Global Retail: How is the rest of the world doing?

BEN STEVENS | June 11, 2018

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“This ‘perfect storm’ of factors may even see the industry reach a pivotal point in 2018, with increased levels of defensive consolidation and creative collaboration as well as the inevitable fall out of casualties the likely outcome in the ongoing fight to survive.” The Retail Think Tank’s predictions for UK retail in 2018 have, unfortunately, proven to be rather accurate. This “perfect storm” includes factors affecting the whole world of retail, like the relentless growth of Amazon, an ever-growing shift away from physical stores, and a consumer shift towards doing instead of buying. However, some of the biggest problems facing the industry are uniquely British. The fall in the value of the sterling since the Brexit vote has created a raft of problems for retailers, driving up import costs and forcing retailers to either absorb the costs or drive up prices.

Spotlight

ThinkLink

ThinkLink is an Indian Thought Leader in the Warehouse Automation domain. Set up in ​2006​, ThinkLink has garnered more than 11 years of expertise in this nascent domain and has multiple firsts to its credit. In this time we have supported the warehouse planning and automation journey of more than 50 Customers while serving more than 300 Customers across our various services.

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Spotlight

ThinkLink

ThinkLink is an Indian Thought Leader in the Warehouse Automation domain. Set up in ​2006​, ThinkLink has garnered more than 11 years of expertise in this nascent domain and has multiple firsts to its credit. In this time we have supported the warehouse planning and automation journey of more than 50 Customers while serving more than 300 Customers across our various services.

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