The possibilities achievable through decentralisation are reshaping how we fundamentally perceive relationships between customers and businesses, across a range of industries. Blockchain technology is set to disrupt hierarchies in everything from insurance to supply chains, and many now see its value in retail. In particular, Alastair Johnson, Founder & CEO of Nuggets, who below explains […]
Chris West, Founder of Verbal Identity, offers his take on the state of the high street and House of Fraser, and how struggling businesses will need more than just a management consultant to stay afloat. So, House of Fraser. Tough times, falling revenue, and now calling in the management consultants to cut costs. Inevitable? […]
With a recent report from the Local Data Company that new store openings are at their lowest level for seven years, with just 4,083 opening in stark contrast to 5,855 closures, the British retail industry faces a systemic challenge to its business model, which has relied on brick and mortar stores for survival. Phil Duffy, […]
The retail infection is spreading at an alarming rate. The likes of Amazon and Walmart dominate sales through online platforms, leaving high street shopping in the shadows. It’s already a commonly agreed statement that retail consumer buying is on the low, with only bankruptcies in the future ahead. In 2017 a grand 50 US retailers […]
Partha Goswami, CEO of OOSTOR.com, discusses the current High Street crisis. Online shopping has grown massively within the last ten years, with more and more consumers opting to update their homes, wardrobes and pick up gifts from the comfort of their own homes. This digital uprising has obviously had a huge impact on the […]
Competing with online fashion and goods sellers, such as Amazon and Walmart, which appear to be having a huge price standoff, is futile for today’s high street companies, and the situation only looks to be getting worse. 2018 is expected to be the year for high street collapses, and it’s already looking like a grim […]
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