Technology
This coverage explores how technology shapes the UK retail sector, focusing on digital transformation, e-commerce platforms, in-store innovations, data analytics, and supply chain systems. Reporting highlights how retailers leverage technology to improve efficiency, enhance customer experience, and stay competitive — offering insight for executives, managers, and professionals driving retail innovation and operations.
-
Aug- 2023 -16 AugustFeatures
Is sustainability the new black?
Recently, a German supermarket raised the prices of a selection of its products to reflect their real cost on people’s health and the environment. The awareness-raising campaign week was organised in collaboration with academics from the University of Greifswald and the Nuremberg Institute of Technology. It was inspired by consumer…
Read More » -
Jul- 2023 -18 JulyOnline & Digital
Ocado restates FY23 guidance despite increased losses
Ocado has restated that it has full confidence in its FY23 guidance despite posting losses of £289.5m for the half year ended 28 May 2023. The main reasons for these losses are put down to £192.5m worth of depreciation of assets and amortisation plus £77.2m worth of exceptional items. These…
Read More » -
13 JulyOnline & Digital
MusicMagpie sees EBITDA rise 7.7% in H1
MusicMagpie has reported adjusted EBITDA of £2.8m, up 7.7% in H1 2023 compared with £2.6m in H1 2022, according to its interim results for the six months ended 31 May 2023. It also stated that following a challenging start to H1, with postal strikes and low consumer confidence impacting December…
Read More » -
Jun- 2023 -30 JuneFeatures
How is AI shaping the retail sector?
Can you tell me about yourself and your experience in the retail industry? I am a partner with BearingPoint, a leading Management and Technology Consultancy, and I have responsibility for the Consumer Goods and Retail sector in the UK. Prior to joining BearingPoint, I had a long career working in…
Read More » -
20 JuneAdvice
Mastering Omnichannel Retail: Strategies for Success
In today’s retail landscape, consumer expectations are higher than ever. This is where omnichannel retail shines—providing a consistent, integrated shopping experience, no matter the channel or device. Mastering omnichannel retail is not an easy task. It requires a robust understanding of your customers’ journey, efficient technology integrations, a strong focus…
Read More » -
13 JuneTechnology
Secret Sales appoints new CTO to accelerate marketplace platform
Secret Sales, the non-full price marketplace for fashion, sportswear and beauty brands, has appointed Leon Shepherd as its new chief technology officer. The appointment comes as the business prepares to “invest heavily” in its technology offerings in line with its aggressive global growth agenda. Shepherd has previously worked for brands…
Read More » -
May- 2023 -9 MayFeatures
Reinventing delivery – is driverless delivery the future?
Asda recently announced its partnership with Wayve self-driving vehicles in a year-long trial that will give the supermarket the ability to autonomously deliver groceries to over 170,000 residents across 72,000 households in London. Emile Naus, partner at BearingPoint, tells us about how these driverless vehicles can be cost-effective and efficient…
Read More » -
3 MayElectrical
Dyson seeks permission for £100m research centre in Bristol
Dyson plans to invest £100m in a new research and development building opposite Castle Park, close to Bristol Bridge, which would be home to hundreds of software and artificial intelligence engineers, the BBC has reported. According to the engineering giant, it chose Bristol for its plans for the city’s reputation…
Read More » -
Apr- 2023 -24 AprilComment
What can retailers learn from grocery stores?
The KPMG consumer pulse survey released recently says that 61% of people will have to reduce non-essential spending, do you agree? We’re finding that customers are definitely more selective about their purchases, obviously because of a lack of available spare funds, particularly when it comes to retail fashion, clothing and…
Read More » -
3 AprilClothing & Shoes
Esprit posts HK$664m FY22 loss
Esprit has reported a loss of HK$664m (£68.4m) as its 2022 revenues decreased to $7.1m (£856m), marking a 15% decline over 2021, according to its results for the period ending 31 December 2022. It said that “the unfavourable economic environment” in Germany and the rest of Europe resulted in a…
Read More »
