High street retailers are under pressure from online competition, but the use of...
Aldi is updating its shopping guidelines amid Covid-19 pandemic
Many consumers in the UK have completely avoided going to the shops during lockdowns due to COVID-19, resulting in a heavy reliance on online deliveries instead.
Superdry’s turnaround plan threatened as Covid-19 dampens clothing demand
Superdry’s woes were amplified in its final quarter of FY2019/20, with the impact of the COVID-19 pandemic stifling demand for clothing and footwear. While its CEO Julian Dunkerton has had significant plans to revitalise the company, the outbreak has put a major spanner in the works, with revenue declining by 36.9% during Q4 FY2019/20, resulting in sales for the full year falling by £166.2m to £705.5m.
Waitrose expands home delivery fulfilment to cope with Covid-19 demand
Newly appointed John Lewis Partnership Chair Sharon White has truly had a baptism by fire during her first two months in charge, as she attempts to steer the already struggling retailer through the tumultuous waters of Covid-19.
H&M’s China performance reveals how Covid-19 impacts retail post-peak
On Friday 3 April H&M published revealing weekly sales figures for its China division, providing other fashion brands with insight on how sales will be impacted in particularly hard hit Covid-19 markets over the next few months.
DICK’S Sporting Goods to open four new stores in March 2020
US-based full-line omnichannel retailer DICK'S Sporting Goods is set to expand its footprint in the country with the opening of four new stores this month.
Apple temporarily closes all stores in China due to coronavirus
US technology company Apple has temporarily closed all of its 42 retail stores in China as coronavirus continues to spread.
Video technology: The future for high street stores
High street retailers are under pressure from online competition, but the use of video technology could benefit in-store operations and keep consumers coming into the shops. With innovations being introduced in stores such as Whole Foods installing a robotic barista in the US, video technology within the retail industry could be a positive step.
Sports Direct Group profits rise as House of Fraser starts recovery
UK retailer Sports Direct has reported an increase of 160% in profit before tax from £74.4m to £193.4m year-on-year for its half-year results ending 27 October 2019, due to improved trading results and profit from the sale and leaseback of its Shirebrook campus.
Moss Bros: Tailoring personalisation for e-commerce
The UK menswear sector is expected to reach £17.1bn by 2022, which can be partially attributed to companies offering more personalised experiences through their e-commerce channels. Retail Insight Network talks to Moss Bros head of e-commerce, Matthew Henton, about its recent partnership, with AI-powered omnichannel personalisation engine Dynamic Yield, to tailor its in-store experiences to online.