Debenhams is to pose a challenge for boohoo as the group has to boost sales and attract shopper preferences through differentiation.
Future of Work
The automation of workplaces combined with the impact of the COVID-19 pandemic led to millions of job losses across various industries, leading to an existential crisis among workers.
In recent years, there has been a shift to sustainable products and many companies have come under fire for contributing to pollution and have been called out for not taking enough social responsibility.
Permanent store closures were already rife in UK retail before the Covid-19 pandemic due to changing consumer habits and online shopping and many retailers have been quick to re-strategise and restructure their businesses to find...
Topps Tiles was adversely affected by the third national lockdown. Its H1 was a tale of two halves, with retail like-for-like sales growing 19.9% in its Q1, but nosediving 17.3% in its Q2.
Argy-Bargy or Lethargy? Here are some lost consumer trends that might not make a comeback post-pandemic
By now, it is a common consensus that the Covid-19 pandemic has acted as an ‘accelerating force’, whether we are talking about remote-working, the decline of the high-street or even rapid vaccine development.