The number of online-only retailers going bust has more than doubled since 2010.
Inflation has fallen below the Bank of England's target for the first time in two years.
UK is the second most popular destination for tax free shopping in Europe with £3.4 billion tax free sales recorded in 2018.
The UK click & collect market is expected to grow to almost £10 billion by the year 2023.
Over 60 per cent of consumers are worried that the high street will completely disappear within the next decade.
Retailers that use a business model similar to Tupperware parties are expected to see strong growth this year.
Grocery retailers hailed a growth in post-Christmas sales during January, boosted in part by the strong performance of fresh food
Ocado has seen full-year losses widen after its profits were dented by investment costs and hit by an accounting change.
Retail sales have increased by 2.2 per cent in January, against an increase of 1.4 per cent in January 2018.
The retail industry has employed the highest level of women to senior-level jobs on record last year amid growing calls.