Predicted changes in the UK retail landscape

The latest report from the British Retail Consortium predicts up to 900,000 jobs in the UK retail sector will not exist by 2025 as a result of increasing tax, wage bills and digital growth resulting in shop closures.

Making returns reap rewards

As e-commerce is set to increase by 17% this year, so will returns. This is particularly true with clothing and electrical goods as it has been reported that up to 40% of goods bought online are returned.