Retail news in the UK

An overview of news, trends and research in the Retail industry 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
Four tips for retailers to make the most of 'grocery-tourism' With a collective wealth of experience in the retail industry, the concept of grocery store tourism is nothing new to Capgemini Invent’s UK retail team.
24 September 2024
Project One helps FMCG player to improve PMO capabilities A Programme Management Office is a key part of the delivery function of an organisation with responsibility for overseeing and governing projects, standardising delivery approaches and practices and
20 September 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
Unilever and Accenture establish heightened GenAI productivity Unilever and Accenture have established a new industry standard in Generative AI productivity.
16 September 2024
Consumers now less price-conscious, more value driven Following a sustained period of dwindling consumer spending power, cost-consciousness among UK consumers is finally falling.
10 September 2024
Unilever working with PwC on divestment of premium skincare brands Fast-moving consumer goods giant Unilever has reportedly contacted PwC to help it slim its personal care portfolio.
04 September 2024
4 in 5 consumers plan new wellness and fitness purchases by 2025 THUMBNAIL: Either the woman being rained on by Gatorade on page 13, or the woman with six fingers on page 25 https://www.dropbox.com/scl/fi/99czib3gh0d05u116qssk/PA-Consulting-Sport-Wellness-Survey.
01 July 2024
Accenture to support Bath & Body Works with AI experience Bath & Body Works has selected Accenture to deliver its core technology infrastructure.
17 June 2024
Currys selects Accenture and Microsoft for Generative AI adoption Currys has selected Accenture and Microsoft to deliver its core technology infrastructure to enable the international omnichannel retailer to leverage the latest AI technologies to enhance customer s
07 June 2024
Businesses need to do more than present sustainability as luxury product The importance and focus on sustainability is increasing in the eyes of consumers around the world – and more and more are trying to do their own small part.
29 May 2024
10 ways AI technology can advance the retail sector The rise of artificial intelligence is disrupting industries of all sorts.
26 March 2024
PwC set to return as Sainsbury's auditor Reports in the British press suggest supermarket giant Sainsbury’s is set to re-appoint PwC as its auditor. The move would come a decade after the firm was replaced in the role by Big Four rival EY.
13 March 2024
Consumer packaged goods companies over-reliant on price hikes 2023 saw many consumer goods companies preside over what appeared to be strong revenue growth.
05 March 2024
Consumers struggle to prioritise sustainable packaging While four-in-five consumers in the UK and US believe in the need to reduce plastic use, almost the same number do not rule out buying products which do not prioritise sustainability.
20 February 2024
FRP Advisory selected for The Body Shop administration Shortly after a private equity company, The Body Shop has collapsed into administration in the UK.
16 February 2024
BDO selected for mountain bikes administration Two mountain bike manufacturers in West Yorkshire have gone into administration.
23 January 2024
UK consumers continue to cut spending for 2024 While the narrative around the UK economy has bordered on optimism in recent months – with stats suggesting wage growth is finally outpacing inflation – consumers are feel they are less secure than t
08 January 2024
UK consumers most likely to give unwanted gifts to charity Unwanted Christmas gifts are most likely to be donated to charity, according to new research.
26 December 2023
How Metyis is helping Hugo Boss make the most of its data Iconic fashion brand Hugo Boss has launched a new Hugo Boss Digital Campus in partnership with Metyis.
21 November 2023
Cost of living continues to hit Christmas spending After another year of rampant inflation, more than one-third of Britain’s consumers are planning on downsizing their Christmas spending on gifts.
27 October 2023
Halloween popularity rises amid generational spending shift Even as UK consumers scale back their spending on Christmas amid a cost-of-living crisis, Millennial and Gen Z shoppers are helping inflate the annual revenues of the country’s Halloween economy.
18 October 2023
BearingPoint supports Currys with business process upgrade Following a major structural change to combine its UK brands, Currys was unsure how to combine its business processes – and also needed help improving its aftersales process.
14 September 2023
Retailers must modernise customer experience to compete Operations and CX having become increasingly important to the future of retail companies in the UK, but transforming those functions can be hamstrung by a company’s legacy systems.
28 August 2023
Consumers resilient in the face of uncertainty, Accenture finds A majority of people expect their disposable income to remain the same or improve within the next 12 months despite economic uncertainty.
15 August 2023
Pre-pack sale saves jobs at model retailer Ripmax Online model retailer Ripmax has been sold out of administration, protecting more than 20 jobs. The sale was overseen by administrators from restructuring specialist Quantuma.
07 August 2023
Half of UK consumers say kindness is important in buying choices A majority of global consumers now define the ‘kindness’ of a company as a key factor in purchasing goods and services – with 61% saying it has caused them not to make purchases in the last two years
28 July 2023
Consumer negativity on economic outlook falls As the global economic picture remains clouded by uncertainty, consumer sentiment remains notably pessimistic about future prospects.
12 June 2023
Nike selects Cognizant to transform global tech operations Cognizant has announced a new agreement with sporting brand Nike, to transform and support its technology operations.
03 May 2023
Gen Z maintains discretionary spending despite inflation As inflation on essentials like food continues to spiral, six-in-10 UK consumers are cutting back on non-essential purchases.
02 May 2023
Retail the UK’s leading industry for digital experience They UK’s businesses are ahead of the curve, when it comes to enhancing their digital experience with social media use, according to a new survey.
25 April 2023
Digital tools and return charges key to cut UK fashion's carbon emissions As the UK struggles to meet its net zero targets, millions of returned fashion items are incinerated, generating thousands of tonnes of CO2 emissions every year.
17 April 2023

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