Sun.Jan 22, 2023

article thumbnail

Woolworths to close 250 in-store butchers

Inside Retail

Woolworths says it will close 250 of its in-store supermarket butchers by March as customers continue to trend towards pre-packaged meat. “We’ve recently conducted a review into our in-store butcher shops and found that they account for just 4 per cent of meat sales as customers continue to move towards our more convenient pre-packaged options,” the company told ABC. “We deeply regret the impact of this decision on the team members who work in our butcher shops and we kno

Shopping 246
article thumbnail

Survey: Many Retailers Reluctant to Innovate

VMS

Less than a fifth (17 percent) of retailers can be considered true innovation leaders, despite the majority recognizing the critical importance of such forward thinking for growth. That’s one of the major findings contained in a survey of 233 retail executives undertaken by Incisiv and Toshia Global Commerce Solutions. The survey found that innovation leaders outperform their non-leader counterparts in several key business metrics.

105
105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Booktopia finds path towards $12 million+ earnings boost

Inside Retail

Pureplay retailer Booktopia says it has identified several business initiatives it expects will boost its bottom line by between $12 million and $15 million during the next financial year. In a business update filed with the ASX, the company said the initiatives are a response to “changing consumer sentiment, greater competition online and inflation”.

article thumbnail

Fashion Goes Tech: The Rubik Model and Patagonia

Fashion Retail

Part II of Supply Chain in Fashion The Rubik Model Today, retail is not only about the “what” (product) but about the “how” (experience). It’s a configuration model like the Rubik cube, a flexible model with many possibilities: standard collections, capsules, customization, renting, resale, subscription boxes, and so on.

Fashion 59
article thumbnail

From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

article thumbnail

Hitting the books: the importance of back-to-school for Aussie retailers

Inside Retail

For some retailers, ‘back to school’ sits with Black Friday, Christmas and Boxing Day as the most important, revenue-driving dates in the calendar. It enables specialty brands to reach target audiences, who are stocking up on clothes, supplies, technology requirements and other essentials ahead of the school year. It can also set retailers up for success in the year ahead, with data from Finder demonstrating that parents will spend $11.4 billion on back-to-school costs in 2023.

article thumbnail

Engineered to Order Your Way, Right Away

Global Shop

When you encounter a customer with high-level requirements yet lacking detailed specifications, you’re likely manufacturing in the engineer-to-order (ETO) space. Differing from their make-to-order counterparts, ETO manufacturers face a unique set of challenges. As an ETO manufacturer, do you find yourself asking the following questions: How can I stay organized with so many customer-supplied design documents?

More Trending

article thumbnail

Forget about boring traditional light bulb designs: here 5 original designs

Design Wanted

In this article, we’ve handpicked five original light bulb designs, which are sure to enhance the aesthetic appeal of any space. Throughout centuries, lighting has been […] The post Forget about boring traditional light bulb designs: here 5 original designs appeared first on DesignWanted.

Light 52
article thumbnail

Why Rent the Runway’s partnership with Amazon is a game-changer

Inside Retail

Leading clothing rental platform Rent the Runway has secured a major partnership with Amazon Fashion. The global retail behemoth will launch a Rent the Runway storefront on the marketplace’s website. Offering Amazon shoppers access to thousands of gently used rental fashion and new items from The Design Collective range. The Rent the Runway store on Amazon will sell hundreds of styles from its inventory including categories such as casual wear, workwear, and occasional wear.

Fashion 130
article thumbnail

Brisbane Airport seeking premium food and QSR brands

Inside Retail

Brisbane Airport has announced it is on the hunt for 10 premium food and beverage, and seven QSR brands, to open in the Domestic Terminal. Martin Ryan, Brisbane Airport Corporation executive general manager commercial, is excited about the next stage in the airport’s development. “It’s been amazing to see the incredible bounce back of domestic travellers post-Covid, and the fervour in which they have taken to the new cuisines and offers we released in the Northern Terminal in 2019.

Location 130
article thumbnail

It’s time for retailers to put the ‘serve’ back into self-serve

Inside Retail

Love them or leave them, self-serve checkouts are now part and parcel of the grocery shopping experience. Many in the industry view these kiosks as quick and convenient, but personally, I’m not so sure. Have you seen the conveyor belt self-checkouts that Coles has been rolling out over the last few years? Basically, it’s like a typical staffed checkout but without an actual Coles team member serving you.

Line 130
article thumbnail

The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.