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

Inside Retail

The results are impressive considering less than 10 years ago, in 2016, the company’s namesake brand, Abercrombie & Fitch, was ranked as one of the most hated retailers in the US by the American Customer Satisfaction Index. Net income rose six times over to hit US$115.1 Are we exclusionary? Absolutely.”

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New Zealand case against Bunnings’ pricing dismissed

Inside Retail

Auckland Court Judge BA Gibson said, however, that Bunnings’ marketing around it’s pricing was always tied to its price guarantee, where it will beat a competitors price by 15 per cent in New Zealand, and 10 per cent in Australia. Many consumers are strongly motivated by price when making purchasing decisions,” Rawlings said. “In

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Facebook, EssilorLuxottica unveil first smart glasses

Inside Retail

The social media giant, which reported revenue of about $86 billion in 2020, makes most of its money from advertising but has invested heavily in virtual and augmented reality, developing hardware such as its Oculus VR headsets and working on wristband technologies to support augmented reality glasses.

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Retail Spaces That Build Community

Quarter 20

In particular, retailers are finding success by delivering these in-store community experiences to consumers who want to feel a part of something larger and desire a sense of belonging. Their goal: Give consumers the tools and opportunities to become their best selves. Giving the product a purpose: Consumers can better learn.