Retail

Games, Puzzles and growing Kidult market fuel toy sector’s 2020 success, says NPD

The lockdown success of the games and puzzles market, a surge in the kidult market, and early Christmas trading all fuelled by the restrictions and implications of the Covid-19 pandemic, has helped the UK toy market hit a five per cent sales increase for its overall value.  According to the …

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Retail warns of “revenue-crushing” impact on sector should click-and-collect ban spread

The British Retail Consortium and Scottish Retail Consortium have warned that the curb on non-essential click and collect services could prove ‘disastrous for an already beleaguered retail industry,’ with far wider implications for the UK’s retail sector should the ban widen. The warning has been issued since yesterday’s breaking announcement …

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Whirli learning: Selling toys the Whirligig way – inside the UK’s independent ‘make and do’ retailer

A former teacher-turned-coffee shop owner-turned-managing director of the UK’s biggest independent toy retailer outside of a buying group, Whirligig Toys’ Peter Allinson is a champion of the ‘things to make and do’ toy space. ToyNews takes a look at the working parts to find out what makes this toy retailer …

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Shops across Scotland stopped from offering non-essential ‘click and collect’ services in latest restrictions

Shops across Scotland will be stopped from offering non-essential ‘click and collect’ services in a further tightening of national lockdown measures, Scottish first minister, Nicola Sturgeon has detailed today. Sturgeon told the Scottish parliament that shops would only be allowed to offer click and collect for essential goods such as …

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Games Workshop valued at £3.8bn as hobby demand fuels its latest sales surge

Games Workshop, the British firm behind the wildly popular Warhammer tabletop miniatures gaming franchise, has reported blockbuster sales and profits driven by the stay at home messaging of the last year and the surge in the hobbyist and gaming markets. The company’s chief executive, Kevin Rountree has billed its 2020 …

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OPINION: A new retail terrain – The immense global shift to online shopping

Government restrictions coupled with customer caution witnessed 2020 truly become a year for online shopping, as consumers made the shift on an immense, global scale. As consumers grow increasingly comfortable with the digital high street, that trend is set only to continue further. But, suggests OnBuy founder, Cas Paton, that …

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Online retailer Very.co.uk sees record-breaking Christmas trading period

The multi-category online retailer, Very.co.uk, has posted record-breaking Christmas and Black Friday results, having increased retail sales by 25.8 per cent year on year in the seven weeks up and including December 25th 2020. The Group has cited the results as its ‘best ever Christmas trading period’ following strong trading …

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The current direct-to-consumer surge ‘must be taken seriously,’ warn indie toy sellers

The direct to consumer trend is one that ‘needs to be taken more seriously’ by the UK’s independent retailer network, toy shop owners have warned, as consumers and manufacturers have grown increasingly comfortable with bypassing the middleman. A movement that has been bubbling away for the past few years through …

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Smyths Toys UK achieves record revenues and declares £31m dividend

The toy retail giant Smyths Toys saw revenues across Britain and Northern Ireland increase to a record €737 million in 2019, new accounts show. Accounts recently filed by the family business – focusing on Britain – show that sales at the company increased seven per cent from £581 million to £622.6 …

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Pent up savings, consumer confidence and vaccines offer retail sector brighter outlook for 2021, says think tank

Pent up savings, more confident consumers, and a successful vaccine roll-out will all contribute to a brighter outlook for the UK’s retail sector, experts from the KPMG/Ipsos Retail Think Tank have suggested. The second half of the year could see some respite for the embattled retail sector, suggests the group, …

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