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Relentless Momentum: What I Learned From the Retail Leaders

Paid Partnership with PMC


Last month, I had the opportunity to attend PMC’s annual customer event, Relentless Momentum. This was held at Silverstone Museum, an apt venue for a room full of retailers discussing the importance of speed and transformation in an ever-evolving landscape.

We heard from senior leaders like Nick Beighton, former CEO of ASOS and Matches, Paul Edney, Technology Director, Channels at Primark, Jeanette Copeland, Technology Director at Ann Summers, and Cecile Delforge, Associate Director, Systems Development at the AELTC/Wimbledon.

The PMC event took place at Silverstone Museum.

It was an inspiring day, rich with insights and lively discussions about how stay relevant in this digital era. In this post, I’m bringing you the top takeaways and I’d also recommend you check out my podcast episode, Digital Transformation Lessons with Primark and Ann Summers, for a more in-depth discussion.

Always start with the customer

It sounds like an obvious one, but retailers must ensure they’re putting the customer at the heart of their strategies. When Beighton was the CIO at Matalan, he would ask himself three questions whenever considering any technology investment: “What’s it going to do for the customer? What’s it going to do for the business? And how much is it going to cost?”

Ex-ASOS and Matches CEO Nick Beighton is interviewed by PMC CEO Richard Lowe.

You need to start with the customer, identifying points of friction and opportunities to enhance the experience, and then work backwards from that. As Primark’s Edney said: “Technology enables business change; it doesn’t lead change.”

Be clear on purpose

It all begins with what Beighton refers to as the inspiration layer. “You have to be purpose-driven, mission-led, and governed by values,” he said. “If you haven’t got that, or clarity of it, what have you got? Your organization is transactional. And if you have a transactional internal culture then you have a transactional external culture, and customers get it.”

Primark’s Edney struck a similar tone when advising retailers to consider: “What makes you special? How do you differentiate? What’s beneficial for you and your customers?”

Embrace continuous evolution

The only constant in retail is change. Retailers must ensure their businesses are structured in a way that allows them to dynamically respond to such relentless change.

Ann Summers’ Copeland shared three important digital transformation tips for retailers: “Keep these projects simple. Keep them short to remove fatigue. And know that it’s going to change. Rarely in technology do things last that long,” she said.

All of the speakers stressed the importance of adopting a test-and-learn approach. Primark’s Edney argued that, although retailers need a long-term vision, it’s impossible to do everything at once. “The way to deliver at pace is to deliver in increments. It’s like a large conveyor belt of change which we ran for two years. We learned over time that the longer it takes to deliver something, the less value it can bring because it’s either outdated or the market has changed or [consumer] perception has changed.”

Beighton shared how, during his time at ASOS, embracing a WAgile (Waterfall + Agile) approach allowed the business to maintain some control while still being able to quickly respond to changes. “Every day is a work in progress. If you’re not fixing something every day, then you’re not moving the business forward,” he said.

Understand the need for speed

Given our proximity to the home of the British Grand Prix, it would have been remiss of us not to talk about speed. “Connectivity and speed of service is key for our customers,” AELTC’s Delforge said. And that’s understandable given the daily Wimbledon queue can reach 10,000 people! She discussed how transitioning to mobile ticketing, including resale, has helped to streamline queuing and improve the overall guest experience.

Jeanette Copeland, Ann Summers’ Technology Director, shares digital transformation lessons.

Copeland, meanwhile, shared how Ann Summers, completed a 12-month digital transformation project in just four months. Despite implementing a best-in-class integration platform, Ann Summers encountered significant issues, including underutilisation, difficulties in hiring and retaining experienced developers, and high operating costs. “You know that kitchen drawer that everyone has that’s got all the cables and cellotape and fuses in it? We kind of pulled it all out, straightened it up, and put it back in there.”

The result? A more cost-effective and efficient solution that delivers better business outcomes.

Ignite cultural change

The most successful retailers understand the importance of bringing your people with you on any digital transformation journey. At ASOS, Beighton instilled a values-driven culture where employees were encouraged to always be authentic, brave, creative, and disciplined. As CEO, he would meet all new starters every Wednesday at 4:30pm, encouraging them to ask him questions.

“Smart people understand that influence scales whereas control is finite,” Nick told the room. He argued that businesses should focus more on outputs than inputs.

Edney also shared how Primark’s culture has evolved since embarking on its digital transformation journey four years ago. “It was never a one-off. It was a new way of working. It was all about a new ethos, a new culture.”

Never too late to innovate

There is no standing still in retail. As we’ve already touched on, customer centricity and perpetual innovation are key pillars for any winning retail strategy.

That said, not everyone can achieve first-mover advantage and there is value in being deliberately late, whether that’s Primark launching click & collect or the digitization of Wimbledon. Early adopters don’t always win.

As AELTC’s Delforge said, “We never stop innovating but we’re never going to be the first to do something. We are risk-averse and prefer to deploy proven technology.”

That’s especially understandable in Wimbledon’s case. As one of the most-watched sporting events in the world, broadcast to over 200 territories, there is absolutely no margin for error.

For more information on PMC, visit: PMC – Technology Services for Commerce | IT Support and Services

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CX E-commerce ESG Fulfilment Podcast Technology

Decarbonising Deliveries

Murvah Iqbal, co-CEO and co-founder of HIVED, is on a mission to revolutionise the delivery industry. Founded in 2021, the all-electric delivery start-up has already distributed millions of parcels across London for major brands including ASOS, Uniqlo, Nespresso and Zara, and is backed by investors like Maersk Growth, Pale Blue Dot and Planet A Ventures.

In this episode, Murvah shares her entrepreneurial journey, which began when she took over marketing and branding for her uncles’ fast-food chain at just 15 years old. She discusses the importance of decarbonisation in retail and how HIVED’s “sustainability-as-standard” approach differentiates them from competitors.

Murvah also shares her views on the evolving expectations of consumers, particularly Gen Z, when it comes to delivery, how to address some of the legacy challenges of the final mile, and what regulatory changes she’d like to see to support the growth of green delivery. Murvah and Natalie also discuss the need for collaboration within the industry and the role of technology in improving delivery efficiency. 

Connect with Murvah on LinkedIn.

Find out more about the Retail Disrupted Podcast by visiting retaildisrupted.com

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CX Electricals M&A Non-food retail Podcast Retail leadership Retail trends

Malls, Makeup and Meme Stocks with Gary Kusin

GameStop and Laura Mercier Cosmetics co-founder Gary Kusin joins Natalie to discuss everything from malls and makeup to meme stocks. They explore the origins of GameStop – what inspired Gary and James McCurry to launch the world’s first video game store in the early 80s?

They also explore:
♦ The pivot to makeup: Gary discusses how a conversation with former Macy’s Chairman Terry Lundgren sparked the idea for Laura Mercier.
♦ Continuous improvement versus continuous change.
♦ Customer centricity: why so many brands today fail to get this right.
♦ Kinko’s: Gary shares how, as Kinko’s CEO, he turned the loss-making business into to a highly profitable enterprise that was later acquired by FedEx.
♦ Meme stocks: Gary shares his views on the GameStop stock market frenzy.

Retail Disrupted Podcast

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Non-food retail Podcast Retail leadership Retail trends Technology

Leaders Leap: Transforming Your Company at the Speed of Disruption

Steve Dennis is a strategic advisor, keynote speaker, podcast host, and bestselling author of Remarkable Retail. He joins Natalie to discuss the findings of his new book, LEADERS LEAP: Transforming Your Company at the Speed of Disruption.

The explore the cost of misunderstanding risk and why playing it safe is the riskiest strategy of all; why a complete metamorphosis of the leadership mindset is essential to thrive in the face of accelerating change; why some brands get stuck in the “unremarkable middle” and how to overcome internal complacency. Steve also shares the rationale behind his belief that many US department stores have no chance of turning themselves around, and whether the Dallas drone wars are a glimpse into the future of home delivery.

Natalie also shares a few thoughts on Amazon’s 30th anniversary.

 

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Consumer CX Podcast Retail leadership

The Real Reason Blockbuster Failed

James Keyes, Former 7-Eleven and Blockbuster CEO and author of Education is Freedom: The Future Is in Your Hands, joins Natalie on the podcast to dispel the myths behind Blockbuster’s demise. Learn why Jim believes it was fear – not Netflix – that killed Blockbuster.

They also explore whether we may see a revival of the Blockbuster brand and broader leadership lessons, including how to avoid being disrupted during periods of turbulence.

Other topics include:

  • Diversification – with Netflix opening restaurants, TikTok opening shops and Amazon opening hair salons, just how far could and should brands veer from their core?
  • How technology can empower staff and elevate the customer experience.
  • Lessons from Jim’s new book – understanding the importance of collaboration, cultural literacy, continual evolution and character.

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E-commerce Economy Inflation Retail leadership Supermarkets Technology

Ken Towle on Supermarket Trends, Shrinkflation, International Retail

Former Tesco director and Nisa CEO Ken Towle joins Natalie on the podcast to discuss:


•    The retail and consumer outlook.
•    Why shrinkflation is not always a bad thing.
•    His experience running Nisa during the pandemic.
•    From self-checkouts to generative AI – how technology is changing the way we shop for food.
•    Grocery e-commerce and the importance of collaboration.
•    Lessons from his time as Tesco China CEO.

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Consumer CX E-commerce Fashion High Streets Non-food retail Podcast Retail leadership Retail trends

Retail Veteran Nigel Oddy on Treating Shoppers as VIPs

Natalie speaks to Nigel Oddy, currently CEO of the UK and Europe’s leading golf retailer American Golf, and previously CEO of House of Fraser, New Look, Matalan and The Range.

The video version of this episode is available on YouTube and is part of a special collaboration with the Richmond Retail & E-commerce Directors’ Forum. Nigel will be speaking at the event alongside leaders from across the industry – Tesco, Charlotte Tilbury, TikTok, N Brown and more. 

In this episode, Nigel gives us a sneak preview of what we’ll be discussing at the event. He shares what it was like running New Look during the pandemic, his biggest successes, what motivates him, the importance of spending time on the shop floor and why you must treat your shoppers as VIPs.

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AI Consumer CX Fashion High Streets Podcast Retail leadership Retail trends Returns Technology

The Future of Retail with Chris Browne

Chris Browne, former Global Retail Director at Ted Baker, joins Natalie to discuss:

  • Visual AI and the opportunities for fashion retail  
  • How tech can enhance the shopping experience
  • Addressing the perennial problem of returns
  • What Western retailers can learn from Asia
  • Chris’ vision for the future of the high street

Prefer video? You can also watch Natalie and Chris’ conversation on YouTube.

This episode is part of a special collaboration with the Richmond Retail & E-commerce Directors’ Forum. Chris will be speaking at the event alongside leaders from across the industry – Tesco, Charlotte Tilbury, TikTok, N Brown and more.

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Consumer CX Economy High Streets Podcast Retail leadership Retail trends

TV Dragon Theo Paphitis on Successful Retailing

Natalie speaks to TV dragon, retail magnate and small business champion Theo Paphitis live on stage at Springfair. They discuss:

  • Digital transformation and the impact on retail
  • Why stores are assets in today’s digital era
  • High street struggles – business rates, rents and levelling the playing field
  • Failing fast in business
  • What will retail look like in 2034?

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Fashion High Streets Podcast Retail leadership

N Brown Retail CEO Sarah Welsh on Women in Retail

Sarah Welsh, CEO of Retail at N Brown, joins Natalie on the podcast to discuss:

  • What are the barriers to getting women in retail leadership positions?
  • The importance of representation – how should we nurture future female leaders?
  • Who has inspired Sarah throughout her career?
  • How has the shift to flexible and hybrid working impacted women?
  • How does N Brown drive the wider EDI&B agenda?

This episode is part of a collaboration with the Richmond Retail & E-commerce Directors’ Forum. It’s available on the usual channels (Apple and Spotify) or you can watch a video version on YouTube.

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