Business & Industry
Future of Retail Q1 2022
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How independent retailers can adjust with rising costs across the supply chain
Rising fuel costs and supply chain price hikes are leading to inevitable price rises for retailers. However, there are steps that can be put in place for hard-pressed independents. With the soaring cost of energy prices, fuel and the supply chain, it’s no wonder that small independent businesses are going to be facing a huge...
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Storage is expanding to accommodate growing ecommerce industry
As the high street gives way to online shopping and warehouses become increasingly important, it seems inevitable that logistics will become the new retail. Warehousing has never had it so good. Across the UK, everywhere you look, there is evidence of investment in a real-estate sector that used to be below the radar. These huge...
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Seismic changes for retail as rules of trade shift
The world of retail is undergoing a huge transformation driven by consumer trends, logistics and global forces. In the past two years, retailers in the UK have had to adapt to significant headwinds from rising shipping costs, the introduction of the EU-UK trade deal and new friction in supply and sourcing chains. Major EU trade...
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What does the future of ecommerce look like for retailers?
Businesses spend a lot of time agonising about the future of commerce, particularly in the digital field. A common subject of conversation is can companies keep ahead of technological developments and how may it impact their future success. Staying ahead of the game is crucial. Securing future success Predicting future technologies is difficult, if not...
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The digital future of retail: how tech may rescue the high street
Digital is the future of retail and as we move on from the pandemic, we must think more about the role tech and digital can play in the future of our high streets. Digital tech is now as essential to retail as good product placement, signage and friendly staff. From checking the opening hours of...
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Action on business rates could help small retailers recover and grow
Small retail firms need the right support to get back on their feet and expand, we feel that tangible changes to the business rates system are a good place to start. Retail businesses have had an unreliable two years, faced with ever-changing restrictions, staff shortages and rising inflation. Confidence levels in the sector are much...
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Four significant areas where shopping will change in 2022
The way shoppers interact with retailers is set to undergo significant changes throughout 2022. After a challenging 2021 – characterised by disruption, transformation and the impact of the ongoing COVID pandemic – the way customers engage with retailers is set to become more complex. Industry expert Tony Lorentzen points to four key areas where retail...