Easter to be a wash out for UK retailers, expects data and analytics firm GlobalData. An Easter weekend with warm weather forecast would normally be a retailer’s dream, but this year the COVID-19 lockdown measures in the UK will severely hinder trading, stated GlobalData.
“Over three quarters of UK consumers made an Easter purchase in 2019. However, we expect figures to fall significantly this year as consumers stay home and forgo family get togethers following the government’s advice,” said Sofie Willmott, lead analyst, GlobalData.
Almost 80% of Easter shoppers bought an Easter egg in 2019. Although GlobalData expects many consumers to purchase these while buying food essentials, the proportion of purchase will fall as families are unable to meet to exchange gifts.
“Already the top choice for Easter eggs, grocers will account for the majority of spend this year given the convenience of purchasing while shopping for essential groceries. Although specialists such as Hotel Chocolat and Thorntons continue to operate their online channels, ranges have been streamlined and personalisation restricted, limiting the luxury choice normally available,” Willmott added.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
Snapchat has been betting big on Augmented Reality’s (AR) retail future consideringJune 22, 2021 | By Jibran Chouguley
Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and
UAE-based Al Maya Group announced that it will be boosting import of
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
E-commerce giant Amazon’s founder Jeff Bezos has stepped down as CEO, handing
American clothing retailer, PVH has increased the number of active job advertisements
Extravagant, conceptual, great food and views are some of the ways that
As the UK begins to return to normality, Father’s Day shoppers are
Abu Dhabi’s state investment company ADQ is in talks to invest about $500 million
Netflix has announced the launch of its e-commerce platform where show merchandise
Global e-commerce giant Amazon has announced that it has struck a deal
French luxury conglomerate LVHM’s chairman, Bernard Arnault on Monday replaced Jeff Bezos
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to
The once powerful department stores that anchored malls and streets around the
Who isn’t a sucker for discounts? Customers today are spoiled for choice
The various e-commerce and virtual retail stores that cater to different product