Amidst a backdrop of high street closures, physical stores must offer a customer experience that cannot be replicated online.
It beats being bought for a pound like Homebase (?90 million isn’t too shabby), but House of Fraser’s acquisition by Sports Direct is nonetheless an odd retail story.
Insolvency practitioner Gavin Jones discusses the kind of damages that might be claimed from a holding company or its directors in the event of the insolvency of a subsidiary and the defences that might be available to mitigate these.
Experiential retail may be the high street’s only hope, says NetDespatch’s Matthew Robertson.
I’ve always believed that competitive advantage in business should be about applying enterprising ingenuity, delivering quality service and having excellent products.
While commentators have long predicted and lamented the death of the high street, its demise has never appeared so rapid as over the past month with John Lewis’s store closures, the shocking takeover of Homebase for just one pound, and Poundworld falling into administration.
“Buy it for life” trend could ease pressure on retailers looking to boost customer conversion and loyalty
Customers are increasingly shopping with retailers that allow them to spread the cost of purchases over a period of months with no additional fees.
A lot of things in life are circular. Be it fashion, music or indeed business, some things keep coming back into style. Let’s hope high street stores follow the same trend.
The UK retail industry has produced some of the world’s most iconic retail brands, and none arguably more so than Marks and Spencer. Many were surprised when it made the decision to close 100 stores by 2022, accelerating a reorganisation that it says is “vital” for its future.
Slow consumer demand on the high street is combining badly with spikes in inflation to create a tricky situation for business owners, who are spending less time planning for Brexit as a result. Whether or not this is “head in the sand behaviour is up for debate.
With old lumbering dinosaurs of UK retail dying out at quickening rates to be replaced by online-savvy brands, Charlie Mullins asks if we’re experiencing the death of the high street?
Business owners, funders and corporate finance specialists come together to debate the modern-day funding landscape and look at the best approach to securing growth capital.