Omnichannel

Today’s news in brief

Redwheel, the leading shareholder of Currys, has voiced concerns over the undervaluation of UK stock markets compared to their true…

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Strong Walmart sales boosted by omnichannel model in Q4

Walmart has reported strong fourth quarter results, as revenues grew by 5.7% to $173.4bn (£137bn) over the holiday quarter.  Its…

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Top retail tech trends in 2024

As 2024 unfolds, the retail industry is facing a spectrum of formidable challenges: a myriad of technologies, the complexities of…

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Matalan appoints new CFO

Matalan has announced the appointment of Dave Williams to the initial role of chief financial officer designate, which will graduate…

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Angel Central sales jump 16% in 2023

Islington destination Angel Central finished 2023 on a high, reporting a sales increase of 16% compared with 2022.  The destination…

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A retailer’s guide to navigating economic downturns

1. Analyse and adjust inventory Start by analysing your inventory. Identify slow-moving or non-essential products and consider reducing their quantities.…

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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,…

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Diversifying revenue streams: A strategic imperative for retailers

The COVID-19 pandemic highlighted the vulnerability of businesses that depended solely on physical retail. Diversification provides a safety net during…

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Brits spend record £4.8bn on groceries during Christmas

Sales at the UK supermarkets reached a record breaking £4.8bn during the week ending 23rd December 2023, according to the…

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Ann Summers secures £8m funding to bolster growth

British retailer Ann Summers has secured £8m in asset-based funding from Secure Trust Bank Commercial Finance, Retail Week has revealed.…

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