Advice
Advice offers practical guidance and expert insight for retail professionals navigating today’s competitive UK market. This section features commentary and analysis from industry specialists on business growth, workforce management, customer engagement, technology adoption, and operational efficiency. Retail Sector’s Advice coverage helps retailers, brand managers, and suppliers translate market trends and policy changes into actionable strategies that strengthen performance and resilience across every level of retail operations.
-
Jun- 2024 -14 June
Squeezed retailers are losing margin to wasteful online expenditure – and they don’t even know it
In recent years, retailers have faced a relentless squeeze on their margins. The impact of inflation has driven up the costs of goods, rent on stores and warehouses, and energy bills. Furthermore, supply chain disruptions caused by ongoing global conflicts, and a cost-of-living crisis, have further tightened budgets. These challenges…
Read More » -
7 June
The power of personalisation in grocery retail
Over the last four years consumer behaviour has undergone a profound transformation, none more apparent than in the realm of grocery shopping. While some have returned to the aisles of brick-and-mortar stores, a significant portion continue to embrace the convenience of digital shopping for their weekly essentials. The shift towards…
Read More » -
7 June
Here’s why AI can boost your customer experience
Artificial intelligence is revolutionising industries across the board, and retail is no exception. Historically associated with sectors like healthcare, finance, and digital marketing, AI is now making significant inroads into both physical and ecommerce retail spaces. Hitachi Solutions has estimated that $40bn (£31.4bn) in additional revenues was driven by AI…
Read More » -
May- 2024 -29 May
Beyond the Basics: Nine Non-Obvious Criteria for Choosing the Right LMS for Retail Industry Training
Today the culture of continuous learning, skill development and professional improvement has been adopted by the vast majority of successful businesses. This is particularly true within the retail domain, where the market is highly competitive, and having more qualified personnel becomes a marketable advantage. According to our recent research, a…
Read More » -
29 May
The Role of Retail Investors in the Stock Market
Opportunities abound in the stock market, and being a retail investor is one way to benefit. Retail investors have been dubbed an integral part of the financial market, and this guide examines their role. Who Is a Retail Investor? A retail investor is an individual who trades financial assets with…
Read More » -
17 May
Here’s what you’re missing if you forgo a loyalty programme
Businesses have been known to implement loyalty programmes – or customer rewards, as some might call them – since at least the mid-80s. While it’s mostly associated with retail, it can be used by anyone who exchanges goods or services, from coffee shops to hairdressers. Some detractors might like to…
Read More » -
Apr- 2024 -22 April
Evolving brand and retailer partnerships in a mobile-first world
In today’s digitally-driven retail landscape where consumer expectations and behaviours constantly evolve, the onus is on brands to keep pace with marketplace shifts. So, when a major brand reassesses its way of doing business, it’s worth taking note. Adidas, the global sportswear brand, has recently done just that, sharing with…
Read More » -
12 April
Strategies for training and developing shop floor staff
Effective training and development programmes for shop floor employees are essential for ensuring consistent service quality, as they foster employee engagement, and ultimately boost business success. Here are some key strategies to consider when it comes to training and developing your shop floor staff: Comprehensive onboarding The foundation of a…
Read More » -
8 April
Navigating the Gen Z Shift in Retail
The retail sector has been hit by a shortage of talent and declining employee motivation over the last few years, but change is coming. By the year 2025, Gen Z will account for 27% of all employees and with that comes a different outlook. This generational shift presents both a…
Read More » -
Mar- 2024 -18 March
What your business needs to know about Google Consent Mode V2
The European Digital Markets Act (DMA) came into force this week, marking an unprecedented milestone in the journey towards greater user privacy and protection. It places platforms such as Google in the role of ‘gatekeepers’, making them responsible for collecting EU users’ consent for online cookie tracking. It also places…
Read More »
