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Retail workers face money challenges at alarming rate

31 May 2023

A report published by financial institution Claro Money’s wellbeing division on the effects of money worries for retail workers found that 73% of retail workers feel negatively about their... Read more…

Federation of Independent Retailers says more needed to be done to support smaller businesses in Wales

24 May 2023

Whilst it has welcomed some elements of the Welsh Retail Action plan, the Federation of Independent Retailers (the Fed) said more is needed to be done to support smaller businesses.
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Nearly half of customer service staff consider quitting over growing customer abuse

22 May 2023

More than two-fifths (44%) of customer service staff are considering leaving their roles due to increasing levels of cost-of-living fuelled abuse from customers.
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Friendliest high-street businesses include hairdressers and coffee shops, reports new study

22 May 2023

More than half of Britons (55%) say they have received helpful life advice from a local small business owner, new research reports.
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Mixed picture emerging about Coronation effect on retail

9 May 2023

A mixed picture is emerging about the effect of the Coronation weekend across the UK's retail sector.
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Nominations open for British Business Awards 2023

9 May 2023

Nominations have opened for the 2023 British Business Awards.
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Independent retailers look to loyalty schemes to keep up with supermarkets

9 May 2023

Independent retailers are racing to keep up with rivals and retain customers as the battle for loyalty intensifies among supermarkets.
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Government urged to reinstate Tax Free shopping with UK Retailers missing out as sales surge across Europe

9 May 2023

The European retail sector has enjoyed its best month for international spending on Tax Free goods since the end of the pandemic after sales surged by 40% month on month in March 2023, taking... Read more…

Consumers feel protective of independent shops and want to support them for their ‘social good’

27 Apr 2023

New research has found that consumers feel protective of independent shops and want to support them for their ‘social good’.
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Worldwide retailers seeking new ways to attract shoppers as spending slows

26 Apr 2023

Europe's cost of living crisis has benefited discount retailers, but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry conference said... Read more…

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Friendliest high-street businesses include hairdressers and coffee shops, reports new study

Posted on in Business News

More than half of Britons (55%) say they have received helpful life advice from a local small business owner, new research reports.

Hairdresser

As reported by the Daily Mirror, more than a third (35%) of consumers who frequent their local high street said they would count at least one independent business owner as a friend, with hairdressers coming top of the list. Coffee shops, newsagents, butchers, and the local pub, are also considered some of the friendliest small businesses on the high street.

The survey of 2,000 adults also found that half feel they can speak about personal matters with high-street business owners, with a fifth (21%) even saying they are trusting these shop owners more than their partner.

But conversations with high-street businesses have changed a lot over the past year, with 36% talking more about energy prices than before the recent crisis and 22% having these discussions with local firms at least once a week.

Rising costs (40%) and soaring energy prices (40%) come up in conversation more frequently than holiday plans (37%), nights out (9%), and relationship woes (7%).

A further 30% said they had never discussed energy with local business owners before the cost-of-living crisis but now it’s the topic they discuss the most.

Victoria Bacon, director of Smart Energy GB, which commissioned the research, said: “We know how important local businesses are to communities up and down the country, and that the energy crisis is affecting them, as well as households.

“Even small things can save a company money in the long run – whether it’s turning off appliances at the wall when they’re not in use, or getting a smart meter installed for your business.”

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