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New research reveals the best cities in the UK for independent retailers.

4 Mar 2024

Research by global fintech company SumUp has revealed the best cities in the UK for independent businesses.
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Rising costs continue to impact hair and beauty sector

21 Feb 2024

The latest quarterly State of the Industry survey from the National Hair & Beauty Federation (NHBF) shows that the recovery of the sector was slow and steady through 2023 and into January... Read more…

UK votes for its favourite pun-based shop name

21 Feb 2024

The UK has voted for its favourite pun-based shop name, and 'Sew It Seams' - a clothing alteration store in Belfast - has been awarded the top spot. 
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Town centre shops praise council for initiatives

21 Feb 2024

Businesses in the Devon town of Ottery St Mary have praised their local council for initiatives designed to help support them and boost trade.
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Three UK indie coffee shops named among the most popular in the world.

19 Feb 2024

A new ranking of the most popular independent coffee shops in the world has put three UK cafes in the top 10.
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Age-friendly businesses could revitalise Britain's high streets.

19 Feb 2024

Older people could be the financial shot in the arm needed for Britain’s high street, according to research commissioned by the University of Stirling. 
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Rural shops more important than ever, new report shows.

8 Feb 2024

The ACS (the Association of Convenience Stores) has celebrated the crucial role that rural shops play in thousands of communities across the UK in its 2024 Rural Shop Report.
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Study reveals Apple Pay and contactless payments have overtaken cash payments as favourite ways to pay in-store.

8 Feb 2024

New research reveals that Apple Pay and contactless payments have overtaken cash payments by a landslide as our favourite ways to pay in-store.
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Fed expresses alarm at ‘runaway’ shoplifting incidents.

5 Feb 2024

The Federation of Independent Retailers (the Fed) has expressed alarm at new figures that show shoplifting at its highest level in 20 years.
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Hunstanton deli launches new West Norfolk food and drink festival.

5 Feb 2024

A brand-new festival is being launched next month is “all about community and breathing life into the High Street”, according to Mark Kacary, managing director of The Norfolk Deli in... Read more…

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Cycling Industry News launches annual Market Study

Posted on in Business News, Cycles News

Cycling Industry News’ sixth annual Market Study has today gone live with independent retailers, workshops and mobile mechanics invited to take part by clicking here.

This annual research effort seeks to understand the trading patterns of the UK bicycle retail sector’s small to medium sized retail businesses. Subjects explored include where and with which brands retailers are investing and divesting, the trends perceived to be taking place in the market, the factors that most weigh on successful business relationships with suppliers, pricing, consumer buying trends and plenty more.

CIN Market Data 2023

A series of incentives are being announced for those who take the ten-minute survey, which it is hoped will become the largest forward-looking study of the UK bike retail market to date.

Ahead of a range of prizes to be revealed in the coming weeks, the first incentive to take part is a free two night stay for two people to be taken on any Sunday to Thursday period at The Mariners Hotel in Lyme Regis on the sunny Dorset coast, valid until December 31st 2023. (Subject to availability and excluding Christmas, Easter and School Holidays)

Launching the 2022 research, Cycling Industry News’ editor Mark Sutton said: “It can fairly be said that the bike industry and all the links feeding into our supply chains are struggling to find a new normal. In what are unprecedented times for businesses, being able to navigate with at least some degree of insight to back up decisions is critical.

“Aside from informing Cycling Industry News’ own editorial direction, our market research seeks to first and foremost give a voice to the frontline retailers in the market and, secondly, give suppliers the tools to understand the relationships to a sharper degree, as well as get clear sight on market trends. I want to thank the many hundred businesses that continually support this work with their collaboration.”

This year’s study is marginally shorter than previous research, instead seeking to deliver a greater level of depth on key subjects currently affecting the marketplace. The full report will be once again delivered in Q1 2023 to those retail businesses completing the study. (Participation is open only to UK-based independent retailers and workshops, businesses that do not qualify will be removed from the final dataset. All data is anonymised and only shared with sponsors if shops opt into the prize draws.)

 To find out how you can obtain a licence for Cycling Industry News’ now discounted current year study, or pre-register your company’s interest in the 2023 edition contact the editor or head of sales.

This year’s research is supported by Raleigh UK, Bafang, Hyena eBike Systems, Ison Distribution, Exposure Lights, Moore Large/Forme Bikes, Extra UK and Magura.

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