Automation
This coverage examines the role of automation in the UK retail sector, focusing on technology adoption, workforce impact, operational efficiency, and supply chain innovation. Reporting highlights how retailers implement automation to improve productivity, reduce costs, and respond to consumer expectations — offering insight for executives, managers, and professionals driving transformation in retail operations.
-
Sep- 2024 -17 SeptemberNews
Today’s news in brief-17/9/24
THG (The Hut Group) has announced plans to potentially demerge its technology arm, THG Ingenuity. This move follows the group’s interim results for the half-year ending June 30, 2024, which showed a 1.6% rise in adjusted EBITDA despite a 3.6% decline in year-on-year sales. THG Ingenuity saw a notable 12.6%…
Read More » -
17 SeptemberHigh Street
Søstrene Grene hails ‘most successful financial year on record’
Søstrene Grene said it is celebrating its “most successful financial year on record” as its profit-before-tax increased 15% to £24m, during the year ending 30 April 2024. The news comes as Søstrene Grene reported a 22% increase in turnover, from £203m to £247m, alongside gross profits improving from £76m to…
Read More » -
10 SeptemberPeople Moves
Avalara names Kevin Sellers as CMO
Avalara, a provider of tax compliance automation software for businesses of all sizes, has announced Kevin Sellers has been named executive VP, chief marketing officer. Sellers brings more than 25 years of broad-based global marketing expertise to the role with Avalara adding he has a “proven track record of driving…
Read More » -
Aug- 2024 -8 AugustOnline & Digital
Asos secures three-year Microsoft deal to expand AI use
Online fashion retailer Asos has signed a new three-year agreement with Microsoft in a bid to enhance its operations, efficiency and “data-driven” decision making. The news comes as Asos has already taken advantage of AI features integrated into Microsoft solutions, including process automation through Power Automate, Teams Premium, and Microsoft…
Read More » -
5 AugustFeatures
All aboard for retail’s automation revolution
The retail sector stands at the cusp of a transformation. In an era where economic uncertainty reigns, consumer demand remains unpredictable, yet the expectation for personalized service is unwavering and intensifying.Retailers are grappling with stubborn inflation, supply chain disruptions, and escalating costs, all of which are eroding already thin margins.…
Read More » -
Jul- 2024 -26 JulyHealth & Beauty
THG to axe 171 roles as staff ordered to return to office full-time
THG is reportedly set to axe 171 jobs across the business whilst “insisting” that staff return to the office five days a week, The Financial Times has reported. The company is said to have told employees this week that it expected to make a total of 171 redundancies across six divisions,…
Read More » -
23 JulyFeatures
Case study: TBCo wraps up streamlined operations with Brightpearl
Key facts Fast-growing homeware and fashion brand and certified B-Corp, founded in 2014, operating across a Shopify webstore, physical store and wholesale Live on Brightpearl in just three months, in time for Black Friday peak 82 workflows automated – saving time, boosting efficiency and allowing teams to focus on growth-critical…
Read More » -
18 JulyDepartment Stores
Frasers Group hits top end of FY24 guidance
Frasers Group has reported that its adjusted profits-before-tax rose 13.1% to £544.8m for the year ended 28 April, hitting the top-end of its previous guidance range. This comes despite retail revenues falling by more than £100m to £5.3bn, with overall revenues declining by 0.9% to £5.5bn. However, the group managed…
Read More » -
12 JulyNews
Retailers spend 300 hours a year fighting work admin, study finds
The average retail business is spending nearly 300 hours each year consumed with admin in their day-to-day jobs, according to new research. The study, from Brightpearl by Sage, who polled over 1,000 businesses, found that on average, retailers are spending an average of 5.7 hours weekly, 24 hours and 38.6…
Read More » -
Jun- 2024 -18 JuneNews
Today’s news in brief-18/6/24
Supermarket sales in the UK saw a modest increase of just 1.0% for the four weeks to June 9, 2024, marking the slowest growth since June 2022. This sluggish performance is attributed to poor weather and falling inflation, with average shopper visits dropping slightly from 16.4 to 16.3 times compared…
Read More »
