Consumer and Retail in the News – Issue 303

TW Viewpoint:

Legacy retailers have typically been slower to embrace digitalisation and the growing consumer shift away from the high street and onto the internet. As this article demonstrates, change is on the horizon, and retailers are discovering that partnering with disrupters may be more efficient than innovating themselves. Coming hot on the heels of the M&S/Ocado deal, this represents a growing trend of strategic partnerships between heritage brands and tech innovators designed to allow them to transform, keep pace and thrive in the ever-changing retail economy.