This week's top stories in the Consumer and Retail sector.
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.
M&S in talks with Ocado regarding potential joint venture
Hammerson potentially selling over £900m property amid retail crisis
Green Gold: Avocado boom is benefitting Latin America says WAO
Do vegans do more for company profit margins than the planet?
Declining biodiversity threatens the future of our food system, the UN warns
British consumers want more plastic free options according to survey
Thinktank, Resolution Foundation, warns retail workers to face high unemployment
Retailers missing out by overlooking mobile speed, Google UK's Director of Retail opines
Harrods partners with Farfetch amid consumer shift from the high street
Coca Cola interested in future LED developments following label campaign