Productivity
This coverage explores productivity in the UK retail industry, focusing on workforce effectiveness, operational efficiency, process innovation, and cost control. Reporting provides insight into how retailers optimise resources and performance to remain competitive — supporting executives, managers, and professionals driving improvement initiatives.
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Feb- 2019 -28 FebruaryHigh Street
Shop workers face highest risk of redundancy, report finds
Retail workers are more likely to be made redundant and face a longer duration of unemployment compared with employees in other sectors, a new report has found. The report – ‘Sorry, we’re closed’ – by the think tank the Resolution Foundation found the retail sector’s falling employment share is a…
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20 FebruaryAdvice
Shopping for software ahead of Making Tax Digital
The Making Tax Digital (MTD) initiative is designed to be a cost and time saving exercise both for the Exchequer and the small businesses that must comply. Almost three million businesses will be affected by MTD when it comes into effect in April 2019, and it offers a real opportunity…
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Nov- 2018 -13 NovemberAdvice
How to improve productivity in the workplace
Procrastination can come at a great cost for businesses. According to research, procrastinating professionals can cost a company up to 36 working days each year, with texting, shopping and browsing social media during work time being top distractions. So, what exactly can be done to help boost your workforce’s productivity…
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8 NovemberAdvice
Preparing retail for what’s to come right up to and beyond Brexit
Next, one of the biggest British retail names, recently reported ‘better-than-expected’ quarterly results but raised a red flag on Brexit-related risks to its business and the industry as a whole. With threat of online competition already causing uncertainties, ambiguity around Brexit has added to the challenges keeping retailers alert. This…
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Sep- 2018 -26 SeptemberComment
Retail success requires boosting operational efficiency
The world of retail is changing, driven by a significant shift in consumer demands. Just look at the likes of Amazon Go, a revolutionary retail space that delivers the kind of effective, frictionless experience that shoppers are now craving. From an insider perspective, these developments have led to increased…
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12 SeptemberComment
How can retailers utilise queuing psychology?
Retailers must do everything they can to ensure that for customers, their waiting time at the till is not perceived as a negative experience that mars their shopping trip. Harnessing effective queuing measures could be key to maximising customer retention. It’s well reported that competition among brick-and-mortar retailers is now…
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Aug- 2018 -28 AugustAdvice
How to win customer loyalty
Retail today is nothing like the shops we visited 30, 20 or even 10 years ago. Not only is much of the industry now online, but even physical stores are being completely revamped from what they once were. It’s no longer just about a purchase. Retailers are offering their clients…
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Jul- 2018 -4 JulyAdvice
Designing the perfect retail space
Retail unit secured, opening date pencilled in. It’s time to think about how you’re going to design and arrange your shop ahead of the big opening day – and it turns out there’s a lot to consider. The design of a retail space will form part of the wider retail…
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May- 2018 -3 MayHR
Paper-reliant retailers risk losing staff to tech-savvy competitors
Almost nine in 10 employees admit they would prefer to work for a retailer that has embraced digital technology, research by mobile data capture service WorkMobile has found. The survey found that 89% of workers believe it would be more beneficial working for a retailer that invests in digital technology…
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Apr- 2018 -26 AprilEconomy
Number of retail jobs falls in first quarter
The number of full time jobs in UK retail has fallen by 2.5% compared with the same time last year, data from the British Retail Consortium (BRC) shows. The number of hours worked was also down, with a 3.2% year-on-year decline. The trade body attributed this to the “structural change”…
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