2015 has proven to be one for the UK retail books. The first quarter yielded significant growth in UK retail sales volumes, due to an increase in prices as well as some pleasant weather that motivated shoppers, according to a recent report by Reuters. With a 4.6 percent growth through May, low inflation and increased wages, economists believe that British consumer spending in 2015 is shaping up as the decade’s strongest year.
U.S. shoppers plan to make more purchases from brick-and-mortar locations, but retailers need to improve the in-store experience and be consistent across channels, according to a recent study by Accenture. Nearly 28 percent of the respondents say they plan on increasing their in-store purchasing – up from 21 percent in 2014 – but want stores to offer the same convenience of online shopping.
Irisys' partner Experian Footfall will be at the 7th Asia Pacific Commercial Real Estate Cooperation Forum China 2015 this May, meeting customers in one of the world's largest emerging markets.
GERMANTOWN, Md. and NORTHAMPTON, UK (March 9, 2015) – Citing its intelligent sensors’ high levels of accuracy and ability to protect consumer privacy, VoloForcehas selected Irisys as a strategic partner and will integrate its infrared devices into a suite of retail solutions that drive superior brand implementation.
North American retailers will increase their customer experience spending significantly in 2015, according to a recent report from SDL, a global customer experience consultancy firm.
Early reports from the National Retail Federation indicate a disappointing Black Friday weekend for U.S. retailers. Previous forecasts expected Black Friday sales to achieve record numbers, but according to the Thanksgiving Weekend Spending Survey conducted by Prosper Insights & Analysis, weekend sales actually dropped by more than 5 percent.
The holiday shopping season officially kicks off at the end of the month, and U.S. retailers are expecting Black Friday sales to eclipse $36.7 billion, according to a recent report by IBIS World Reports. If the forecast holds true, it will be the highest Black Friday sales in history and a near 2 percent increase over last year.
British retailers reported their fastest sales growth in more than three years between August and October, dispelling any fears of a potential cool down heading into the holiday season, according to a recent survey by the Confederation of British Industry.
Apple launched its wireless payment system Apple Pay this week, which allows shoppers to make purchases using an iOS device. The application is only available in the U.S. for now with a UK release slated for some time in 2015, according to Visa. Although it’s being marketed for use on any Apple device using its latest operating system, the fact is not every iPhone is able to use it and even the new iPads have some restrictions.
About Irisys
As a leading supplier of people counting sensors, we have over 20 years of experience and have deployed more than 500,000 units.
Our latest product, Vector 4D, is the most advanced people counter ever with innovative features such as staff detection and dwell time monitoring.
Combined with highly accurate counting algorithms, our people counters are used in many scenarios, such as retail analytics, supermarket queue management and space utilisation applications.
Ultimately, we provide our end-users with accurate and reliable data that can transform their business.
