UK Retailers are demanding cuts in business rates to stem the tide of vacant shops on high streets. The heads of over 50 retail brands – including Boots and Asda – have sent a letter to the government urging urgent changes in tax, to bolster up bricks and mortar outlets. Meanwhile, a multitude of ground-level [...]
When performing the retail executive search, looking for what they have to offer is key, but what about what the company has to offer? Does it make any difference? Many techniques are used to recruit new retail executives, but there are methods and knowledge that can be easily forgotten. Reputation Statistics have shown that working [...]
The UK's retailers are currently going through something of a worrying period. Sales are down dramatically year on year, and with Brexit uncertainty still surrounding everything that we do on a daily basis, it is unclear when things will start to pick up. However, even amidst the doom and gloom, there are particular rays of [...]
In the past, there has been an insidious precept that even the most gifted marketers should stay in their groove, which means making the transition to general business decision making is a leap too far. One survey of CEOs found that only 2% had previously led marketing teams, while 31% had headed up some other [...]
The UK retail industry has recorded the most prolonged period of falling sales since 2011. Business analysts have suggested the downfall is the result of the unhealthy business environment created by concerns surrounding Brexit. Reports by the Confederation of British Industry indicate that the sector experienced falling sales for the third month in a row [...]
During the good times, management energy is rarely expended on worrying about any violations of executive-level employment agreements when hiring new executives. But during downswings, companies are hawk-eyed. For these companies, market share plays a very important role that the management has to be extra vigilant about. Poaching C-suite executives: the considerations In retail, recruiting [...]
Latest industry figures suggest that Scottish retail sales fell overall by 2.3% in June 2018. Although food sales increased by 0.8%, non-food sales – in particular, fashion sales – had suffered a decrease throughout the year. Ewan MacDonald Russell, Head of Policy for the Scottish Retail Consortium (SRC), commented that there was a “clear trend” [...]
The phenomenal rise of the consumer economy and the emergence of omnichannel retail have drastically changed how retailers operate. The transformation calls for a complete reinvention of the role of the store and fulfilment for stores to remain profitable. Therefore, retail CEOs must steer their companies into uncharted territory by reorganising and repositioning their companies’ [...]
With the world changing as rapidly as it is, each year will always be different. Luckily, there are some trends you can be aware of to help you keep up. Many of the current trends in the retail executive search industry are responses to challenges search firms face, while others reflect what companies are looking [...]
The British Heart Foundation has been commended for its long-term commitment to protecting the environment and promoting sustainable activities. The charity, which was formed in 1961, was handed the award by the Charity Retail Association earlier this week, with much of the associated praise directed towards current Sustainability Manager David Roman, who has driven the [...]