UK retail is facing a perfect storm of rising costs and plummeting consumer confidence. Could an excess of stock be the final nail in the coffin for many in the squeezed mid-market?
The prevailing wisdom heading into Christmas was to stock up in bulk – at once ensuring good stock levels over the crucial holiday period and limiting the drip-feed of lofty shipping costs from spreading across multiple financial periods.
At the time this made sense and seemed to lay out a blueprint for dealing with a post-Covid world where costs were already set to rise.
But fast forward six months or so and the picture looks very different.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.