Modern Retail's articles

  1. Holiday & Events
Retailers are increasingly recognising the importance of strategic planning for holiday shopping, with Christmas saving clubs being a notable element of this approach. These clubs, which have been a fixture for generations, allow consumers to set aside funds throughout the year specifically for their festive expenditures. By incorporating the mechanism of Park Christmas Savings, retailers […]
  1. Shopper & Customer
As the digital landscape continues to evolve, ecommerce personalisation has become a critical strategy for businesses looking to stand out in an increasingly competitive market. Personalisation helps to enhance the customer experience, increase engagement, and ultimately, drive sales. Here are some top tips to help you effectively personalise your ecommerce strategy. Understanding Ecommerce Personalisation Ecommerce […]
  1. Operations & Supply Chain
Dealing with returns has always been part of the retail landscape, and a painful frustration.  In fact, up until the last few years, this service has traditionally been enjoyed free of charge for the majority of online shoppers.  However, due to an increased desire to reduce the cost impact on a retailer’s revenue, many retailers […]
  1. International
UK Iconic store reopens, taps into vinyl resurgence It was always one of London’s most famous music stores, and so the reopening of HMV on London’s famed Oxford Street is one of the biggest retail news stories of the year. The shop had been closed since 2018 and replaced by an American Candy Store. The […]
  1. Trends & External Forces
While the retail sector outlook for 2024 is expected to be muted, hampered by ongoing macroeconomic challenges, weakened consumer demand and low economic growth prospects, retailers mustn’t let stagnation stifle innovation and future opportunities, the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts, warns.  With the UK economy set to tread water in 2024, […]
  1. Data & Insights
The ecommerce world is extremely competitive and, in the interest of saving both time and resources, it’s no surprise to see a growing trend towards AI-powered product recommendations. Generative AI, in particular, has been noted for its potential to create dynamic marketing campaigns and even streamline customer service. The ability to dive deep into customer […]
  1. International
The critical Cyber Week sales are nearly upon us, but there is time to do some last-minute preparation to make the most of this vital shopping event, insists Snap UK’s Ruth Arber. ‘Tis the season. You can’t help but notice the signs cropping up next to the Halloween sweets and pumpkin displays. Halloween isn’t even […]
  1. Media & Marketing
Using a more creative as well as analytical focus on data, brands can not only defend but also grow their subscription businesses and retail offers to drive more revenues and increase customer loyalty, says Jason Smith, VP at MoEngage. There have of late been a few high-profile stories about failures in the subscription industry, but what […]
  1. Data & Insights
With the help of ChatGPT and other conversational AI services, including Google’s Bard, the hype around generative AI has soared over the past few months, with industry experts quick to point to its fast-paced adoption and its potential to significantly revolutionise the retail industry. From generating product descriptions and dynamic pricing to improving data quality […]
  1. Technology & Innovation
The Modern Retail Ecommerce Technology Update October 2023 outlines some of the key trends in ecommerce technology today. Our team of industry-leading expert contributors explore some of the critical issues now facing ecommerce retailers. Topics covered include AI, cross-border multi-local fulfilment, post-purchase communications, digital quality and more… How To Read Click above to view the […]
  1. Trends & External Forces
In a world where hybrid office-remote work setups have gained widespread acceptance, the retail landscape is also undergoing a transformative shift towards hybridisation. The traditional boundaries separating physical brick-and-mortar stores from the digital realm of e-commerce have become increasingly fluid. Within the evolving retail sector, stakeholders are eager to discover the optimal strategies for a […]
  1. International
We regularly hear that every little bit helps, and if each of us does what we can to reduce our carbon footprint then it will add up to a huge positive impact on getting the UK to being carbon net zero by 2050. Makes sense to me. So, what does ‘every little bit’ mean for […]