The UK government has introduced several new capital allowance schemes in a bid to boost the nation’s economy and encourage more businesses to invest in technology. Companies who invest in new plant and machinery equipment – including IT hardware and software – can now receive a staggering 130% tax deduction on qualifying investments. Effectively, for

2020 provided a reset moment for retail and fashion, with many brands completely pivoting to meet customer demands through digital channels. While over half of fashion retailers were not agile enough to capitalise on eCommerce boom, our latest research has found that retailers who made early investments in digital ERP reported fewer issues around agility,

While many retailers in western countries are struggling to adapt in the wake of the pandemic, China and other Asian markets have been pioneering the industry’s next digital revolution.   Social commerce has exploded in popularity in the last 18 months, driven by consumers increasingly seeking online experiences in the midst of local lockdowns.   Retailers in the APAC region have tapped into

K3’s exclusive research with Retail Gazette examined what retailers anticipate for the industry post pandemic. We found that 87% agree the future of bricks and mortar will be more digital while 89% also believe that it will be experience focused. And the experience that the consumer values more than any other is convenience and having the option to

Tony Bryant, Director of Global Business Development at K3, attended Digital Fashion Week earlier this year and gave a presentation on what services retailers need to introduce in order to survive. Chief among the topics Tony was discussed was sustainability, with consumers increasingly wanting to see more upcycling initiatives implemented by retailers.

K3 and Retail Gazette’s latest research found that 61% of retail leaders plan to have fewer but better stores by next year. Further, 39% also indicated that at-home experiences driven by online channels will be the CX model that defines retail for the next decade.   Indeed, ‘dark store’ startups across Europe have been revolutionising retail grocery shopping for a little

Our latest research, in collaboration with Retail Gazette, quizzed more than 140 senior retail leaders on their plans for the coming months to learn more about the industry’s burgeoning trends.