Omnichannel
This coverage explores the evolution and execution of omnichannel strategies within the UK retail industry. Reporting highlights technology integration, customer experience innovations, store–online alignment, supply chain adjustments, and leadership decisions driving seamless retail operations. Designed for executives and managers, it provides analysis to support strategic planning and operational excellence across digital and physical retail channels.
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Aug- 2023 -17 AugustPeople Moves
Walmart International boss to step down
Walmart has announced its International president and CEO Judith McKenna is to step down from her role in order to retire after 27 years with the company. Walmart confirmed that Kath McLay will become the president and CEO of Walmart International and Chris Nicholas will become the president and CEO…
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9 AugustClothing & Shoes
JD Sports to become sole owner of MIG
JD Sports has announced that it has acquired the remaining 40% minority stake of Marketing Investment Group S.A. (MIG) from its minority shareholders. The news comes after JD acquired a 60% stake in Poland-based MIG in April 2021, and since then has established the JD fascia in five countries across…
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Jul- 2023 -18 JulyNews
Hollister and Gilly Hicks open at Liverpool ONE
Hollister Co, the global teen retailer division of Abercrombie & Fitch, has recently opened at Liverpool ONE featuring an updated store design concept. The store opening sits alongside sister brand Gilly Hicks, giving the brand an expanded footprint and first dedicated storefront at Liverpool ONE. Located on South John Street,…
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11 JulyClothing & Shoes
Sosandar welcomes first full year of profitability
Sosandar has welcomed its first full year of profitability in FY23, in what was a “milestone year” for the group, as profits swung to £1.6m, up from a loss of £0.6m the prior year. Despite challenging macroeconomic conditions over the period, revenues also increased, with sales rising 44% to £42.5m,…
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11 JulyProperty
British Land praises ‘winning’ retail park format ahead of AGM
British Land chief executive, Simon Carter, has said that retail parks “continue to be a winning retail format” due to their affordability, omnichannel compatibility and low capex requirements ahead of the group’s AGM. This comes as the retail park format continues to perform strongly for British Land, with occupancy reaching…
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5 JulyNews
Quiz revenues rise by 17% in FY23
Quiz, the omnichannel fashion brand, has reported a 17% revenue increase to £91.7m for the year ended in March 2023. Higher levels of full price sales resulted in gross margin increasing to 61.6%, which was above the level reached before the pandemic. There was also continued growth in international revenues…
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4 JulyNews
Bensons for Beds maintains sales momentum in Q3
Nationwide bed and mattress retailer Bensons for Beds has announced the continuation of its FY23 sales momentum in the third quarter, posting an 8% like-for-like sales increase for the three months to the end of June. This consistent like-for-like sales growth maintains the 8% growth posted for the first half…
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Jun- 2023 -20 JuneAdvice
Mastering Omnichannel Retail: Strategies for Success
In today’s retail landscape, consumer expectations are higher than ever. This is where omnichannel retail shines—providing a consistent, integrated shopping experience, no matter the channel or device. Mastering omnichannel retail is not an easy task. It requires a robust understanding of your customers’ journey, efficient technology integrations, a strong focus…
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19 JuneHigh Street
Wilko landlords could face no rent for three years under CVA
Some landlords of Wilko stores could reportedly receive no rent for three years, as the chain looks to make drastic cost cuts ahead of a restructuring vote. According to the Sunday Times, it comes as Wilko is looking to slash its rent bill as part of its CVA which is…
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19 JuneClothing & Shoes
Fanatics acquires Fexpro to expand business in Latin America
Fanatics, a global digital sports platform and provider of licensed sports merchandise, has completed its acquisition of Fexpro, a leading wholesaler of licensed sports and branded apparel serving Latin America. Headquartered in Panama with a presence across Latin America, Fexpro is a preferred licensee for several major US sports leagues…
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