Retail news in the UK | Page 3

An overview of news, trends and research in the Retail industry in the UK:

PwC to oversee Made.com administration The operators of Made.com Design have filed a notice to appoint Big Four firm PwC as its administrator. The consultancy will now work to find a buyer for the assets of the e-commerce firm. Made.
03 November 2022
Inflation and interest hikes to hit UK consumer spending UK households face an unprecedented financial squeeze, according to a new study, as inflation diminishes the value of pay in real terms, while interest rates make borrowing more expensive.
30 September 2022
Consumers scaling back spending due to energy spike and inflation With inflation on the rise, amid a sustained period of wage stagnation, consumer spending in the UK is dipping dramatically.
20 September 2022
UK retail to miss out on £25 billion in discretionary spending Almost nine-in-ten UK consumers intend to cut back their spending over the year ahead, as inflation continues to force them to cut back on non-essential purchases.
30 August 2022
Shifting consumer priorities see businesses facing 'crisis of relevance' Almost nine-in-ten executives are worried that their business is at risk of becoming irrelevant, as public sentiments on consumption and work shift around the world.
18 August 2022
Retailers face looming 'profit crisis' as inflation bites With the cost-of-living crisis and stagnant wages eating away at the spendable income of most consumers, retailers may be about to witness an alarming slump, according to new research.
21 June 2022
Kearney: Patagonia the world's most circular fashion retail brand Patagonia is the world’s most circular brand in the world of fashion retail, according to a new study.
09 May 2022
Fast growing online marketplaces set to dominate ecommerce markets The gradual shift of consumers to online retail was given a huge boost during the pandemic – as the bulk of non-essential commerce went digital.
13 April 2022
UK shoppers reach 'tipping point' over sustainable consumption Half of UK consumers would be willing to pay extra for sustainable produce from retailers, according to a new survey.
11 April 2022
Consultants to oversee administration of men's footwear brand UK headquartered footwear brand Steptronic has called in administrators, after its bottom line was hit hard by supply chain issues.
21 March 2022
Consumer retail profit at risk as inflation bites With inflation set to rise even further from its current 30-year high, retailers are faced with looming losses.
11 March 2022
Inflation forcing UK residents to spend savings Spiralling rates of inflation, sustained wage stagnation, and the continued economic impacts of the pandemic mean many UK residents are having to burn through savings to stay afloat.
09 March 2022
Teneo to oversee administration of Studio Retail UK ecommerce firm Studio Retail is hoping for a rapid sale of its assets, after the appointment of administrators from Teneo.
28 February 2022
How Search AI can help retailers stand out in the e-commerce boom
07 February 2022
Metyis: Tactics for brands to be successful on the Amazon platform For any brand conducting business online, the world’s largest retail platform Amazon forms a critical part of the e-commerce strategy.
24 January 2022
UK consumers embracing more sustainable behaviour UK consumers are increasingly ecologically-minded. Fewer than one-in-ten customers now say they are not at all concerned about environmental sustainability when it comes to the products they engage with.
10 January 2022
Thousands of retailers under 'significant financial distress' this winter The number of retailers in financial distress rose by 2% at the end of 2021, according to a new study. Inflation and supply chain challenges mean this may become worse in the coming months.
10 January 2022
Supply chain issues to hit Boxing Day sales Annual research from PwC anticipates “lacklustre” Boxing Day sales, as retailers look to preserve margins already hit by supply chain uncertainty and labour shortages.
27 December 2021
Black Friday spend of UK consumers set to rise After a year of muted sales amid the initial waves of Covid-19, Black Friday is back with a vengeance in 2021.
26 November 2021
Demand for sustainable finance services outweighs supply A new study has found the vast majority of consumers value sustainability in their financial service purchases.
25 November 2021
Online retail and e-commerce model runs on thinner margins As the trend to digitalisation inevitably ramps up competition in the ecommerce space, retailers will have to learn to live with the tighter margins online shopping brings.
10 November 2021
Third of consumers willing to pay more for sustainable products Almost nine-in-ten consumers have become greener in their purchasing in the last five years, offering companies a major opportunity to tap into sustainability demand.
02 November 2021
Bambino Mio receives multi-million BGF investment Reusable nappy brand Bambino Mio has been backed by a £13 million investment from BGF to support its growth ambitions. Seven professional services firms played a role in the deal.
22 September 2021
Challenger management consultancy Shape Beyond launches Former ASOS Chief Financial Officer Helen Ashton has launched a management consultancy in the UK.
14 September 2021
UK most digitally advanced country in Europe, but trust issues linger A new survey of consumers has revealed that the UK is the most digitally advanced country in Europe in terms of service delivery.
14 June 2021
Five industries that can benefit from lean and six sigma Since their early beginnings in automotive, Lean and Six Sigma have grown into one of the most applied performance improvement methodologies.
14 June 2021
Violence toward retail workers spikes during pandemic Data released by the representative body of the UK’s retail sector has shown that shopworkers were subjected to a sharp increase in abuse during the Covid-19 pandemic.
28 May 2021
Sports retailers must adapt to online demand, warns report Global sports participation is expected to increase by one billion people by 2025.
17 May 2021
Real estate issues continue to hit retailers hardest Now that half of the UK population has received at least one dose of the Covid-19 vaccination, there seems to be light at the end of the tunnel, and people are beginning to talk about what the proper
14 May 2021
BJSS adds e-commerce solution to its offerings for retailers BJSS has expanded its suite of offerings for the retailer and consumer-focused business, with a new partnership with commercetools.
16 April 2021
David Rubin & Partners to oversee Brooks Brothers administration US business attire retailer Brooks Brothers has seen its UK wing fall into administration, after suffering from a lack of demand for its products as people worked from home.
14 April 2021
How purpose has changed the CEO and the consumer in 2021 Becky Willan, co-founder and CEO of Given, an agency for purpose-driven brands, shares her take on how the new post-Covid-19 world will change the world of the CEO and the consumer.
23 March 2021

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