why stocktaking is vital for a successful Christmas season
For many online and high street retailers, the run up to Christmas is not only crucial to overall performance, it can be defining of the entire financial year. With many across the country getting ready to part with our hard-earned money in order to make the most of the festive period, now is the time […]
The shocking crime statistics behind “stock shrinkage”
If you’re a retailer, then you’ll know that any stock loss and shrinkage is bad for the bottom line; if you don’t have it then you can’t sell it. You’ll also be aware that one of the most common causes of stock shrinkage is through your products and items being stolen, whether by in-store thieves […]