Latest news & insights
Assortment Planning: What it is, and how to plan a basic fashion range
With my experience in buying, merchandising and planning, I am often asked to help retailers improve their Assortment Planning. From the CEO to the most junior member of the team there is an opinion on the assortment or range in store/online today; what there is too much of, what there is too little of, what […]
Victoria Ward’s journey to consultancy at First Friday
The latest in our series of Retail Careers Interviews sees us talk to Victoria Ward, our strategic transformation consultant, who shares her journey from Merchandising to Consultancy at First Friday. Retail Careers: An Interview with Victoria Ward First Friday’s team all have strong roots in Retail. Tell us about yours: I began my career some […]
Jean Spencer reflects on 21 years (and counting) at First Friday
This is the first in a new series of interviews where we explore the careers of our talented retail, change management and training consultants. First up, we hear from Head of Systems Transformation Training, Jean Spencer, who shares with us how she first found her way into retail, some of her earliest memories, and why […]
Assortment Planning: What it is, and how to plan a basic fashion range
With my experience in buying, merchandising and planning, I am often asked to help retailers improve their Assortment Planning. From the CEO to the most junior member of the team there is an opinion on the assortment or range in store/online today; what there is too much of, what there is too little of, what […]
Introducing our partner for training on Equality, Diversity and Inclusion in the workplace
Aware of the recent negative media coverage of a number of businesses, here at First Friday we saw a real need to invest in supporting organisations with high-quality, engaging training around Equality, Diversity and Inclusion. As a business, we specialise in the provision of training solutions, but we’re not subject matter experts in this […]
A Beginners Guide to Retail Merchandising and Planning
Maybe you have just started your career in merchandising or planning, or perhaps you are a training manager wanting to know more about the role so you can put together a training programme. In either case, you need to start by understanding the roles and responsibilities of merchandisers and planners. Let’s begin by explaining the […]
A Beginners Guide to Retail Buying: Understanding retail buyer basics
When people say they are a Buyer, or they want a career in buying, most of us have a picture of what that might mean. They are the people who buy the products that we in turn, as customers, buy from retail shops and websites. Simple, right? But is it..? The reality is that beyond […]
Choosing between bespoke and off-the-shelf training
When it comes to business systems, most organisations will ask themselves the question of whether to choose between a standard ‘vanilla’ system or a custom build – and software vendors can readily describe the pros and cons of each. But what about training? Does the same choice exist, and how and when do you know […]
Essential merchandising processes, tools and skills for retailers
Essential merchandising processes, tools and skills for retailers Retail has always been an incredibly vibrant and exciting sector to work in. It has always been fast-moving and ever-changing as it has had to evolve to meet the evolving consumer and competitive environment. But boy, things have changed a lot in the last couple of years: […]
Implementing a new WSSI or MFP system: How to do it right
The WSSI (Weekly Stock Sales and Intake) is the engine that powers the decision making of Buying, Planning and Trading teams. Installing a new engine – while keeping the business running – might seem a daunting task, but, done right, it could transform your business. You may not have a WSSI system to speak of, […]
What is a WSSI and why is it so important?
You may not currently have a WSSI, and, having survived without, you may wonder what all the fuss is about. Or you may be wondering why you’re under pressure from your team to replace that old Excel WSSI which has been around for years… But if you’re a retailer who needs to manage the risky […]
Merchandise planning in uncertain times
There is an old joke that when asking someone for directions the response is “but if I wanted to get there I wouldn’t start from here”. Planning 2021 is going to feel very much like that, I suspect. This year is going to be a heck of a place to plan from. We’ve always had […]
Sustainable Business Change: Foundations for Success
Having been involved in many transformation and change projects over the years I wanted to share some of my experience of what I’ve learnt actually makes change not just successful, but sustainable too. So over a series of 4 posts, I’m going to share my experience about the approach I’ve seen work in the real […]
Business Change Programmes: Balancing Capabilities & Design
Delivering sustainable change requires a number of steps to work together. Last time I talked about the importance of agreeing and sharing the vision for the future. I discussed how critical it is to place your people at the heart of the change and support them to develop the vision into more tangible steps. In […]
How to Effectively Communicate Change Across the Business
In the first 2 posts from this series looking at the key steps to delivering successful change, we have so far discussed: Putting people at the heart of change – teams and stakeholders Creating and articulating a high-level vision for the change Agreeing benefits Building capability Addressing challenges Ordering the design process effectively Designing the […]
Using Training to Land & Embed Business Change for Long-Term ROI
Once you have the appropriate capability and organisational structures in place, you’ve designed the new process or system and you’ve communicated the changes and the impact it will have on both the business and the individual, the change needs to be trained out. It is no good just telling people to do it, they need […]
Choosing the Right Digital Learning Method for Your Business – Now and in the Future
Once Covid is behind us, will the world of learning and training return to the way it was a few weeks ago, or will the current constraints we are having to work under have fast-tracked us to a digital world? Along with many other things, we all know that there is a trend away from […]