Technology retailers currently face a ‘perfect storm’ of negativity with business rates, import charges and rising labour costs all eating into their margins. Adding to this, customers are typically holding on to their gadgets for longer. Take mobile phones for instance; replacement has slumped in the...
So now that the dust has settled after Christmas and CES, what exciting things can we look forward to seeing on our local high streets this year. Virtual (VR) and augmented reality (AR) platforms are tipped to be the standout technologies of 2017, thanks to high-profile...
According to a recent survey by Eventbrite, when it comes to money, “experiences” are now more desirable than “things”. This is a trend that has recently boomed as a result of a new, adventurous generation. A whopping 78% of millennials who were surveyed said they...
We at Retail7 have always championed the traditional high street store, it’s our bread and butter after all, however new research conducted by Verdict and British Land helps to reveal the true value of retail stores (its nice to know we’re not alone!). It reveals that...
Retail property group Hammersons recently published their ‘Considered Consumer’ report and it was interesting to note the significant shift over the past year in how consumers are spending and what triggers the initial purchase. planned purchasing – goodbye impulse buys [vc_separator type='small' position='left' color='' thickness='' up='8' down='24'] The...