Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

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Retail Focus

OCTOBER 25, 2023

Retailers have continually adapted to changing consumer demands, technological advancements, and shifting societal values. Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of department stores. This era was often described as consumer warfare.

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Inside Retail

SEPTEMBER 15, 2021

Department store Myer has enjoyed the fruits of a rebounding retail environment in FY21, with total sales up 5.5 The business’ Myer One loyalty program has also been a solid driver of customer spending, and throughout the year Myer hit record levels of customer satisfaction in store and net promotor scores online.

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Retail Focus

DECEMBER 12, 2023

Retailers who incorporate interactive elements can encourage passersby to engage with the scene, which enhances the overall experience and makes it memorable. Retailers are no longer using static displays; now they use cutting-edge technology like augmented reality and interactive elements to engage passersby.

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Inside Retail

OCTOBER 19, 2021

Litmus Retail Group has partnered with Myer on a physical showroom concept that will enable the department store to display big and bulky products, such as treadmills, e-scooters and stand-up desks, and track how consumers are engaging with them to inform future buying decisions.

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Inside Retail

OCTOBER 11, 2021

Retailers expect to continue to grow online sales, even allowing for the reopening and unrestricted trading of bricks-and-mortar outlets; for example, Myer, the struggling department store chain, believes it can leverage its iconic brand to double online sales to around $1 billion.

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Inside Retail

DECEMBER 14, 2022

Both brands were able to maintain their wholesale relationships, with Bardot seeing a different type of consumer on its websites, compared to in-store, prior to the closure of its 72 stores in 2019. We’re looking to expand [Bardot Junior] through these department stores, [as well as] through our digital channels,” he said.

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Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. That includes the Japanese department store chain Takashimaya. Takashimaya opened its first store in Kyoto, Japan, in 1831, selling gofuku (formal kimono).

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Inside Retail

APRIL 21, 2024

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively. Two thirds (66.3

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Inside Retail

MARCH 3, 2024

Sharing the good fortune Another example of a retailer’s growing focus on loyalty programs is Australian department store, Myer. million engaged members of its 7.3 It recently strengthened its Myer One loyalty program by partnering with American Express, Commonwealth Bank, and Virgin Australia’s Velocity program.

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Inside Retail

AUGUST 10, 2023

With over 460 million people using social media platform Pinterest each month, there are countless opportunities for savvy retailers to capitalise on this engagement, and convert traffic into sales. Through these campaigns, Big W drove 34 per cent higher engagement, and 77 per cent lower cost per acquisition, compared to retail benchmarks.

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Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the department store. .

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Inside Retail

APRIL 9, 2024

The opportunity retailers are leaving on the table goes well beyond customer retention, it’s the opportunity to generate incremental customer retention that targets consumers who chose to opt into the brand. Instead, Shelper said, retailers should focus on providing cost-effective value to their members to encourage deeper engagement.

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Inside Retail

APRIL 10, 2024

In an era marked by escalating living expenses and an ever-growing environmental consciousness, consumers worldwide are reshaping their purchasing behaviours, with potentially significant impacts on the retail industry. A birds eye view According to Zuniga, global consumer sentiment is increasingly prioritising sustainability.

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Inside Retail

AUGUST 3, 2022

The discount department store has just launched its first range of DIY products, including wallpaper, flooring, curtains, blinds, furniture paint and adhesive tiles, with the aim of making it easier than ever for customers to hack its products. Now, the retailer is getting in on the action.

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Inside Retail

DECEMBER 4, 2023

Now, in partnership with the Fifth Avenue Association and luxury department store Bergdorf Goodman, Nest has created an exclusive, olfactory shopping experience around its best-selling product. Consumers can also scan a QR code on the holiday tree display to shop Nest products online at Bergdorf Goodman directly on their phones.

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Inside Retail

DECEMBER 13, 2021

For nearly two years, retailers have faced Covid-19 lockdowns and restrictions, with e-commerce changing consumer expectations and the role of physical stores and online channels. The future winners will be those who build a connected ecosystem of related services that customers can engage with through one seamless experience.

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Inside Retail

FEBRUARY 19, 2024

Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi department store in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall. Its location in Taipei was designed after careful consideration of Shin Kong Mitsukoshi A8 shoppers.

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Inside Retail

NOVEMBER 8, 2022

per cent) and department stores (down 0.4 Aussie consumers appear to be still spending those cash reserves built up over the Covid years, engaging in some sort of short-term gratification, turning to retail therapy to deal with the news of impending crises. . per cent bump.

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Inside Retail

JULY 21, 2021

“The journey that our business has been on with Anchorage Capital over the last six or so years is really one of turnaround and investment into our digital business and into our direct-to-consumer retail business,” Brown said. The transformation from a broken business to a really good business with great potential is now complete.

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VMS

DECEMBER 22, 2021

“Our retail customers use Matterport technology in a variety of different ways, whether that’s creating a virtual showroom where consumers can shop for holiday gifts or using digital twins to remotely manage store design and operations,” said Conway Chen, Vice President of Business Development of Matterport. Read the case study.

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Inside Retail

SEPTEMBER 6, 2022

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. The report concludes that the post-Covid spending spree has been particularly centred around discretionary categories including department stores, apparel and catered food.

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Inside Retail

APRIL 25, 2022

Luxury department store Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. Physical stores are seeking to understand their place in the digital economy and align with this cultural phenomenon.

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Inside Retail

JUNE 30, 2021

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Businesses that offer customers both physical and online store options tend to see higher customer engagement and sales.

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Inside Retail

OCTOBER 17, 2021

Parents from the survey were nearly five times as likely to encourage girls to engage in dance and dress-up activities than boys. Conversely, they were almost four times as likely to encourage boys to engage in program games and sports than girls, and over twice as likely to do so with coding toys.

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Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. But while online sales boomed in FY21, Myer’s in-store sales suffered from forced closures during lockdown. One good result.

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Inside Retail

FEBRUARY 22, 2024

I work as their head of sales for the ANZ region growing their business in ANZ by onboarding every relevant retailer across beauty, fashion, lifestyle onto the platform and in some cases being engaged to run a brand’s influencer marketing strategy from end to end. AT: I love how varied my days are and that is how I stay engaged.

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Inside Retail

OCTOBER 18, 2021

Luxury Swiss watch brand Tissot has just launched a new product that is a hybrid between a traditional timepiece and a smart watch, as it looks to keep pace with consumers’ changing needs and expectations. We recently launched our own online corporate store, which has gone from strength to strength throughout 2021.

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Inside Retail

AUGUST 1, 2023

Axel Winter, chief executive officer of Pivot Digital Pte Ltd Expanding functionality According to Winter, the OneSiam app already caters to a diverse customer base in Bangkok, including a new generation of consumers. We must recognize that the time for digital transformation has already passed.

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Inside Retail

SEPTEMBER 12, 2023

Recent research has revealed that luxury Australia retailers aren’t doing enough to capture the attention of, and drive consumer spending by, migrants of Asian background and heritage. In order to do so effectively, she stressed the importance of understanding the various factors and intricacies that inform their consumer behaviour.

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Retail Focus

FEBRUARY 4, 2022

At the flagship stores of sports brands such as Nike for example, it is clear how movement-based games offer a “phygital” experience that entertains and engages participants. The game promoted consumer confidence in the product and resulted in a remarkable 48 percent of players buying it. Credits: Burberry. Credits: Fendi.

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Inside Retail

APRIL 8, 2024

Bailing doesn’t fix the hole Let’s look at the troubled department store sector. Not only have the various attempts at transformation failed to gain any real traction, but also their lackluster efforts (particularly in the case of Macy’s and JCPenney) have forced them to close hundreds of stores and engage in significant cost-cutting.

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RetailMinded

DECEMBER 26, 2023

The backbone of retail was once built on the backs of brick-and-mortar stores but the fast rise of e-commerce broke that back. Consumer behaviors changed greatly and at an incredible pace. Factors Contributing to the Resurgence After the pandemic, consumers found a renewed interest in physical brick-and-mortar stores.

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Inside Retail

SEPTEMBER 27, 2021

After identifying that bedding was a category (desperately) in need of innovation, my partner, Andy, and I began to grapple with the idea of revolutionising the way consumers shop for their sheets. HW: Traditionally, we shopped for sheets in department stores. I feel like some new DTC brands are coming into the market.

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Inside Retail

JANUARY 9, 2024

Instead, Maxum worked with figures in what he describes as the action sports area, including windsurfer and four-time Olympian Jessica Crisp, and has always been in tune with the arts and culture, engaging actor Daniel MacPherson and musician Phil Ceberano. “We’ve It was very successful.

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Trade Show Booth Companies - Trade Group

OCTOBER 3, 2023

Experiential marketing is often called “engagement marketing” or “event marketing.” ” Experiential marketing is a dynamic and immersive approach that yearns to create memorable and meaningful connections between the brand and the faithful consumers. By the 1990s, guerrilla marketing was everywhere.

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Inside Retail

OCTOBER 24, 2021

US department store Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.

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