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How Halara uses machine learning to make just the right amount of activewear

Inside Retail

Halara is a fast-growing athleisure and lifestyle brand founded in October 2020 by Joyce Zhang, a technologist who previously led algorithmic projects at tech-centered companies like Microsoft and Hulu. The space will be open from 11 am to 7 pm and will be running from May 31 through June 9.

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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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The 11 Best Automotive Trade Shows You Can’t Miss

Trade Group

to drop 47% by April 2020. The auto industry’s return to form coincides with the return of the events and trade show industry. Here are 11 of the biggest upcoming automotive trade shows. 9-11, 2021. The post The 11 Best Automotive Trade Shows You Can’t Miss appeared first on The Trade Group.

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Escada America files for bankruptcy

Inside Retail

Following failed lease negotiations and challenges from the ongoing pandemic, Escada America has filed for Chapter 11 bankruptcy. Kevin Walsh, director of finance, expressed that some commercial landlords were ‘reasonable’ and willing to negotiate to make things workout in 2020 and last year. .

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Are members-only supermarkets the future of grocery?

Inside Retail

Disposable income per capita in China grew by around 700 per cent from 2000 to 2020, according to Statista. A further eight stores are set to open this year, bringing the total store count to 11. In 2019, an altogether different concept hit the market in the US, in the form of Move. The rise in members-only supermarkets .

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Early Shoppers Fuel 8.5% Jump in Holiday Retail Sales

VMS

Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. Key findings from the study include: + Consumers shopped early: Continuing a trend from 2020, U.S. percent in 2020 and 14.6

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Inside the book industry’s supply chain ‘crisis’

Inside Retail

There is a cheap, accessible and innovative form of books not reliant on many of the steps in the traditional book supply chain: ebooks. In 2020, 15.9% In 2020, 15.9% This is in sharp contrast to music sales: physical music sales in Australia in 2020 accounted for just 11% of sales revenue.

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