The conversations I’ve been having over the past six months are finally bearing fruit. February has been our strongest month across the board for as long as I can remember, and that’s reflected in some key business stats:
📈 Jobs per head have reached their highest level in a year
📈 CVs sent are at a 12-month peak
📈 New opportunities added are at their highest since May ‘24
Salesforce and Adobe are making a strong push to regain market share, particularly from businesses that embraced a composable architecture only to realise it’s not the right fit. At the same time, we’re seeing a shift from ‘best of breed’ towards ‘best of suite’ – aligning perfectly with these trends. Companies no longer want to juggle seven or eight different providers when they used to rely on just one. These frustrations are surfacing now, creating new opportunities.
Speaking of opportunities, we’re seeing increased demand across delivery, product, and middle management – another positive sign, especially with our vacancies skewed heavily towards engineering in 2024.
While it’s encouraging to hear more conversations about growth and recruitment budgets, caution remains. The economic climate is still uncertain, and budgets remain tight. That said, in retail especially, businesses are recognising they can’t afford to stand still – so investment is happening.
Market Spotlight + Top 5 eCommerce Stories This Month
- In The Style is set to enter administration, with owner Baaj Capital expected to appoint FTS Recovery. The brand, once valued at £100m, was sold for £1m in 2023. A pre-pack insolvency deal may be considered, though the impact on staff remains unclear READ MORE
- Pret A Manger confirmed its coffee subscription will remain at £5 per month, scrapping a planned price hike to £10. The subscription offers 50% off up to five barista-made drinks daily, part of the brand’s Club Pret offer READ MORE
- John Lewis & Partners added 49 new fashion brands for the spring season, including DRAGON DIFFUSION, Second Female Aps, and S.S.DALEY. These additions bring the total number of brands to over 350. The move aims to attract a broader customer base READ MORE
- Tesco is trialling bespoke discounts based on shopper behaviour through its Clubcard Prices loyalty scheme. Customers chosen to participate will receive “Your Clubcard Prices” delivered through the app every Wednesday READ MORE
- B&Q extended its on-demand delivery service with Deliveroo to over 9,500 products, adding five larger stores in London. Customers in Beckton, Sidcup, Watford, Acton, and Romford can now receive DIY, gardening, and homeware items in as little as 25 minutes READ MORE
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