The Week In Retail Issue 2

Page 6

NEWS DIGEST

THIS WEEK’S NEWS FOR ALL THE LATEST NEWS, HEAD TO WWW.SLRMAG.CO.UK/CATEGORY/NEWS/

534% SNAPPY SHOPPER GROWTH

COVID-19

store home delivery platform

NFRN HARDSHIP FUND HITS £200K WITH £20K HANDED OUT IN FIRST TWO WEEKS

Snappy Shopper has

THE NFRN’S HARDSHIP FUND TO SUPPORT CASH-STRAPPED

reported a fivefold increase

MEMBERS HAS RAISED OVER £200K WITH OVER £20K HANDED OUT

in store numbers on the back

IN THE FIRST TWO WEEKS.

Dundee-based mobile app and web-based convenience

of demand from retailers and customers during the coronavirus crisis. In the five weeks since lockdown, Snappy Shopper reported a 534% increase in platform sales in comparison to the previous five weeks. Platform customers have increased by 360% over the same period and average basket spend has increased by 51%, from £21.52 to £32.49.

Contributions from key suppliers have sent the NFRN’s Covid-19 Hardship Fund soaring to £200,000 in just under three weeks. Having only opened on 6 April, the fund has already awarded grants totalling £20,000 to cash-strapped members. Companies pledging support include Booker, Coca Cola European Partners GB and Japan Tobacco International. NFRN districts and branches have also contributed generously to the Fund. NFRN National President Stuart Reddish (pictured above) said: “The impact of coronavirus on the lives of independent retailers is unprecedented, and now more than ever they need as much help as possible. “The Hardship Fund team is working diligently to quickly assess applications and to deliver the grants where they will make a real difference.” Terms and conditions and the application form can be found on the NFRN website.

6 I SLRMAG.CO.UK / WEDNESDAY 29TH APRIL 2020 / ISSUE 2


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