Sun.Dec 03, 2023

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Propel Group to sell Driza-Bone business

Inside Retail

Propel Group is selling its water-resistant coat and apparel brand Driza-Bone to billionaire mining magnate Gina Rinehart via her S Kidman and Co pastoral company. The deal, whose value has not been disclosed, marks Rinehart’s foray into fashion retail. Driza-Bone, acquired by Propel Group in 2008, was merged with country apparel retailer RB Sellars in 2017.

Apparel 273
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Most important date for the decoration and festive decorations sector

Retail Focus

Christmasworld focuses on the strongest-selling and most emotional time of the year and exploits the success factor of experience at the point of sale like no other consumer-goods trade fair. This makes it the world’s most important ordering event for the international decorations and festive decorations sector. Every year in Frankfurt, it presents the latest products and trends for Christmas and all other festive occasions.

Outdoor 147
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Meet Gen Alpha, the kids and tweens already influencing purchase decisions

Inside Retail

Over the last few years, a new demographic is set to become more prominent in the retail landscape. We’re talking about Generation Alpha – or people born between 2010 and 2024. Born into an era of record global birth numbers, when this generation is complete IT will total almost 2 billion globally, and will be the largest generation in the history of the world.

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Analysing the role of artificial intelligence in retail

Retail Focus

If you follow what is being reported and printed in the mainstream media, it seems there is no escape from artificial intelligence, or AI if you prefer. Take the recent meeting between Prime Minister Rishi Sunak and tech billionaire Elon Musk; AI was the focal point of the conversation, with Musk warning AI will lead to the eradication of some jobs.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Metcash’s revenue rises amid higher food, liquor, hardware sales

Inside Retail

Wholesaler Metcash’s revenue grew in the first half of FY24 amid higher sales across its food, liquor, and hardware businesses. Metcash is known for its supermarket brands IGA and Foodland and convenience brand Campbells/C-Store. It also owns liquor store brands Cellarbrations, IGA Liquor, and The Bottle-O, and hardware store brands Home Hardware, Total Tools , and Hardings Hardware.

Marketing 246
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Pet Rules for Apartments: Policies to Attract & Retain Tenants

Parcel Pending

When it comes to creating a pet policy for an apartment community, property managers must remember that the largest groups of apartment residents in the country are increasingly also pet owners. This means that for many prospective residents, it’s critical that their furry friends are at home in the building where they live with their pet parents. Apartment Pet Ownership: Facts & Figures Did you know that there are currently more households with pets than with children?

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PDD overtakes Alibaba as China’s most valuable e-commerce firm

Inside Retail

US-listed shares of Alibaba Group Holding declined on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key businesses, hours after PDD raced past its rival to become the most valuable Chinese e-commerce firm. Alibaba’s stock slipped 3.2 per cent to $72.5, touching a fresh one-year low. The shares are down nearly 17 per cent since the company last month posted in line second-quarter revenue and scrapped plans to spin off its cloud business.

Marketing 130
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TikTok and ‘deal’ mentality: What’s driving demand for advent calendars

Inside Retail

With Black Friday behind us and holidays like Hanukkah, Christmas and New Year’s just around the corner, retail’s peak period is in full swing. One particular area of interest is advent calendars, which are more popular than ever. Just last year, luxury department store chain Saks Fifth Avenue sold six different types of advent calendars; in 2023, that number tripled.

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Here’s a look at the consumer trends set to shape APAC retail in 2024

Inside Retail

Understanding the latest trends is paramount for businesses aiming to thrive in an increasingly competitive market. Euromonitor International, a global market research company, recently unveiled its report on the top global consumer trends, which delves deep into the dynamics shaping consumers’ values and shopping motivations, shedding light on the profound influence of artificial intelligence (AI), sustainability initiatives, and socio-economic factors.

Consumer 130
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Why Chemist Warehouse wants to educate customers about clinical trials

Inside Retail

Clinical trials are vital to advancing medical research, but because they’re usually conducted in laboratories, it’s almost impossible to get everyday people involved, and this can skew the results. However, a new collaboration between clinical researchers at ObvioHealth and Australian pharmacy chain Chemist Warehouse promises to bring clinical trials to a wider audience: Chemist Warehouse’s 500,000 daily shoppers.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.