Posted by: FSPRetail , 25 November 2011
In the wake of a 38% fall in annual profits and a 4.4% drop in like-for-like sales in the most recent 12 weeks, Arcadia has announced that it is closing more than half the 450 stores due for lease renewal in the next few years. read more…
Tags: RETAILERS, FUTURE OF RETAILING
Posted by: FSPRetail , 17 November 2011
2011 is the centenary of the publication of The Principles of Scientific Management. The author, Frederick Winslow Taylor, was the first to recognise that measurement is the key to improving the efficiency of repetitive tasks. That insight is still being developed. For example, it is now possible to measure the number of new and repeat customers in a shop, their dwell times and the window conversion rate – all for £125 a month. read more…
Tags: GEOFF'S VIEW, RETAILERS
Posted by: FSPRetail , 09 November 2011
The demand to understand the future course of UK retailing has grown sharply. A joint FSP and twentyretail research project published in Estates Gazette in 2010 continues to be up-dated and is proving prescient.
The need to know what lies round the corner is driven by unease within the UK retail property market. The fall of DTZ, articles such as Property Week’s “Retail’s Exiled Agents”, unprecedented levels of shop vacancies in some locations and record rents in others, are a few indicators of the dislocation of the UK retail property market. read more…
Tags: RETAILERS, FUTURE OF RETAILING, RETAIL PULSE