Retail Critical Issues

Please find enclosed the invoice for the design and layout of Craft Butcher April issue.

The retail sector cannot escape the economic impact of COVID-19. But, despite the difficult economic outlook, is now the time to invest in technology?

The COVID-19 pandemic has reinforced the importance of digital transformation in procurement and supply chain management according to a new study from Ivalua, a leading provider of global spend management cloud solutions.

The total number of UK online fashion checkouts increased significantly in May, up 115% year-on-year, according to True Fit, the personalisation platform for apparel and footwear retailers. However, Average Order Value (AOV) remained down compared to last year, -9% for the first three weeks in May.

New research (1) from JGOO, the next generation leader in digital commerce, reveals that over the next six months 35% of UK adults expect the level of their online shopping to increase compared to 18% who anticipate it will fall.

The Chancellor’s announcements on the Job Retention Scheme are welcomed and more generous than anticipated, but the flexible furlough could lead to higher Government costs and hit productivity, says tax and advisory firm Blick Rothenberg.

The lockdown has truly shed a light on how isolation, loneliness and exclusion can affect us so there is no better time than the present to incorporate immersive marketing tools into business strategies to provide a more inclusive and accessible service.

During the COVID-19 outbreak, the automotive industry has been hit hard by shutdowns of factories and sales around the world. The pandemic has slowed down global car sales and is shifting consumer behaviours in travel. Over the long term, COVID-19 could have a lasting impact on the mobility landscape.

A new survey of grower associations, by the International Association of Horticultural Producers (AIPH) and FloraCulture International (FCI), reveals nearly three-quarters (71%) believe that most growers will soon recover after this crisis.

As a result of Covid-19, two-thirds (60%) [Q13:AY17] of UK retail companies are overhauling their business strategies, with almost half (42%) [Q12A:AY5] looking to invest in digital.

A new study from Juniper Research found that the number of instant messaging users will reach 4.3 billion in 2020, rising from 3.9 billion in 2019. This is a growth of 9% year-on-year, largely driven by an increased need for remote communication during the COVID-19 crisis.