Store Closures – The Key Stakeholders: Retailer
2020 was an unprecedented year, with the Coronavirus health crisis and the impact of nationwide lockdowns and tiering creating never-before experienced circumstances.
Store Closures – The Key Stakeholders: The Administrator
When a company enters administration, it means it cannot afford to continue trading due primarily to too much debt and/or the inability to generate or borrow more cash quickly enough.
Store Closures – The Key Stakeholders: The Landlord
There are two impacts to reflect upon – the period leading up to a store closure and the closure itself. It’s likely that if a retailer is in difficulty, conversations will have taken place about rent reduction either proactively or as part of a CVA (company voluntary agreement).
Sustainability – the big conversation
UK Industry is, by its very nature, a big user of natural resources. With growing concerns over climate change and the finite nature of these resources, there is increasing pressure on firms across a whole range of industries to reduce their environmental impact.
The Future of Post Covid Retail: A Retailer’s Customer Toolkit
Customer experience has become a cornerstone of retail; it’s something that brands are measured on and that customers demand.
Looking ahead to a stronger 2021
Many sectors have been hit hard by a tumultuous year in 2020 but few more than the retail industry. With the global health pandemic leading to a national lockdown back in the early spring, all but essential retailers had to close their doors.
The Future of Post-Covid Retail: The Customer is King
Whilst the 2020 global health crisis has changed the retail landscape in many unexpected ways, the significant transformation already underway in the sector remains and with it, the many challenges retailers are already facing into.
The Covid-secure ‘Gondola Starter Device’
Demonstrating innovation whilst keeping colleagues & clients safe to ensure the job gets done. The ‘Gondola Starter Device’ installation tool is an innovative shop-fitting tool, designed and manufactured by Sigma here in the UK.
Why partner with Sigma to deliver your new instore concessions
With the growth of online retailing, changing consumer expectations and increasingly unpredictable buyer behaviours, supermarkets and food retailers are having to work harder than ever to attract new customers into their stores.
Managing Store Closures. What You Need To Know.
As retailers continue to navigate the challenges of transformation within the industry it’s inevitable that for some, the decision to close bricks and mortar stores will need to be explored. Ever-increasing overheads, reduced footfall and a channel shift online are all continuing to add to declining sales.