Alan Monahan writes: Good retailers will know that customers crave innovation – and new findings by Salmon Insights confirms it, with 60% of people preferring to purchase from a ‘digitally innovative retailer’ and a quarter of us now identifying as ‘digitally obsessive’. However, a closer look at the research suggests that consumers desire innovations
Retail Reflections: fewer, smaller stores and how they can survive Read More »
Alan Monahan writes: Retail and consumer goods industries will change more in the next 10 years than they have over the past 40, with traditional stores undergoing a metamorphous to stay relevant as online purchases in most categories grow. But you may be comforted to hear that despite the continued increase in digital commerce, the
Retail Reflections: The future for bricks ‘n’ mortar stores Read More »
Alan Monahan writes: Following publication of the latest Consumer Price Inflation figures, the British Retail Consortium predicts that retailers are in for “a tricky few months”. Data from the Office for National Statistics shows that consumers in the UK faced rising inflation in May, while Labour Market Statistics reveal a fall in total
Retail Reflections: tricky times ahead and tips for retailers Read More »
Alan Monahan writes: I wonder how many of our retailers have enjoyed strong Mother’s Day sales. I was interested to see that despite the growing scale of the opportunity more than half of shoppers surveyed by marketing firm Savvy said that Mother’s Day products in shops were “boring and lacked inspiration”. Retail expenditure is
Retail Reflections: Mother’s Day grows; Easter ‘crunch time’ Read More »
Did you see that Mary Portas will be at Spring Fair to tell buyers how they can tackle the challenges facing independent retailers? I wonder if she’ll come up with anything that we haven’t heard before. Although this particular “retail expert” has sometimes been associated with government – you’ll remember her independent review, The
Retail Reflections: Challenges at home and abroad Read More »
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