Popular now
Christine Cross to step down from ASOS board

Christine Cross to step down from ASOS board

Small retailers to be exempt from deposit return scheme rules

Small retailers to be exempt from deposit return scheme rules

Primark appoints Lucy Slinger as new chief financial officer

Primark appoints Lucy Slinger as new chief financial officer

Harrods to close amid coronavirus chaos

Harrods to close amid coronavirus chaos

On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

World-famous department store Harrods is to close its doors this evening (23 March) due to the coronavirus pandemic.

It said the welfare of its community of colleagues, customers and partners has been its “absolute priority throughout this time of uncertainty”. As a result, it has made the “very difficult decision” to close its doors today.

However, Harrods said it hopes that customers will continue to visit its website, while its social channels will continue to keep the department store “close to its global community”.

In addition to this, Harrods said it will keep its food halls and pharmacy open to the public, and added it will continue to provide these “essential” services and products until it is “forced to close”.

A statement read: “Harrods has gone through many challenges during its 170-year history. We continued to trade and serve our customers during World War II, and only closed for a short period of time after the car bomb attack of the 1980s.

“Harrods is a symbol of resilience in a changing and often uncertain world, and I know that our values will ensure that we as a business come through this next chapter. We wish all of our customers, partners and friends well and look forward to seeing you again very soon.”

Previous Post
How to perfect a business continuity plan for remote working

How to perfect a business continuity plan for remote working

Next Post
Covid-19: Government to pay 80% of salary to staff unable to work

Covid-19: Government to pay 80% of salary to staff unable to work