Comment
-
Jun- 2020 -16 June
HMRC – our helpful friend in difficult times?
It is true to say HMRC are showing a fair amount of understanding in these difficult times. They have been asked to put together mechanisms to allow furlough payments and business grants to be claimed. However, it is not surprising that given the time frames the system has not been…
Read More » -
11 June
Beat the business lockdown blues with these four quick brand creation steps
The ‘New Normal’ that everyone is talking about doesn’t look like it’s going to be up and running for a while yet. Sure, some non-essential shops are opening, but a lot of businesses should be prepared for reduced customer activity and tightened purse-strings. These four straightforward tips can help you…
Read More » -
11 June
How smart retailers are pivoting to meet the demands of consumers today
‘Hoarding’ may be the term most associated with Covid-19 consumerism, but beyond toilet paper and soap, consumer buying behavior has shifted significantly in recent months – and brands are responding. Aside from increasing inventory for what are deemed “essential” items today to meet skyrocketing demand, brands are leaning into digital…
Read More » -
11 June
Retail experience will never be the same
While COVID-19 has had a devastating impact on the UK’s retail sector, it should not come as a surprise to see the high street in peril. Even prior to the outbreak, retailers had endured a torrid twelve months – a poor Christmas period had led into a traditionally weaker opening…
Read More » -
8 June
Retaining the value of stock in a circular economy
The equivalent to 350,000 tonnes of clothing, worth around £140 million, ends up in UK landfill each year, according to Clothes Aid. More consumers and retailers have come to realise the significant impact of unsustainable business on the environment, creating a momentous change and a huge growth in the circular…
Read More » -
May- 2020 -28 May
The time for retail to be re-imagined
2020 has seen retailers experience some of their most challenging times, an unprecedented fall or rise in demand during a global pandemic never before seen on this scale. As retailers grappled with their immediate response to Covid-19, it’s undoubtedly a once in a generation test of business continuity. As retailers…
Read More » -
27 May
Collaborating with landlords in a post-lockdown world
Earlier this month the government published its roadmap to ending the lockdown. It’s clear from the document that retail’s exit from lockdown will be slow and taken in phases. Even when retailers are allowed to reopen bricks and mortar stores, they will have to contend with a dip in economic…
Read More » -
21 May
Dealing with true demand today to help customers for the coming months
With the COVID-19 novel coronavirus on the rise worldwide, retailers are being forced to rethink their supply strategies on the fly. Demand for sundries and medical essentials is booming – especially via “buy online, pick up in store” (BOPIS) as well as curbside and home delivery channels that aid with…
Read More » -
19 May
Secondary market represents the key to survival during a crisis
As the Coronavirus outbreak lead to the forced closure of non-essential businesses across the nation, apparel retailers seem to have stopped in time. Relying on online-only purchasing and the movement of essential goods, retailers have witnessed a standstill of stock waiting for the pandemic to pass, are set to be…
Read More » -
19 May
N Brown secures new funding as sales drop 25% since lockdown
Jacamo, JD Williams and Simply Be owner N Brown has revealed it has secured a new £50m funding facility as it looks to weather the impact of the coronavirus pandemic which saw its sales fall by 25% over the last six weeks. In a trading update the company said it…
Read More »
