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Half of britons to spend less this christmas – kantar
Date: October 24, 2022
LONDON (Reuters) – Half of Britons plan to spend less on Christmas this year as a cost of living crisis, amid surging food and energy costs, curtails their purchasing power, market researcher Kantar said on Monday. It said one in three shoppers who expects to spend less plans to cut gift budgets for close friends...
Convincing consumer experience – an absolute necessity for survival
Date: October 20, 2022
By Professor Dr Wolfgang Merkle is Professor of Marketing & Management at UE – University of Europe for Applied Sciences in Hamburg and owner of ‘Merkle. Never before has brick-and-mortar retail been under as much pressure as it is currently – competition has intensified significantly and is now being stepped up from a wide variety of areas...
Cracking the code of customers’ future value in retail
Date: October 10, 2022
By Stuart Russell, Chief Strategy Officer, Planning-inc Retailers have faced a series of challenges over the past half-decade. First, the shift from high street retail to online shopping meant a challenge for many on how they approached sales. Then the pandemic swept in, already over two years ago now, and it radically changed customer behaviour....
Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis
Date: October 10, 2022
(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food and energy bills over the winter, while many are bringing forward scheduled wage negotiations. Here are some of the examples by sector: AUTOS, AIRLINES AND TRAVEL: BREMBO Brake maker Brembo in May announced a...
Adidas puts partnership with kanye west under review
Date: October 7, 2022
FRANKFURT (Reuters) – German sporting goods maker Adidas on Thursday said it has put under review its business partnership with rapper and fashion designer Kanye West. “After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review. We will continue to co-manage the current product during this...
London’s battersea power station reborn as office and shopping hub
Date: October 5, 2022
By Sachin Ravikumar LONDON (Reuters) – London’s Battersea Power Station reopens next week as a glitzy hub of offices, flats, restaurants and shops after decades of failed attempts to reinvigorate one of the capital’s most iconic buildings, often described as the “Everest of real estate”. The 1930s power station once supplied a fifth of London’s...