Social commerce is increasingly shaping the way brands connect with consumers, enhancing storytelling and driving sales.A Retail Economics report highlights that social commerce is projected to double in value, reaching nearly £16 billion by 2028.PUMA’s strategic use of TikTok LIVE exemplifies the power of social platforms in direct-to-consumer engagement.In a conversation between PUMA’s Rhys Harbinson and TikTok UK’s Gustavo Mondo, key strategies and affiliate marketing insights were discussed.This collaboration highlights the potential of shoppable content in transforming online retail experiences for both consumers and brands.Social commerce is revolutionising the retail landscape by enabling brands to connect with consumers in a…
Author: Sam Allcock
Sam Allcock
Sam Allcock is a seasoned entrepreneur and passionate storyteller with a keen eye for emerging trends and viral phenomena. With over a decade of experience in the business world, Sam has successfully launched several startups that blend innovation with creativity. At 88com.net, he brings his expertise in curating compelling content that captures the zeitgeist of our digital age. When he's not exploring the latest trends, Sam enjoys connecting with his audience and sharing insights that inspire and inform. Join him on a journey through the stories that are shaping our world today!
Greggs has reported significant sales growth driven by strategic enhancements in their offerings and operations.In the latest quarter, Greggs’ total sales surged by 10.6%, with like-for-like sales climbing 5%.Key contributors included the introduction of new menu items and the extension of evening opening hours.The company is adapting to economic pressures with strategic planning and cautious cost management.Greggs remains committed to expansion, targeting up to 160 new store openings in 2024.Greggs has achieved a notable increase in sales, with a 10.6% rise in total sales and a 5% increase in like-for-like sales over the last quarter. This improvement is attributed to…
The Works reports stable sales and a drop in annual profit in a tough market.EBITDA decreased from £9m to £6m, impacted by challenging Christmas and rising costs.Strategic measures have improved product margins and operational efficiencies.Sales increased by 0.9%, with a notable decline in online revenue by 12.4%.Key figures from Kelso Group have exited the board following strategic progress.The Works, a value retailer, has demonstrated resilience amidst a challenging economic environment characterised by stable sales and declining profits in its last financial year. Despite these hurdles, the company expresses confidence in its positioning for the upcoming Christmas trading period.The adjusted EBITDA…
A significant 10% surge in sales has been reported by Greggs as they expand their presence across the UK.In the last 13 weeks up to September 28, Greggs saw an impressive 10.6% increase in total sales.The bakery chain plans to open between 140 and 160 new locations this year, enhancing its UK footprint.Despite economic uncertainties, Greggs maintains steady growth through menu innovation and digital sales.The company is confident in sustaining its growth trajectory despite current inflation and labour cost challenges.Greggs, a prominent bakery chain headquartered in Newcastle, has experienced a marked 10.6% rise in sales for the 13 weeks up…
As the landscape for UK businesses continues to evolve, the importance of delivering exceptional customer experiences has never been more critical. A recent survey revealed that 63% of UK businesses expressed concerns about their operations as of late 2023, prompting entrepreneurs to seek competitive advantages that can enhance their service offerings. Among these, same-day delivery is emerging as a crucial strategy for businesses selling physical products. The surge in online shopping, which has more than doubled in the UK since 2018, has dramatically shifted consumer expectations. Customers now anticipate faster delivery times, with same-day delivery increasingly seen as the new…
The Solicitors Regulation Authority (SRA) has taken decisive action against 475 law firms for failing to adhere to its transparency rules.Since the introduction of these rules in December 2018, the SRA has issued 439 official warnings and imposed 36 fixed penalty fines. These measures highlight the regulator’s commitment to ensuring that the public can access adequate information when choosing legal services.This development comes in the wake of the Legal Services Board’s policy, released in April 2022, aimed at empowering consumers. Regulators had until the end of September 2024 to assure compliance with these new expectations.Among the resources provided, the SRA…
A London law firm has boldly entered the world of esports by launching a new talent management agency in collaboration with an established esports business. This unprecedented partnership aims to manage both esports athletes and content creators, bridging skills from traditional sports to the burgeoning e-gaming sector.William Bowyer, an associate at the law firm Lawrence Stephens and director of the newly formed Feenix Talent, expressed enthusiasm for the project, stating that the agency would ‘fill a gap in the market for talent management in esports.’ According to Bowyer, this collaboration marks a first, where a well-established law firm has actively…
On September 26, 2024, the Publicity Department of the Lintao County Committee marked the 100th anniversary of the discovery of the Majiayao culture by hosting an online dialogue that brought together both international and domestic experts. Scholars from renowned institutions, including the Swedish Museum of Far Eastern Antiquities, Nanjing Museum, Sanxingdui Museum, Yangshao Culture Museum, and the Majiayao Culture Research Institute, participated in this significant event aimed at enhancing cultural integration and exchange. The Majiayao culture, a notable cultural type from the late Neolithic period, was first discovered by Swedish geologist J.G. Andersson in 1924 in Majiayao Village, located in…
The UK garden centre sector faces significant challenges as Dobbies and Homebase announce store closures and restructuring.Dobbies Garden Centres plans to close 17 stores, grappling with £130m losses and high operational costs.Homebase seeks fresh investment amid an £85.2m loss and declining sales, reflecting on its turbulent ownership history.Weather conditions and economic factors have strained the broader gardening sector, impacting consumer spending.Potential improvements in the housing market may offer a reprieve to the struggling sector.In a notable development within the UK’s gardening sector, Dobbies Garden Centres has decided to close 17 of its outlets in an effort to return to sustainable…
The UK garden centre industry is witnessing substantial changes as leading chains restructure to adapt.Dobbies Garden Centres plans to close 17 outlets following significant financial losses.Homebase is pursuing fresh investments after selling part of its store estate to secure funds.High inflation, adverse weather, and economic conditions challenge the gardening sector.Future of garden retail hinges on effective restructuring and market demand improvement.The UK garden centre industry is experiencing a period of significant transition. Prominent among these are Dobbies Garden Centres, which has announced the closure of 17 stores in a strategic effort to return to profitability amidst challenging economic conditions. This…