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Brits opting for lower cost F&B options, but still determined to socialise, CACI’s Brand Dimensions finds

A1 Retail

CACI has found that from November 2021 to November 2022, the vast majority (83 percent) of F&B brands with a sub £15 average transaction value (ATV) saw strong market growth. This compares with sales growth for only 29 percent of operators with an ATV of £30 or more.

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Footfall is Coming Game of Thrones Studio Tour opening month sees sales spike at The Boulevard

A1 Retail

A month on from opening Average Transaction Value (ATV) is up +37% compared to 2020, signalling a significantly greater spend from shoppers when on site. Chris Nelmes, Retail Director at The Boulevard said: “This attraction is a gamechanger for the Irish tourism sector and a phenomenal boost to The Boulevard.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

Your conversion rate is an indicator of good you are at turning visitors into buying customers. Average transaction value (ATV) This metric helps you better understand how much shoppers spend in your store on average. With the customer retention rate metric, you can tell the number of your store’s returning customers.

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The O2 celebrates a successful year of trade across the destination

A1 Retail

Sales across outlet shopping, F&B and leisure at The O 2 were up 18% compared to 2019, with footfall also up 7%. Janine Constantin-Russell, Managing Director of Icon Outlet and the Entertainment District at The O 2 , commented: “We are extremely proud of the success enjoyed across The O 2 in 2022.

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From Foot Traffic to Sales: The Role of Shopper Yield in Retail Success

V Count

Retailers of all sorts must keep a close eye on this key metric because it provides actionable insights into how good they are at converting shoppers into paying customers. Shopper yield can also reveal how much revenue each customer generates at your store.

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Creeping back to retail, July Week 1 retail performance trends

Retail Next

As we move forward into this new normal of continuing social distancing, wearing masks, and washing our hands, the million dollar question is, when will we return to life as we once knew it? This is most likely due to shoppers spending more time at home and seeing where immediate improvements can be made to their house.

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From Foot Traffic to Sales: The Role of Shopper Yield in Retail Success

V Count

Retailers of all sorts must keep a close eye on this key metric because it provides actionable insights into how good they are at converting shoppers into paying customers. Shopper yield can also reveal how much revenue each customer generates at your store.

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