INTERVIEW RFID technology is becoming increasingly widespread - especially in fashion retail. Integrated into labels or hang tags, RFID chips are the digital signature of each individual product. They help retailers to build transparent supply chains, prevent losses permanently, optimise stock levels […]

As the number of coronavirus cases continues to grow both in the UK and globally, the government has announced its latest spate of measures to minimise its impact, including the immediate closure of all ‘non-essential’ stores for three weeks. In a televised address on Monday evening, prime minister […]

As the nation is told to stay at home, avoid unnecessary gatherings and only shop for essentials, the high street is starting to reel from the coronavirus impact. Retail intelligence experts Springboard on Monday revealed the blow on consumer activity, which saw a drop of -21.7 percent from the previous […]

Victoria's Secret parent company L Brands has paused e-commerce orders for both Victoria's Secret and Pink as they begin closing distribution centers through March 29. L Brand's Bath & Body Works orders will be handled by a third party company in the interim. In response to coronavirus, L Brands has […]

Laura Ashley says that it will permanently shut 70 stores and cut several hundred jobs as its business has suffered greatly due to coronavirus. Laura Ashley was already struggling prior to coronavirus, but with the hit the retail sector took, this wasn't helping them turnaround any. Sales have fallen, […]

Unprecedented times call for unprecedented measures. John Lewis is the latest retailer to temporarily close its stores during the coronavirus crisis, the first time the high street giant has done so in 155 years of trading. All 50 sites will cease trading on Monday, John Lewis’s board confirmed. According […]

New York - Harrods said it will keep open its Food Halls and pharmacy, but shut the rest of the iconic department store in Knightsbridge, London. From 7pm Friday 20 March, Harrods' closes its doors until further notice, exception made of its Food Hall and pharmacy. The news came in days after it reduced […]

ANALYSISNew York – China was the first market severely affected by the novel coronavirus pandemic, offering a great example both in terms of fighting the virus outbreak and in order to keep the retail industry afloat. From planning ahead to ensure supply chain strength to focus on securing a healthy […]

As the UK was forced into lock down on the weekend the high streets across the nation were eerily empty. The reduced footfall will see an enormous impact on financial forecasts and results, with companies like Burberry and Fraser’s Group already issuing profit warnings. On Friday the UK Government announced […]

As visitors, shoppers and tourists are forced to stay home during Europe’s lockdown against the spread of COVID-19, it has left retailers with little option to close stores. But now high streets and luxury retailers are working collaboratively to show their collections in other ways. London on Thursday […]

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