Skip to content
Search
AI Powered
Latest Stories

Jisp reports strong performance for H1 2024

Jisp reports strong performance for H1 2024

Retail technology company Jisp has announced that it has seen continued rapid growth in the first half of 2024. Retail sales through the app topped £2.2million in the first half of the year, up 79 per cent on the same period in 2023.

The impressive H1 figure suggests the business will finish the year ahead of 2023 by year end, with the business having reported retail sales of £3.5million for the whole of 2023. The continued growth means Scan & Save has now earned retailers £5.8million since launch.


Shopper savings through the app have also seen growth with over £541,000 saved by shoppers in the first part of 2024, up 63 per cent on the same period of 2023. It means shoppers are on track to save over a million in 2024 through Scan & Save, with £1.8million having been saved since launch.

Total scans of the app’s AR vouchers also saw an upturn of 97 per cent versus H1 figures for 2023. Voucher taps and redemptions through Scan & Save were also up 100 per cent and 99 per cent respectively.

The number of stores trading with Jisp at the half year point also saw a jump of 59 per cent versus the same period in 2023. With the cost-of-living crisis still taking its toll on shoppers’ budgets, and by extension retailers sales, Scan & Save’s popularity has grown significantly as retailers look to offer value in their stores in a way that rewards loyalty and keeps shoppers coming back for more.

Shoppers meanwhile are looking for simple ways to save money, and Jisp’s app-based solution offers straightforward discounts and cash rewards to be spent back in store – top redeemers can save over £3,000 per year, while earning upwards of £800 in rewards.

“We ended 2023 exceptionally strongly and we were determined we would start 2024 in a similar rich vein of form,” said Jisp’s managing director, Ilann Hepworth. “Jisp’s proposition is extremely relevant in current market conditions. In the challenging environment shoppers, retailers and brands are all facing into, we offer a solution that provides brands with a promotional route to market, fully supported by an extensive retail media package, that drives sales, retailers receive a loyalty rewards platform that builds loyalty, grows footfall and basket size and enhances margin, and shoppers receive exclusive discounts on top brands while earning rewards at a level far exceeding those offered by other loyalty card schemes.”

Meanwhile, working with Bioderma and utilising its Scan & Win proposition, Jisp successfully delivered a multi-regional, simultaneous campaign activation in-store utilising smart digital, to connect auditable social actions with in-store execution.

More for you

Brits divided on acceptability of shoplifting,YouGov Poll

Brits divided on acceptability of shoplifting.

iStock image

Brits divided on acceptability of shoplifting amid rising retail crime

Some Brits believe that shoplifting can be acceptable, states a recent report, despite the country experiencing an epidemic of store thefts.

According to a recent YouGov poll of 2,150 adults, 40 per cent of the public agreed that shoplifting food was sometimes acceptable if a person could not afford the goods. More than half of those asked (51 per cent) said it was never acceptable.

Keep ReadingShow less
Footfall increased in January 2025.

Footfall increased in January 2025.

(Photo by Christopher Furlong/Getty Images)

Footfall increased in January as shoppers head to stores: BRC

Shopper footfall received a welcome boost as many consumers hit the January sales in their local community, shows recent data, bringing a welcome news for high streets following a particularly difficult Golden Quarter to end 2024.

According to BRC-Sensormatic data released today (7), total UK footfall increased by 6.6 per cent in January (YoY), up from -2.2 per cent in December.

Keep ReadingShow less
New Ann Forshaw’s Milk Shed launches at SPAR Derwent in Keswick

New Ann Forshaw’s Milk Shed launches at SPAR Derwent in Keswick

SPAR Derwent shakes things up with new Milk Shed

SPAR Derwent in Keswick has become the latest store to introduce an Ann Forshaw’s Milk Shed, bringing fresh whole milk and delicious flavoured milkshakes to the local community.

The new Milk Shed follows successful launches at Ann Forshaw’s Alston Dairy and SPAR stores in Burnley and Milnthorpe.

Keep ReadingShow less
SPAR Cavehill celebrates former owner’s 70th birthday

SPAR Cavehill raised funds for Community Fire & Rescue Service as part of former owner’s 70th birthday celebrations

SPAR Cavehill celebrates former owner’s 70th birthday with charity fundraiser

Belfast’s SPAR Cavehill closed out 2024 with a heartwarming community celebration, marking the 70th birthday of former store owner Norman Porter while raising £800 for two local charities.

The event, organised by the store’s current owners, Frank Quigley and Norman’s daughter, Jenny Reilly, brought together staff, customers, and local residents to celebrate the milestone birthday and support SPAR’s charity partner, Marie Curie, as well as the Community Fire & Rescue Service.

Keep ReadingShow less
IQOS heat-not-burn device and a Marlboro cigarette pack

IQOS heat-not-burn device and a Marlboro cigarette pack

REUTERS/Carlo Allegri/Illustration/File Photo

PMI projects up to 12.5 per cent profit growth for 2025 amid strong smoke-free expansion

Philip Morris International (PMI) has forecast an increase of up to 12.5 per cent in adjusted diluted EPS for 2025, following a strong financial performance in 2024, driven by the continued expansion of its smoke-free product portfolio.

The company delivered a reported diluted EPS of $4.52 (£3.63), or $6.01 before a Canada non-cash impairment of $1.49, compared to $5.02 in 2023. Adjusted diluted EPS reached $6.57, representing growth of 9.3 per cent, and 15.6 per cent on a currency-neutral basis.

Keep ReadingShow less