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Tag: retailers

Consumers prefer the technology of chain retailers

Technology successes and failures are seriously impacting whether consumers return to a store or restaurant. As a result, consumers are increasingly choosing big chain retailers with the most current tech platforms for their shopping needs.  In the study by Boomtown, 57% of respondents who frequent large chain establishments over smaller retailers name technology as a …

Consumers prefer the technology of chain retailersRead More

Plastic bag levy to be doubled & extended to all retailers

The 5p levy on plastic bags was introduced in England in 2015. // From April 2021, plastic bag levy will be doubled and extended to all retailers // Small retailers – those employing 250 people or fewer – no longer exempt // The minimum charge for single use carrier bags will increase to 10p The …

Plastic bag levy to be doubled & extended to all retailersRead More

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?

As “buy online pickup in store,” or BOPIS, grows in popularity for consumers, it is also becoming an enticing platform for fraudsters. Retailers are facing a new set of challenges with click-and-collect services that many are not prepared to handle. Although it is hard to compare the rates of fraud in BOPIS to other channels, …

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?Read More

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailers

Walmart India makes half of sales out of store Walmart India is now getting almost half of its business through out-of-store sales channels including B2B e-commerce, associate-driven sales and call centers. Walmart was among the first retailers in India to adopt the omnichannel way of doing business. (Economic Times) Walmart, Kroger, Amazon top retailers Walmart, Kroger …

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailersRead More

US Retailers Must Prepare For Q4 Amid Pandemic Disruption

Q4 contributes a significant part of many retailers’ annual revenues and profits. As of mid-Q3, factors like high unemployment, a resurgence in COVID-19 cases, short-term and permanent store closures, and the expiration of the US Federal Pandemic Unemployment Compensation program are making it challenging for US retailers to plan for Q4. We’ve created a collection …

US Retailers Must Prepare For Q4 Amid Pandemic DisruptionRead More

Here are all the retailers that have made job cuts since lockdown

According to figures compiled by the PA news agency, the retail bloodbath has claimed or put under threat at least 41,400 UK jobs since the lockdown in late March. Meanwhile, data from the Centre for Retail Research published in July revealed that at least 24,348 jobs have already been lost across insolvent UK retailers this …

Here are all the retailers that have made job cuts since lockdownRead More

Retailers concerned over policing face mask legislation

From 24 July shoppers not wearing a face covering in shops across England will risk a £100 fine. The British Retail Consortium has stressed retailers must not be required to enforce the legislation. Chief executive Helen Dickinson said: “With hundreds of incidents of violence and abuse directed at retail staff every day, we welcome the …

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Innovation is key to helping retailers and customers navigate through the new normal

Jul 10 2020 Alex Barnes Co-Founder and Co-CEO of Lanterne As restrictions start to ease across the UK and crowds begin to gather, now more than ever businesses are relying on technology to support social distancing measures and ensure public spaces are kept safe. …

Innovation is key to helping retailers and customers navigate through the new normalRead More

Retailers and restaurants enter a very different landscape

The Ledbury As non-essential retailers reopen their stores for the first time in three months they return to a very different environment to the one they left when lockdown was enforced. Over the coming weeks they will realise that some elements of their operations will be changed indefinitely and there will unfortunately be some casualties …

Retailers and restaurants enter a very different landscapeRead More

No-deal Brexit will raise cost of UK household staples, say retailers | Brexit

The cost of household staples, ranging from meat and cheese to school uniforms and drinking glasses, will substantially increase if there is no Brexit trade deal, British retailers have warned. With just six months to go before the UK leaves the EU entirely by exiting the single market and the European customs union, retailers fear …

No-deal Brexit will raise cost of UK household staples, say retailers | BrexitRead More