By Professor Stan Siebert, Professor of Labour Economics Department of Management, University of Birmingham. Job vacancies have hit a record high as the economic recovery continues. High vacancies are normal in a dynamic, large economy such as the UK which normally runs with 600-700 thousand vacant jobs as workers change jobs and search for new … Continue reading “Good news for workers – wage increases ahead”
Tag: retail
A New High Street Experience
By Dr Sarah Montano Department of Marketing, University of Birmingham The impact of COVID-19 on UK retail activity has been virtually unprecedented, with a record 18.1% fall in retail sales, in April 2020, which followed a fall of 5.2% in March 2020. The impact of this fall in sales can be particularly seen by the … Continue reading “A New High Street Experience”
Primark’s recipe for success has become its Achilles heel
By Dr Emma Gardner Department of Strategy and International Business, University of Birmingham With over 370 stores in 12 countries, Primark has secured its position as a leading fashion retailer… Recent years have been tumultuous for the British high street. Numerous firms, such as New Look, Oasis and Warehouse have entered into administration, while … Continue reading “Primark’s recipe for success has become its Achilles heel”
Retailers on a Mission for Transformation
By Dr Pilar Rojas Gaviria, Department of Marketing, University of Birmingham and Professor Domen Bajde, University of Southern Denmark Crouched at my desk in Sao Paulo At my house in the rua Lopes Chaves In a trice, I felt a chill inside me. I shivered, deeply moved With the stupid book looking at me. Can’t … Continue reading “Retailers on a Mission for Transformation”
Transforming UK Town Centres
By Dr Sarah Montano Department of Marketing, University of Birmingham The BBC have recently reported that in the first month of 2020, almost 10,000 retail jobs have been lost in the UK. The Centre for Retail Research are predicting that this year, due to 17,565 store closures, 171,669 retail jobs will be affected, as compared … Continue reading “Transforming UK Town Centres”
Should Amazon give back in the face of changing consumer demand?
By Dr Sarah Montano Senior Lecturer in Marketing, Birmingham Business School Amazon are reportedly opening a series of pop up shops in 10 UK town centres offering a range of products and a click and collect service, in the form of Amazon lockers. There is some concern about Amazon moving to the high street after … Continue reading “Should Amazon give back in the face of changing consumer demand?”
The ripple effect from the UK retail crisis: this is just the beginning
By Dr Amir Qamar and Dr Emma Gardner Department of Strategy and International Business, University of Birmingham The last year has proven to be challenging for the retail industry, with numerous firms either facing difficulties, closing stores, or retreating from the market entirely. Although such sectoral difficulties are not new, they were exacerbated by a … Continue reading “The ripple effect from the UK retail crisis: this is just the beginning”