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
TfLlunchbox500x500
 
Designed by creative agency Crush Creative, the guide includes a set of colourful, illustrated assets that draw on TfL’s heritage and serve as a toolkit for licensees developing products for young audiences....
Tulipop500x500
 
Tulipop Studios - creator and owner of the Icelandic character-based Tulipop IP - is growing into new markets having secured a number of fresh deals....
YakkaDee500x500
 
Rachel Bardill and Liz Keynes - both well known and respected family and children's brand strategists - have come on board to further drive awareness for the preschool show....
AliceBurden500x500
 
In her new role, Alice will be responsible for steering and driving forward the strategic and creative direction of Toon2Tango, focusing on storytelling and creative development....
job
 
H&A is looking to further strengthen its team with the appointment of a supply chain planner....
SManners500x500
 
Industry trade body, Licensing International has responded to Labour's Budget from earlier this week, saying that moving forward 'beloved brands' will be more important than ever before in providing a point of difference....
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.