Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
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Jan- 2024 -17 JanuaryAdvice
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 crises and economic downturns. Consumer behaviours and preferences have also evolved rapidly and diversification allows retailers to adapt to changing market trends and seize emerging opportunities. Additionally, many retailers also…
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17 JanuaryFeatures
Turning excess inventory into extra profit: the power of online auctions
Retail businesses have been fighting against tough economic conditions in recent years. From the continuing fallout of Covid-19 to the ongoing cost of living crisis, skyrocketing energy bills to increasing wage demands, bricks and mortar stores and e-commerce organisations alike have been feeling the impact of strained purse strings. As…
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15 JanuaryNews
Today’s news in brief-15/1/24
Shein, the fast-fashion brand, is reportedly facing delays in its plan to go public on the US stock exchange due to the need for approval from a Chinese regulator. The approval process is expected to be lengthy, and Shein is also expected to face stricter scrutiny from US regulators. The…
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15 JanuaryClothing & Shoes
Mango creates brand management division
Mango has announced the creation of a new brand management division in order to strengthen its executive leadership in all areas related to the company’s image, brand and customer experience. The new management division will be led by Blanca Muñiz, who will join the group as its new chief brand…
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11 JanuaryFeatures
Voluntary Carbon Market: an effective tool against retailers’ greenwashing claims?
Why is greenwashing a significant concern for retailers in the context of sustainability and climate change? Greenwashing is a particular concern for the retail sector as many companies are making great strides towards becoming more sustainable, but risk being disadvantaged if they have to compete against greenwashers. With global warming…
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9 JanuaryHigh Street
Cotswold Outdoor owner to boost in-store efficiency
O&CC, the owner of brands Cotswold Outdoor, Snow and Rock and Runners Need, plans to complete a full chain rollout of the cloud-based platform Pricer Plaza as a way to boost in-store efficiency and its customer experience. The rollout follows news that the clothing and activewear retailer deployed Electronic Shelf…
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8 JanuaryAdvice
Sonic Success: Understanding the importance of audio branding in retail
Building emotional connections – Sound has a remarkable ability to evoke emotions and trigger memories. A well-crafted audio brand can create a positive emotional connection with customers. For example, a soothing and familiar background music track can make shoppers feel relaxed and at ease, leading to a more enjoyable shopping…
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4 JanuaryAdvice
A retailer’s guide to building a socially responsible brand
Define your values and commitment The foundation of a socially responsible brand lies in the definition of core values and unwavering commitment to social and environmental causes. Start by identifying the causes that align with your business ethos and connect with your target audience. Examples include championing fair labour practices,…
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2 JanuaryAdvice
Exploring Customisation Opportunities with 3D Printing
The Rise of Customisation in Retail Consumers today crave personalized products and experiences. Be it personalized apparel, custom-designed home decor, or bespoke jewellery, the desire for unique, tailored items has become a driving force in retail. This shift in consumer preferences has given rise to customisation as a key competitive…
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Dec- 2023 -20 DecemberAdvice
Retail Merchandising Best Practices: A Comprehensive Guide
In the ever-evolving world of retail, successful merchandising is the linchpin of profitability and customer satisfaction. Effective retail merchandising goes beyond simply stocking shelves; it’s a strategic approach that involves product selection, presentation, pricing, and promotion. In this comprehensive guide, we’ll explore the best practices in retail merchandising to help…
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