Many businesses will need to consider demolishing their old business models to create new ones due to the Covid-19 pandemic, according to Tazeeb Rajwani, Professor of International Business and Strategy at Surrey Business School. Professor Rauwani said: "The pandemic has
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.
The sun is shining and the retail buyers have worked all year to get the right stock into the warehouses predicting consumer demand down to the exact date consumers begin to turn their thoughts to a particular product. For the
As education training comes under threat, many providers are having to change the way they work to adapt to the current challenges posed by the COVID-19 pandemic and to ensure that employers and their employees can carry on.
Global fashion players operating stores in Europe’s shopping centres and high streets will be demanding, even enforcing in some countries such as Spain, rent holidays over the next few months as COVID-19 continues to take a greater hold, says GlobalData,
The UK still faces many weeks of hardship before it can say the coronavirus crisis is over, but the UK courier expert ParcelHero says that it has seen ‘green shoots’ that online retailers are returning to business. It believes there
Retailers across the world have adapted their delivery and returns propositions to ensure customer and staff safety during the COVID-19 crisis, and these changes will transform consumer expectations of online delivery and returns, says GlobalData, a leading data and analytics
As the impact of the Coronavirus crisis grows every day, the way in which Britain's shoppers are buying their produce has shifted dramatically. The social distancing policies introduced amidst the countrywide lockdown have led to extensive queues at every supermarket
By Daniil Fedorov, chief financial officer of Ozon, Russia’s leading multi-product e-commerce platform, founded in 1998
Bernard Foot, strategy analyst at payment HSM as a aervice provider MYHSM, wonders whether COVID-19 will have a permanent impact on the usage of cash
The scale of change retail has undergone in the past decade is without precedent. Technology advancements in cloud, mobile, social networking, IoT and AI have transformed consumer behaviour and indeed, the whole industry. Better connected and informed than ever, new
As we adjust to life in lockdown due to the worldwide coronavirus pandemic, people are finding more time and motivation than ever before to clear out their cupboards and get creative with their findings. And, with restrictions on shopping habits
Following the news from the British Chambers of Commerce (BCC) that six in ten UK firms have no more than three months of cash left; Luke Gowland, thematic analyst atGlobalData, a leading data and analytics company, offers his view:
CGF board of directors and WHO COVID-19 Special Envoy emphasise need for global co-ordination in securing consumer product supply chains
The Consumer Goods Forum (CGF) board of directors today issued a statement emphasising the need for global coordination in securing food, beverage, hygiene and personal care product supply chains. The full statement is below: Food, beverage, hygiene and personal care
The British Safety Council has today backed a joint statement from the Health and Safety Executive (HSE), the CBI and the TUC calling for employers to ensure safe working conditions during the coronavirus outbreak.
As the Covid-19 pandemic continues to wreak havoc on the global economy, the pressure on UK businesses to cut costs intensifies. Yet as organisations take tough decisions to protect their future, it is important to keeps an eye on the
The current Covid-19 crisis is certainly accelerating the expansion of our retail eco system into areas which provide the convenience and security that shoppers are demanding.
Commenting on the latest consumer datasets (GfK’s consumer confidence figures and Kantar’s grocery market share data) and what these say about how consumers and consumer businesses are coping with COVID-19, Linda Ellett, UK head of consumer markets at KPMG, said:
As the impact of the coronavirus crisis grows every day, the retail world has had to evolve in countless ways, as how we shop and connect with each other has shifted dramatically. The pandemic has changed the way that all
With the coronavirus (COVID-19) pandemic putting a stop to all non-essential travel, technology is now taking a front seat in communication between clothing brands and their suppliers, writes GlobalData.
As the country gets used to being in lockdown and more people than ever before are discovering how to work from home, attention is shifting to how we maintain the health and wellbeing of our army of new homeworkers. Jonathan
Covid-19 is wreaking havoc around the world. Forcing many countries, including the UK, into lockdown, life is very different now to how it was a month ago.
Richard Harris, chief legal officer at global recruitment consultancy (31 countries) Robert Walters, said: "The Chancellor's announcement offers a package of support for vast swaths of the self-employed and freelancer community.
The outbreak of the novel COVID-19 changed the pace of normal life for millions of people around the world. The dental sector did not remain untouched as well. With practices shutting down or limiting to emergency cases only, many dental
You may remember a time not too long ago when going into your local town or city for some recreational spending would take the best part of a day. Relying on public transport, finding the item you want, the perpetually
Ubamarket: contactless payments threshold increased to £45, but how about skipping the tills altogether?
Retail technology Ubamarket offers Scan, Pay, Go! technology which enables customers to pay in app and bypass the checkout. Will Broome, CEO of Ubamarket, discusses the importance of convenience and hygiene amidst Coronavirus fears and discusses role of tech in