The ‘Golden Quarter of Retail’ is one of the most profitable periods of the year, but the cost of living crisis could mean retailers struggle in 2022. What can be done?
The Golden Quarter of Retail, approximately between October and December each year, is typically retail’s most profitable period. Shoppers are planning for the Christmas period earlier than ever–59% of consumers will plan gifts at least a month before the holidays–and Black Friday offers another opportunity for companies to maximise profits. However, the Golden Quarter of [...]
Are you already planning your 2023 retail operations strategy? This is how you could future-proof your operations with the help of RFID for retail.
We’re over mid-way through 2022, and despite optimism regarding recovery from the recent Covid-19 pandemic, this year has had its own unique challenges for retailers. Across Europe, rising inflation has impacted consumer spending, while supply chain issues have also been exacerbated by Russia’s invasion of Ukraine. As a result, the retail sector is suffering from [...]
Unfortunately, there are still challenges for retailers to overcome in 2022. But an innovative solution like cloud-based inventory software could offer a way to thrive.
While the effects of the Covid-19 pandemic may be lessening, retailers still face plenty of challenges in 2022. Supply chains remain volatile as countries around the world experience new waves of Covid-19 infection, and companies are also struggling with worker shortages. In addition to this, inflation is affecting retail operations. Businesses are seeing price hikes [...]
- Case Study
- News & Events
- Retail Insights
- Solution Brief