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Tag: change

The New Normal Consumer in Retail: Adaptation to change

The COVID-19 crisis has made shopping centre developersand retailers re-think the norms of business, which are more driven by safety rules rather than the freedom to do business. This has now become the new normal of business. While everyone is talking about this new normal and how they should go about conducting their businesses, a …

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Webinar – Covid-19, 2020: A year of unprecedented change

Shop and Display Equipment Association members are exclusively invited to a free webinar on Friday 3rd April at 9 am about coronavirus and its HR, Employment Law and Health & Safety implications. There will also be an important update about the Good Work Plan, which is still scheduled to be implemented in April this year. …

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Coronavirus will have ‘significant’ change to consumer

Retailers will need to respond to a “really significant” shift in consumer behavior as a result of the coronavirus crisis, billionaire mall owner Rick Caruso told CNBC on Monday.  “The biggest threat to brick-and-mortar retail is really the current version of themselves,” Caruso said on “Closing Bell.” “Many of them have to evolve. Many of …

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You know change is in the air when the likes of Ashley and Martin back down | Business

Strange things happen in a crisis. For one, it can dawn on Mike Ashley that pretending that a sports shop is an essential public service is absurd. Friday’s apology from the Sports Direct founder seemed to be more about communication – “ill-judged and poorly timed” emails to overworked government ministers – than his original ludicrous …

You know change is in the air when the likes of Ashley and Martin back down | BusinessRead More

How coronavirus could trigger psychological change in US consumers

The rising numbers of coronavirus cases outside of China could trigger a psychological change in consumer behavior that ultimately damages the U.S. economy, an economist told CNBC. Speaking to CNBC’s “Squawk Box Europe” Thursday, Michelle Girard, chief U.S. economist at NatWest Markets, said investors were currently focused on how the outbreak was disrupting supply chains. …

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Amazon’s Bezos pledges $10 bln to climate change fight, Retail News, ET Retail

NEW YORK : Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday. Cutting emissions will be challenging for Amazon. The e-commerce company delivers 10 billion items a year, has a …

Amazon’s Bezos pledges $10 bln to climate change fight, Retail News, ET RetailRead More

Powerade is launching 2 new product lines as exercise habits change

Powerade is adding two new product lines as consumers’ exercise habits change and rival Gatorade makes a comeback. The Coca-Cola brand announced the addition of Powerade Power Water and Powerade Ultra to its portfolio on Wednesday. The last time it introduced a new sports drink line was 2007, when it released Powerade Zero. The new …

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Analysis: Radical change needed to get Victoria’s Secret back on track

By Neil Saunders, managing director of GlobalData Retail – 01/09/2020 Get great content like this right in your inbox. Subscribe Overall, this was not a happy holiday for L Brands. Off the back of a flat holiday performance last year, group comparable sales fell by 4%. The underlying results, however, continue to point to a …

Analysis: Radical change needed to get Victoria’s Secret back on trackRead More

Analysis: Radical change needed to get Victoria’s Secret back on track

By Neil Saunders, managing director of GlobalData Retail – 01/09/2020 Get great content like this right in your inbox. Subscribe Overall, this was not a happy holiday for L Brands. Off the back of a flat holiday performance last year, group comparable sales fell by 4%. The underlying results, however, continue to point to a …

Analysis: Radical change needed to get Victoria’s Secret back on trackRead More

M&S struggles to change its spots with clothing range issues | Business

Marks & Spencer is undergoing “far-reaching change”, or so it says, but some things remain familiar. There is always a problem with the clothing ranges. At the same stage a year ago, M&S confessed that Holly Willoughby’s “must-have” items were a big hit but it hadn’t ordered enough of them. Now it says it’s been …

M&S struggles to change its spots with clothing range issues | BusinessRead More