Retail risk solutions from online retail industry experts. Retail risk management tips and tricks. Exploring retail risk management best practices. Retail risk management guide for retailers in UK and overseas. Find out what is happening in retail in the UK. Improve the management of your retail business risks. Discover new risk management solutions for retail problems. Keep up to date with latest retailer threats and opportunities.
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Make sure your retail business gets its share of UK consumer spending with help from BusinessRiskTV, as the UK economy recovers from the coronavirus pandemic.
- According to Barclaycard credit and debit card transactions, UK consumer spending rose 7.6 percent in May 2021 compared with the same period in 2019 as the further lifting of lockdown restrictions encouraged more UK consumers to shop and socialise.
- The latest British Retail Consortium BRC-KPMG retail sales report revealed that total UK retail sales jumped 10 percent in May 2021, compared to the same period in 2019, after the retail sector benefited from the first month that non-essential stores fully reopened and the return of many hospitality venues. Over the three months to May, in-store non-food sales were down by 16.7%. However, for the same period, food sales increased by 9.8% as grocery sales continued to be boosted by restrictions on the hospitality sector. Online sales continue to drive retail growth in May, with non-food online sales jumping by 39.1% for the month.
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Economists should focus less on the downside global risk problems. Instead they should be coming up with more solutions to problems. Creating bad economic mood music is easy to do. It’s harder to find the solutions to the problems retailers face. BusinessRiskTV.com has retail business solutions to protect businesses better and grow retailers faster regardless of the bad mood others try to propagate.
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