It’s been impossible to miss the barrage of headlines heralding the death of the high street as a seemingly endless stream of household retail names announce financial woes. From Toys R Us to House of Fraser, Maplin to Debenhams, everywhere you look, there are profit warnings, redundancies, stores closing, and administrators swooping. Many believe that […]
As the decline of brick and mortar retail rolls on, commercial real estate developers are left with massive abandoned properties. Who will fill that underutilized space? A series of recent acquisitions by associates of Amazon in Northeastern Ohio provides some clues.
Many businesses have come under criticism for their approach on environmental issues, with some consumers even switching their most loyal brands to competitors as a result.
Alibaba is China's largest e-commerce platform. In its latest earnings report, Alibaba disclosed having 636 million annual active consumers on its China retail marketplaces.
Musgrave have 10 food brands across the island of Ireland and Spain, leading the way in both retail and wholesale markets. Six of those brands are consistent market leaders – SuperValu, Centra, Daybreak, Musgrave MarketPlace, Frank and Honest coffee and La Rousse Foods. Musgrave recently reported a third consecutive year of profit growth, with profit […]
Landmark research by Hitachi Capital UK into retailers’ business decisions has found that the pressures of running bricks and mortar stores is causing an investment divide between online and high street retailers. Last week, it was reported that rising business rates – a tax of the value of a firm’s premises - would cost retailers […]
Scottish Grocers’ Federation is the national trade association for the independent convenience store industry in Scotland. There are almost 5,300 convenience stores in Scotland—these stores provide 41,000 jobs and contribute some £530 million to Scotland’s economy each year in Gross Value Added. Fundamentally, they are here to represent their members’ interests and ensure a profitable […]
No matter which sector you are currently operating in, it’s more than likely that Artificial Intelligence (AI) will soon completely change the way you do business. Does this means we’re headed towards a future where your customers will face robots day to day? Anne de Kerckhove, CEO at Freespee, discusses with CEO Today. Consumer-facing organisations […]
The authority of social media is getting greater and trying to push against its power is becoming increasingly difficult. As of January 2018, there were approximately 3.196 billion social media users around the world, which shows a growth of 13% from 2017. This Smart Insights data suggests that not only are billions of people — […]
India (27%), Philippines (51%), Colombia (45%) the UAE (33%) and China (27%) are some of the fastest growing e-commerce markets in terms of percentage growth, according to the latest worldwide study by PPRO Group, the international electronic payment specialists. Perhaps not surprisingly, 40% of the world’s e-commerce sales are made in China, so British retailers […]
As the heatwave continues unabated, there are encouraging signs that the sizzling summer will continue for brands and retailers in the UK, particularly those involved in e-commerce. Below Angel Maldonado, Founder at EmpathyBroker, discusses with CEO Today the irresistibility of e-commerce sites under the hot sun. In May, we saw a 11.9% increase in online […]
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