Monday June 1, 2020

What’s in store for retail in 2020?

With technology raising new challenges for bricks-and-mortar businesses, Brexit just around the corner, and an increased focus on sustainable shopping, it looks like a testing year ahead

5th January, 2020
5
Shoppers on Grafton Street in Dublin in the run-up to Christmas: traditional retailers are innovating to attract customers back into storesFergal Phillips

It was a nightmare before Christmas for retail in Britain, with national statistics there showing a sharp drop in sales growth to just 1 per cent in the lead-up to Christmas.

The Financial Times reported steep discounting in the US straight after Black Friday, claiming it was of a rate not seen since 2008.

Fashion label Ted Baker issued a profit warning in mid-December. Earlier in the year, popular high street labels Coast and Karen Millen went...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 4 weeks ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago