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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. The customer-first plan was introduced back in 2019 and remains the centrepiece of the company’s strategy to deliver for all its interested parties.

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Managing inflation: Here’s how to know when the price is right

Inside Retail

There are two ways retail business owners can approach product pricing strategy. What the competition is doing will also be a factor in determining pricing strategy but it’s not everything – business owners need to focus on their operation. Endlessly absorbing costs and making reckless price hikes are crazy brave strategies.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

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What Rebel got right: lessons to learn from the Women’s World Cup

Inside Retail

For instance, Adidas doubled its production of Germany’s women’s football merchandise compared to the previous Women’s World Cup in 2019. US-based online sportswear retailer Fanatics similarly saw sales of women’s soccer products increase by over 80 per cent compared to 2019. It provides numerous brand association opportunities.”

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How digital signage and kiosks can help stores match the online experience

Inside Retail

This means adopting new-generation technologies such as digital signage, powered by a robust operating system, enabling remote management, personalisation and interactivity with in-store signage. “As We offer them a sort of digital canvas: retailers have their own strategy and we give them the digital medium to execute inside their stores.”.

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Can Gen Z intimates brand Parade maintain its cult status post-acquisition?

Inside Retail

Founded by then-21-year-old Cami Téllez in 2019, Parade was initially created to fill a gap in the market for stylish and size-inclusive bras and underwear for Gen Z consumers. With smaller but more responsive followings, these micro-influencers helped build an organic and socially engaged audience base.

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Barnes & Noble CEO: “The big guys should be doing better”

Inside Retail

The American Book Association (ABA) measured 2,185 bookstore businesses, 2,599 locations, and over 300 more members in 2023 than it had in 2019, making its highest membership levels in over 20 years. In August 2019, Daunt was appointed as Barnes & Noble’s CEO, presumably to “save” the retailer in a similar manner.

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