What does 2023 have in store for the retail industry? Talent shortages, cost of living, and more technology
Dec 5, 2022
What does 2023 have in store for the retail industry? Talent shortages, cost of living, and more technology
Years of difficulty and uncertainty in the retail industry have resulted in over half (53%) of retail employees currently feeling overworked and underappreciated, suggests new data from workforce management technology company Fourth.
Fast-rising hospitality leaver rate piles pressure on recruitment and retention
Nov 2, 2022
Fast-rising hospitality leaver rate piles pressure on recruitment and retention
More staff are leaving jobs in hospitality now than at any time since the start of the pandemic.
The latest data from Fourth, the industry’s leading provider of inventory and workforce management solutions, shows that 8.3% of the workforce left the sector between August and September.
63% of retail leaders plan to hire more staff with festive season nearly upon us
Oct 20, 2022
63% of retail leaders plan to hire more staff with festive season nearly upon us
63% of retail leaders expect to hire more staff in the remainder of 2022 with the Christmas trading period fast approaching. This is according to market research conducted by the leading retail and hospitality technology company Fourth.
A third of retail employees are concerned about fewer customers as consumer confidence dips
Sep 20, 2022
A third of retail employees are concerned about fewer customers as consumer confidence dips
A third (33%) of retail employees expect to see fewer customers amid consumer confidence dips during the cost of living crisis according to market research by the leading retail and hospitality technology company, Fourth.
Hospitality Headcount Hits Two Year High – but Leaver Rate Remains Major Cause for Concern
Aug 1, 2022
Hospitality Headcount Hits Two Year High – but Leaver Rate Remains Major Cause for Concern
Hospitality staffing numbers are nearing pre-pandemic levels, but a series of factors such as increasing rates of pay, high staff turnover, and the changing make-up of the workforce, are piling pressure on employers.
Hospitality Food Costs Soar Up To 40% As Supply Chain Fragility Hits Hard
Jul 18, 2022
Hospitality Food Costs Soar Up To 40% As Supply Chain Fragility Hits Hard
Spiralling costs and major disruption to the supply chain are having a drastic impact on hospitality operators’ food and drinks bills – and profits – according to latest data. A new report from Fourth, the leading global software provider for the hospitality and leisure industries, shines a light on how global events, including the fallout from the pandemic and the war in Ukraine, has created unprecedented supply chain issues.
99% Of Retail Leaders Say Talent Shortages Are Still A ‘Worry’ For Their Business
Jul 18, 2022
99% Of Retail Leaders Say Talent Shortages Are Still A ‘Worry’ For Their Business
Almost all UK retail leaders (99%) are worried about talent shortages in their business, with larger retailers most likely to have concerns, according to market research by the leading global software provider for the retail and hospitality sectors, Fourth.
The Peabody Memphis Adopts Fourth’s Procurement and Inventory Management Solution to Control Costs
Apr 28, 2022
The Peabody Memphis Adopts Fourth’s Procurement and Inventory Management Solution to Control Costs
Peabody Hotels & Resorts, a full-service hospitality company that directs the operations of high-quality hotels through elevated standards of operations and service delivery, today announced it has partnered with Fourth, a leading provider of workforce and inventory for the hospitality, restaurant and retail industries, to supply critical support to its signature Memphis location, The Peabody Memphis.
Highway West Vacations Selects Fourth’s Workforce Management Solution to Boost Efficiency
Mar 14, 2022
Highway West Vacations Selects Fourth’s Workforce Management Solution to Boost Efficiency
Highway West Vacations, a brand dedicated to creating the most desirable outdoor hospitality experiences in the Western United States through unparalleled amenities and accommodations, today announced it has partnered with Fourth, a leading provider of workforce and inventory solutions for the hospitality, restaurant and retail industries.
KSL Resorts Selects Fourth’s Procurement and Inventory Management Solution to Aid Expansion
Mar 14, 2022
KSL Resorts Selects Fourth’s Procurement and Inventory Management Solution to Aid Expansion
KSL Resorts, a full-service hospitality company that manages world-class destination resorts, hotels and clubs, today announced it has partnered with Fourth, a leading provider of workforce and inventory solutions for the hospitality, restaurant and retail industries, to supply critical support to an expanding property portfolio.
Holland & Barrett, Robert Dyas, Ryman, and Boux Avenue to use Fourth’s workforce management technology
Jan 10, 2022
Holland & Barrett, Robert Dyas, Ryman, and Boux Avenue to use Fourth’s workforce management technology
Fourth, the leading global software provider for the retail and hospitality sectors, has today announced partnerships with two of the UK’s leading retail brands in Holland & Barrett and the Theo Paphitis Retail Group (TPRG) – which includes popular high street brands Robert Dyas, Ryman, and Boux Avenue.This partnership will see Fourth’s cutting-edge workforce management technology implemented in over 1,000 stores across the UK for almost 10,000 employees of Holland & Barrett and TPRG.
Fourth to Acquire PeopleMatter and Hiring Manager to Complement End-to-End Workforce Management and Operations Product Suite
Oct 6, 2021
Fourth to Acquire PeopleMatter and Hiring Manager to Complement End-to-End Workforce Management and Operations Product Suite
Together with Fourth, PeopleMatter’s vertically focused applicant tracking software allows restaurant, hospitality, and retail operators to seamlessly find and onboard hourly talent
HotSchedules Enters New Era of Serving Hospitality and Retail under Global Brand, Fourth
Dec 2, 2020
HotSchedules Enters New Era of Serving Hospitality and Retail under Global Brand, Fourth
HotSchedules, the leading provider of end-to-end, best-in-class technology and services for the restaurant and hospitality industries, announced today the company will be operating under a unified global brand, Fourth, effective immediately.
Hospitality Job Losses Remain in Line With Recent Months, With Recruitment at a Standstill
Nov 6, 2020
Hospitality Job Losses Remain in Line With Recent Months, With Recruitment at a Standstill
As England goes into a second lockdown, the latest figures from Fourth, the leading global software provider for the hospitality sector, reveal the impact COVID-19 continues to have on jobs, with a fifth fewer sector jobs compared to a year ago.
Fourth Enterprises Selected as Preferred Vendor for Great Harvest Franchising, Inc.
Oct 22, 2020
Fourth Enterprises Selected as Preferred Vendor for Great Harvest Franchising, Inc.
Fourth Enterprises, parent company of HotSchedules and the leading provider of end-to-end, best-in-class technology and services for the restaurant and hospitality industries, today announced a preferred vendor agreement with Great Harvest Franchising Inc. to provide workforce management solutions to its more than 200 bakery and café franchisees.
Almost half of Hospitality Workers remain on furlough, as the scheme comes to an end this month
Oct 12, 2020
Almost half of Hospitality Workers remain on furlough, as the scheme comes to an end this month
The latest figures from Fourth, the leading global software provider for the hospitality sector, and Wireless Social, a leading Wi-Fi solutions provider, have revealed the impact COVID-19 has had, and continues to have, on jobs and footfall.
Market confidence dips again, but groups are more optimistic than independents
Sep 29, 2020
Market confidence dips again, but groups are more optimistic than independents
Latest Business Confidence Survey from CGA and Fourth reveals widespread concerns about trading conditions but very cautious confidence among some multi-site operators
Fourth data reveals success of the Eat Out to Help Out initiative, driving a 50% increase in sales in the first week
Aug 17, 2020
Fourth data reveals success of the Eat Out to Help Out initiative, driving a 50% increase in sales in the first week
The latest figures from Fourth, the leading global software provider for the hospitality sector, have revealed the remarkable success of the Eat Out to Help Out scheme in boosting sales, with restaurant companies benefiting the most from the Government-backed initiative, followed by the pub and bar sector, and then QSR.
A cautious return to trading as 84% of hospitality sector leaders indicate uncertain consumer demand is the key concern
Jul 2, 2020
A cautious return to trading as 84% of hospitality sector leaders indicate uncertain consumer demand is the key concern
Business Confidence Survey from CGA and Fourth indicates widespread anxiety but signs of guarded confidence as restaurants, pubs, bars welcome back guests
Fourth data reveals hospitality workers’ monthly pay could be down as much as 40% as furlough payments do not factor in Tronc
May 29, 2020
Fourth data reveals hospitality workers’ monthly pay could be down as much as 40% as furlough payments do not factor in Tronc
The latest figures from Fourth, the leading global software provider for the hospitality sector, reveal that Tronc payments make up on average more than 25% of hospitality workers’ basic pay, for the significant cohort that receive it.
Industry stepping up plans for a depleted market post lockdown
May 6, 2020
Industry stepping up plans for a depleted market post lockdown
The latest CGA Business Confidence Survey reveals that operators remain deeply pessimistic about both market prospects and future of their own businesses.
Plate IQ Partners with HotSchedules to Launch Gift a Plate to Support Restaurants and Feed Families in Need
May 4, 2020
Plate IQ Partners with HotSchedules to Launch Gift a Plate to Support Restaurants and Feed Families in Need
Plate IQ has teamed up with HotSchedules to establish the nonprofit organization, Gift a Plate, in an effort to aid those impacted by the COVID pandemic.