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“Running is on trend right now”: New Balance expands hybrid retail model

Inside Retail

The concept was initially launched in Guangzhou, China in December 2022, followed by Boston, Massachusetts, in February 2023, before rolling out in Singapore’s Paragon Shopping Centre, Sydney’s Westfield Bondi Junction and now Melbourne’s Chadstone shopping centre.

Balance 264
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How a modern store concept is helping Desigual reach new customers in Asia

Inside Retail

The brand’s fifth store in Singapore, which is located in Ion Orchard, features an “enhanced shopping experience” that aims to introduce more consumers to Desigual through a new perspective on the brand. Balazs Krizsanyik, general manager of Desigual in Asia. The Singapore marketplace. The future outlook.

Concept 246
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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. million in 2022, or 56 per cent of total revenue. million in 2021. Can Allbirds make a comeback?

Planning 130
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“A big vote of confidence”: Why Walmart’s store upgrades are key

Inside Retail

As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.” In 2022, Walmart accounted for approximately US$500 billion in retail sales. billion in 2017.

Display 246
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Coffee and home delivery: How food-service spending is changing in Apac

Inside Retail

More details Emil Fazira, food insight manager in Asia at Euromonitor International, said street stalls and kiosks buoyed overall industry growth during the 2019 to 2024 period with a 4 per cent CAGR in terms of value sales. The share of eat-in is expected to stick at around 60 per cent, with 66 per cent in 2023 and 67 per cent in 2028.

Consumer 147
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Can a smaller-format Whole Foods help Amazon win in the grocery market?

Inside Retail

As Whole Foods co-founder and former CEO (he left the company in 2022) John Mackey explained in an internal memo at the time, “As we have been consistently lowering prices in our core Whole Foods Market stores over the past year, the price distinction between the two brands has become less relevant.

Marketing 130
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What John Lewis’ $195m deal with Google says about the future of retail

Inside Retail

From an end user perspective, it promises to accelerate the efficiency of the John Lewis partnership’s employees, allowing them to offer a more enriched customer-centric approach and wield data-driven insights for product and service refinement. ROI will be icing on the cake,” he said.