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Nov- 2022 -18 November
Retail news: whats happening in the industry?
In this article, we’ll share some of the top retail news stories from the past month. From new launches to spending trends, we’ll cover the most important topics that retail businesses should be aware of. What are the latest trends in retail? How can brands keep up with the competition?…
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16 November
Consumers are feeling the pinch – but so are retailers. Can Black Friday even happen this year?
Black Friday traditionally marks the start of the festive shopping season, with big ticket promotions that seem to get bigger every year. Black Friday is now fast approaching, and many retailers are reassessing their strategies for this year’s event in light of the ongoing cost-of-living crisis. The cost-of-living crisis is…
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16 November
Retail faces multiple challenges – A key one is fixing the data layer
As the UK consumer battles rising inflation, interest rates, scary heating bills and even considering back-up generators to avoid potential power cuts, retailers have needed to consistently up their games to maintain customer loyalty. On the supply side, the latest uncertainties are an unwelcome addition to the disruption from…
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9 November
How retailers can win customers in a more challenging climate
As we enter this critical period of the year for retailers, they are faced with a series of new challenges dampening consumer confidence. The impact of inflation with consumers facing real term pay cuts, increased energy costs, surging mortgage bills and now the highest interest rate hike in more than…
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Oct- 2022 -18 October
Sephora’s return to the UK could spell competition for Boots
The French cosmetics retailer, Sephora, has recently returned to the United Kingdom with the launch of an online store, with plans to open a flagship store in London sometime during Spring 2023. Though the location of Sephora’s new flagship store and opening date have not been disclosed yet, for many…
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4 October
How can retail companies prepare for a more scrupulous festive season?
After two years of Covid-impacted festive periods, any hopes that the retail industry had for a return to normal in 2022 has been thwarted by the cost-of-living crisis. Springboard has recently forecast that footfall across all UK retail destinations will decline on a month to month basis by -4.9% in…
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Sep- 2022 -28 September
Will Patagonia spark an eco revolution?
Becoming net zero and sustainable are some of the top priorities for global companies today, with many promising to reduce their carbon footprint or offset it by planting trees. But there comes a point where promises and offsetting isn’t enough. And Patagonia has done exactly that. The Chouinard family, former…
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27 September
Could Selfridges succeed where others have failed?
UK high streets have been on the decline for many years now, having lost 83% of all department stores nationwide in the past five years alone. Unsurprisingly, the departure of these businesses has left gaps in trade within high streets. It was reported that 50 shops a day closed their…
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26 September
Made.com for sale: what went wrong?
Made.com has officially put itself up for sale amid fears the business will be unable to raise fresh equity due to plummeting consumer confidence in the UK and supply chain disruptions. The online furniture retailer revealed plans to implement additional cost reductions, such a strategic headcount review, which is set…
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21 September
Do Royal Warrants still hold value for retailers?
British monarchs have been issuing Royal Warrants since the 15th Century. These warrants were issued over the centuries to craftspeople who supplied the Crown with everything from jewellery to tea. By the 1700s, warrant holders began displaying the royal arms on their businesses in an early example of consumer-facing marketing.…
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