RETAIL EYE - TRENDS IN RETAIL AND POS

Every month, we capture what is happening in retail – understanding key themes and trends for POS.  This snapshot guide helps to bring the high street to your desk monthly.

FOOTFALL

According to MRI Software, UK retail footfall fell 1.1% year on year in January as bad weather dampened shopper spirits. Sales, however, picked up with the latest BRC-KPMG Retail Sales Monitor showing total retail sales rose by 2.7% year-on-year in January, up from 1.2% in December and above the 12-month average of 2.3%.

NEW YEAR

The new year saw retailers helping shoppers with their budgets, diets and New Year’s resolutions.

SALE

As is expected at this time of year, sale promotions dominated retail for the month.

If you are a brand or retailer and would like a full copy of the report, please get in touch with us at info@teamfero.com