K3 Viewpoint
Hotels must avoid becoming discount WeWork
Wander into the lobby, lounges, dining areas and other shared spaces in hotels within major towns and cities on a weekday and you will undoubtedly find lots of people working. Trends in how people work today are having a dramatic effect on the trading patterns – and potentially on the revenues – of hotels that…
Read MoreLive or die by relevancy to core audience
One of the biggest challenges for any fashion company is remaining relevant to the core audience. This is especially acute for those brands selling to a younger customer. A brand that appeals to an early teen is unlikely to appeal to an older teen when they then break out of this period then there is…
Read MoreRetailers need to enhance office attractions to entice top employees
When starting out in work some years ago one of the perks was the three-course lunch provided free of charge to all employees in the company dining room. You had to pay for the beer and wine though! While established businesses, like my old employer, have continued to strip out such soft benefits from their…
Read MoreLVMH looks to beat Kering in the sustainability stakes
When Notre Dame Cathedral in Paris suffered a very serious fire in April this year the Pinault family, which heads up the Kering luxury goods group, pledged Euros 100 million on the night of the fire towards its rebuilding. That was then beaten the next morning with a Euros 200 million pledge by the Arnault…
Read MorePotential heavy price to pay for poor checkout-free stores
When Tesco launched its ‘one in front’ policy years ago to ensure a new checkout line was opened whenever more than one customer was in front of the line at any of its checkouts it was early recognition from the retail industry that customers simply hate queuing. The current major trend towards cashier-free stores is…
Read MoreTechnology helps boost in-store employee contribution
With employees increasingly expected to fulfill broader functions on the shop floor and retailers needing to more efficiently manage the talent they have available through different in-store trading periods there is a growing need to bring more science into the equation. It has been a perennial balancing act for retailers ensuring they have the optimum…
Read MoreLike everything, our complaints are going digital
The growth of online shopping is leading to some interesting trends in terms of customer complaints and one of the more worrying involves the rise of the ‘buy now, pay later’ phenomenon. Recent research from independent complaints website Resolver highlights that these are only the 40th most complained about product or service but it predicts…
Read MoreCustomers are no longer always right
One of the retail industry’s long-established maxims is that the customer is always right. But maybe this is no longer the case. In a relatively simple world it was something that retailers could largely comply with but now that things have become a whole lot more complicated it might be the case that they are…
Read MoreProactively facing up to the returns headache
Retailers who do not offer their customers a free and easy returns process are likely to lose sales and customer loyalty, according to myriad pieces of research, which rather states the obvious. Research from payments company Klarna found 75% of customers say easy returns are an essential factor in their choice of retailer, 78% say…
Read MoreValuing people in an automating world
Automation, machine learning, and artificial intelligence have been driving the narrative around the retail industry in recent years whereas the people element has been somewhat sidelined. It has certainly not been seen as a central plank of the future for the sector. But we are seeing evidence of a growing realisation that it is people…
Read MoreDigital brands flocking to physical retail
Pure-play retailers opening physical stores is a growing feature of the industry’s landscape and is a trend that has taken hold in the US where there are around 600 such stores at present and the forecast is for around 1,500 of these digital-first brand outlets to be operating within the next five years. These retailers…
Read MoreTo disrupt or not to disrupt, that is the big question
Everybody knows the story of how Kodak failed to switch from photographic film to digital images and how Blockbuster made the mistake of failing to move out of physical videos and into digital downloads and streaming. There are many other examples of such calamities and there will no doubt be many more because one of…
Read MoreBreaking out of the prescriptive mindset
Big food and drink brands have ruled the roost for many years on supermarket shelves but an increasing number of people have lost their appetite for the established global products. Nowhere has the shift – let’s call it a revolution – been more noticeable than at the global giant Kraft Heinz. The company’s share price…
Read MoreDash shows innovation is more marathon than sprint
When they first appeared in 2015 there was some uncertainty about whether they really were a serious tool or just a joke. The Amazon Dash button might have been the victim of a little bit of ridicule early on but they soon found an audience of appreciative fans. The small Wi-Fi-connected buttons could reorder specific…
Read MoreContactless not universally convenient
Not long ago it was only at small independent coffee shops located in places like London’s Soho and trendy Shoreditch, towards the capital’s eastern end, where cash was regarded as a little bit of an unwelcome commodity. After ordering your flat white you would immediately be presented with a card payment device with the expectation…
Read MoreChanging face of stores happening in the background
It is clear that technology is changing the way customers use stores and that this in turn is driving retailers to adapt their physical outlets to better service these new requirements of shoppers. The latest example of this came from Tesco that announced the implementation of some major changes at many of its stores. The…
Read MoreTime to redefine department store
It is hardly revelatory to inform you that department stores are under great pressure as Debenhams, House of Fraser and even John Lewis are feeling the cold winds of change blowing through the retail sector as a result of consumption patterns changing dramatically. Spending in UK department stores has fallen for the past 13 consecutive…
Read MoreSneakers fuelling revolution in luxury goods sector
Nike raced into the running shoe market in the 1970’s to displace incumbents Adidas and Puma among others but what really cemented its position as a game-changing brand was releasing a version of its innovative ‘Waffle’ training shoe in blue to match the colour of jeans. This apparent small move turned what was a pure…
Read MoreViewpoint: Reducing waste packaging requires enlightened customers
Packaging is a particularly hot topic at the moment as a growing number of consumers recognise that much of the casing around the products they buy is arguably unnecessary. The major supermarkets have reacted to growing customer discontent and demand for more sustainable practices and now all have various initiatives in place to reduce or…
Read MoreViewpoint: Debate rages globally around data usage
Facebook has gone from being the darling of the tech sector to something approaching a pariah as it finds itself increasingly under attack. It is accused of exposing its members’ data to unscrupulous operators and for putting its profits ahead of people’s privacy. Its most vocal detractors are arguing that the power of its platform…
Read MoreViewpoint: Creative thinking essential for shopping centres
Shopping centre group Intu recently announced that it had identified space for 5,000 new-build homes and 600 hotel rooms that could be constructed alongside its centres as it grapples with the problem of what to do with its masses of space as its retail tenants endure tough times. This comes alongside news from the US…
Read MoreViewpoint: Fast fashion needs to face up to sustainability challenge
H&M is one of the leading fast fashion businesses but this massively successful company has recognised that a growing group of environmentally conscious shoppers are giving it – and the other fast fashion brands – a bit of a headache. Its core, young, customer is at the forefront of finding the wasteful nature of fashion…
Read MoreViewpoint: Keeping it real down the market
Whenever I make the journey to Barcelona, which seems to be quite frequent as the city plays host to numerous technology conferences, then a visit to the famous La Boqueria food market is an absolute must. It is held up as the benchmark for what a market should be and which all too often far…
Read MoreViewpoint: Algorithms determining service levels
Uber recently introduced a system in Australia and New Zealand that bans people from using the service if they are awarded low ratings by drivers. After a number of incidents of bad behaviour by certain passengers the company has brought in measures that take away access to its service for six months if people…
Read MoreOnline-only retailers spot opportunity on high street
In recent years many vacant retail units have been taken by food and beverage operators but as this sector has also come under pressure the level of empty units on high streets and in shopping malls is becoming an increasing problem. This situation has arguably been more acute in the US where even New York…
Read MoreMaturing digital newcomers spell greater competition
Mattresses and razors are among the product types that have been focused on by single-line specialist online-only retailers who have each sought to grab a small part of enormous target markets. The likes of Casper with its mattresses and Dollar Shave Club with its razors have been pioneers of such strategies and have led…
Read MoreKnowledgeable employees vital for success of physical stores
The good news for retailers sitting on a portfolio of physical shops is that consumers still prefer to go into stores rather than shop online. But the bad news is that there is a belief among many people that in-store employees hinder the shopping experience and need to be more knowledgeable. According to research…
Read MoreBarbershops playing important role on high streets
The future of high streets will very much be determined by a combination of localised offerings, a high level of personalization, and more service-led propositions, as opposed to simply identikit shops looking to sell consumers more commoditised stuff. Neatly fitting into this template-for-the-future is the barbershop. I personally had not really considered them as a…
Read MoreFuture delivery models are knocking on the door
In a relatively modest timeframe Ocado has pretty much gone from what some analysts described as zero to the stock-market now pricing it as a hero. From being among the most shorted stocks on the UK market it has moved into the FTSE100 index and arguably become the darling of the UK retail sector following…
Read MoreBravery can help retailers stand out
The recent news that Stella McCartney has bought back the 50% holding in her fashion business from global luxury goods company Kering will enable the company to much more easily continue with its preference for bucking conventional wisdom. Such actions help differentiate businesses and set them apart from the competition. Being able to take an…
Read MoreOld models increasingly float customers’ boats
Books and vinyl records should have been consigned to the dustbin by now – brushed aside by the digital revolution – if the earlier forecasts were to have been believed. But they are having something of a renaissance in just the same way as the seemingly dead milkman is also having a bit of a…
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 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 MoreKill your range as less really should be more for retailers
Many craft beer bars have a focus on offering an incredible array of beers but in some cases they go so far over the top that mainstream consumers find it rather off-putting. They cannot cut through the dizzying array on offer in order to make their selection. It’s akin to rabbits in the car headlights.…
Read MoreShopping malls and high streets both face online challenge
At a time when we are seeing retailers on the high street come under ever more pressure there continues to be examples of massive expansion by merchants at some of the marquee shopping centres. The results from Next recently highlighted how it was dealing with a tough balancing act as it manages the decline of…
Read MoreRetailers must re-align themselves around the customer
We know that retailers are facing challenging times, well spare a thought for the beleaguered newspaper industry. It has faced a torrid time at the hands of people choosing to read content online for free. Couple this with the mighty tough task of competing with the duopoly of Google and Facebook for the budgets of…
Read MoreIn-home is where it’s at
The next frontier of retail is in people’s homes. If customers won’t visit the store then the retailer could always visit the customer at their home. Waitrose is dipping its toe in the proverbial water here with the recent launch of its In-home wine tasting service. The company has recognised that it has over 200…
Read MoreVolume is what most brands really value
A few years ago if you wandered into a Poundland store you really would not have known what products you’d find on the shelves. This was because the business sourced many of its branded lines via third-parties because the brand owners would not supply the retailer direct. The issue was that the well known brands…
Read MoreRetail employment revolution
When the headlines deliver a constant stream of stories about shop closures and the abandonment of new store developments it is hardly surprising that employment prospects in the sector appear extremely poor. When you add in the developments around automation then it all sounds pretty woeful for the jobs situation in the retail industry. That…
Read MoreReady meals facing pressure from home delivery?
Restaurants and other foodservice companies are having a tough time handling the explosive growth now being experienced in home delivery. Increasingly impatient – and lazy – customers demanding instant gratification are fuelling the growth in food delivered to the home. The amount of meals cooked in the home is falling among younger people who find…
Read MoreLess stuff and more experience
Experience-led retail is without doubt the future of the physical store. The days when a trip to the shops would inevitably end up with people returning home laden down with bags of stuff look to be numbered. The combination of increasing online sales, and the trend for younger consumers to be buyers of social media-friendly…
Read MoreIKEA hops aboard the service trend
When kitting out the bedrooms of my house the decision about new wardrobes involved me employing a carpenter. But the cost was astronomical for the size and complexity required. Each of the carpenters from whom I took quotes suggested the best alternative was to source the wardrobes from IKEA and employ a professional DIY person…
Read MoreConsumers no longer beholden to the car
The major grocery chains built their portfolios of massive stores on the back of the phenomenon of the UK population getting into their cars, driving to their nearest out-of-town superstore, and doing their weekly/fortnightly/monthly mega shop. While plenty of people still undertake this ritual the trend is trailing off. Partly this is because more people…
Read MoreIssues with showroom stores
US department store chain Nordstrom is to open its first Nordstrom Local variant, which will act as a showroom where customers can buy a drink and relax but cannot take home any clothes. Instead they have to order them and wait for their chosen items to be delivered to their homes. This follows the strategy…
Read MoreSubscription services are all about the churn
Subscription services seem to have been flavour of the month for a long time as the number of product categories where customers can receive regular deliveries of products to their homes has grown exponentially. Recent research from Zuora has shown that 89% of UK adults now subscribe to such services. That’s a sizeable 58…
Read MoreSatisfying demand for instant gratification
Much has been made of the desire by younger consumers for immediate gratification and retailers are increasingly developing solutions that satisfy this impatience among a growing percentage of the buying public. This phenomenon has fuelled growth in vending machines, with new solutions hitting the market that offer a range of goods that take us well…
Read MoreNext needs to avoid Kodak comparison
Next has been a powerhouse of an online business with its Directory operation an early leader in selling clothing over the internet but things are grinding to something of a halt. In a fairly damning research note Berenberg recently warned rather colourfully that Next is running the risk of suffering the same fate as…
Read MoreBig fashion brands can learn a lot from upstarts
For Louis Vuitton the recent collaboration with US-based streetwear brand Supreme to produce a one-off range of goods must have been bittersweet. On the sweet side the tie-up, which saw the two sell through pop-up stores in London, Beijing, Tokyo, Paris, Sydney, LA and Seoul, created a massive demand for the collection. Thousands of customers…
Read MoreVoice-enabled technology finds its voice
The most natural way of communicating is through voice so it is hardly a surprise that there is growing interest in the use of voice-enabled technology for shopping. The recent ‘Retail Insider Digital Retail Innovations Top 50’ report listed Amazon’s voice-enabled Alexa solution as the number one retail innovation for the second year running. This…
Read MoreSecuring the future with vertical integration
Sheep, python, alligator and crocodile farms have all been on the shopping lists of the world’s foremost luxury brands in recent years as the trend for vertical integration continues to gain prominence within the retail industry. Ermenegildo Zegna purchased a stake in a sheep station in Australia renowned for its Merino wool, Gucci bought a…
Read MoreRecognising benefits of Direct to consumer
One of the things US craft brewers find particularly surprising about their UK-based counterparts is that the latter sell very little of their beer direct to the consumer. In the US many brewers sell pretty much all of their output through their own on-site tap rooms for consumption on the premises or for take-away, whereas…
Read MoreStores need to be constantly reinvented
Fast fashion is built around consumer appetite for a never ending stream of new products, which is to some extent fuelled by digital, and it is this that is also driving a mind-set of needing constant change in all things. This is manifesting itself in the way physical retail space needs to be increasingly dynamic.…
Read MoreShoppers’ continued need for speed
Even before any customers had actually been allowed into the first Amazon Go store in Seattle a whirlwind of publicity had been created, which forecast the advent of real frictionless shopping. Commentators loved the idea of people simply walking out of the store with their goods and their bank account being automatically debited for the…
Read MoreHumans and robots or humans versus robots?
For technology-focused individuals in the world of retail there really is no escape from Artificial Intelligence (AI) and machine learning. It is increasingly being applied to the likes of chatbots, which aim to imitate a human interaction with customers. This is pretty hot stuff right now. The ability to use this clever technology to engage…
Read MoreUK’s serious thirst for alcohol online
Despite the continued reduction in alcohol consumption in the UK (yes, it’s true, and it’s partly driven by Millennials’ lessened thirst for booze) the country is a leader in terms of sales made online – having the highest level among European consumers. Recent research from Profitero shows that 21% of consumers in the UK have…
Read MoreDifferentiation is real definition of success
It is somewhat ironic that in the early days of the internet fashion was regarded as one of the categories that were not expected to make the move online. Apparently shoppers were too wedded to the idea of touching, feeling, and trying on goods. Or so the theory went. Try telling that to the clothing…
Read MorePolarisation of shopping malls continues
Shopping mall operators in the US are proving an interesting investment opportunity for some of the country’s hedge funds who see them as worthy of their attention. But don’t think this is because they view them as growth stories whose values will increase. It is the complete opposite. They are placing bets on expectations that…
Read MoreBudget 2017 – far from a multi-channel affair
On budget day this week Alex Baldock, CEO of Shop Direct, gave a super presentation at Retail Week Live on the beauty of operating as a pure play retailer unencumbered by the hassle of operating high street shops. He did not refer to business rates specifically but there is no doubt that they are proving…
Read MoreShort term pain for long term gain
For the first time in a decade H&M has made changes to the guidance it gives investors on its expectations for future performance. It is to now focus on achieving 10-15% growth in total sales each year rather than on the long established aim of a 10-15% increase in physical store openings each year. This…
Read MoreMarketplaces lose some of their seamless experience
Ebay was a real pioneer when it emerged on the scene in 1995. Not so much because it provided a platform for people to buy and sell goods but because of its ingenious ratings system. It’s clever and very simple self-policing mechanism for buyers and sellers to rate each other was the gem that eBay…
Read MoreThe high value of simplicity
If I had a pound for every time I’d heard businesses talk about simplifying their customers’ experience! Well, if they had managed to deliver on this not-so-straightforward objective then they would have been able to grab more than a few quid. Apparently, a slice of a massive $86billion would have been up for grabs. That…
Read MoreMove over coffee, tea is back in town
We all know you cannot walk along a high street or venture into a shopping centre without tripping over branded coffee bars. And just when you thought we must be close to reaching saturation point, think again. The UK branded coffee shop segment is set to reach to 9,400 outlets and hit £6 billion of…
Read MoreDunelm makes serious digital play
The CEO of home-wares retailer Dunelm Group, John Browett, certainly has plenty of digital credibility – dating back to his days running the online business of Tesco in 1999 and then on to turning around the troubled Dixons business as it grappled with, and then embraced, the internet. His ease playing across multiple channels was…
Read MoreSleepy mattress market wakes up
Mattresses are an odd thing. Living in a relatively urban location in north London discarded mattresses are a regular sight on street corners, which has always seemed rather strange. My household does not go through them at quite the same cracking rate as others. Whatever the circumstances behind this apparent rapid turnover in mattresses –…
Read MoreLove them or loathe them, retailers can’t live without stores
Talk about a polarised view – the physical store seems to either be a millstone around the neck of some retailers whereas for others with a predominantly online presence there is desperation to get some exposure to good old bricks and mortar. Amazon seems to be on the cusp of opening convenience stores – up…
Read MoreChanging living styles impacting on retail sector
If I told you that luxury house builders are beginning to reduce the size of the rooms in some of their latest developments in London you might think so what? But this move is indicative of the change in the way a growing number of people are living and as a result retailers should take…
Read MoreBargain stores – low prices, big ambitions
As B&M casts its eye over the former BHS stores, with a view to further growing its presence in the UK, it highlights how the bargain stores are taking an ever greater slice of shoppers’ cash at the expense of others in the retail sector. According to Nielsen, British shoppers spent nearly £5 billion at…
Read MoreLandlords hungry for independents
Who has heard of The Fine Cheese Co.? Now, I’m betting that if you don’t live in Bath or London’s smart Belgravia then it is unlikely you will have come across this retailer. And that is probably just the way the landlord of its shop in the capital likes it. How about Traders or Pavilion…
Read MorePrimark and Asos moving to the ideal retail model. Or not?
Asos, Boohoo, Missguided, and Shop Direct are just a few of the online-only fashion retailers that are continuing to deliver outsized like-for-like sales increases. Leader of the pack Asos delivered a leap in sales of 30% for the four months to June compared with the same period last year and Boohoo’s recent numbers have been…
Read MoreThreat to retailers from brands selling direct-to-consumer moves up a notch
Everybody reading this will have heard of Unilever but probably fewer people will know of Dollar Shave Club (DSC) in the US. Well, the big news from across the Atlantic was that the former has just bought the latter for $1 billion. So what, you might ask. Well, the ramifications could be enormous for not…
Read MoreMore intelligent returns management needed
Margins on online sales are of significant concern to retailers because compared with selling via stores the delivery of goods to the home and via Click & Collect are somewhat slimmer. Profitability via non-store channels is a sensitive and problematic issue and one of the key components of this are returns, which are the bane…
Read MoreTime to introduce new metrics in-store
As the customer experience in-store becomes so much more than just about flogging goods to anybody who crosses the threshold there is a need for different ways of measuring performance. Retailers are now starting to incorporate much more technology in-store including tablets and smarter Point-of-Sale devices for rich ‘clientelling’ activity that can massively enhance the…
Read MoreTechnology must be used intelligently for personalisation
Since technology has traditionally been used to drive efficiency gains in businesses it is not surprising that it has been given the task of personalising the online experience customers receive – whether that is through tailored landing pages or the delivery of more bespoke search results. But great care has to be taken because relying…
Read MoreTake a leaf out of Inditex playbook with RFID
Inditex has long led the race for efficiency in the supply chain, with its Zara fashion chain the global exemplar in managing stock, and one of the key tools in its armoury is Radio Frequency Identification (RFID). Whereas most other retailers have not bothered utilising the technology there is a growing acknowledgment that as the…
Read MoreAmazon trying fashion for size
Amazon is undoubtedly a threat to all parts of the retail industry. Whichever part of the sector it turns its gaze on will inevitably come under pressure and right now it has fashion firmly in its sights. To this end it has invested in an extensive photo studio and appointed fashion writing specialists that have…
Read MorePoundland – breaking through the pound barrier
99p stores never had quite the same pedigree as Poundland so when the latter bought its cheaper-priced rival it was always going to be a tough task to bring things up to the required retailing standards. One of the achievements of the present management – led by the outgoing CEO Jim McCarthy – has been…
Read MoreWe know about the Millennials but what about the seniors
All the talk is of the Millennials and how they are the group that every company has to attract. Yes, it is fair to say, they are the future and that retailers’ longevity will be inextricably linked to doing business with them – now, or in the future at some point when they mature. But…
Read MoreFighting for digital expertise
Employment in the retail sector has been in the news over the past few weeks with the headlines highlighting the dramatic forecast that one million jobs will be lost from the industry by 2025. Whatever the ultimate figure, there is clearly going to be some big changes taking place – with the big driver digital.…
Read MoreSocial media sceptics need to revisit their thinking
Retailers continue to grapple with social media. For every organisation that regards it as a distraction, there is one that fully embraces it and uses it as a key tool for engaging with customers. The former camp will argue that it is it is difficult to put forward a business case for committing serious resources…
Read MoreSmall independent retailers need to embrace digital
Everybody likes Independent shops. Even those people who never cross the threshold of such businesses would undoubtedly say they are great fans of them if ever questioned in a survey about their shopping habits. What this says about surveys is that they have to be treated with a little dose of scepticism – some more…
Read MoreTime to think about artificial intelligence
Retail’s Big Show (organised by the National Retail Federation), aka NRF, in New York City each January is the big opportunity for IT suppliers from around the world to showcase their latest retail technologies. Most are simply the latest iterations of existing solutions and as such there are never many genuinely radical things on show…
Read MoreComplex issue of returns perplexing for fashion retailers
Reducing returns is an objective of every online fashion retailer and as the level of returned items is expected to outpace the growth in online sales the problem looks set to grow. But it would be a mistake to reduce returns at all costs as this would undoubtedly lose a retailer sales volumes. The fact…
Read MoreFood retailers ignore Millennials at your peril
Millennials are certainly a demographic grouping that secures its fair share of discussion in the retail industry as this 18 to 34-year-old age group has long been seen as attractive – based on their disposable income levels and the potential for merchants to grab them as future long-term loyal customers. Despite recognising their value, it…
Read MoreDeath by a thousand cuts for Daily Deals sites
Daily Deals websites have been a feature of online retail for some years. Pioneered by Groupon in the US this area quickly grew into a red hot part of the market as a host of me-too propositions appeared and wooed shoppers with this new way of buying. But it has gradually died a slow death.…
Read MoreAmazon developing new era of store retailing via Seattle book shop
Amazon recently opened a small book store in Seattle that taken at face value provides further evidence that the good old physical book store has plenty of life left in it yet, despite the havoc the behemoth itself has wreaked on the category over the last decade-and-a-half. Or does it? The likelihood of Amazon going…
Read MoreSmall is increasingly beautiful for UK shoppers
Asda recently announced it was to slow the pace of its openings in London and Sainsbury’s meanwhile stated that it was, in sharp contrast, to continue to open new units at a cracking rate. We’re talking about convenience stores, which have certainly been in the news of late and the coverage has highlighted how the…
Read MoreBack to the future for loyalty
Loyalty schemes were supposedly dead. The consensus was that they served little purpose when all the focus of shoppers and retailers was firmly on delivering the cheapest possible prices. Nothing was deemed worthy of distracting them from this mission. Such was the downbeat mood music around loyalty programmes that Tesco had its insight division Dunnhumby…
Read MoreGrowth of the hound pound
When pet shop chain Pet Pavilion announced it would be selling a non-alcoholic beer for dogs to enjoy when they accompany their owners down the pub then you know there is something happening (however odd) in the pet sector. The brew called Snuffle joined an array of upmarket products the business sells – across its…
Read MoreConsumer demand lures yet more reluctant retailers online
Both Poundland and Aldi have recently announced plans for launches of online stores after much deliberation and questions over whether the channel stacks up financially for value retailers. And Lidl has also been talking of making the plunge. The argument for going online continues to ratchet-up because every bit of research you care to read…
Read MoreIf only pure-plays had stores
Hardly a week goes by without some news of a pure-play about to open a physical store or rumours circlulating that a big-gun of the online world is investigating joining the multi-channel fraternity through adding bricks and mortar. This has been particularly prevalent in fashion and the reason is because the online-only guys have significantly…
Read MorePop-ups now a permanent retail fixture
When pop-ups first appeared on the retail landscape they seemed to have more than a whiff of short-term fad about them. They looked to be a very temporary solution to fill the numerous empty shop spaces that had become features across the UK’s high streets in the aftermath of the financial crisis of 2008. Brands…
Read MoreMade.com looks to make its multi-channel mark
It is not exactly a small time aspiration to become a pan-European rival to global behemoth IKEA but this is the aim of Made.com as it says it is targeting former customers of the flat-pack and meatball specialist. The raising of £38 million last week will have done its cause no harm at all as…
Read MoreRetailers begin to admit the true cost of click & collect
Avoiding cliches is a major rule in journalism but I’m forgetting that now because the recent decision by John Lewis to impose a £2 charge on click & collect orders just has to be described as throwing the cat among the pigeons. The reality is that for most retailers fulfilling online orders – in a…
Read MoreCan we hope for mid-paced fashion?
We’ve all heard of fast fashion but what about slow fashion? It’s an emerging trend that looks to reduce waste through encouraging fewer purchases of clothing, drive greater use of environment-friendly materials, and promote an embracing of ethical sourcing practices. Slow fashion involves a more pedestrian supply chain hence the name. This ultimately means it…
Read MoreEven mighty IKEA recognises the winds of change
In only the past couple of months there has been a stream of announcements from IKEA that all contribute to what it has been describing as its ‘transformational agenda’. It announced the opening of its smallest retail location so far – in Canada, it opened a pop-up breakfast-in-bed cafe in East London where beds could…
Read MoreBig book catalogues reach final chapter
Even very recently catalogues were seen as integral to the likes of Shop Direct, N. Brown and Argos – with millions of them distributed each year. But the acceleration of online sales has dramatically reduced these retailers’ reliance on paper-based catalogues over the past few years. Such has been the extent of the internet’s impact…
Read MorePoundland looking for certainty with 99p Stores purchase
There are few certainties in business and the retail sector specifically operates in an environment where there are now ever fewer guarantees. Where once growth was driven by simply adding physical stores, today’s digital world means things are a lot more complicated. What might have been regarded as a rare certainty was a green light…
Read MoreViewpoint – Transformational month for fashion retail
If there was ever a sign that the world of online fashion has grown up it came this past month with luxury fashion retailers Yoox and Net-A-Porter announcing their merger. There is no other way of describing this bit of corporate activity other than transformational. Not only for the parties directly involved but also for…
Read MoreViewpoint – Keep changing the proposition to stay relevant
Pret A Manger is a pretty successful business as evidenced by its recent results that showed it enjoying strong sales growth of 16% for 2014 – it has been in the double-digits annually for some years. But like any decent business the company continues to challenge itself in order that it does not go stale…
Read MoreViewpoint – Dragging furniture into the digital era
Furniture is bulky, it’s not a particularly frequent purchase, and arguably such high value items require a bit of touching-and-feeling before customers commit to making a purchase. This suggests the category is not particularly well suited to online transactions. Not so it seems as there has certainly been some action in this area…
Read MoreViewpoint – Easter puts spring into step of garden centres
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Easter is almost upon us and the big action in the retail sector is without doubt happening in the gardening sector. Apparently we…
Read MoreViewpoint – Innovations in ubiquitous click & collect
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Innovations in ubiquitous click & collect Everybody has to offer a delivery option nowadays it seems. Before the internet hit the retail scene home…
Read MoreViewpoint – Raise a glass to successful beer retailers
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Raise a glass to successful beer retailers As painful as it is to see that beer sales in my beloved pub industry have been…
Read MoreValue retailers’ popularity now perennial
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Value retailers’ popularity now perennial A few years back at the start of the recession Sir Terry Leahy suggested the discount retailers were enjoying…
Read MoreViewpoint – Not the end of the story for high street book shops
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Not the end of the story for high street book shops The resurgence in supposedly dying categories on the high street continues. In the…
Read MoreMany more anniversaries expected for greetings card stores
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. For something as simple as a bit of folded card with an image on the front and some words inside, greetings cards have looked…
Read MoreViewpoint – Logistics escaping its volume trap
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Logistics escaping its volume trap Logistics is so much about volumes – as City Link knows all too well. Yet many firms will try…
Read MoreViewpoint – Travel retail going places
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Travel retail going places It does not seem too long ago that stations and airports provided among the worst retail experiences for shoppers –…
Read MoreViewpoint – Forget sales per square foot, the future is about dwell time
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Retail was oh so simple in the days when stores were all about driving sales per square foot. Today it is increasingly shifting to…
Read MoreViewpoint – Retailers must answer the ‘why buy?’ question
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Retailers must answer the ‘why buy?’ question Retail is not only undergoing a digital revolution – with sales moving from physical stores to online…
Read MoreViewpoint – Biting the store bullet is only one of the property challenges
Retail Insider and K3 Retail bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Biting the store bullet is only one of the property challenges DIY is among the categories with the lowest level of sales derived…
Read MoreViewpoint – Massive opportunity for Luxury fashion online + Phones 4U demise inevitable
Retail Insider and K3 bring you a monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. Do you remember when luxury goods and fashion would never sell online? It is not that long ago that conventional wisdom (whoever or whatever…
Read MoreViewpoint – hypermarkets wither and coffee shops explode
Retail Insider and K3 Retail bring you the first in a new monthly column taking a look at some of the most pertinent and interesting topics of the day in the big wide world of retail. What role the hypermarket overseas? The woes of Tesco have certainly been well aired over recent months and the…
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