2018 – The End of Retail?

2018 – The End of Retail?

Pro Ganguly Blog, Retail

2018. A year like no other for the retail industry and for those who work in the industry. So far, this year: • Maplin and Toys R Us have disappeared from our high streets • Poundworld is in administration with the search for a buyer not looking promising and 5,100 jobs at risk • M&S, Mothercare, House of Fraser, Carphone …

Why Company Voluntary Arrangements need to be reviewed

Why Company Voluntary Arrangements need to be reviewed

Jeremy Smith Blog, Private Equity, Retail

In this discussion piece 4C Associates’ Jeremy Smith shares his views about how Company Voluntary Arrangements have become the go to solution for a number of PE firms and how this can unfairly affect suppliers. Many retailers are caught up in a perfect storm characterised by weak consumer spending, increased competition and the shift to online shopping. The latest figures …

Buying fast and slow

Buying fast and slow

William Tickel Blog, Procurement, Retail

Businesses who aren’t paying attention to how they can learn and exploit the insights generated by behavioural economists, should expect to fall behind to those that do. BE insights focus on decisions we make under uncertainty i.e., most of the time. When we shop for example, there are so many different products available, that it’s impossible to objectively know the …

Is Amazon Go the future of retailing?

Milan Panchmatia Blog, Retail

The launch of the Amazon Go convenience store is a much anticipated event and for many, they see this as the future of retailing. The ability to have frictionless shopping experience where AI, cameras and sensors monitor your every move and allow you to shop without interacting with a cash register or sales assistant. Whilst Amazon is pioneering this technology, …

Do we need an Amazon bank?

Do we need an Amazon bank?

Milan Panchmatia Blog, Retail

My personal and family shopping habits have changed over recent years, and like many we spend an unreasonably large proportion of our money shopping with Amazon. At Christmas time the procession of delivery vans clog up our street and whilst we don’t ‘tip’ the milkman anymore at Christmas I can see a time when we will do so with the …

How did we run out of fried chicken? 5 lessons on switching suppliers, freshly served by KFC

How did we run out of fried chicken? 5 lessons on switching suppliers, freshly served by KFC

Adam Strauchold Blog, Retail, Supply Chain

Over the last week we have been witnessing a crisis at KFC in the UK. In case you have not heard, KFC is suffering a failure of delivery of chicken to their 900 restaurants, as a result of a new logistics supplier failure (DHL and QSL). Images of empty chicken shops and lorries queueing outside a depot, where crates of …

Why the Aussie sizzler can’t trump the British Cumberland - What went wrong for Wesfarmers and what can retailers learn from it?

Why the Aussie sizzler can’t trump the British Cumberland – What went wrong for Wesfarmers and what can retailers learn from it?

Pro Ganguly Blog, Retail

The Bunnings sausage sizzle – something of an institution down under. Many an Aussie has ‘fond’ memories of being dragged down to their local Bunnings hardware store whilst growing up by their parents on a weekend to stock up for various DIY projects. But, what made it worthwhile was on exiting the store, they would be treated to the famous …

Professional Shopping as an alternative to classic Procurement in FMCG and Retail

Professional Shopping as an alternative to classic Procurement in FMCG and Retail

Emanuel Modrovic Blog, FMCG, Retail

In the fast moving FMCG and retail market, responsiveness and speedy time-to-market require very lean and quick processes. While this is not a ground-breaking observation, it is surprising how many FMCG and retail firms still grapple with running streamlined operations to allow them to do just that. Depending on the respective market positioning, a reactive stance to the latest trends …

Procurement in the omnichannel era

Procurement in the omnichannel era

Gopal Iyer Blog, Retail

Businesses today are undergoing massive changes as a result of three enablers: Globalisation, Technology and Supply Chain. This trend is most evident in the retail industry where globalisation has allowed products to be designed for global taste and be produced at the lowest cost; and supply chain fundamentals have supported businesses with flow of goods, information and money. Technology, on …

Brexit – New opportunities for Chinese businesses?

Brexit – New opportunities for Chinese businesses?

Felix Benscheid Blog, Brexit, Retail

With Brexit being the leading creator of uncertainty, especially for European businesses, the undefined current geopolitical situation is heavily influencing international business. Even though some may argue that the impact of Brexit on China will be limited, Brexit and its following agreements will create political and economic opportunities and threats that will not stay unrecognised. The ambiguity on currency fluctuation, …