Retail safety: how data can help keep staff and shoppers safe from Covid-19 spread
Retailers have done exceptionally well to adapt to the new way of shopping. Safety measures such as screens at tills, face masks, contactless payments, sanitiser stations, one-way systems etc can be found in almost all retail stores. However, compliance of the new rules vary. Covid rules non-compliance. Let’s discuss an easy one, face masks. Face […]
Data-driven turnover-based rent is the solution for landlords and retailers.
The retail industry has taken a major financial blow due to the lockdown restrictions across the UK. In spite of the government offering business rate holiday, grant funds, loan schemes, commercial rent protection, the PWC and Local Data Company reported that 17,520 chain stores closed down in 2020, while only 7,655 opened; they expect […]
The importance of in-store analytics in a time of change.
The Covid-19 pandemic has accelerated change in consumer behaviour; for example, online purchases are at their highest while the frequency of purchases are low. Most retailers are aware that consumers will not revert back to their pre-pandemic ways when brick-and-mortar stores reopen on April 12th. Therefore, most have taken measures to prepare for their […]