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McKinsey & Company | News | Retail

An overview of McKinsey & Company news in the UK:

Global retail sector heading for slim growth in 2025 The fashion industry is set for slow but steady growth in 2025, according to new McKinsey & Company research.
20 November 2024
Customer services leaders concerned by scaling difficulties for GenAI pilots Customer care leaders believe that Generative AI will soon be a defining feature of their sector, with four-in-five predicting their investments in the technology will increase.
17 September 2024
Seven McKinsey charts on how Covid-19 is changing consumers The Covid-19 crisis is significantly changing consumption patterns, purchasing behaviours and brand mindsets of Britons.
30 November 2020
Clarks taps McKinsey consultants to review its strategy UK footwear retailer Clarks has appointed McKinsey & Company to conduct a review of its business, having endured a difficult period in the UK market.
03 December 2019
McKinsey alumnus Laxman Narasimhan new Reckitt Benckiser CEO McKinsey & Company is known to be a major breeding grounds for future leaders in the world of business and beyond.
14 November 2019
Sainsbury's ups supermarket stakes with 2,000 job cut strategy As part of a £500 million cost-cutting plan, supermarket giant Sainsbury’s has announced that it will give 2,000 staff their marching orders.
25 October 2017
Sainsbury's brings in McKinsey to draft new £500 million saving plan Sainsbury’s is due to announce more than 1,000 job cuts at head office as part of an efficiency drive designed to save £500 million.
22 August 2017
Scandal-stricken Arcadia hires McKinsey to draft strategic plan Arcadia, the parent firm of Topshop, Miss Selfridge and Burton among others, has brought in consultants McKinsey to advise on a new strategic plan, with the group placing a new emphasis on e-commerce
07 July 2017
Brand loyalty not enough to guarantee custom Top companies holding onto customers through brand loyalty alone is becoming increasingly difficult, according to a rectent report.
05 July 2017
McKinsey Associate Principal Assi Gol joins online retailer Shop Direct Shop Direct has hired Assi Gol as the lead of the firm’s customer intelligence teams.
14 September 2016
Chinese consumer spending moves toward more premium goods While the Chinese economy slows, it is seeking to transform to one led by consumer spending.
24 August 2016
Tech-savvy shoppers lift Chinese e-commerce market to 630 billion China’s online shopping market is continuing to see strong growth. Over a period of two years the market has become 80% larger than that of the US, and in 2015 totalled almost $630 billion in sales.
02 June 2016
Global grocery retailers struggle with expansion into emerging markets The expansion strategies of international grocery retailers into emerging markets is not as effective as hoped for, according to new research.
05 May 2016
Consumer sector trends to consider in the next 15 years The past 15 years have seen a considerable shakeup of the consumer industry as old players gave way to new ways of engaging consumers and doing business.
18 January 2016
Advisors rack up 100 million for Ahold Delhaize merger Last month supermarkets Ahold and Delhaize announced they agreed a merger, a move which will create Ahold Delhaize, a new top 10 player in the global supermarket scene. For management consultants, advisors and lawyers th
20 July 2015
Flipkart hires McKinsey & Co. India Director as COO E-commerce marketplace Flipkart has hired McKinsey Director Saikiran Krishnamurthy to be the COO of the firm’s Commerce Division.
27 March 2015
Retailer Myntra headhunting McKinsey consultants Myntra, one of India’s leading online fashion stores, has in recent months headhunted several high ranked consultants from McKinsey & Company. While the influx of the brightest minds in the consulting industry have according to
30 December 2014
McKinsey: Chinese middle class boosts growth luxury market In 2015 Chinese consumers are good for purchasing over one-third of all luxury products in the world.
19 April 2013
Retailer BinHendi chooses McKinsey based on reputation Arab retailer BinHendi Enterprises, one of the oldest family-owned businesses in the UAE, has hired McKinsey & Company to review the performance of the organization. Based on the outcome, the strategy advisory
12 April 2013

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