Is Black Friday an opportunity or a threat for retailers and/or consumers? As this US imported event extends from the traditional one day to two, three and five days – or even a fortnight – is it a question of jumping on the discount bandwagon? How is this...
This week has seen three major retailers release their figures with three very different takes on the current retail scene. IKEA To begin with the positive, IKEA’s total turnover increased marginally in the year end to August 2018 to €38.8bn with 422 stores in 50...
Retail has hit the headlines again with the news of Mike Ashley taking over House of Fraser. His aspiration is to make it the “Harrods of the High Street”. Changing the direction of any big company is like plotting a new course for a super-tanker. It’s slow and takes...
“Consumerism is about buying things we don’t need, with money we don’t have, to impress friends we don’t have time for” according to Leo Horrigan and is the opposite of conscious consumerism. What is a conscious consumer? What do they buy – or...
So what IS the story with retail today? Recent news stories are full of the apocalypse that is happening in the retail world. Here is a typical example: I won’t cry for Homebase, but I fear for our high streets. The home and DIY chain is the latest to succumb to a...
The retail apocalypse is being predicted by analysts on a depressingly frequent basis. Perhaps that’s why an article from the Retail Gazette in the UK caught my eye recently with the headline, “Independent retail store openings soar as major chains face downturn”. UK...
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