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News
| Retail | Page 4
An overview of news, trends and research in the Retail industry in the UK:
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Lyons Consulting Group builds digital experience for FootJoy
The website of global golf-wear brand FootJoy has received a retooling from Capgemini-owned Lyons Consulting Group.
16 January 2019
KRE Corporate Recovery oversees Mahabis administration
Luxury slipper brand Mahabis has collapsed into administration, following poor seasonal trading and a heavy debt burden, according to reports in the British press.
10 January 2019
HMV appoints KPMG for second administration in six years
UK entertainment retailer HMV has appointed joint administrators from KPMG to oversee the sale or closure of its business.
08 January 2019
UK staff get little help from bosses for £6 billion Christmas overspend
A majority of UK employees find financial worries to be a distraction from daily activities over the Christmas period, a new study has found.
21 December 2018
Digital transformation is essential for future of British retailers
Despite facing a period of poor sales and increased competition, British retailers remain reluctant to fully commit to programmes of digital transformation.
10 December 2018
Stagnant wages and Brexit see consumer confidence dip before 2019
Consumer confidence in the UK continues to face headwinds, as real wage growth declines and Brexit uncertainties set in.
06 December 2018
TPC and Catalyst AI partner to bring AI to retail supply chain
As the retail sector looks to find efficiency savings and improve results in a challenging period, the importance of an effective supply chain has been significantly enhanced.
06 December 2018
Retailer Charles Tyrwhitt selects Thought Provoking Consulting for project
Charles Tyrwhitt has selected retail consultancy Thought Provoking Consulting to support with the design and implementation of a new sales and stock-planning software.
27 November 2018
Vultures circle some 200 UK shopping centres on brink of administration
A new report has found that over 200 shopping centres in Britain are in danger of collapsing into administration.
26 November 2018
UK retail net store closures quadruple in first half of 2018
The UK high street is enduring its most challenging period in five years, according to a new study.
14 November 2018
Primark enjoys rapid growth despite steadfast refusal to digitise
Since its launch in 1969, Dublin-headquartered Primark has made a name for itself as a keystone high-street player, and the go-to discount fashion provider of choice for millions of shoppers world-wi
08 October 2018
Former Liberty CEO Iain Renwick joins UK consultancy BrandCap
Retail industry stalwart Iain Renwick has joined the consultancy BrandCap Group.
02 October 2018
British shops suffer worst August in three years
As inflationary pressures and a record heat-wave drove consumers away, British shops suffered their worst August in three years according to the most recent analysis.
28 September 2018
Debenhams calls in KPMG as it mulls store closures
Debenhams has tapped up advisers to consider its options, including possible store closures, as the UK high street fixture struggles to renew falling sales figures.
25 September 2018
The 50 largest FMCG / consumer goods companies in the world
Nestle, Procter & Gamble and Pepsico remain the world’s largest fast moving consumer goods companies in the world.
24 September 2018
UK less trusting of consumer-facing businesses than 3 years ago
As consumers and businesses become more reliant on technology, they are also feeling more exposed to risk.
19 September 2018
Big Four firms wary of Sports Direct's hunt for new auditor
As competition rules have led to Grant Thornton having to stand aside as the auditor of Sports Direct, the retail group has been left struggling to replace the firm.
19 September 2018
Retailer Steinhoff suspends former CFO's consultancy
Steinhoff International has suspended consulting agreements with former CFO, Ben la Grange, and ex-Director Stehan Grobler as an investigation by Big Four firm PwC into accounting irregularities cont
31 August 2018
Five lessons from a consultant that moved from retail to consulting
Skylar Vanderbilt-Smith joined Thought Provoking Consulting, a boutique management consultancy for the retails sector, in September last year.
28 August 2018
Royal Mail struggles to reduce customer complaints post-privatisation
According to a new study, Royal Mail is enjoying mixed results after its three years of full privatisation.
23 August 2018
Lidl cancels SAP introduction having sunk €500 million into it
Disruptive discount grocery brand Lidl has made an uncharacteristic misfire, shelving a seven year project to introduce SAP to its business.
13 August 2018
Millennials can't wait for smart tech to enter grocery stores and supermarkets
As the largest supermarket names in the UK look to battle the loss of market share to discount competitors, they would do well to take stock of a new report, which suggests shoppers of grocery stores
07 August 2018
Despite sunshine, tough trading conditions persist for UK retail
As the British retail sector continues to fight against numerous challenges, a new study has found that stores enjoyed a modest boost to sales value in the summer months of 2018.
07 August 2018
How a multi-channel digital approach lifted ITV's Love Island success
After the culmination of another year of successful programming for ITV’s commercial juggernaut Love Island, the retail industry would do well to learn from the show’s lucrative mix of interactive ma
03 August 2018
The top 10 UK brands for customer service and experience
As companies across the spectrum of business sectors come up against heightened competition, the importance for an improved customer experience offering is more clear than ever before.
31 July 2018
Retail bears brunt of sluggish first half of 2018 with 20 profit warnings
The number of profit warnings by FTSE-listed retailers has doubled since the same period of 2017, while the UK economy as a whole has seen profit warnings hit a seven year high.
26 July 2018
Consultants help Arcadia Group with optimising markdowns management
British retail group Arcadia is leveraging data science to improve operational effectiveness.
25 July 2018
Globe's largest FMCG companies buying their way to faster growth
As markets become increasingly volatile amid changing consumer habits and heightened digital competition, many firms now look to acquisitions as a root to spreading risk as well as boosting financial
20 July 2018
UK retailers continue to suffer from the high street crunch
Tough choices face the UK regarding Brexit, as negotiations plagued by governmental in-fighting continue to create economic uncertainties for people and businesses across Europe.
16 July 2018
Begbies Traynor administrates GinFestival.com as gin bubble threatens to burst
For the best part of a decade, gin sales in the UK have been growing exponentially, however, the collapse of a firm previously riding high on that wave of consumption has suggested that the gin bubbl
13 July 2018
Executives in retail are upping their use of independent consultants
Retailers looking for specific expertise in consulting services are increasingly turning their back to the large consulting firms in favour of independent consultants.
03 July 2018
PwC fined and Partner banned from accounting over BHS audit
Following an investigation into the collapse of British retailer British Home Stores, PwC and a former Partner of the firm have been fined on the grounds of ‘misconduct’.
29 June 2018
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