To build resilience in their supply chains a lot of retailers are being advised to stockpile. “Six months ago such action would have been a bad idea,” explains Tim Crighton, Partner, Logistics and Retail at Cushman & Wakefield. In the short term inventory increase is likely to happen until firms understand how they can deal […]
Continue ReadingThe retail sector is under great strain due to the coronavirus, but companies need to look for the possibilities and invest in innovation and IT. These were the conclusions from the first webinar of the RetailEXPO 2020, which was due to open today in London, but was moved online. Mark Price, former MD of Waitrose […]
Continue ReadingThe coronavirus has thrown many of the expectations for the economic output of this and the following year into the unknown. Every sector is hit and experts struggle to make predictions in a constantly changing environment. The sector of Industrial and Logistics Properties is also experiencing headaches. Three leading professionals from Savills UK, a global […]
Continue ReadingRetailers have reached a tipping point and are pressured to adapt their warehouses and logistics to meet growing digital demand, a new report published by TLT had found. ‘The ubiquity of online and the growing number of retail channels – including the growth of social media and voice assistants – is having a profound and […]
Continue ReadingThe British company Body and Mild Botanicals produces cannabis tea and oil in the UK. The company sources its cannabis from family run farms in the Baltic area -Estonia and Lithuania. The farms are certified by the EU and once the the plants has been harvested it is shipped to the UK. The firm has […]
Continue ReadingThe retail sector has changed dramatically over the last couple of years. More companies understand they need to bring value to their customers by not only offering quality products on accessible prices but also by creating a shop experience fit for the modern consumer. AI, Blockchain, smart platforms and many more are reshaping how the […]
Continue ReadingLabels that can tell the story of every single item were shown at the RetailExpo 2019 in London. The company that produces them is Avery Dennison’s Janela. Their product is a RFID lable that records every movement an item makes from the factory to the customers’ hands. The technology provides every product with a unique […]
Continue ReadingThere is not “retailpocalypse” Justin King, a non-executive director at M&S and a former boss of Sainsbury’s said. King argues the industry is still profitable and that e-commerce was not the disruptor many expected it to be. “If you look at total retail market it is £360bn, about £60bn of that is online, and that […]
Continue ReadingThe first till-free grocery shop where customers can pay using an online app and not queuing has opened. Sainsbury’s is the first British retailer to try out the technology at one of its Central London locations Holborn Circus. The company explains they have chosen the store because more than 80% of all transactions were cashless, […]
Continue ReadingBillions of items get returned from customers every year. Most of them never re-enter the market and go straight to landfills as many companies do not have the abilities to do the necessary preparations. One company, however, is taking this very seriously by trying to provide the needed tools to its clients so they can […]
Continue Reading