Opinion – Page 9
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Retail Voice
Three priorities for tech leaders
With the sands of retail shifting rapidly, Netpremacy takes a look at what this means for technology leaders, where their priorities lie and what their investment strategies look like for 2023
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Opinion
‘Does Tile Giant administration signal the end of the DIY boom?’
After a phenomenally busy period when everybody became Handy Andy or Andrea and painted the walls rather than climbed them during the depressing days of lockdowns, things are looking trickier as the consumer mentality shifts from DIY to done-IY.
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Opinion
‘As margin pressure builds, retail media businesses offer chance to drive high returns’
Retail media networks are one of the fastest growing media sectors in Europe and offer a significant opportunity, say McKinsey’s Anita Balchandani and Craig Macdonald
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Opinion
‘A Morrisons counter-attack could help restore the grocer’s fortunes’
Differentiation, a unique selling point that sets one business apart from another, is often talked about in retail but less frequently achieved.
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Opinion
‘Tough times push retailers to innovate and find new sources of growth’
At a time when it’s easy to be gloomy, look deeper and there are reasons for retailers to be optimistic, says eBay UK general manager Murray Lambell
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Opinion
‘Three years on from Brexit, the most difficult bit is yet to come’
Three years on from Brexit and the impact to retailers and consumers has been relatively limited. However, in many ways, the most difficult bit is yet to come, says British Retail Consortium’s Andrew Opie
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Opinion
‘Retailers will have to work harder this year to persuade people to shop’
After surprise success in 2022, what should retailers expect from the year ahead? A rebalancing of sales channels, hybrid business models and the right marketing mix all have a part to play in success this year, believes PwC’s Lisa Hooker
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Retail Voice
Three tips to boost in-store profits in 2023
With a whole succession of record-breaking issues hindering the retail sector, Maze’s Mark Rice examines three ways firms can look to push profits.
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Opinion
‘The next few months will be challenging, but we’re reaching the eye of the storm’
Managing the next year must be about containing downturn impact while building foundations to capitalise on opportunities when recovery comes, advises British Retail Consortium chief executive Helen Dickinson
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Opinion
‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.
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Opinion
Stuart Machin: ‘Customers want great shops and our communities need them’
In the week in which M&S unveiled an investment of almost £500m in stores, chief executive Stuart Machin explains the benefits of a store rotation programme and how it supports the case for redevelopment of its Marble Arch flagship
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Retail Voice
How data can shine a light on supply chain visibility
With sustainability continuing to climb the retail agenda, Altruistiq’s Saif Hameed and Sir Ian Cheshire examine what more businesses can be doing.
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Opinion
‘2023 profit fight will be won by operating model resilience and agility’
Retailers that put all their eggs in the basket of defying the gravity of industry volume decline will find the going tough and likely put their balance sheets under significant pressure, maintains OC&C’s Matt Coode
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Retail Voice
Three lessons to learn from beauty brands’ success in China
The beauty sector is soaring to new levels of brand engagement in China, but what is the key formula to success and how can UK retailers emulate it? Alibaba’s Kristina Hui investigates.
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Opinion
‘As Amazon falters, now is the moment for omnichannel retailers to excel’
As the tech giant wobbles and footfall recovers, smart multichannel retailers have a genuine opportunity to ‘do what Amazon does not’, writes Lisa Byfield-Green
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Retail Voice
How Holland & Barrett is using the digital HQ to unite its teams
Alongside Holland & Barrett’s physical stores, the retailer has a thriving tech team led by its chief technology officer Sathya Nandakumar. Slack’s Chris Mills met with her to discuss how Holland & Barrett’s teams are using a digital HQ — a single digital space that organises work between people, systems, partners and customers — to improve collaboration across the business
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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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Retail Voice
Three ways retailers can learn from China’s ever-changing beauty market
The Chinese beauty market is one step ahead with its innovative and exciting approach. Alibaba Group’s Zarina Kanji examines how UK retailers can learn from key players in this industry.
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Opinion
'Retail’s 12 gifts of Christmas to customers and the country'
Retailers have once again pulled out all the stops to look after consumers during 2022 – a year when customers and companies alike have laboured under burdens such as soaring inflation and the disruption following Russia’s invasion of Ukraine. George MacDonald celebrates the retail industry’s fantastic contribution
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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