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The British high street has endured a string of high-profile insolvencies in recent years, leading to the demise of household retail brands. Retailers are fighting to stay out of the red as record-high inflation, rising rent, the cost of living crisis, and growing popularity for ecommerce dent already reduced budgets. Chris Bristow, a company liquidation and corporate rescue specialist at Real Business Rescue, examines the financial health of retail businesses under the current climate.
After more than 20 years, Saks Fifth Avenue is cancelling the renowned holiday light show at its Fifth Avenue flagship store. The light show has become something of a cultural fixture in Manhattan during the holiday season, serving as the perfect complement to Saks’ famed holiday window displays as well as the Rockefeller Center Christmas tree. Last year’s show, sponsored by Christian Dior, was the retailer’s most dynamic yet.
Today JD , the leading retailer for youth fashion and sportswear brands, unveils its highly anticipated 2024 Christmas campaign ‘ Family ’ , a vibrant and energetic celebration of the different forms of family that make the festive season special for communities around the country. With an unwavering focus on authenticity, JD presents a unique perspective on traditional family constructs through the eyes of its consumers – redefining what family really means today.
Albertsons Media Collective is expanding its Collective TV offering to include video ads across NBCUniversal ‘s suite of channels and publisher partners, including Peacock , ESPN , Food Network , CNN , Telemundo and Sunday Night NFL. Launched in June 2024, Albertsons Media’s Collective TV offering aims to unlock the combined value of retail media and TV by combining connected TV’s (CTV) ad serving and measurement solutions with Albertsons shopper data and insights.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Over the last week there has been a raft of updates from fashion retailers, from Primark to M&S. The results have highlighted the different strategies fashion retailers are deploying to stay ahead in a fragmented and challenging market. From agile inventory models to premium positioning, each retailer has its own distinctive plan to drive growth amid shifting consumer behaviours, economic pressures, and rising competition.
Following a fiscal Q3 that saw its net sales decline 3.2% compared to the same period the previous year, Advance Auto Parts (AAP) will close 523 corporate stores, exit 204 independent locations and shutter four distribution centers. As of Oct. 5, 2024, the auto parts retailer operated a total of 4,781 stores and serviced 1,125 independently operated Carquest stores.
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In this article, we’ll talk about retail management, what it is and why it’s important. Let’s look at effective strategies and tools that will help improve business efficiency. This information will be useful to entrepreneurs and business managers who implement approaches aiming at streamline processes, improving customer service and reducing costs.
After several years of rebuilding following a post-pandemic slump, Rent the Runway (RTR) is ready for a new chapter. The fashion rental platform marks its 15 th anniversary this year, and to celebrate it has introduced a new brand platform — “Own Nothing, Have Everything” — aimed at reshaping how consumers think about fashion. “This bold philosophy redefines the future of fashion by inviting consumers to move beyond traditional ownership and embrace access over accumulation ,” said the company i
Between now and 8 th December, Hobbycraft will be transforming children’s hospices across the UK into winter wonderlands with handmade Christmas decorations created by colleagues. These festive makeovers will mirror the retailer’s new Christmas advert campaign, ‘Every moment is a gift’, which will raise awareness and funds for its charity partner, Together for Short Lives.
New research from American Express reveals shoppers are becoming increasingly discerning when it comes to winning their loyalty – with retailers responding by prioritising new tailored ways to attract and retain customers. The survey of both UK consumers and retail decision makers reinforced that generic offers and incentives are not enough to win over new customers, and don’t positively impact long-term loyalty.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
This festive season, Primark has teamed up with Dr. Seuss once again to deliver a Grinch-tastic experience for customers. The retailer has launched its largest-ever Grinch collection, available now in stores across all 17 Primark markets, and opened themed Grinch Cafes at six UK locations, making it easier than ever to celebrate a mischievous “Grinch-mas.
A shopping destination has achieved close to full occupation of its retail units for the first time in 10 years. Morgan Quarter, comprising units in Morgan Arcade, Royal Arcade, and The Hayes in Cardiff city centre, has an occupancy rate of 98.5 percent as of November 2024, with only one of its 65 units currently advertised to let. The achievement demonstrates a strong post-pandemic recovery since the 2020/21, when economic pressures saw occupancy drop to 77 percent with 15 unoccupied units as b
The Editors’ Perspectives column offers insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. Amazon ’s highly anticipated low-cost Temu competitor has arrived , and it’s called Haul. While industry insiders have been tracking the development of the discount storefront for months, consumers will likely have a bit of trouble finding it now that it’s here.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Junction 32 , an outlet shopping destination in Yorkshire, has announced the addition of Dune London to its store lineup. Opening on Tuesday, 19th November , the 2,257 sq. ft. store will offer a range of premium men’s and women’s footwear and accessories, including the latest Autumn/Winter collection, all available at reduced outlet prices. The new Junction 32 store reflects Dune London’s ongoing UK expansion, which now includes 52 standalone stores, with four located in Yorkshire.
The notion of a one-size-fits-all pricing model is becoming increasingly obsolete. Every company evolves at a different pace and scale, necessitating tailored pricing strategies to meet its unique needs and ability to achieve go-to-market goals. Just as no two companies grow in the exact same way, their revenue streams, customer bases and market demands also differ significantly.
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Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Lidl GB is on track to invest a total of £21 billion in the British food industry by the end of FY24, exceeding its original five-year commitment of £15 billion by 40%. This equates to an additional £6 billion and underscores the retailer’s ongoing support for British agriculture and food production.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! With Brits beginning to prepare their shopping lists ahead of Christmas, one festive staple sure to be on most household’s lists is Camembert. According to Google Trends data, searches for camembert peak annually between the 24th-30th December proving Britain is gearing up for Christmas and New Year in a very tasteful way!
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Today JD, the leading retailer for youth fashion and sportswear brands, unveils its highly anticipated 2024 Christmas campaign ‘Family’, a true documentation of the different forms of family that make the festive season special for communities around the country.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Thy Gym Kitchen is bringing the festive feels to the functional health space, with its first High Protein Christmas Sandwich, launching as a Meal Deal, in Tesco this week. As seasonal sarnies hit the shelves, The Gym Kitchen is bringing a nutritious twist to the festive favourite, with a chicken breast, Beechwood smoked bacon, cranberry […] If you
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Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Nirvana, the UK’s first and still only dedicated no/low brewery, has launched ‘Nirvana Best’, its first-ever Amber Ale (0.5% ABV) and its take on a quintessentially British best bitter. Available in 500ml bottles and keg, the beer also features Nirvana’s new bold look – soon to be featured across its now eight-strong range.
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
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