Tag: Barclaycard
UK retail footfall and spending hit roadblock as post-lockdown novelty wears off for shoppers
Footfall and in-store spending were down 0.4% and 0.2% MoM in July, while footfall was down almost 30% on pre-pandemic figures
Spending at specialist retailers including jewellers grew 27.2% in May as more Brits shop...
Consumer spending at specialist retailers, including jewellers, enjoyed growth of 27.2% in May, according to new data from Barclaycard.
This was over four times higher...
Businesses look to economic recovery as SMEs predict significant growth in 2021
Businesses are reporting their optimism in regards to the reopening of non-essential retail and the gradual end of lockdowns throughout the coming year.
This comes...
Jewellers see 85% online spend boom through second lockdown
Overall spend on non-essential retail through November contracted 4.6% YoY, Barclaycard reported
Two thirds of SMEs felt more confident heading into second lockdown, research finds
Almost half of SMEs reported upping their online presence in order to tap into the booming e-commerce market
Retail footfall down 75% YoY as England’s second lockdown curtails Christmas shopping
The impact of England's second lockdown, which began last Thursday 5 November, is already being felt by retailers with an approximate 75% decline in...
SMEs optimistic for 2020 rebound as Q2 figures exceed expectations
Small and medium enterprises (SME) are slowly regaining confidence after a stronger than expected second-quarter performance, according to new data from Barclaycard.
At the start...
July sees smallest decrease in consumer spending since lockdown began as retail sales ‘warm...
Last month saw only a minimal 2.6% year-on-year decline in overall consumer spending, according to new data from Barclaycard.
This marked the smallest decrease since...
Consumer spending begins to return to normal as Britain opens up
However, the report suggested that the high street may have a long recovery period ahead as over half (56%) of consumers continue to avoid non-essential shops.
Christmas spenders spooked by general election, says Barclaycard
November 2019 has shown poor consumer spending growth of only 0.9% on the same month last year.
The trend for saving money this year looks...