Football’s not coming home and nor are staff in UK stores (until their usual shift finishes).
Pre-tax profit at Superdrug was up 16% last year off the back of £1.24 billion revenues. Retail Connections has picked out some of the key drivers of its success.
As large chains continue to shutter a significant number of UK retail stores, there are calls for different landlord-tenant relationships. At this year’s Retail Design Expo there were some intriguing insights shared about this subject in relation to the shopping centre sector.
Online marketplaces are in focus again, so we caught up with Pivot International’s Neil Tunbridge to consider the key issues surrounding this e-commerce route to market.
Store profitability is falling, that’s not in dispute. In the face of currency exchange costs, rent and rates, workplace compliance and online shopping, stores are simply not generating the margins they once did.
There are some interesting marketing tactics being used by online marketplace Wish as the World Cup in Russia gets under way.
Rent, rates and lease agreements that make up the retail property market have failed to keep pace with the shape of modern retailing; that’s now agreed. It’s the classic landlord tenant dilemma – neither see the other’s point of view and the relationship is primarily adversarial.
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