Retail
Retail strategy
Determining a strategic, big picture cross border approach is
essential. Ad hoc and opportunistic forays into other markets
by retailers almost always results in long term and expensive
problems. Identifying the attendant risks, working through an
effective risk reduction strategy and putting in place appropriate
risk management structures and processes is essential. We work
with our clients to ensure that they start their international roll
out from a position of strength, enabling them to take a more
proactive approach and to focus on the issues that really
matter.
We typically counsel on the most appropriate strategic options
available before preparing model structures and later handling the
roll-out.
Multi-channel retail
Ensuring the effective co-existence and integration of differing
cross border retail channels is essential. We advise clients
on a wide variety of channels ranging from transactional websites,
telesales and TV shopping channels to cutting edge technologies
such as Second Life.
Technological solutions
With the ever increasing importance of e-commerce, appropriate
use of software system developments, outsourcing arrangements,
procurement strategies, off-shoring and multi-sourcing can greatly
enhance the efficiency and effectiveness of a retailers entry into
the international market as well as growth in their domestic
market. We advise retailers on the relevant options and
documentation, and take the lead in negotiations to ensure that the
opportunities offered by technology are taken full advantage
of.
We ensure that appropriate documentation and processes are in
place to ensure retailers can take advantage of their customer data
whilst at the same time complying with data protection legislation.
We are adept at developing privacy policies which will not hinder
retailers’ growth and development.
Retail Acquisitions
Acquisitions of retail businesses and prime retail locations and
financing these acquisitions in other markets presents many
challenges to retailers. Our years of experience enabling
retailers to deal with these challenges gives our clients a real
competitive advantage, saving them time, frustration and
money.
As well as planning, health and safety, disability
discrimination environmental and asbestos related expertise we have
extensive experience of retail store work including acquisitions,
anchor tenancies in shopping centres, High Street units, retail
parks, shopping centres, outlet villages and unit sales and
leasebacks.
International HR issues
Employing and retaining key employees is vital for all
retailers. Retailers also face the challenge of ensuring that
high management standards are maintained often by junior and
inexperienced manages across a number of different stores. We
advise a wide range of retailers on all aspects of their HR issues
including pensions, employee share schemes, discriminatory
practices, consultancies, cross border secondments, restructuring,
redundancies and unfair dismissal claims.
International brand development
We operate one stop global brand protection programmes for a
wide range of retailers. Ensuring the key brand assets, the
trade marks and domain names are correctly represented, translated
and protected helps retailers overcome what can be a barrier to
market entry and commence their international roll out with their
brand secure.
Regulatory Concerns
Retailers are facing an ever increasing raft of regulation and
third party controls including Licensing requirements, Trading
Standards investigations, Competition/Anti-trust issues,
Environmental regulations, product claims, product descriptions,
product recalls and product liability, plus health and safety and
labelling requirements.
Our London and Brussels teams are able to guide retailers through
the many and complex regulatory regimes so our clients are able to
concentrate on running their businesses.
International Promotions and Marketing
Co-ordinating the local, regional and international
multi-channel marketing and promotion campaigns requires a broad
knowledge of many different markets. We advise many retailers
on the implementation of their international campaigns guiding them
through regulatory and other restrictions to ensure maximum
impact. We also assist retailers in preparing agreements with
marketing, design and media agencies.
Retail Business Recovery and Insolvency
Particularly in challenging economic climates, the ability to
act swiftly, be it formulating restructuring strategies for
retailers in financial difficulty, advising key stakeholders and
banks involved with retailers or providing strategic guidance where
a retailer’s key suppliers are facing insolvency, is key.
Lawyers in each of our European offices are very experienced in
providing advice and guidance in these areas and we are
particularly recommended for cross-border restructurings.
Dispute Management
Working closely with our retail clients, we are able to
successfully reduce the number of disputes that arise and
effectively manage those that do in a proactive and commercially
appropriate manner. Disputes are usually a symptom of more
fundamental problems. Our holistic approach means that when
disputes arise they present an opportunity to improve some of the
fundamentals of the business.