Turnover at luxury London department store Harrods hit nearly £900 million last year as international shoppers returned, despite the continued frustration of the non-availability of VAT-free shopping for such tourists. Harrods The firm’s accounts filing at Companies House showed revenues were up 8% in the 53 weeks to 3 February this year, hitting £898.4 million. [...]read moreHarrods sales rise despite tourist shopping handicap
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One of the benefits of Advantage+ Shopping Campaigns is that it’s streamlined and hands-off. I guess whether you consider this a benefit depends on how you view that lack of advertiser control. But one area in particular can be an issue… Custom Audience Exclusions Advertisers have virtually no ability to control the targeting. More specifically, [...]read moreProblem with Advantage+ Shopping Campaigns
Looking to get a better handle on the key TikTok trends of the moment? This will help. Today, TikTok has published its second annual “What’s Next” trend report, which looks at key shopping trends in the app, and how they’re shaping user experiences. The 26-page report provides in-depth insight into three broader trends. You can [...]read moreTikTok Shares Insight into Emerging Shopping Trends in the App
Is Snapchat “the leading social shopping platform in the U.S.?” Apparently, that’s the finding of a new study conducted by National Research Group, which examined how social media users engage with content related to four commerce categories: apparel, beauty, specialty, and home goods. And based on this, the data shows that Snapchatters are increasingly likely [...]read moreSurvey Shows That Snapchat is a Key Social Shopping Platform
Have you ever wondered how you can earn extra cash just by shopping? Apps like Ibotta make it easy for you to get cash back on your everyday purchases by simply scanning a receipt or shopping online. These apps help you save money while doing something you already do – buying groceries and other items…. [...]read more21 Apps Like Ibotta To Earn Cash Back Shopping
Makip’s Unisize — the AI-based sizing tech offer from Japan — has adapted to the increasing number of people seeking gender-neutral fashion and the growing number of men trying on fashion targeted at women. Makip’s Shingo Tsukamoto The company said it’s “helping UK shoppers to enjoy their favourite fashion, regardless of their gender with subtle [...]read moreMakip Unisize launches new feature in UK for genderless shopping
First, the good news. Tourists are back in London. And the bad news? They’re not generally there to shop with the withdrawal of the VAT-free perk post-Brexit directly affecting their behaviour. Photo: Pexels/Public domain That’s according to Prosegur ChangeGroup, one of the world’s largest currency exchange firms, which found that the “vast majority” of London tourists [...]read moreTourists flock to London… but they’re not shopping
Frasers Group’s keen interest in acquiring shopping centres could mean it taking on a big chunk of a key mall in Exeter. @princesshayexeter The group is looking to buy a half-share in Devon’s Princesshay estate, which includes the central Exeter shopping centre of the same name, according to The Times. The asking price is believed to [...]read moreFrasers Group mulls stake in key Exeter shopping centre
What concerns you most about shopping online? Virtually every social media platform has tried to incorporate in-stream shopping elements, yet hesitancy around buying online has slowed take-up, thus limiting opportunities both for sellers and the platforms. So what’s the hang up? Most of us now make at least some payments online, yet others we feel [...]read moreKey Concerns About Online Shopping [Infographic]