Brexit
This coverage examines the impact of Brexit on the UK retail sector, with reporting on trade agreements, tariffs, supply chain disruptions, labour market changes, and regulatory adjustments. Insights are tailored to retail managers and executives assessing how post-Brexit developments shape operations, costs, and strategic planning within the industry.
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Apr- 2020 -30 AprilPeople Moves
BRC appoints Tony DeNunzio as new chairman
Tony DeNunzio CBE has been appointed as chairman elect of the British Retail Consortium (BRC). He will succeed Richard Pennycook whose tenure comes to an end on 20 May 2020. DeNunzio has over 25 years’ experience in the retail industry both in the UK and internationally. His experience covers the…
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30 AprilComment
Will coronavirus permanently change millennials and Gen Z retail habits?
Bushfires decimating Australia, the fraught finalising of Brexit, and a global virus pandemic – so far, 2020 has been a year of challenges. For the UK’s older teenagers, the already turbulent world around them has become even more uncertain. Any plans to begin higher education or full-time employment have been…
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27 AprilComment
How the supply chain might look after Covid-19
Strategy changes For many, we are likely to see a re-assessment in supply chain strategies. Reliance upon global supply chains will reduce, particularly on single sourcing of components, raw materials and finished products. Subsequently, this could also potentially lead to more positive encouragement of domestic production, manufacturing and farming where…
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21 AprilCoronavirus Featured Content
Customer contracts in a crisis
We lawyers have been asked a lot of questions about contracts in the past couple of weeks. At this point, I probably don’t need to tell you why. Most of the questions have been along similar lines – “can I get out of this contract?” and “how much will I…
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Mar- 2020 -18 MarchHigh Street
2,000 Mountain Warehouse jobs at risk as coronavirus impacts sales
Mountain Warehouse is considering cutting almost 2,000 jobs following a major slump in sales as a result of the coronavirus pandemic. According to the Guardian, the outdoor clothing and equipment retailer’s CEO and founder, Mark Neale, said the company was in a “battle for survival” after footfall at its stores…
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16 MarchHigh Street
Laura Ashley on the verge of collapse, reports reveal
Fashion retailer Laura Ashley could call in administrators by the end of March unless it receives a £15m funding lifeline from Hilco Capital, reports have revealed. According to Sky News, Hilco Capital is currently in “advanced” negotiations with the embattled retailer, but administrators could be put on standby in the…
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4 MarchComment
Mitigating the risk of coronavirus to UK supply chains
As manufacturers and retailers run down their ‘pre-Brexit’ stockpiles, pressure on warehouse space in the UK may appear to be tempered for the moment – although there can be little doubt that there will be another ‘cliff-edge’ event at the end of the year as the EU-UK trade talks approach Boris’ deadline.…
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Feb- 2020 -25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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20 FebruaryClothing & Shoes
Laura Ashley reports ‘disappointing’ £4m loss
Fashion retailer Laura Ashley has reported losses before tax of £4m for the half-year period ended 31 December 2019. The retailer attributed the “dissapointing” loss to lower sales in home furnishings and “Brexit uncertainty”, and said revenue disruption was also caused by changes with its Japanese franchise partner. The retailer…
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18 FebruaryEconomy
Consumer confidence reaches record-high in February
The IHS Markit Household Finance Index reached a record-high of 47.6 in February, up from 44.6 last month. IHS Markit, the global information provider which compiles the survey, said it is the highest index reading since the survey began 11 years ago. The firm added that while the figure is…
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