Insolvent Die hard. From a decade low in 2015, UK insolvencies have shot up 20%. Out of 2018’s 17,439 corporate failures, construction was hit hardest with 3,940 insolvencies, despite the demand for new homes. Then admin/support firms (3,346), retail (2,608) & manufacturing (2,092). Causes include Brexit uncertainty, business rates, pension enrolment & unsecured debt Guessed the…
Tag: retail
Omni-channel Clicks to bricks! Omni-channel retail works as we prefer a memorable buying experience to just spending money on a product/ service. A physical presence drives the buyer back to the e-commerce portal – the fabled ‘halo effect’. Innovative e-tailers jump from digital to physical, & reinvent themselves with a bricks-&-mortar shop Guessed the Word? …
Discount 1/3 of retailers find a percentage discount is the most effective customer incentiveLess than 3% of browsers make it to the Cart page on a retail website. Crowd logic highlights purchases by other shoppers buying the same item, & helpful small-ticket add-ons that complement what a customer is already buying Guessed the Word? …
GDP Royal wedding boost to UK economy estimate >£1bn ($1.4bn) in tourism, retail, restaurants, fashion & gifts. But till recently, VAT from small firms was excluded in GDP calculations. Volunteer work still doesn’t count, as no monetised transaction Guessed the Word? Series 24 (6/7) [pic: Jaguar E-type Concept…
Retail theatre Selfridge’s Work It Lab gets together forward-thinking employees to devise & champion new ways of working. “There’s no fun like work” ~ Harry Gordon Selfridge, 1909 Guessed the Word? Series 4 (2/6) [photo: cezary_p]