In order to run a successful business, two things need to be considered. One, the costs of running, and two, the cash flow that will support this. As you’re adding up the costs, you may be surprised at the different
Articles in category: Opinion Time
Opinion time is the voice of retailers & retail industry figures, find out what they have to say here on Retail Times
The chances are that you have already experienced a moderate amount of success if you happen to own a retail-based website. Not only are these business models extremely flexible, but the capability of connecting with a massive virtual audience signifies
A pop-up store isn’t just a temporary place for you to sell your goods. It’s a chance for you to create buzz around your business and to spread your brand’s message far and wide. That’s why you need to create
Ten years ago, a research paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published, under the pseudonym, Satoshi Nakamoto. The paper outlined a format for a radical new digital currency called Bitcoin, created by marrying computer science, distributed systems,
You could reasonably describe social media as the "connective tissue" of the internet. It swiftly delivers content about your brand to consumers, who then might go on to share that content or seek out further information about your brand. It's
Today, it is vital for the retail industry to adapt according to changes in shopping habits, and key trends of consumers. To meet these consumer demands, businesses are dependent on developments in technology and print to maintain high levels of
Boarded up windows, closing-down sales and a huge growth in e-commerce retail has seen the UK’s high streets continue to suffer in recent years. Although there are many factors to consider when assessing why some shops fail and others thrive,
The so-called decline of the Great British high street has been widely discussed for a while now, with the retail sector suffering adversely as a result of Brexit uncertainty and the growing dominance of ecommerce channels. In fact, the former
In the digital age, your business should not only have a social media presence, but also a strategy built around the use of social media. However, your company might not have the kind of scale to reach a lot of
There is more pressure now than ever to build a supply chain that is as efficient and responsive as possible – but is it possible to achieve both?
April’s ONS retail statistics show overall sales down 0.3% against March, with High Street department stores sales shrinking 0.7%. But in a rare glimpse of hope, their online sales soared 12.4%
The CBI has responded to a speech by Theresa May, setting out a timetable for her departure as UK Prime Minister.
On the 20 May, the Tobacco Products Directive came into force; initially affecting the manufacture, distribution and sale of cigarettes and roll your own tobacco . Products will not be allowed into the market, if they are not uniquely serialised
Two fifths of UK adults say that eating healthily is of high importance to them and 47% of consumers claim they are trying to reduce their fat intake therefore it is important that caterers think about introducing healthier ingredients into
Summer festivals and outdoor events are an amazing opportunity to get your brand noticed and to have face-to-face interactions with customers that help them build a meaningful relationship with your brand.
The spring sunshine came as a pleasant surprise to British consumers last week, who were out in force and driving double-digit growth for pubs and restaurants nationwide.
Does your e-commerce website appear in Google search engine results? Are search engines driving sales to your website? If you do not have an online presence that is noticed by your target audience, how will you ever get ahead? Do
By Andrew Witkin, founder and president, StickerYou No matter what you’re selling, you should be making storytelling an important part of your brand. Stories are an ingrained part of who we are as human beings, something we have been doing
On the list of marketing priorities, unboxing often comes last. But it shouldn’t. The unboxing experience can be a powerful way to reach consumers and engage with them in a meaningful way, leaving a positive impression that they may share
Waste reduction charity WRAP reports that households throw away approximately 7.1m tonnes of food each year. A further 3.1m tonnes is thrown away having expired on shelves in stores or in the supply chain. Meanwhile, University of Edinburgh research claims
With billions of people accessing the internet on a daily basis, digital marketing has become a necessity for businesses across the globe. How well you plan and execute your digital marketing strategy will directly affect the growth of
Fire alarms are lifesaving pieces of technology and a must-have for a hospitality or retail operator, says Call Systems Technology
The annual cost of fires in the UK is estimated by the Fire Sector Federation to be a staggering £9.1 billion. Shockingly, for the fire service, the cost of call outs is rising, and the greatest increases are a consequence
With British consumers expected to spend in the region of £400 million on Easter eggs and Easter-related confectionery this year, the increasing choice of options available on supermarket shelves reflects the continuing fragmentation of UK shoppers and their needs.
Keeping your customers coming back time and time again is crucial in securing the long-term sustainability of your business – but how can you ensure they are getting the same high-quality service when ordering online as they might expect in-store?
Referral: using the power of word of mouth to navigate today’s fickle consumer landscape and the rise of the conscious consumer
Brexit, global economic uncertainty, climate change, consumer unease with the impact retail is having on the planet. All and any of these factors can be said to be having an impact on the UK retail industry. Notably, following a damning