• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About
  • Gowling WLG
  • Legal information
  • Privacy statement
  • Cookie Policy
  • Home
  • About
  • Posts
  • Blogs
    • B2022
    • The IP Blog
    • Public Law & Regulation
    • AI
    • The UPC Blog

LoupedIn

Retail Giants resize their dominance – but opportunity still knocks

Published on December 8, 2020 by Ruth Griffin

Retail Giants resize their dominance – but opportunity still knocks

One thing is for sure where 2020 is concerned, it has challenged the retail market more than anyone could have realised at the start of the year. With news of Arcadia’s ongoing troubles and the sad collapse of the once mighty Debenhams, the pre-2020 issues that the market was facing – and coming up well against – have been magnified like never before as a result of the COVID/19 pandemic.

Despite the sensitive ongoing issues, this outcome is symbolic of the current unforgiving retail climate brought on by the pandemic despite any uptake in online performance during lockdown. A lack of brand resonance has, unfortunately, also played a key part here, as the enduring customer loyalty that has sustained throughout the industry becomes even more discerning and selective.

While the threat of these household retailers disappearing is saddening from many perspectives, it acts as a timely reminder to make sure that brand value in retail is sourced directly from customer needs – instead of assuming that these can be dictated by the retailer, retailers need to look to their target demographic for guidance on what will sell…making a distinct movement away from traditional ‘We know best’ strategies…”

Of course, threats are also accompanied by opportunities and with a hugely captive audience in place – both due to lockdown issues and the time of year, now is the time for retailers to look to best practice and more importantly, collaboration and cross-learning, to better ensure that as many as possible can emerge from this in a stronger position where possible.

About the author(s)

Photo of Ruth Griffin
Ruth Griffin
View Ruth's profile | See recent posts

Ruth Griffin is a director who has over 13 years' experience of construction and engineering transactional work, acting for all parties involved in such transactions including employers, contractors, consultants, sub-contractors, funders, purchasers and tenants.

  • Ruth Griffin
    https://loupedin.blog/author/rithgriffin/
    What is modular construction?

Ruth Griffin

Ruth Griffin is a director who has over 13 years' experience of construction and engineering transactional work, acting for all parties involved in such transactions including employers, contractors, consultants, sub-contractors, funders, purchasers and tenants.

Filed Under: News, Opinion Tagged With: Arcadia, covid, COVID-19, Debenhams, lockdown, pandemic, Retail

Views expressed in this blog do not necessarily reflect those of Gowling WLG.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.

Primary Sidebar

Recent Posts

  • Climate change – New report highlights areas for scaling up action
  • Transferring data out of China? Understand the key points from the Chinese Standard Contractual Clauses
  • Getting ready for pensions dashboards

Tags

apprenticeships (5) Artificial Intelligence (AI) (52) Autonomous vehicles (11) b2022 (18) Birmingham 2022 (8) Birmingham 2022 Commonwealth Games (14) brand protection (5) Brexit (23) china (5) Climate change (13) COP26 (11) COP27 (6) Copyright (8) COVID-19 (23) Cyber security (5) Data protection (6) Employment (13) employment law (9) Environment (8) ESG (21) ESG and pensions (9) financial services (5) Intellectual Property (59) IP (9) Life sciences (6) net zero (6) Patents (28) Pensions (41) Pension scams (5) Pension Schemes Act 2021 (11) Pensions dashboards (7) Pensions in 2022 (10) Pensions law (31) Procurement (7) Public Law & Regulation (39) Real Estate (16) Retail (6) sustainability (7) Tech (45) The Week In Pensions (11) Trademarks (13) UK (15) unified patents court (9) UPC (24) Week in HR (8)

Categories

Archives

Gowling WLG is an international law firm comprising the members of Gowling WLG International Limited, an English Company Limited by Guarantee, and their respective affiliates. Each member and affiliate is an autonomous and independent entity. Gowling WLG International Limited promotes, facilitates and co-ordinates the activities of its members but does not itself provide services to clients. Our structure is explained in more detail on our Legal Information page.

Footer

LoupedIn is the Official Gowling WLG Blog. Gowling WLG is an international law firm comprising the members of Gowling WLG International Limited, an English Company Limited by Guarantee, and their respective affiliates. Each member and affiliate is an autonomous and independent entity. Gowling WLG International Limited promotes, facilitates and co-ordinates the activities of its members but does not itself provide services to clients. Our structure is explained in more detail on our Legal Information page.

  • Home
  • About
  • Gowling WLG
  • Legal information
  • Privacy statement
  • Cookie Policy

© 2023 Gowling WLG

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, 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 have an effect on your browsing experience.
Necessary
Always Enabled
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.
Non-necessary
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.
SAVE & ACCEPT