The strange paradox of Britain’s High street crisis is that we are lamenting the loss of much-loved stores while using them less. Take Mothercare’s recent collapse. When the firm announced it was closing its UK outlets, customers rushed to share fond memories and mourn a retail ‘legend’. It was an impressive display of brand loyalty, […]
Thomas Cook’s unexpected shutdown has initiated yet another corporate earthquake, due to the disruption of technology. It’s not uncommon to see major players suddenly vanish within the world of business.
Similarly to emerging technology, eCommerce is continuing to rapidly develop. In this time of extraordinarily swift change and innovation, the importance of staying ahead of the curve and taking key steps to develop and execute and effective eCommerce strategy is more vital then ever before.
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 […]
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 […]
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 […]
A new report reveals travellers are being charged up to 320% more for products in duty free than they would pay on the high street. Customers are being charged up to 320% more for duty free products sold in airports, compared to the same products on the UK high street This includes favourites such as […]
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 […]
The number of failures of UK companies has risen 30.0% to 4,827 in the second quarter of the year, compared to the same period a year ago, according to the latest figures from Creditsafe’s Watchdog Report. The quarterly Watchdog report, which analyses financial data across 12 UK business sectors, showed that high profile high street […]
When darling of the high street Marks & Spencer announced plans to shut 100 core clothing and home branches as part of a major restructure, commentators were quick to jump on the news as just the latest death knell for the high street. Julian Fisher, CEO at Jisp, believes the doom and gloom of the […]
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