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Retail news in the UK | Page 8
An overview of news, trends and research in the Retail industry in the UK:
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AFRY Management Consulting
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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
Loyalty schemes increasingly mismatched to customer expectations
Loyalty programmes and schemes may no longer be fulfilling the expectations of consumers, as increasingly competitive consumer markets seek to secure long-term customers.
09 August 2017
Chinese consumer market set to grow by $1.8 trillion by 2021
Consumption across the world’s largest economies is set to increase significantly over the coming years to 2021, and while the US is projected to remain the largest consumer economy, growing by $2.
03 August 2017
Indian consumer market to see strong growth
Consumer spending in India is set to increase to $4 trillion by 2025.
19 July 2017
Brands need tailored strategies to win customer loyalty game
By challenging traditional beliefs around customer loyalty and cutting through purely transactional rewards, brands can create more intelligent propositions, writes Harriet Mason, an Engagement Manag
19 July 2017
BCG joins Facebook co-founder with investment in retail startup
BCG has participated in a large funding round for B2B startup Inturn, to the tune of $22.5 million in Series B financing.
17 July 2017
Ecofys supports Belgian arm of Lidl with climate strategy
Energy and environment consultants Ecofys have advised Lidl on the climate strategy of their Belgian wing. The supermarket chain hopes the support will see their carbon emissions fall dramatically.
14 July 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
House of Fraser picks Capgemini for IT services
British department store House of Fraser has announced a new agreement with technology and outsourcing consultancy Capgemini.
30 June 2017
Aldi and Lidl take supermarket battle to the US
European discount supermarkets Aldi and Lidl are both bulking up their US presences, as a decades-long supermarket battle crosses the Atlantic.
29 June 2017
RSM administrators oversee textile companies' sale to save jobs
Bolton Textiles Group have purchased a number of struggling industry competitors, in a deal brokered by RSM administrators.
21 June 2017
Rise of hard discounters to hit market share of large US supermarkets
The rapid expansion of discount grocery stores is set to affect the market share of traditional retailers in the US, including large supermarkets.
19 June 2017
Style Group Brands sold by KPMG administrators in bid to avoid mass layoffs
The iconic womenswear retailers Style Group Brands, which ran into financial strife earlier this year, has been sold to a subsidiary of Calvetron Style Holdings for an undisclosed sum, in a deal advi
13 June 2017
Consumer and retail M&A value back to pre-crisis levels
According to professional service group A.T.
06 June 2017
London sees most retail brand arrivals of all European cities
London was the most sought after city for retail investment in Europe last year, with 65 new brands opening, while Paris, the number two, was a distant second for Europe at 36.
06 June 2017
UK retail industry sees value rise, long-term conditions remain uncertain
Stagnant wages and unsustainable consumer debt means threaten the long-term spending growth of the UK retail industry, according to a new study by AlixPartners.
31 May 2017
UK consumers scale back leisure spending as pound suffers
UK consumers are currently continuing their trend of interest in spending on experiences over goods, finds a new study.
25 May 2017
Online market of China's FMCG industry is booming, OC&C finds
Chinese consumers are increasingly embracing online market places for access to fast moving consumer goods (FMCGs), a new report has found.
17 May 2017
KPMG acts as joint administrator to Jones Bootmaker sale to Endless
Iconic shoe retailer Jones Bootmaker will continue to operate in the UK, following the sale of the company to Endless, a UK-based private equity firm.
30 March 2017
Circular economy principles add value to Nordic used textile industry
The export of used textiles from the Nordic region, using circular economic principles, is found to add value to the region.
24 March 2017
Large CPG companies continue to be whittled down by niche producers
Large Consumer packaged goods companies continue to see their market share eroded in the face of smaller players that are able to offer consumers local and natural wellbeing propositions.
15 March 2017
Smartphones are increasingly dominating the retail customer journey
In 2016 around 49% of e-commerce transactions involved a smartphone, this is expected to increase to more than 80% by 2020, finds a new study.
23 February 2017
Seven enablers for successful digital transformation in retail
The retail industry is currently facing a significant challenge with an increasing competitive threat from online/digital-only retailers and equally digital savvy and demanding customers.
20 January 2017
Retail stores risk losing consumers to digitally prepared competition
Meeting retail consumer expectations in the digital age is becoming increasingly difficult for executives to discern, a new Capgemini study finds.
18 January 2017
UK consumer confidence on the rise, but outlook remains uncertain
UK consumer confidence has ticked up, even in the wake of the referendum and its resultant uncertainty. The South West and Midlands, and the North, saw the biggest gains.
11 November 2016
Chadstone Shopping Centre expansion opens its doors
The Chadstone Shopping Centre in Melbourne recently opened its $660 million expansion, making it the largest shopping mall in the Southern Hemisphere.
11 November 2016
Baringa expands into Consumer Products and Retail industries
Baringa is expanding into the Consumer Products and Retail sectors with the launch of a dedicated practice, focused on supporting clients in the sectors meet market and technology challenges.
10 November 2016
Revamping retail supply chain can boost the fresh food value chain
Food waste is a global problem for humanity, from wasted resources and unnecessary environmental damage to the social cost of food not reaching people.
27 October 2016
Back to school demand and improving sentiment boosts retail sales
Retail sales have shown slight improvement over the past months, on the back of back to school demand and improving consumer sentiment, according to the latest ‘Retail Sales Monitor’ from the British
19 October 2016
Accenture deal sees 80 year old Kurt Salmon brand leave the consulting stage
Accenture has acquired Kurt Salmon’s retail and consumer goods business for a reported fee of $165 million.
23 September 2016
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
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