Uncategorised

This has been largely driven by the massive increase in e-commerce and online retailers such as Amazon – a company that accounts for a quarter of all warehousing space in the UK. In late 2021, property agent Cushman & Wakefield predicted that the UK could run out of warehousing space within a year. Over 12 […]

As Elon Musk has driven cost cuts even deeper into Twitter, he’s shown even the most loyal lieutenants aren’t immune from the scalpel. Among those laid off in one of the biggest rounds of job cuts since Musk’s late October takeover was Esther Crawford, a product director at Twitter who rose to prominence early in […]

One of the most significant shifts is the integration of SCA. It’s a great way to guard off fraudulent attacks and provide customers with data protection, but it comes at a cost – a friction-infused customer journey. Signifyd’s survey has demonstrated that customers are touched by the changes. In fact, 36% of UK respondents have […]

HNH owns and operates Harvey Norman, Domayne and Joyce Mayne brands. Total system sales revenue for the year was $4.98 billion while company-operated revenue reached $1.47 billion. EBITDA fell 8 per cent to $694 million while tax-paid profit slumped 15.1 per cent to $365.9 million. The group’s overseas retail profitability declined 22.5 per cent to […]

Ben Dorber, head of retail statistics with the Australian Bureau of Statistics (ABS), said January’s rise followed a 4 per cent month-on-month fall in December and 1.7 per cent rise in November. “Looking through this volatility shows that turnover is at a similar level to September 2022, and on average, growth has been flat over […]

For retailers closely watching consumer confidence levels and spending trends, getting an accurate reading about what lies ahead can be challenging. It matters not just to gauge demand levels but to understand customer mindsets and the operational responses required to remain competitive. This has become more crucial as the economic cycle continues to shift. In […]