In the past year, incidents of shoplifting across the UK have shot up by a massive 25%, with leading retailers including The Co-operative reporting a loss of £33m in stock across the first six months of 2023. Shoplifting has always been a big concern for retailers; after all, you can’t sell stock that you simply […]
Keeping Temporary Christmas Staff Motivated to Protect your Bottom Line
Between the thousands of temporary workers looking to earn a few extra pounds in the run up to Christmas and businesses needing to make sure there are enough bodies on the shop floor, the British retail sector is due to swell by almost 28,000 members of staff over the 2022 festive season. With an increase […]
Three Festive Predictions for Businesses in 2022
Historically for most retailers, Christmas has been what it’s all about! Months and months gearing up towards the busiest time of year with so many of us heading to the shops or scouring the internet for that perfect present. 2021 saw one of the biggest festive spends in history – a perfect storm of Christmas […]
The Rising Cost of Lurpak – What Can Your Business Learn from 2022?
There have been so very many surreal moments coming out of 2022’s news bulletins and one of the most jarring had to have been last month’s butter coverage! June saw the price of Lurpak soar to around £9 per kg leading some supermarkets to add security tags to the popular breakfast spread. Lurpak’s parent company Arla explained […]
How the UKs Cost of Living Crisis Will Affect Retailers in 2022
The UKs cost of living crisis has dominated headlines and bottom lines so far this year and it shows no signs of letting up any time soon. Alongside yet another interest rate rise this month, an increasingly gloomy Bank of England predicted that inflation will peak at 10.2% towards the end of 2022. With wages […]
The Fragility of the Global Supply Network: 6 Surprising(ish) Items That Will be Impacted in 2022
It’s hard to forget those empty shelves and ‘out of stock’ pop ups of early 2020. Heightened demand as we all faced the prospect of months on end at home led to product shortages left right and centre. You could be forgiven for thinking that the world and our access to all of the things […]