Remove 2008 Remove Consumer Remove Flow Remove Space
article thumbnail

Reinvest and innovate: Key takeaways following Fenton & Fenton collapse

Inside Retail

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity.

Flow 243
article thumbnail

Last roll of the dice: How tax cuts could help stave off retail failures

Inside Retail

The prediction was pretty much on the mark with sluggish economic growth and stuttering consumer spending a factor in a slew of retail failures. That level of business closures was the highest for any year since the global financial crisis in 2008. The Covid days of largesse and leniency are well over.

Other 233
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Camilla CEO: ‘I definitely didn’t have a grand career master plan’

Inside Retail

I actually remember doing my homework in the staff canteen above the Boots store in Guilford in the UK, and having all these people walk past talking about space optimisation and sales per square foot, and that was all much more fascinating than my biology homework. As a side note, it also gave me a good introduction to the world of retail.

Planning 130
article thumbnail

“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

But when you’re growing a business, particularly an international fashion business, it’s particularly heavy on resources and cash flow. In 2008, they actually went into administration. The direct-to-consumer part of the business is the strongest and the fastest-growing now. They were a victim of their own success.

Fashion 243
article thumbnail

Why Europe Can’t Kick Russian Gas

Robinson Meyer

So the security perspective is, I’m not consuming more gas, but I’m importing more because my production is declining. You don’t need too much imagination to assume that if a major conflict happens in and around Ukraine, like, the flow of gas could be interrupted through Ukraine. That’s why the U.S. That also is kind of stupid, right?

Balance 115