Pandemic
This coverage examines the impact of pandemics on the UK retail industry, focusing on operational disruption, financial challenges, consumer behaviour shifts, and recovery strategies. Reporting highlights store closures, safety measures, supply chain pressures, leadership decisions, and lessons learned to enhance resilience. Tailored for executives and managers, it provides insights to navigate crisis situations and strengthen preparedness.
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Nov- 2020 -12 NovemberComment
How businesses can optimise their Google Shopping in 2020
Google Shopping has always been a core part of most retailers’ PPC marketing strategy but with the pandemic and closing of stores, many say the adoption of eCommerce has jumped forwards by about 10 years. With more and more retailers turning to Google Shopping to increase their online traffic and…
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12 NovemberEconomy
UK GDP recovers 15.5% in Q3
The UK economy showed signs of recovery in Q3 as GDP grew a record 15.5% from July to September. The latest figures from the Office of National Statistics ( ONS) come after the UK suffered its largest ever decrease in GDP of 20.4% in Q2. This means that despite the…
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12 NovemberClothing & Shoes
LK Bennett set to launch CVA
LK Bennett has launched a CVA proposal, which will result in five store closures and a small number of job losses. The womenswear retailer will also move its remaining shops to turnover-based rents in order to “mitigate the ongoing financial impact of the Covid-19 pandemic”, Drapers reported. Currently, the business…
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11 NovemberDIY
Homebase hunts for new owners to fund next growth stage
DIY retailer Homebase has reportedly started a search for a new owner as it looks for funding for its next stage of growth. According to Retail Week, Homebase chief executive Damian McGloughlin said the company is hopeful of a deal being completed by April of next year. McGloughlin reportedly added…
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11 NovemberNews
Amazon accused of breaching EU antitrust laws
Amazon has been informed by the European Commission of its preliminary view that it has breached EU antitrust rules by distorting competition in online retail markets. The US online retailer was accused of “systematically relying” on non-public business data of independent sellers who sell on its marketplace which benefits Amazon’s…
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11 NovemberSupermarkets
Supermarkets launch drive to extend Sunday trading hours
Leaders of the UK’s biggest supermarkets have come together in a fresh drive to extend Sunday trading hours in the lead up to Christmas, according to Sky News. It comes as executives from major grocers, including J Sainsbury and Wm Morrison, are warning ministers that a pre-Christmas shopping rush could…
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11 NovemberAdvice
AI is the key to closing the expectations-reality gap in home delivery
Online spending was forecast to overtake high street sales this Christmas, even before the announcement of a second lockdown. But the pandemic hasn’t transformed the way we shop, it has merely accelerated the rise of e-commerce. That’s because, when executed properly, it’s a very satisfying way to shop for a…
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10 NovemberComment
The retail supply chain trends unlocked in lockdown
Following conversations and first-hand experiences working with high street and ecommerce retailers, we commissioned research of 200 senior retail professionals to further determine how COVID-19 disruption has impacted stock management and retail supply chains. The research revealed that coronavirus has resulted in four out of five (82%) retailers changing their…
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10 NovemberShopping Centres
Landsec posts £835m loss
Real estate firm Landsec, which owns the Bluewater shopping centre and a number of other retail destinations, has reported a loss before tax of £835m for the six month period ending 30 September. It comes after the firm said the impact on its results from unpaid rent and service charges…
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10 NovemberLuxury Goods
Former Godiva CEO acquires Artisan du Chocolat
Artisan du Chocolat has announced the sale of a majority stake to Mohamed Elsarky, the former president and CEO of Godiva. Elsarky was responsible for the expansion of Godiva as a “luxury prestige retailer” of Belgian chocolates, and seeks to do the same for Artisan du Chocolat’s brand. He will…
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