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As of July 2022, the average cost per return for a retailer is £20, which accounts for around 10% of a retailer’s supply chain costs. It is reported that the end-to-end returns process is costing British retailers approximately £7bn annually.
As a retailer, you spend a lot of time talking, thinking and speculating about what customers want. This is where The Fastest Way to Lose Consumers – Retail Week’s new report – comes in.. Featuring exclusive research with 1,000 UK consumers, surveyed in July 2024, on their feelings about retailer communications, marketing, AI investments and data, the report gives you a true picture of ...
8 godz. temu · UK retail industry braced for increased costs in the wake of last week's budget. UK retailers brace for a £2.5 billion blow in 2025, as the Labour government’s recent budget announced sweeping ...
Retail Week asked the consumer pool to rank which large purchases they would like to make if they weren’t facing a cost-of-living crisis, from one being the least to 10 being the most. The full chart is below, but when looking at the percentage of consumers that weighted products between seven and 10, on the upper end of the scale, consumers ...
6 dni temu · Retailers are facing a significant jump in costs following a National Insurance and minimum wage hike unveiled in Chancellor Rachel Reeves’ Budget, the first by a Labour government in 14 years.
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