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.
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Jan- 2024 -29 JanuaryNews
Today’s news in brief-29/1/24
The UK experienced a significant increase in business administrations, with the retail sector being the hardest hit, accounting for 19% of the total administrations. This information comes from a study conducted by full-service law firm Shakespeare Martineau. The year saw a total of 1,641 businesses filing for administration, a 22%…
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29 JanuaryHealth & Beauty
THG to cut 160 jobs across three departments
THG has plans to cut 160 jobs across its marketing, sales and warehouse departments, The Times has reported. It is understood that roughly 60 marketing and sales roles are due to be dismissed at the retailer’s online and tech business. In addition, the group plans to cut the remaining 100…
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19 JanuaryAdvice
The ultimate guide to retail digital transformation
The retail sector faces a host of challenges in the digital age, including: Changing consumer expectations: Consumers now expect seamless, personalised, and omnichannel shopping experiences. Competition: E-commerce giants and digitally-native brands have disrupted traditional retail. Data overload: Retailers must harness vast amounts of data for insights and decision-making. Operational efficiency:…
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9 JanuaryHigh Street
Cotswold Outdoor owner to boost in-store efficiency
O&CC, the owner of brands Cotswold Outdoor, Snow and Rock and Runners Need, plans to complete a full chain rollout of the cloud-based platform Pricer Plaza as a way to boost in-store efficiency and its customer experience. The rollout follows news that the clothing and activewear retailer deployed Electronic Shelf…
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Dec- 2023 -7 DecemberNews
Today’s news in brief-7/12/23
Kelso, an activist shareholder in THG, has intensified its campaign for THG to clarify its plans to separate its three business divisions. Kelso believes that splitting the divisions (beauty, nutrition, and ecommerce services) would bridge the gap between THG’s share price and its true value. The shareholder has written to…
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7 DecemberClothing & Shoes
Frasers H1 profits rise 25.7% to £364.7m
Frasers Group has revealed that retail profits from trading increased by 25.7% to £364.7m in the half-year period ended 29 October, driven by the “strong” performance from Sports Direct. During the period, Frasers also revealed that profit before tax increased by 8% to £310.2m, while profit after tax rose by…
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Nov- 2023 -22 NovemberAdvice
How to integrate AI into your customer experience
Understanding AI in retail Start by gaining a clear understanding of AI and its diverse applications in the retail sector, from chat bots to recommendation engines. Define your customer experience goals Identify the specific aspects of the customer experience you want to enhance through AI, such as personalisation, support, or…
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13 NovemberNews
Two-thirds of retailers warn peak trading will be hit ahead of Christmas
Two-thirds of retailers say the ‘double whammy’ of spiralling interest rates and inflation will hit peak trading in the run-up to Christmas, according to a new Inventory Planner survey. More than four out of ten sellers (41%) are planning to buy less stock for festive shoppers because of the impact of 14…
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10 NovemberFeatures
Riskified: ‘There’s a sliding scale of policy abuse’
Can you tell us a little bit about your role at Riskified? I’ve been working with large enterprises for the last 15 years, focusing on the adoption of growth solutions. I joined Riskified two years ago during an interesting time when policy abuse had really started to scale and become…
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2 NovemberClothing & Shoes
Asos to mothball Lichfield warehouse amid falling profits
Asos is planning to mothball its second UK fulfilment centre in Lichfield next year, as part of efforts to cut costs after the group revealed losses widened in its latest full-year results. In its latest financial results, Asos said that mothballing the site will provide an annual cost saving of…
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