“In the current environment of dramatically falling consumer demand and great uncertainty, those running the UK’s businesses will wish they had all the answers – but the truth is no one does. The best way to be armed for the
Articles in category: Comment
The comment column is for retail professionals to have their say. Whether responding to published opinion, reacting to or challenging reports or commenting on retail trends and predictions this is where you can gauge sentiment on all sorts of retail focussed topics.
Following the news that clothing retailer H&M is closing 3,441 stores out of 5,062 worldwide and even laying off staff in a bid to cut costs, Andy Barr, retail expert and co-founder of online price tracking website www.alertr.co.uk said: “With
The rise of the convenience store has been the one bright spot in a fairly dismal retail outlook, just over six months ago new forecasts from IGD predicted that the UK convenience market is set to grow by £6.9bn in
Europe’s retailing sector is reeling from the shock of lockdowns across the region to limit the spread of the Covid-19 pandemic, but the impact on the sector’s credit outlook will be uneven, says Scope Ratings.
Ray Gaul, senior vice president of retail insights EMEA at Kantar, analyses the supermarket supply chain challenges in wake of Covid-19
Marten Mickos, CEO of HackerOne, offers five top tips on remote work best practices during COVID-19
In response to the Coronavirus crisis, Bis Henderson Group, the ‘talent-to-solutions’ supply chain services company, is ensuring the wellbeing of all its employees by taking the precautionary steps recommended by the government, including remote working for all its consultants and
The reason we are panic buying due to the imminent threat of COVID-19 is because the brain’s survival mode overrides any rational decision making, says Dr. Ali Fenwick, an expert in human behaviour at Nyenrode Business University
Huge increase in online sales across Italy offers hope for struggling retailers in the UK and Ireland, says Kooomo
Global financial markets continue to suffer from the impact of coronavirus, with economists predicting the slowest rate of global growth since 2009. However, the current lockdown taking place in Italy has actually instigated a significant boom in e-commerce sales.
Financial services company Jefferies has explored speculative hypotheses for how Covid-19 might affect our lives – and the knock on effect on which sectors and stock picks stand to gain. “Bullish for humanity”, it looks at the way we might
Passion and creativity in the clothing industry go hand in hand. To come up with good designs, you need to have a good sense of creativity. However, it doesn't matter how creative you can become. Without being passionate about the
Following the Chancellor's announced measures to mitigate the impact of COVID-19, please find below comment from CAMRA's national chairman, Nik Antona: "The Government's announced measures to mitigate the devasting impact of COVID-19 do not go far enough in ensuring no
Carphone Warehouse is the latest high-street retailer to find itself closing stores and axing jobs. The move comes as a surprise to some, and was inevitable to others, thanks to a hostile trading environment and a change in consumer buying
Spread of coronavirus is fast gaining momentum mainly in the media but also in the real world. At present, there is no specific guidance from public health England about the use of gyms but it very well may be worth
As social distancing measures ramp up, home shoppers should select a convenient drop off location such as a porch, garage or shed, make sure all delivery companies know about it and include it on all delivery instructions, urges ParcelHero. That
Dramatic increase in demand has proved fruitful for retailers, but stockpiling could lead to long-term losses
Will Broome, CEO of retail tech pioneer Ubamarket, discusses the impact of stockpiling and explores how tech solutions could safeguard retailers against future cases
As the coronavirus continues to spread across continents, new ramifications of the deadly outbreak are being revealed daily. How is this impacting e-commerce operations and what can retailers do in response to those challenges?
Government advice to avoid pubs, restaurants, hotels, theatres etc is catastrophic for business and jobs, says UKHospitality boss
Commenting on the Government’s latest advice that people should avoid pubs, restaurants, hotels, theatres and other hospitality and leisure businesses, UKHospitality CEO Kate Nicholls said: “This is catastrophic for businesses and jobs. The government has effectively shut the hospitality
Commenting on the latest CPI Basket of Goods and Services Annual Review from the ONS, Linda Ellett, UK head of consumer markets at KPMG, said:
KPMG: vital consumer businesses take advantage of tools the Chancellor’s Budget offers, including R&D allowances
Commenting on the announcements from the Chancellor’s Budget from a consumer markets perspective, Linda Ellett, KPMG’s UK Head of Consumer Markets, said: “Outside of COVID-19, much of the focus during this week’s Budget was understandably on business rates, while movement
Focus on smaller firms leaves retail chains pinning hopes on ‘fundamental’ review of business rates, says GlobalData
Following the UK Government’s budget announcement today (Wednesday 11 March); Patrick O’Brien, UK retail research director at GlobalData, a leading data and analytics company, offers his view: “A restructure of business rates to reduce the disproportionate burden on retail
Having an accident can be a devastating life event. It’s made even more painful if you realize you have to navigate the legal landscape. After all, you could get into a lawsuit in relation to the accident. The issue becomes
If the coronavirus, Covid-19, becomes an epidemic in the UK, the home delivery expert ParcelHero says e-commerce purchases are likely to increase to 40% of all retail sales at its peak. It is urging retailers to act now to ensure
As manufacturers and retailers run down their ‘pre-Brexit’ stockpiles, pressure on warehouse space in the UK may appear to be tempered for the moment – although there can be little doubt that there will be another ‘cliff-edge’ event at the
With the everyday consumer becoming more and more environmentally conscious, are fast fashion collections and seasonal lines becoming a thing of the past? Are more people turning to vintage stores and charity shops for their new buys?