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Leisure boom and flexible landlords boost future of UK high streets

365 Retail

The collapse of major brands such as Debenhams and Topshop owner Arcadia at the end of 2020 helped increase the number of empty sites. Hugh Knowles, managing director of indoor mini-golf operator Puttshack UK, told PA the “increased availability” of larger units in attractive locations has helped the growth of the leisure sector.

Leisure 64
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Don’t Panic, Most Sites Are Seeing Traffic Drops

Kissmetrics

Their stock went from $404 at the start of 2020 to currently sitting above $1500. Travel and leisure websites are getting much more traffic. But not travel and leisure. Travel in the United States has hit 2 million passengers a day which is closer to pre-pandemic levels, versus 90,000 a day in April of 2020.

Leisure 356
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Half of UK Consumers Back a Return to VAT-free Shopping for Tourists to Boost Retail Spend and Visitor Numbers, Retail Technology Show Research Reveals

365 Retail

The VAT Retail Export (VAT RES) scheme, which previously allowed tourists from outside the EU to claim back VAT on goods brought in the UK – effectively making them 20% cheaper – was abolished by the then-Chancellor, Rishi Sunak, in 2020.

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Flooid Names New CEO For North America

Retail TouchPoints

The two Group Co-CEO positions were created after Tony Houldsworth assumed the role of Group President in April 2020. Mutter’s most recent positions include work as a CFO at private equity-backed companies in the renewable energy and leisure sectors, as well as senior finance roles with Quotient and Sema Group.

Leisure 149
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Sneaker and Sportswear Ecommerce: the ‘Non-Luxury’ Luxury Apparel Leader 

Retail TouchPoints

The consistent appeal of sneakers and sportswear has grown in recent times with customers, particularly from the Gen Z demographic , continuing to favor them as everyday items for leisure and now work.

Apparel 232
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Data Will be Key to Retail Success in 2021

Retail TouchPoints

Even with new vaccines potentially coming on the market in the months ahead, it’s likely the trends we’ve seen in 2020 will continue into 2021. Further, the only two categories that experienced a decline were electronics and gadgets and — not surprisingly — travel and leisure. Real-time data is the key for 2021. Conclusion.

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Leveraging 2020 Ecommerce Trends to Improve Strategies

UpSellIt

In this blog post, we look to the future by examining five major ecommerce trends that are predicted to drive our industry forward in 2020 and beyond. Instead of treating online shopping as a dedicated activity, shoppers are increasingly using it as convenient form of leisure. Looking for More Ways to Increase Your Conversions?