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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Oct- 2022 -18 OctoberFeatures
Beyond retail: 4 ways to unlock direct-to-consumer relationships
CPG and FMCG brands — that is, Consumer Packed Goods and Fast Moving Consumer Goods, respectively — are fortunate to have huge amounts of data at their disposal. However, sorting through what’s relevant and compliant and then unifying it into a single source of truth can be a mammoth task.…
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18 OctoberAnalysis
Sephora’s return to the UK could spell competition for Boots
The French cosmetics retailer, Sephora, has recently returned to the United Kingdom with the launch of an online store, with plans to open a flagship store in London sometime during Spring 2023. Though the location of Sephora’s new flagship store and opening date have not been disclosed yet, for many…
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18 OctoberCoronavirus
Greggs wins initial ruling in £150m Covid insurance case
Greggs has reportedly won a landmark ruling in the high court that supports its case to claim more than £150m on an insurance policy that was triggered by the Covid-19 pandemic. According to The Times, a High Court judge has backed the majority of Greggs’ claims of business interruptions caused…
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17 OctoberHigh Street
Footfall increases marginally as city centre workers return to office
Footfall across UK retail destinations rose marginally by +0.8% last week from the week before as performance was boosted by the return of office workers in city centres, according to the latest data from Springboard. The rise in footfall of +1.6% in high streets from the week before was predominantly…
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14 OctoberHealth & Beauty
Boots sales surpass pre-pandemic levels in FY22
Boots has seen retail sales exceed pre-pandemic levels as it delivered strong growth for Q4 and the full year ending 31 August 2022. The group said its performance “significantly” contributed to a 65% increase in full year adjusted operating income for WBA International. Its sales results in the period were…
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11 OctoberEconomy
Unemployment at lowest level in 50 years as pay levels fall
The UK unemployment rate dropped to 75.5% for June to August 2022, down 0.3 percentage points from the previous quarter (March to May 2022), and this marks the lowest level of unemployment rates since December to February 1974. According to the Office for National Statistics (ONS), rising inflation has caused…
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10 OctoberClothing & Shoes
Quiz revenues rocket 37% as demand soars
Quiz revenues have soared by 37.2% in the last six months, hitting £49.4m in results that were ahead of its previous expectations. Between 1 April and 30 September, revenues were £13.4m higher than the prior year, reportedly reflecting the brand’s appeal and reputation for dressy and occasion wear, with demand…
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6 OctoberHigh Street
Footfall slows to +6.8% in September
UK footfall slowed for the third consecutive month and now sits just 6.8% compared with the same period in 202, as the rising cost of living cuts consumer visits according to the latest data from Springboard. Springboard revealed that superficially September’s results suggest that footfall has largely been unaffected by…
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5 OctoberNews
Home brewing beer brand Pinter tops list of the UK’s fastest growing online companies
Home brewing beer brand Pinter has topped a new list of the UK’s fastest growing online companies. Pinter, based in Walthamstow, London, has grown sales by more than sixfold (626%) to almost £6 million as beer lovers save money in the cost of living crisis by serving perfect pints they…
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5 OctoberSupermarkets
Tesco raises pay despite profit hit
Tesco has seen its profits tumble in the first half of the year, with profit before tax plummeting by 64% to £413m, as the group contends with “significant” cost inflation and changing consumer habits. Nonetheless, revenues rose by 6.7% to £32.5bn in the period, while the group announced it would…
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