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Retail news in the UK | Page 9
An overview of news, trends and research in the Retail industry in the UK:
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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
UK consumer confidence remains flat, negative outlook abides
UK consumer confidence has remained stable on the referendum results, at -8% quarter on quarter.
30 August 2016
Chinese consumer spending moves toward more premium goods
While the Chinese economy slows, it is seeking to transform to one led by consumer spending.
24 August 2016
EY launches Microsoft-backed analytics platform for retail industry
EY has, as part of its strategic alliance with Microsoft, launched a ‘Commercial Analytics Services Hub’.
18 August 2016
Opportunity to create brand awareness in Cuba as economy opens
Cuba has recently been in the headlines. President Obama was the first US head of state to visit the country in 90 years, following warming diplomatic relations.
03 August 2016
Millennials and technology are redrawing consumer goods market
Millennials and the technology they wield are redrawing the consumer goods market with changes in values and in how they like to shop.
26 July 2016
Foreign FMCG players losing share in fast changing Chinese market
The Chinese FMCG market is under pressure as consumers shift their spending habits towards higher value durable goods and health, causing growth rates for the market to hit lows of around 3% at the s
06 July 2016
European B2C e-commerce market breaks through €500 billion mark
The European B2C e-commerce market is this year expected to, for the first time in its history, break through the barrier of €500 billion in turnover, according to new research.
14 June 2016
Better life stage and lifestyle analysis needed to engage millennials
The millennial generation now represents around one-quarter of the US population and 38% of total spending in US apparel sales. According to a new report, the group is currently being targeted too homogeneously by retailers.
13 June 2016
9 ways to improve gender balance in the boardrooms of retailers
For decades, and still today, retailers in the UK face a lack of gender balance in boardrooms.
13 June 2016
Tech-savvy shoppers lift Chinese e-commerce market to 630 billion
China’s online shopping market is continuing to see strong growth. Over a period of two years the market has become 80% larger than that of the US, and in 2015 totalled almost $630 billion in sales.
02 June 2016
TCS launches OptumeraT and OmniStoreT Retail Solutions
The need to create seamless omnichannel experiences for customers is growing as more and more seek to research and buy products online.
02 June 2016
Former Bain consultant at the helm of McGregor Fashion Group
Armin Broger has recently been appointed the new Managing Director of the Dutch fashion house McGregor Fashion Group. The new CEO, who early in his career was a consultant at Bain & Company, has held a number of mana
27 May 2016
Consumer and retail M&A market finding its way back to rationality
The global M&A market has been awash with activity over the past years, as private equity firms sought to exit stock built up from before the crisis and corporates, flush with cash, sought to pick up
26 May 2016
E-commerce to take off in Belgium, omnichannel becoming key
The rise in the Belgian e-commerce market is pushing through changes in the retail sector.
18 May 2016
European grocery industry to face major reshape in coming decade
Large European supermarkets and hypermarkets are set to lose considerable market share as value conscious consumers seek discounters and online propositions.
12 May 2016
Save the Children hires Knight Frank for retail expansion
Save the Children has hired real estate consultancy firm Knight Frank to expand its UK charity shop presence into 10 additional local communities.
10 May 2016
Global grocery retailers struggle with expansion into emerging markets
The expansion strategies of international grocery retailers into emerging markets is not as effective as hoped for, according to new research.
05 May 2016
US CPG market grows to 670 billion, SMEs eating share from giants
SME companies in the US CPG market continue to outperform the behemoths in terms of sales growth, finds a study by BCG.
28 April 2016
Consumer goods shifting towards a winner take all world
The effects of digital channels are felt across a variety of different industries, as more and more consumers opt for the convenience of buying online.
30 March 2016
Cambridge Consulting develops smart cash register for retail
Cambridge Consulting has developed a digital solution to age old cash register problems through the implementation of advanced algorithms.
22 March 2016
Ecommerce boom is eating profits from non-food retailers
Consumers seeking low prices and convenience are more and more often shopping online, with 20% of non-food consumer goods now being sold through online channels.
21 March 2016
UK online sales in non-food goods continues to boom
Online sales of Non-Foods goods in the UK continue to grow, hitting 20% of total sales in February.
10 March 2016
John Lewis hires Mace to fit its Victoria Gate store in Leeds
The newly developed Victoria Gate in Leeds is expected to open later this year, creating 1,000 jobs and a lasting architectural icon.
24 February 2016
BCG: CPG companies facing technology cost pressures
The consumer packaged goods industry is facing digitalisation, and companies are taking different approaches to meet changing consumer expectations, a recent BCG report highlights.
03 February 2016
New service makes queuing while shopping less frustrating
Cambridge Consultants has developed a new queuing monitoring system that allows users not only to choose the shortest shopping line in the store, but to select the fastest moving one, helping them to
27 January 2016
North Face, IBM and Fluid launch shopping experience
The North Face is working together with Fluid and IBM to provide customers with an interactive shopping experience that helps them hone in on their specific clothing needs based on a series of questi
20 January 2016
Consumer sector trends to consider in the next 15 years
The past 15 years have seen a considerable shakeup of the consumer industry as old players gave way to new ways of engaging consumers and doing business.
18 January 2016
KPMG: Retail sales growth unlikely to improve in 2016
2015 was a good year for consumers as real pay increased 2.8%.
14 January 2016
Strategy&: The US and UK lead in omni-channel maturity
Omni-channel development has undergone rapid proliferation, particularly in the US, UK and Australia, which score the highest on Strategy&’s Global Omni-channel Retail Index.
23 December 2015
Accenture: UK Christmas sentiment up on last year
Christmas shopping sentiment rides high this year; 20% of consumers say they will spend more than last year and 36% say they will spend more than £250.
22 December 2015
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