GlobalData Retail head on Wilko’s collapse: Insights from Parliament inquiry

Amazon launches physical Second Chance Store in London; CMA investigates competition in UK grocery sector; and Starbucks Taiwan unveils its first Greener Store in Shalu Beishih 

View in browser View in browser  |  Forward to a friend  | Signup In Brief December 01, 2023 | Up-to-date international news and features on the global retail industry Spotlight GlobalData Retail head on Wilko's collapse: Insights from Parliament inquiry GlobalData's O'Brien highlights a decade of mismanagement, reluctance to change, and financial fiascos behind Wilko's collapse. Answer our poll question Latest news Amazon launches physical Second Chance Store in London The sale of second-hand goods in the UK has increased when compared to last year. CMA investigates competition in UK grocery sector The CMA found that while retailers grasp the need to demonstrate value to consumers, they are challenged by rising costs. Starbucks Taiwan unveils its first Greener Store in Shalu Beishih The store features exclusive merchandise, a specially designed Starbucks Card, and a new beverage type. Read more news In-depth read Personalization has grown alongside online retail Personalization has increased as technologies have advanced, with a retailer's ability to collect, analyze, and utilize consumer data being aided by the effective use of analytics tools. Consumers are also increasingly individualistic, especially Gen Z, and want products that are specifically targeted to their needs and goals. These consumers are often willing to pay a premium for such items. Personalized products are currently especially prevalent in the health & beauty sector, due to the links to the health & wellness trend, which is also particularly important to young consumers. GlobalData network Packaging Gateway   |   Just Style   |   Just Drinks   |   Just Food Thank you for reading. Please send any news or comments to: consumer.editorial@verdict.co.uk Contact us LinkedIn | Twitter Editorial consumer.editorial@verdict.co.uk Advertise with us Click here About Retail Insight Network retail-insight-network.com is one of a network of 30+ proprietary B2B websites, with an unrivalled global audience of active decision makers, influencers, and opinion leaders across the world with a combined readership of 55 million industry professionals each year.   Was this email forwarded to you? Sign up here GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom Unsubscribe Manage Preferences London