You are in:
Home » Editorial » EDITORIAL How Morrisons, M&S, Burberry, JD Sports and Hammerson are evolving their businesses as the shape of retail continues to shift
EDITORIAL How Morrisons, M&S, Burberry, JD Sports and Hammerson are evolving their businesses as the shape of retail continues to shift
In today’s InternetRetailing newsletter we’re reporting as the latest UK trade figures show that exports to the EU fell by 41% in January – and took overall UK trade figures to their biggest monthly decline since the ONS’ records began. We consider the figures from an ecommerce perspective.
Hammerson shows, in full-year figures, how much retail and the role of shops has changed in the last year – but even though it has taken a £1.7bn hit this year as a result of Covid-19 lockdowns it’s now expecting to see demand rise in city centres long-term. It’s worth pointing out that the retail developer and operator was selling its retail parks and focusing on the ‘best’ and ‘exceptional’ shopping centres for investment – just a month before Covid-19 upended its predictions and shopping shifted instead to retail parks and local shopping streets.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
You are in: Home » Editorial » EDITORIAL How Morrisons, M&S, Burberry, JD Sports and Hammerson are evolving their businesses as the shape of retail continues to shift
EDITORIAL How Morrisons, M&S, Burberry, JD Sports and Hammerson are evolving their businesses as the shape of retail continues to shift
Chloe Rigby
In today’s InternetRetailing newsletter we’re reporting as the latest UK trade figures show that exports to the EU fell by 41% in January – and took overall UK trade figures to their biggest monthly decline since the ONS’ records began. We consider the figures from an ecommerce perspective.
Hammerson shows, in full-year figures, how much retail and the role of shops has changed in the last year – but even though it has taken a £1.7bn hit this year as a result of Covid-19 lockdowns it’s now expecting to see demand rise in city centres long-term. It’s worth pointing out that the retail developer and operator was selling its retail parks and focusing on the ‘best’ and ‘exceptional’ shopping centres for investment – just a month before Covid-19 upended its predictions and shopping shifted instead to retail parks and local shopping streets.
Morrisons saw its online sales triple in its latest financial year – and the retailer’s figures show how that’s been bolstered by finding a range of different ways to deliver online orders, from Deliveroo to Amazon and most recently stocking the new ‘just walk out’ Amazon Fresh shop. Burberry, too, has let digital lead in the search to grow sales during the Covid-19 pandemic – today we report that it is raising its profit expectations as fourth quarter sales rebound.
M&S is exploring whether third-party brands will bring more people to its website – this week we’re reporting as it adds the up-and-coming Sosandar fashion brand to the mix. JD Sports, meanwhile, has bought a Central European multichannel retailer as it looks to build its scale and attract top-level brands.
We’re also reporting as the Royal Mail trials Sunday deliveries – and as its parcel pick-up scheme makes its millionth collection in the first five months of operation. We also report as Barbour uses MetaPack technology to improve its fulfilment options.
In today’s guest comment, Gerhard Zehethofer of ForgeRock argues that omnichannel will e key to saving the in-store experience post-lockdown.
Read More
You may also like
Register for Newsletter
Receive 3 newsletters per week
Gain access to all Top500 research
Personalise your experience on IR.net