Retail

Challenging time for retailers

With consumers expected to remain cautious at least through the first few quarters in 2023, retailers have downgraded their imports, depressing volumes, that have already declined in recent months, resulting in ocean carriers blanking services and looking at laying up ships, just as retailers try to eradicate air freight. January imports, that are already forecasted

Start your Christmas shipping planning right now – do not delay

Retail sales and consumer demand are still outpacing attempts to build inventory and despite the massive boom in imports, the inability to create inventory is likely to continue all year for many commodities and finished goods. So, if you want stocked shelves this Christmas, it’s time to start planning your shipping schedule, or you may find your

SME eCommerce sellers hit by EU VAT changes – how will this effect trading with the BLOC ?

About 26,000 eCommerce sellers will have to register for VAT for the first time, under the EU’s new â€śone-stop shop” system and face ÂŁ180m in additional red tape costs. On 1st July 2021, the European Union is introducing sweeping reforms to the VAT obligations for B2C e-commerce sellers and marketplaces. 1. Launching the One-Stop-Shop EU VAT

Retail’s recovery is underway

The Office for National Statistics (ONS) have said that retail sales in April were 10.6% above their pre-pandemic level, although many traditional retailers have suffered from the repeated lockdowns that accelerated the shift to online commerce. In a huge boost for retail’s recovery Britain’s longest-running survey of consumer sentiment, showed that morale in May was