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Tag Archives: retail

The pros and cons of an online retailing business

With 10% of the population employed by the retail sector, Britain truly is a nation of shopkeepers.  Whilst high street shops aren’t going away any time soon, it is increasingly popular for retail entrepreneurs to forgo a physical shop entirely in favour of selling online.  With online sales still experiencing double digit growth in an otherwise stagnant economy, selling online represents a

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Drop shipping – the cheap way to get inventory

If you have been browsing the internet for a while searching for a business opportunity, the chances are you would have come across drop shipping.  In the retail industry, this is becoming something of a growing trend in order to help cut costs and keep things local, but what is it and how does it work? What is drop shipping? Drop shipping is an arrangement between you and a wholesaler whereby you offer their products on your site but you don’t actually physically stock any inventory. If someone clicks on …

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In Focus: Linda Bennett – founder of LK Bennett

When award winning shoe designer Linda Bennett, launched her first LK Bennett store in ultra cool Wimbledon Village in 1990, she had one mission in mind – to make women realise we didn’t need to choose between style and comfort; we could have both! After finishing a footwear design course at Cordwainers, the renowned shoe design college in Hackney, she learned her trade from the floor up, working at Robert Clergerie’s studios in Paris followed by stints on the shop floors of Whistles and Josephs. 

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New business start ups still happening despite the recession

The belief that the recession is the perfect time to start a business seems to be ringing true with entrepreneurs  in the UK.  Ninety eight thousand new businesses were launched in the first quarter of 2008 in England and Wales, despite the ongoing economic crisis. In London, 19,000 startups were created in January to March of last year, which was up by 1000 on 2007. John Smith, Marketing Director for Small Businesses at Barclays observed: “Small business entrepreneurs are  still finding unique opportunities in the marketplace.  Clearly there is the belief that …

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