Pick of the day: UK Retailers Have Lost £23bn Since The Start Of The Recession

Savings "piggy bank" with stacks of money.No wonder town centres built round retail are in trouble:

“The cost of the recession to Britain’s retailers has been calculated as a whopping £23 billion since the start of the recession. The figures, compiled by research specialists Conlumino for ecommerce partner Webloyalty uses a model dating back to 1970 which looks at Brits spending year-on-year across both the sector as a whole and individual divisions.”

Read the whole story here: UK Retailers Have Lost £23bn Since The Start Of The Recession.

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1 Response to Pick of the day: UK Retailers Have Lost £23bn Since The Start Of The Recession

  1. webloyaltyuk says:

    Thank you for sharing Webloyalty’s research into retail trends. Huffington post covered the research last week, and you can find the full report here: http://webloyalty.co.uk/news-a-research/33-press-releases-2013/124-research-reveals-recession-cost-retail-sector-p23bn-since-2008

    ~ Webloyalty UK

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