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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Dec- 2020 -18 DecemberLuxury Goods
Frasers Group will not make formal bid for Mulberry
Frasers Group has announced that it will not be making a formal bid for Mulberry after ongoing rumours of a potential acquisition. Mike Ashley’s retail group currently owns a 36.8% stake in the business and last month said it was considering a takeover of the brand. Last month, Frasers Group…
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10 DecemberAdvice
Three ways retailers can set up retail success and fight fraud this holiday season
This year’s holiday season is set to be the most important retail period in living memory. With UK retail spending during the 2019 peak season exceeding £75.8bn, the stakes this year couldn’t be higher. Not only do retailers need to adjust their strategies to recoup in-store losses due to COVID-19,…
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Nov- 2020 -24 NovemberClothing & Shoes
Abercrombie & Fitch to close seven flagship stores
Abercrombie and Fitch has announced it is planning to close its flagship stores in London and six further cities in a bid to restructure the business. The move forms part of its “ongoing global store network optimization initiative”, as well as its reported goal of repositioning from larger format, tourist-dependent…
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24 NovemberHigh Street
Pets at Home ‘optimistic’ as sales rise in H1
Pets at Home has announced that group revenue grew by 5.1% to £574.4m in the half-year ended 8 October 2020, noting that the underlying pet care market remains “in good health” despite the pandemic. While the group saw pre-tax profit fall by 5.1% to £39.6m in the period, down from…
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Oct- 2020 -11 OctoberSupermarkets
New Asda owners considering £3bn George sale
The Issa brothers, the new owners of ‘Big Four’ grocer Asda, are reportedly considering a £3bn sale of its clothing arm George. According to the Mail on Sunday, industry sources have told the paper that the sale of George is one of several strategies being considered by the new owners…
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2 OctoberSupermarkets
Asda sold at £6.8bn to billionaire Issa brothers
Walmart has confirmed the Issa brothers and TDR Capital have taken equal shareholdings in an acquisition of Asda which values the supermarket at £6.8bn. The two groups have now acquired a majority stake in Walmart’s wholly-owned UK business on a debt-free and cash-free basis, and the transaction is expected to…
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Sep- 2020 -24 SeptemberCoronavirus
Pets at Home welcomes ‘sustained’ momentum
Pets at Home has welcomed “sustained momentum” across both its retail and veterinary operations in its latest trading update. The group had previously reported that sales momentum was returning across all areas of the business in its first quarter results published 31 July. According to the group, this reflected a…
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15 SeptemberHigh Street
Creditors approve New Look CVA
New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured creditors in a vote that was held today (15 September). Following the vote, the retailer will have a three-year rent holiday across 68 of its sites, as well as rent…
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10 SeptemberAdvice
How the retail experience is evolving in a contactless world
The goalposts have moved for digital customer experience and retailers the world over need to excel online now or risk losing out. Covid-19 has triggered a colossal shift in consumer behaviour and shopping habits after millions of non-essential businesses were forced to close for months with little warning. In the…
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3 SeptemberEntertainment
Lego reports double-digit growth in H1
The Lego Group has reported that revenue rose by 7% to DKK 15.7bn (£1.87bn) in the six months ended June 30, 2020. In the same period, consumer sales grew by 14% against the year before, while operating profit was DKK 3.9bn (£466m), an increase of 11% against the first half…
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