Home > Resources > Articles > Are retailers going expansion crazy despite Brexit?
Are retailers going expansion crazy despite Brexit?
SAHAR NAZIR | February 9, 2019 | 122 views
Since the referendum almost three years ago, the value of the sterling has declined to its lowest since 1987, dwindling consumer spending and confidence has had a knock-on effect on footfall and sales figures across the retail industry. More recently, retailers such as Tesco, Marks & Spencer, Pets at Home and The Entertainer have started stockpiling products, while the Institute of Directors (IoD) reported that 29 per cent of British businesses have either already moved part of their operations outside of the UK or are drawing up plans to do so. For months now, the British Retail Consortium (BRC) has urged the government to make sure whatever the UK's trading relationship with the EU is after Brexit, that retailers are not left behind. And with weeks to go until the official divorce on March 29 and still no trade deal in sight, the BRC is calling for urgency on clarity and certainty.
Omnia Retail
Omnia is the leading SaaS solution for integrated dynamic pricing and online marketing automation. Omnia helps retailers regain control, save time and drive profitable growth. The out-of-the-box solution optimizes pricing and maximizes returns from marketing channels like Google Shopping. Omnia services more than 100 leading retailers, including Decathlon, Windeln.de, Tennis Point, Bol.com, Wehkamp, and Coolblue. For her clients, Omnia scans and analyzes more than 500 million price points, and makes more than 7 million price adjustments daily.
Article | December 1, 2022
mPOS: Modern Payment Solutions for Restaurants