More online retail – Page 7
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Analysis
Buys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
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Opinion
‘The three transformative themes creating retail opportunity’
To succeed, retailers must address climate change, digitalisation and skills, say McKinsey & Company’s Anita Balchandani and Bartosz Jesse
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Analysis
Domino’s digital director lays out vision to become ‘Netflix of food’
Think Domino’s is just pizza? Think again. Nick Bamber, the digital marketing expert whose career spans roles at Asda and Missguided, is evolving the brand to become an ecommerce power player. Having already made inroads, Bamber gives a sneak peek into what’s working ahead of his special guest appearance at Retail Week’s breakfast briefing on January 24
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Opinion
‘Greater discounting drove Black Friday sales for retailers getting the balance right’
Price reductions need to be significant to lure shoppers at present and managing value perceptions and profitability is a tough line to walk, says Alvarez & Marsal’s Erin Brookes
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Opinion
Peter Williams: ‘Fenwick move from Bond Street is sad but inevitable’
The news that the Fenwick store on Bond Street will be closing in 2024 marks yet another moment in the shrinking of the department store sector.
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Opinion
‘Retail’s recent wave of IPO companies look like beached whales’
The performance of the wave of retail initial public offerings (IPOs) in the past couple of years has been the worst advert imaginable for the industry.
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Analysis
Ranking: The UK’s busiest retail websites on Black Friday 2022
Retail Week’s ranking of the UK’s busiest Black Friday sites reveals another reserved year for what was once one of the busiest weekends of retail’s promotional calendar
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Analysis
Strategy spotlight: Five ways Burberry has refined its strategy to unlock long-term growth
“Modern British luxury” was the headline of new Burberry CEO Jonathan Akeroyd’s strategy, which was revealed during the fashion brand’s interim results in November 2022. Targeting medium revenue growth to £4bn, our Retail Week Prospect analyst team examines Burberry’s plan to unlock this next phase of growth
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Analysis
Analysis: What does shopper behaviour on Black Friday mean for Christmas?
From surprisingly strong in-store results to the rise of the indies, shopper behaviour this Black Friday has produced some key lessons for retailers ahead of Christmas
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Analysis
The Tech List: Five global digital leaders UK retail can learn from
Retail Week’s The Tech List – a celebration of the 50 digital leaders driving innovation across the UK, US, Europe, Japan, China and Israel – has caught the imagination of an industry grappling with major strategic upheaval. The UK must look overseas for inspiration to meet today’s challenges so we cast the spotlight on some international tech transformers at the forefront of innovation
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Innovation of the Week
Innovation of the Week: eBay's luxury pop-up store in New York City
Welcome to the Retail Week Innovation of the Week, a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Innovation of the Week
Innovation of the Week: Amazon's interactive fashion solution
Welcome to the Retail Week Innovation of the Week, a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Opinion
Murray Lambell: 'Retail needs to rewrite the way we do Black Friday'
The notorious Sales event has changed since its inception and no longer lives up to its promise of value, argues eBay UK general manager Murray Lambell
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Analysis
Strategy spotlight: Five ways Amazon is sharpening focus for profitable growth
No retailer is immune to current market pressures, not even Amazon.
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Analysis
Made.com: What should Next do to make its new acquisition thrive?
Making new acquisition Made.com a success will not be without its challenges for Next, but it starts from a strong financial and strategic position
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Analysis
'Better value than Primark' - how M&S is rebuilding clothing clout
Marks & Spencer may have warned that retail market conditions will get even tougher next year, but the retailer will take heart from a marked improvement in its clothing and home division
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Analysis
Primark - more cheer than fear despite tough times to come
Primark parent ABF’s John Bason looks forward to a post-Covid Christmas, a bolstered digital presence and the opportunities that a new strategic board can help realise – even as margins fall in punishing market conditions
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Analysis
Shopper survey: How cash-strapped consumers plan to cut spend this Christmas
Sweet treats face being cut from Christmas shopping lists this festive season as cash-strapped consumers look to make ends meet, according to new research carried out for Retail Week
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Opinion
'Shein is the epitome of mindless consumption'
Shein is now a major force in the fashion world and should clean up its act, argues Natalie Berg
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Analysis
Made.com: What went wrong and where did the money go?
The rapid collapse of Made.com has raised eyebrows across the retail sector. Retail Week delves into what went wrong, where the money went and what the fate of the business could be