This ad will be closed automatically in X seconds.

‘There is a future for the physical store’

Sainsbury’s Argos ceo says businesses that do offline and online well are the ones which will succeed.

The ceo of Sainsbury’s Argos has championed the physical store at Retail Week Live.

Speaking at the annual event yesterday (March 7), John Rogers (pictured) claimed there is a future for the physical store and it is actually the businesses that do offline and online well who are the ones that will succeed.

“Click & Collect is growing more quickly than home deliveries,” he said. “By 2025, 37% of shoppers will be using ultra convenient delivery because, ultimately, convenience wins.”

The event also saw the new Minister for Retail, Andrew Griffiths, announce the UK’s first Retail Sector Council alongside Richard Pennycook, chairman of Fenwick, The Hut Group and Howden Joinery Group.

The new industry-led Council will act as a champion for future growth and seek to encourage positive change in the sector as it adapts to rapidly changing consumer habits.

Retail Week md Chris Brook-Carter opened the first day by telling delegates: “I have no doubt the challenges we are facing over the next 12 months will feel as daunting as they are exciting, but retailers always live through change: it’s never been an industry for the faint-hearted.

“Disruptive technologies and businesses are emerging in every retail corner and entrepreneurialism has never been more alive. We are in an exhilarating position and our responsibility is to move faster still.”

Retail Week Live continues today (March 8) at The Intercontinental London O2 with speakers including Secretary of State Esther McVey, M&S’ Steve Rowe and David Gandy, who will be involved with a panel on how to find the best ambassador for your brand.

Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter.

MORE NEWS
DisneyMarcJacobs500x500
 
Disney has unveiled a new collaboration with designer fashion brand, Marc Jacobs for a fresh spring/summer collection....
PrimarkHome500x500
 
Primark's first ever standalone homewares store will open on Thursday 6 March....
AvatarStudios500x500
 
Nickelodeon is continuing to develop the Avatar franchise, revealing a new animated series call Avatar: Seven Havens, alongside 20th anniversary celebrations for The Last Airbender....
BarbieBlackFashionCouncil500x500
 
Mattel's Barbie is celebrating Black History Month in the US and multiple generations of Black female designers, past, present and future - from the designer behind the first-ever Black Barbie doll to emerging designers making a name for themselves....
Fortuneemoji500x500
 
The collaboration was negotiated by Medialink, the agent for emoji in mainland China....
GOTY25logo500x500
 
Blade & Rose, Gibsons Games, Puzzle Post, The Carat Shop, Rainbow Designs, The English Soap Company among licensees named as finalists....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.