Invasion, conquest, price wars. Reading the headlines you're tempted to conclude an all-out war has broken out amongst food retailers in the UK. Arguably, the main culprits are German budget supermarkets Aldi and Lidl, who seem to instill fear into the hearts of British supermarket managers at Tesco, Asda, Sainsbury's and Morrisons. Apparently, the big four are shaking in their boots.
MADE in Europe's campaign 'Every Garment has a Name' seeks to campaign for the rights of workers on campaigning days like these. They aim to humanise the high street by changing attitudes of clothing retailers in the long run, and looking for long term solutions of lacking development through education. Check them out, and get involved!
It is the best of times, if you're John Lewis, it is the worst of times, if you're Marks & Spencer. These two titans of British retail are going through very different experiences. John Lewis continues to grow robustly whereas poor M&S, despite the strength of its food business, desperately needs to turnaround its declining, core clothing business.
Abandonment rates are one indicator of the confidence consumers have in a store. Though some abandonment is normal it can have an impact on the bottom line if a lot of products are being dropped right before purchase. These are customers who were literally about to complete a sale but for what ever reason didn't feel comfortable enough to do so.