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Retailers react to disposable vape ban.

5 Feb 2024

The retail sector has been responding to government plans to ban disposable vapes as part of plans to tackle the rise in youth vaping.
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UK’s indie food retailers to be recognised in the Farm Shop and Deli Retailer Awards 2024.

23 Jan 2024

Bakers, butchers, cheesemongers, delicatessens, fishmongers, greengrocers, village stores and small farm shops from around the UK have been shortlisted in the Farm Shop and Deli Retailer Awards... Read more…

How Independent Retailers Can Stand Out in A Crowded Market

23 Jan 2024

An interesting article has appeared in Forbes reflecting many of the issues that Indie Retail & ActSmart members will be experiencing – the challenges and... Read more…

Eight in Ten Small Businesses Taking Positive Steps to Strengthen Their Enterprises in 2024

22 Jan 2024

Eight in ten small business owners (81%) are planning to develop their companies in 2024, according to new research from Novuna Business Finance. The research shows that over a third (33%) are... Read more…

The Times names 12 of the UK’s best independent bookshops — as chosen by its readers.

22 Jan 2024

The Times has named 12 of the UK’s best independent bookshops — as chosen by its readers. Readers highlighted places that combined books with a friendly and welcoming atmosphere.... Read more…

Bira Launches Second Annual Campaign for Valentine's Day - #LoveYourHighStreet

22 Jan 2024

The British Independent Retailers Association is championing the high street again this Valentine's Day for the second consecutive year with its #LoveYourHighStreet campaign.
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Family-run shop in Lanarkshire village scoops community retailer award for second year running.

10 Jan 2024

Nads Store, a family-run shop in Law, Lanarkshire, has been named Community Retailer of the Year at the Scottish Asian and Business Awards ceremony for the second year running.
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Bira urges vigilance against loan fee fraud following FCA guidance.

10 Jan 2024

In the face of the escalating threat of loan fee fraud, the British Independent Retailers Association (Bira) is urging its members to heed the Financial Conduct Authority's (FCA) recent guidance... Read more…

Canal boat record store Rubber Ducky Records is back afloat.

9 Jan 2024

Canal boat record store Rubber Ducky Records is back on the water after it sank last April, ruining over 1,000 vinyl records and a stow of music equipment stored on... Read more…

New research shows UK retail sector powered by entrepreneurs and start-ups

9 Jan 2024

While mass-market players continue to dominate the UK retail industry, research by Geek Retreat shows that 15% of Brits have set up their own business in the past ten years, and of these,... Read more…

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Technology may hold the key

Posted on in Business News, Cycles News

Mobile technology holds the key to competing in the new retail market that is defining 2019.

Attention in the last couple of weeks has been on how retailers can compete in a tough, high standard market space.

onlien shoppingThe new retail market brings competition with Amazon, online brands and industry retailers as well as another side of competition from growing retail platforms like Instagram and Facebook. Mobile technology is also a playing factor in the competition changing how people shop and what they demand from the shopping experience.

What is so successful about Amazon and Instagram is that they tap into the retail market space challenges and competition and give customers what they want.

But advertising on Instagram and creating an online delivery platform is not always the answer, especially for independent retailers. Look at what Co-op and Made have done so successfully.

Co-op launched itself into online retail with its mobile-first approach to grocery ordering, but, Co-op uses technology to not only create a baseline for shopping but also to paint two-hour delivery as the new battle.

Made has used technology to their advantage as well, in a completely different way, with technology smoothing the shopping journey across all channels.

So what is the key to a new retail future?

Bringing together the technology, the new channels and understanding how your store can work in harmony with the new retail market space for your store and your customers, no one else's.

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