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Second strike: Fitbit fined again for misrepresentation

Inside Retail

Fitness tracker Fitbit is facing an $11 million penalty in Australia after admitting it committed deceptive representations about consumers’ rights to a refund or replacement if the device sold was found faulty. The post Second strike: Fitbit fined again for misrepresentation appeared first on Inside Retail Australia.

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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

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No longer a “hot new thing”: Why AR shopping is here to stay

Inside Retail

However, beauty brands and other companies in various retail sectors have been integrating AR technology into the consumer shopping experience since well before 2020. This allowed consumers to “try out” a piece of furniture and get a feel for whether or not it would work. In 2020, 83.1 million in the year prior.

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From China to India, how the world’s retail markets stack up: report

Inside Retail

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. It was valued at $3.8 Estimates suggest China’s social commerce market enjoyed a 40.25

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Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

At the time, Abercrombie & Fitch was still struggling to find its footing following the exit of CEO Michael Jeffries, who stepped down in December 2014 after 11 consecutive quarters of sales decline. Abercrombie & Fitch Co’s portfolio includes Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicksin.

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4 Methods Guaranteed to Engage Esports Consumers  

Trade Show Booth Companies - Trade Group

The winning team took home more than $11 million, while the second-place team walked away with just over $4 million.) The 2018 event set the record for the largest esports prize pool, beating out the previous holder, The International 2017. For brands, more is needed to reach the esports consumer.

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Super Saturday predicted to be UK’s busiest in-store shopping day of Peak Trading, according to Sensormatic Solutions

Retail Focus

Just a quarter (27%) of UK consumers plan to head in-store on Black Friday (24 November) this year and less than a fifth (18%) intend to shop for deals online on Black Friday, according to Sensormatic Solutions’ latest research.

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