Retail revolution
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13 Jul
The UK retail crisis: what’s happened so far in 2018
Soaring temperatures, the World Cup, and royal wedding have boosted the UK’s return to GDP growth, yet the retail crisis continues with more store closures and job losses.
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2 Jul
Retail job losses in UK set to top 20,000 this year – but overall employment has soared
New analysis by the BBC has suggested that retail job losses in the UK could total 22,000.
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28 Jun
Generation Z expects digital personalisation, but that comes at a price
Generation Z — covering those born approximately between 1996 and 2015 — is the first to grow up not knowing a world without the internet.
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27 Jun
Don’t be fooled by the John Lewis profit warning – the company’s approach to innovation is paying off
This morning a John Lewis profit warning grabbed the retail headlines, causing many to assume that the John Lewis Partnership is set to go the same way as many of its department store competitors.
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26 Jun
Bookmakers, supermarkets and pubs are the real winners with UK economy set for a World Cup boost
The United Kingdom economy will see a spending increase by £720m this summer, even if England crash out of the 2018 FIFA World Cup at the Round of 16 stage, according to the Centre for Economic and Business Research.
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21 Jun
Dixons Carphone profits plunge as mobile phone users opt for sim-only deals
Dixons Carphone has reported a 24% drop in profits as mobile phone users hold on to their handsets for longer and opt for sim-only deals.
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20 Jun
The ASOS silk ban reveals the disconnect between veganism and environmentalism – and creates a challenge for brands
The decision to ban several animal products by online retail giant ASOS has been lauded by animal welfare activists, but for environmentalists it is cause for significant concern.
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11 Jun
Poundworld: the latest victim in the decline of the high street?
Discount high street retailer Poundworld has announced that it has gone into administration, putting 5,100 jobs at risk.
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7 Jun
House of Fraser closures 2018: department store to lose half its chain in another blow for the UK high street
In another blow for the British high street, the department store House of Fraser announced today that it plans to close 31 stores – more than half of its UK chain.
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5 Jun
Could smart mirrors change the way we shop?
Once the stuff of science fiction, smart mirrors are now a reality.
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1 Jun
As consumer demands rise, future luxury retail brands must embrace technology to compete
In the future luxury retail will be characterised by “exacting” consumer standards.
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30 May
RBS job cuts: the latest casualty in the move towards automation?
Earlier this month, the Royal Bank of Scotland (RBS) announced that it would be closing 162 branches across England and Wales, resulting in 800 job losses.
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29 May
Why are technology retailers struggling so much on the UK high street?
Dixons Carphone made headlines this morning as its share price dived on the London stock exchange and it lost a fifth of its market capitalisation – dropping to £2.1bn.
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25 May
Tesco Direct the latest casualty as retailers move towards greater automation
Tesco’s decision to close its non-food website Tesco Direct, due the lack of profitability in its online retail business, is the latest move by global retail giants looking to increase efficiency through automation.
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23 May
UK high street stalwart Marks & Spencer admits its website is “too slow” as charges wipe out profits
Marks & Spencer — a British high street fixture for more than 100 years and FTSE 100 constituent since its founding in 1984 — has admitted it must evolve or die.
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17 May
Walmart results: Retail giant still on top, but Amazon is catching up
Walmart is still winning the battle for US retail domination despite increased competition from the likes of Amazon.
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17 May
Ocado shares skyrocket as it announces partnership with Kroger
Ocado shares rocketed on the news that it signed a partnership with the US supermarket chain Kroger.
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10 May
Adidas’s partnership with Kanye West: How its revenue has grown
Adidas recorded a “successful” start to the year with revenue growth of 10% in the first quarter.
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9 May
Walmart-Flipkart deal: Walmart gets a jump start in race for India’s ecommerce market
US retail giant Walmart is shelling out $16 billion for control of Indian ecommerce platform Flipkart in a bid to cash in on India’s fast-growing economy.
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30 Apr
Sainsbury’s share price jumps after confirmation it plans to merge with rival Asda
Sainsbury’s and Asda, two of the UK’s biggest supermarkets, have confirmed their plans to merge, following media reports over the weekend — sending Sainsbury’s share price higher.
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30 Apr
Sainsbury’s and Asda: Where the combined group will sit in the market
UK supermarket giants Sainsbury’s and Asda — two of the sector’s so-called big four grocers — have confirmed they intend to merge.
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19 Apr
How Overwatch helped double Activision Blizzard’s stock price in two years
The online multiplayer phenomenon Overwatch was the second biggest earning title in the premium PC market in 2017 — a year since its release in May 2016.
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19 Apr
Prime time: 1.3% of the world population now have an Amazon Prime membership
A staggering 1.3% of the world’s population now have an Amazon Prime membership as paid subscriptions pass the 100 million mark.
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12 Apr
Luxury US retail chain Nordstrom is opening a New York store today
Seattle-based and family-run fashion chain of department stores Nordstrom is opening its first New York City store today.
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11 Apr
Investors pile in to Tesco as profits climb 28% and it pays its first dividend in three years
UK supermarket giant Tesco has said its underlying operating profits climbed 28.4% to £1.64 billion last year, marking the ninth consecutive quarter of growth for Britain’s biggest supermarket.
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9 Apr
Can you remove plastic packaging from the weekly shop? Here’s how some businesses are doing so
Unless you live in Burgess Hill (or one of the villages surrounding it), a small town south of London, the chances are you won’t have heard of Charlotte’s Cupboard.
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9 Apr
UK retailer collapses could mean 10,000 jobs are lost over two years
The Christmas period was unable to save the UK’s biggest toy retailer from closure.
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5 Apr
How Nike has doubled its revenue in another decade of sportswear dominance
The world is becoming more health-conscious and sportswear giants Nike are reaping the rewards.
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4 Apr
Haider Ackermann departure prompts LVMH shake-up, but who are the designers involved?
As the parent company of many of the world’s biggest luxury brands, such as Dior, Louis Vuitton, TAG Heuer and Givenchy, LVMH has access to a vast pool of the world’s most talented creatives.
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4 Apr
The WPP share price has fallen after news Sorrell is under investigation for misconduct
The WPP share price — already struggling due to tough industry trading conditions — has fallen at the market open in London today, down a little over 2%.