Jewellery outlets at retail parks are experiencing an accelerating decline in footfall whilst the high-street sees marginal growth. A new report has shown that footfall was down 1.6% in February compared to a 2.5% increase last year. Meanwhile, high-street footfall rose 0.1% last month compared to 2016’s 3% decline. The report, from Springboard UK found…
Retail apps are falling short of consumers’ expectations
Many retail apps are not living up to consumer expectation and as a result jewellery retailers could be damaging their image, according to a new report. The report has found that while more consumers are beginning to turn to retail apps and a mobile shopping experience, many shoppers still feel that current apps are not…
Small businesses are shackled by shortage of skilled staff, report claims
A shortage of skilled staff has been identified as the biggest obstacle to growth for small businesses, according to an independent capital investor firm. This is the first time that SMEs have identified a shortage of skilled staff as the biggest obstacle to growth, ahead of red tape and regulation, a report has shown. The…
Love of high street endures but shoppers crave in-store tech
The role of the high street is here to stay, with two thirds of shoppers still preferring to view valuable products in person before buying, according to a new survey. But shoppers are also eager for new technologies, with nearly 60% of people surveyed saying they would be more likely to visit stores kitted out…
Jewellers defy high street closures by continuing to increase sites
Jewellers are amongst an extremely select group of retailers who are increasing their number of site openings in the face of 15 high street shop closures a day. A recent report has shown that jewellers have achieved the one of the highest net increase in site openings, behind tobacconists and estate agents. Jewellery retailers increased…
80% of UK jewellery spend takes place in London
New report focused on London’s ‘Luxury Quarter’ reveals spending boom. A new report released today reveals that an estimated 80% of total UK spend on jewellery and watches is taking place in London, with at least half of this figure on the luxury shopping streets between Piccadilly, Mayfair and St James’s. The report, compiled by…
IN DEPTH: Mined the Fairtrade Gap
Discover the demand for FTFM metals & the growing need for marketing. Two years since the Fairtrade Fairmined gold mark was launched in the UK more than 50 jewellers have achieved licenses. With silver and platinum now certified Kathryn Bishop hears from jewellers about demand for the metals, the need for marketing initiatives and what…
PGI offers retail mystery shopping reports online
Recommended retailers given access to reports relating to own stores. The Platinum Guild International (PGI) has announced the launch of its Platinum Mystery Shopping Reports online, enabling its recommended retailers to view feedback about platinum-related sales in their stores. The PGI’s recommended retailer members can register for the reports through the recommended retailer tab on…
De Beers to take apps for term supply in 2012-2015
Changes reflect introduction of Supplier of Choice strategy. De Beers Group has announced that for the first time, as part of the Supplier of Choice (SoC) strategy, eligible customers of its rough diamond auctions will be invited to apply for term supply for the remainder of the 2012-2015 SoC contract period. The announcement reflects changes…
De Beers scoops third sustainability report award
Company praised at South African ceremony for its reporting. De Beers scored a hat-trick this week, scooping the overall winner and winner prizes for Best Sustainability Reporting in the resources sector at the ACCA South Africa Sustainability Reporting Awards. De Beers was praised for its Report to Society 2011. Its 2009 and 2010 Reports to…
