The Notebook: Victoria Scholar on the ever-changing appetites of retail investors November 23, 2023 Where the City’s big thinkers get things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor analysing retail investors' appetites.
The Notebook: Victoria Scholar on the retail winners this year November 9, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar of Interactive Investor
Brits set to plunge themselves into £3.7bn worth of Buy Now Pay Later debt before Christmas November 8, 2023 Cash strapped Brits are forecasted to spend a whopping £3.7bn using Buy Now Pay Later (BNPL) schemes in the run up to Christmas, as the cost of living crisis continues to plunge shoppers into debt. The figure is expected to rise a staggering 8.8 per cent from the previous year, as more customers under the [...]
London businesses pin hopes on Black Friday for sales boost after washout summer October 26, 2023 Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.
Royal Mail prepares for holiday rush with 16,000 hires October 3, 2023 Royal Mail is ramping up its Christmas operations, enlisting the help of 16,000 temporary workers to ensure the busiest time of the year runs smoothly for the British postal service. The temporary employees will help 110,000 posties sort and deliver packages ahead of and throughout the holiday season, including over the annual Black Friday and [...]
Boohoo settles £156m court case over fake discount claims May 4, 2023 Boohoo has settled a staggering $197m (£156m) US court case in which the fast fashion giant was accused of faking discounts for customers. The pure-play online retailer, which also owns Pretty Little Thing and Nasty Gal, was accused of engaging in a “deceptive pricing scheme”, with the court filing claiming Boohoo would falsely raise the [...]
Retailers blame Royal Mail strikes for Brits abandoning online shopping in the run up to Christmas January 20, 2023 Thousands of Brits appear to have abandoned online purchases following a series of strikes by Royal Mail employees, according to figures from the Office for National Statistics. Figures released by the ONS show that the proportion of online sales slipped by 0.5 per cent to 25.4 per cent in December. Retailers laid the blame on [...]
Shoppers set to fork out more than last year on Black Friday buys November 23, 2022 Shoppers are set to splash more cash on Black Friday purchases this year, despite cost of living pressures. Consumers will fork out seven per cent more for the shopping occasion, which falls amid a rare winter World Cup tournament, estimates from Nationwide have revealed. The building society forecast that its members would spend more than [...]
Black Friday is a white knight November 23, 2022 Last week’s ONS statistics may have “rebounded slightly”but the outlook is still disappointing.
Exclusive: Shopify boss banks on big Black Friday as ‘last cheat meal’ before 2023 hiatus November 16, 2022 Shopify’s European chief says that despite the cost of living crisis, Brits are still planning to spend big this Black Friday, calling it the “last cheat meal before you start a really big diet”. In new data released today, the commerce firm revealed that although inflation was hitting hard, where 78 per cent of people [...]