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Retail news in the UK | Page 6

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

Six business model strategies for retailers to remain competitive On the back of major trends such as e-commerce, changing client demands and the blending of offerings and sectors, the speed of change in the retail industry has reached new heights.
11 June 2019
Online retail growth outpaces bricks-and-mortar footfall Traditional retailers saw sales volume and value stabilised at the start of 2019, enjoying growth 4%.
06 June 2019
Select administrators call for second CVA deal Following its collapse into administration, the administrators of fashion retailer Select have asked landlords to approve a company voluntary arrangement to keep the business from ceasing to trade.
03 June 2019
Retailers must make return on experience the new ROI In addition to the traditional return on investment (ROI) metrics such as NPS, which are used to determine a company's success, it is time to introduce another metric.
22 May 2019
Operations and CX are top benefits of AI in retail industry With operations and CX having become increasingly important to the future of retail companies in the UK, many are turning to AI for help.
20 May 2019
Five trends sweeping through the consumer sector Digitalisation and rapidly changing customer expectations are transforming the consumer goods sector.
30 April 2019
Debenhams administrator handed legal threat from Sports Direct Earlier in April 2019, the long-suffering high street entity of Debenhams finally collapsed into a pre-pack administration, wiping out equity for shareholders including Sports Direct.
24 April 2019
Consumer goods start-ups grow interest from venture capital Funding the latest consumer goods start-up has been a real money-spinner for venture capitalist firms, with a number of $1 billion companies – or unicorns – having emerged in the space in recent year
23 April 2019
Lack of high street openings sees UK retail in precarious state Changes in consumer behaviour, particularly in favour of online shopping, are starting to take their toll on shop-fronts in the UK, while stagnant wages are hitting peoples’ willingness to go out for
11 March 2019
FRP Advisory appointed for Better Bathrooms administration More than 300 jobs have been lost, as home improvement retailer Better Bathrooms has fallen into administration.
07 March 2019
Red Consultancy handed new role with Munchkin UK communications firm Red Consultancy has landed a new contract with Munchkin, as its UK PR and social agency.
20 February 2019
Understanding Gen Z is crucial for brands and retailers Generation Z is set to make up a huge proportion of the global consumers in just 10 years.
31 January 2019
UK supermarkets see off Amazon threat for now As ecommerce continues to batter the market share of traditional bricks-and-mortar retailers, one area that continues to hold fast against the challenge is the grocery subsector.
17 January 2019
Artificial Intelligence offers $340 billion opportunity to retail sector The use of Artificial Intelligence could offer as much as $340 billion in cost-saving opportunities for retail companies able to scale and expand the scope of their existing deployments, according to
16 January 2019
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

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