Archive for May 2018
Retailers need to realise potential of dynamic pricing to bring efficiencies to stores
Whenever my family finds itself in the Green Park area of London on a Sunday morning we invariably make our way to a nearby branch of a major name supermarket and buy a whole bag full of massively reduced sandwiches that have nearly reached their sell-by-date. While this is a great bonanza for us –…
Read MoreFood markets drop anchor but some could run aground
Food halls and markets are springing up in a variety of locations but there is a worry that they are mistakenly being seen as the solution to the growing issue of empty retail units that blight the shopper landscape. Speaking at MAPIC Food & Beverage in Milan last week on a panel discussion titled ‘Food…
Read MoreBlockchain highlights real provenance
We’ve all seen it written in stone that millennials are willing to spend more on products from companies committed to delivering both a positive social and environmental impact. It’s the rest of us that have damned the planet and the youngsters are seeking to address things. This comes at a time when there is a…
Read MoreMovers & Shakers Q&A – Philippe Chainieux, CEO of Made
Philippe Chainieux, CEO, Made What is the greatest opportunity for your business? The market in furniture and homewares is seeing the same transition from high street to online that the fashion industry has gone through. As the digitally-native, leading design brand, MADE is best positioned to benefit from the opportunity the transition presents. What is…
Read MoreInnovative Retailer – Wheelys
Name: Wheelys The Place: Any street corner, anywhere on the globe! Now that’s what I call a marketplace. That’s what I call “not possible”: Nonsense. You can go anywhere on a bike. And Wheelys combines all those hot retail trends right now. Like: Like sustainability, eco-friendliness, organic produce, franchising, elements of the gig economy even,…
Read MoreEnd of the road for old school research methods
Traditional market research methods are under increasing pressure as the next generation of firms like Streetbees fully utilises technology to strip out people’s claims and aspirations and deliver results based purely on reality. The company has recruited one million people around the world who can be called upon by brand owners, retailers and food service…
Read MoreRefillable and reusable replacing single-use
It started with carrier bags a few years back and more recently has extended to plastic straws and single-use coffee cups as well as plastic water bottles. After much prevarication consumers and retailers now seem to have the bit between their teeth over the issue of reducing the levels of waste plastic. Selfridges was on…
Read MoreSecondary revenue no longer a secondary thought
These are tough times for retailers with a race to the bottom being seen in many areas of the industry, which is eating dangerously into margins and forcing companies to work more creatively or face severe problems in the future. This creativity is driving activity in the area of secondary revenue (known as ancillary revenue…
Read MoreRetail Insider Breakfast – John Murphy, founder of Interbrand + Kresse Wesling, co-founder of Elvis & Kresse
Retail Insider held its latest Breakfast Event of 2018 with John Murphy, founder of Interbrand, and Kresse Wesling, co-founder of Elvis & Kresse who talked around how branding was originally created and how it is developing. An audience of senior executives gathered at The Delaunay in central London to hear how Murphy formed Interbrand at…
Read MoreMade predicting accelerated growth
Online business Made is confident that its growth will accelerate as the online share of the furniture and homewares category is predicted to double by 2022 and it plans to grab a greater chunk. Philippe Chainieux, CEO of Made, reckons the sector will follow fashion whereby a greater amount of trade will shift online: “The…
Read MoreMovers & Shakers Q&A – Matt Henton, head of e-commerce at Moss Bros
Matt Henton, head of e-commerce at Moss Bros What is the greatest opportunity for your business? Moss Bros. is in many ways a very traditional menswear retailer. Our suit experts get to know their customers and offer an unparalleled level of service through our stores. To continue to thrive, we need to further improve the…
Read More