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Australian Retail Outlook 2023: Paradigm shifts and fresh perspectives

Inside Retail

Let’s start with shoppers finally emerging from a Covid-19 cocoon of contemplation and online shopping. More importantly, however, “The whole concept of just-in-time sourcing that Australia has relied so heavily upon has crumbled,” Bowden remarked. More than ever, it is a time for new perspectives and fresh approaches.

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

Inside Retail

The New Balance UCC (uncommonly common concept) store is redefining the traditional retail experience by placing people, not products, at the forefront of the retail experience. New Balance sits at the intersection of sports and cultural heritage and its new UCC concept stores aim to reflect that.

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Polestar is bringing its award-winning retail concept, Space, to Australia

Inside Retail

The Swedish performance electric car brand is opening its first ‘Space’ store in Australia, at Melbourne’s Chadstone Shopping Centre, this summer. The ‘Space’ retail concept enables customers to interact with the Polestar brand, meet product specialists and take a test drive in the all-electric Polestar 2. Buying Polestars online.

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From bricks to brand, here’s how concept stores bring it all together

Inside Retail

With so many accustomed to shopping online, thousands of stores have made the switch to e-commerce, reducing their in-store offering and teams. At the same time, several forward-thinking retailers are focusing on taking their in-store experience to a whole new level by introducing new-wave concept stores into their arsenal.

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Exclusive: The thinking behind Coles’ revamped Chadstone flagship store

Inside Retail

Located within Chadstone shopping centre, the largest shopping centre in Australia, the tweaked design comes as Vicinity Group invests in making Chadstone a renowned food destination in addition to being known as the nation’s “fashion capital.” The project soft-launched in February and officially opened on March 6.

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Oroton Group boosts profits as growth strategy kicks in

Inside Retail

“It’s clear our apparel strategy is working, both from a sales perspective but also in terms of adding relevance and resonance to the brand. “We In August, the brand opened a concept store in Paddington, Sydney. We are making huge progress in our objective to create a great fashion retailer.

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

Inside Retail

The retailer used RetailNext’s software-as-a-service (SaaS) platform to measure consumers’ shopping journeys through the store anonymously, gathering data such as sales figures, traffic figures, customers’ gender and more. Showfields made the mistake of over-paying for real estate and then expanding a concept that had rather limited appeal.