The headlines can paint a bleak picture of the British high street with the decline of in-store shopping a regular feature in the news. Retailers are grappling with what they can do to save the once-beloved high street and ensure their real estate remains profitable.
Did you know receipts have been in use for more than 5,000 years? In fact, they’re one of the earliest known examples of writing. From Clay tablets to meticulous handwritten records, receipts were finally computerised in the mid 20th century. In modern life, printed receipts result in millions of tonnes of paper utilised each year; crazy when more often than not, they end up abandoned at the bottom of a pocket, never to be seen again.
In the last two decades, the UK retail industry has been transformed. Generating sales of over £400 billion per year, it’s an economic juggernaut.