According to GfK, there was a raise of 4 points in consumer confidence from a four year low in December to - 9 in January. Five measures that have been used to calculate consumer confidence rose, which included a marked rise in likelihood to buy big ticket items like furniture, which was up from 1 to 5 points.
A similarly positive Outlook for consumer’s personal finances in the next 12 months saw a raise which was up from 2 in December to 6.
The general economy views over the next year also rose by 4 points to - 24, though effects from yesterdays leaked Brexit report. The report states that the economy is set to shrink 5% even with trade deals in place are not yet visible.
According to GfK’s head of market dynamics Joe Staton it was a “pleasantly surprised” by the figures, but warned that overall confidence is still nearly twice as low as December 2016.
“In the absence of good news about rising wages and declining inflationary pressures, this off-

1. Accepting the Widest Range of Payment Methods

With the help of card swiping dongles making it easy for offline customers to swipe their card anywhere, and online payment processing accepts almost any form of payment. An EPOS can equip your company to collect payments from as many as many customers as possible. If you want to accept foreign currencies, direct transfers from banks funds from a payment processing account? All of those possibilities are within reach using a versatile system.

2. Ability to Distribute and Accept Store Gift Cards

An EPOS can position you to offer and accept virtual and physical gift cards which can be customised to your liking. This will increase the return business and referrals because people will be practically obligated to spend the funds with your store once they have loaded the money onto one of your gift cards. Gift giving and sharing are great for spreading brand advocacy and awareness.

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Some of the UK’s largest retailers with their experiences confirm a big swing to online with a lower footfall on the high street translating into our drivers pounding the pavements and delivering more to home addresses than ever before.
December volumes were up by 13% when compared with 2016. As a surprise, of course was that consumers felt less pressure to grab a bargain in the Cyber weekend. They preferred to make the most of the longer sales period.
Mobile Shopping
It was fascinating to see the analysis on Retail Week’s website from PCA, predict pointing out consumers are empowered by mobile devices. They are more likely to spend when and where they want to, and rather than embarking on a shopping frenzy on a specific day.
Data from IT department confirms the change in consumer’s behavour. The shift from high street to online is matched by a marked move from desktop to mobile. In addition, more interactions coming from

According to CBI’s Distributive Trades Survey 39% respondents reported that sales volumes were up on the same time last year. This compares to 13% said they were down, giving a balance of 29%.

A survey among 128 respondents found that the balance of retailers reporting a rise in average selling prices in the year to November was +75 – the strongest growth in average selling prices in 26 years.

This is welcome relief news to beleaguered retailers in the run-up to Christmas.

A fastest rate in decline has been recorded in the last month’s survey for the industry since March 2009, when the UK was in recession.

Many of the retailers have been hit by the slowdown in consumer spending. As the inflation is rising than the wages, consumers are beginning to feel the pinch and cut back their household budget.

The closing date for the survey was on 14th November, it was well before the beginning of the crucial Black Friday week which expected to push sales even highe

According to the Online Retail Monitor compiled by Google and British Retail Consortium (BRC). Greater London experienced highest share of UK retail searches, at 27% which is followed by the Northern England and Yorkshire with 23%. Austria demonstrated the strongest growth for UK retailers from the EU, reporting a 28% increase in the last three months to September 30.

In mean time beauty was the most searched for sector by non-EU overseas consumers on all devices, reporting a growth of 21% during the same quarter. It has remained as the most popular sector for EU consumers on all devices, increasing by 38%.

According to BRC chief executive Helen Dickinson “The third quarter of 2017 saw higher volumes of online browsing activity, with smartphones driving the lion’s share of growth,”

It has been consistent with the double digit growth seen in the non-food sales over the past couple of months, with onlin

The solution is robust and superfast to handle over 100,000 transactions simultaneously and over £2m of transactions going through EPOS weekly.

Only a proven and trusted model can survive a network of over 150 systems and multiple Mobile POS running with a connection to the Head Office for real-time reporting and making the whole experience enjoyable for visitors.

EPOS ensures the smooth replenishment of stocks from beers, to sausages triggering alerts to various departments and team members to stock items.

No shortages, No wastage, No customer disappointed just More Sales and More Profit with EPOS Direct.

So the next time you visit Winter Wonderland, think of our EPOS Direct at the heart of the Solution

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To learn more about our solutions come and visit our showrooms located across the UK or call us for a no obligation assessment