Wed.Dec 14, 2022

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Dexus’ Beenleigh Marketplace shopping centre fetches $85 million

Inside Retail

Property investment and development firm Mintus has acquired Brisbane’s Beenleigh Marketplace for $85 million. Simon Rooney, head of retail capital markets, CBRE (commercial real estate services), negotiated the off-market sale of the centre on behalf of Dexus following the recent purchase of Shepparton Marketplace in Victoria for $88.1 million. Rooney said investors were attracted by the centre’s combined sales performance and the income security of its major tenants – Woolworths and Big W – to

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How to Boost February Sales

Retail Focus

February can be tough for retail. The festive period is over, and the January sales are gone. With many consumers reining in spending after the excess of the previous months, an inevitable sales dip follows. Yet for businesses, there are ways sales can be boosted and crucially, ways to use the downtime effectively. Below, we give three ways to boost sales in February. .

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Woolworths takes controlling stake in pet chain Petspiration

Inside Retail

Woolworths Group has taken control of pet retail chain Petspiration, acquiring a 55 per cent stake in the company valued at $586 million. Petspiration owns and operates several businesses, including retail brand PetStock, which has a network of 276 stores, e-commerce platforms such as Pet.co.nz, with a 2.4 million member loyalty program, and a range of own-brand products under labels including Caribu and Glow.

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Over 175,000 sq ft of new deals at Merry Hill in 2022 Capped off by Lids regional debut

Retail Focus

Sovereign Centros has announced the opening of Lids, a leading global retailer specialising in licensed sports and fashion-oriented headwear and apparel, at top 10 retail and leisure destination Merry Hill. The regional debut caps off a successful period, with more than 175,000 sq ft of new deals secured in the calendar year at the destination. Spanning 935 sq ft, the new Lids at Merry Hill is the retailer’s first in the West Midlands.

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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.

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From Line to TikTok: Exploring APAC’s US$1 trillion social commerce market

Inside Retail

When it comes to social commerce or ‘shopper-tainment’, the valuations of this burgeoning space can fluctuate wildly. One report claimed that social experiences will directly influence US$42 billion of e-commerce sales in Southeast Asia by the end of 2022. On the other hand, another report claimed that this could be a US$1 trillion opportunity in APAC by 2025.

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The Yards, Covent Garden extends beauty offering with arrival of Townhouse

Retail Focus

Longmartin Properties Ltd, a joint venture between Shaftesbury and the Mercers’ Company, has announced Townhouse , the UK’s leading nail care brand, has opened within The Yards, Covent Garden, marking the salon’s eighth location. Located at 6 Slingsby Place, Townhouse has opened its 1,000 sq ft unit within The Yards, Covent Garden, boasting renowned and award-winning treatments, industry-leading technology and instagrammable interiors.

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FTC Issues Green Guides Questionnaire

Hunton Andrews Kurth

As we recently reported , the FTC voted to issue a notice in the Federal Register seeking input on updating its Green Guides. The FTC’s notice seeks input on a number of areas addressed by the current Guides, which last were updated in 2012. Among the environmental marketing claims the agency is asking the public to weigh in on are: Carbon Offsets —whether there are any specific claims related to carbon offsets not currently addressed by the Green Guides and whether there is any consumer researc

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VIDEO | The Future of Food: Race to net zero

Inside Retail

Welcome to the final episode of The Future of Food, a three-part video series which explores how the grocery sector is likely to change in the next few years. . If you missed the first or second episodes, click here to check them out. . For this episode, we spoke to Woolworths’ general manager of climate and environment Fiona Walmsley about how climate change has impacted the sector, and what supermarkets are doing to avoid further damage moving forward.

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Sears Hometown Files for Bankruptcy

VMS

Sears Hometown Stores (Hoffman Estates, Ill.), a home goods-focused offshoot of the failed retail giant, has filed for Chapter 11 bankruptcy in Delaware, where it is incorporated, Retail Dive reports. In its filing , the company said it has less than $50 million in assets, but $50 million to $100 million in liabilities. The chain, including locations run by independent dealers, has about 121 stores in 26 states and Puerto Rico, down from nearly 500 when TransformCo, also known as “new Sears” run

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Lagardere opens Aelia Duty Free stores at Adelaide Airport

Inside Retail

Travel retail company Lagardere has launched its Aelia Duty Free stores at Adelaide Airport. The new stores, designed and built in collaboration with Peckvonhartel, Trivision, Studio All and Bestec, more than double the duty-free retail offer in both the arrivals and departures areas. Travellers can enjoy brands and experiences from all duty-free categories, within an 800sqm store at departures and 400sqm store at arrivals.

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How Retailers Are Transforming Customer Experiences with Data & 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.

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Wilson, New York City | 51st International Design Competition Winner

Retail Design Institute

Wilson, New York City. Design: Bergmeyer Associates, Boston. Photography: Richard Cadan Photography, Bridgeport, Conn. This 4600-sq.-ft. pop-up in New York City focuses on celebrating Wilson’s 108-year brand history and as a tie-in to the 2021 U.S. Open. Wilson hoped to capture the energy and excitement of that marquee event. The Bergmeyer team worked with the Wilson creative team to create a distinctive experience; part museum, part lab, part lounge, and part retail store.

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Joya Touch 22, the ultimate self-shopping companion

Inside Retail

Datalogic’s newest model scanner the Joya Touch 22 opens up a world of opportunity for retailers by dramatically improving the shopping experience of their customers and freeing up staff from checkout duties. Dubbed “the ultimate self-shopping companion” the Joya Touch 22 guarantees a superior and personalised experience for self-shopping in any in-store retail environment.

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Dezeen's top 10 shop interiors of 2022

Dezeen

A fashion store filled with pillows and a furniture showroom that looks more like a luxury apartment are among our pick of the best shop interiors of the year, in the next instalment of Dezeen's review of 2022. Designers continued to play with retail conventions this year, and 2022's roundup of shop interiors also featuring a supermarket-style second-hand book store and a cosmetics brand outlet modelled on a 1970s office.

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The point of difference that will propel Bardot Junior’s growth in the US

Inside Retail

Kids fashion and occasion-wear brand Bardot Junior has launched its standalone website in the US, as part of its international expansion and growth. The brand is part of the womenswear label Bardot , which was bought out of administration and transformed by chief executive Basil Artemides and creative director Carol Skoufis in 2020. It now specialises as a wholesale and e-commerce retailer, with a focus on premium and sustainable products.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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RH to Remodel All Stores, Unveil New Gallery Design

VMS

Upscale furniture maker RH (Corte Madera, Calif.) will remodel all of its stores and introduce a new gallery design as it looks toward the coming year. That plan was disclosed by CEO Gary Friedman in the company’s third quarter earnings call , though he didn’t offer details on the upcoming brick-and-mortar initiatives. RH, formerly known as Restoration Hardware, also announced a pair of acquisitions.

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Get Employee Buy-in To Make Office Redesigns Matter

All Work

Design can spur better productivity, collaboration and improve social bonds, but it’s unlikely that a drastic change in working environment will be immediately mirrored by changes in employee attitudes and behaviors. . Without human due diligence, businesses could find themselves dealing with unexpected reactions as employees return to a transformed office. .

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P.F. Chang’s Opens New York Flagship

VMS

P.F. Chang’s (Scottsdale, Ariz.) has opened its New York flagship restaurant today, marking the brand’s first full-service location in Manhattan. Located at 113 University Place, the Union Square restaurant is its fourth flagship nationwide, joining Honolulu, Las Vegas and Atlantic City. “We are proud to offer a distinct experience at our New York City flagship, where world travelers and locals alike can create memories and celebrate traditions for years to come,” Damola

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Holiday Decor Ideas for Your Business

Mindful Design

We are well into the holidays season, so it’s time to spread the cheer and give your business space a few decorative touches. Seasonal decor is a great way to show that you’re going the extra length to make your customers happy, but it also puts you and your employees in a good mood. So […]. The post Holiday Decor Ideas for Your Business appeared first on Mindful Design Consulting.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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Consumer Survey Shows Shoppers Pulling Back on Gift Spending

VMS

A recently completed survey of more than 1000 U.S. consumers finds that a growing number are cutting their holiday spending to account for inflation. In addition, the survey – done by ecommerce platform Jungle Scout (Austin, Texas) – identified which brick-and-mortar and online retailers are most popular with respondents. Those results were contained in Jungle Scout’s Consumer Trends Report for the fourth quarter (October-December) of 2022.

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Ferre Offices by Yapi Studyo Architects

Retail Design Blog

The design of Ferre’s Istanbul offices incorporates green spaces, practical workspace options, and the kitchen appliance manufacturer’s high-end products. Yapi.

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31 Vintage Magazine Covers from VMSD’s 125-Year History

VMS

Take a trip down retail's memory lane with this timeline featuring covers from the early 20th century through the late ’90s.

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Design Week’s most popular long reads of 2022

Design Week

Designers came together to support Ukraine As the war in Ukraine approaches its 300 th day, having spanned most of 2022, two features looking at how designers in Ukraine have been supporting their country and raising awareness were of continued interest to Design Week readers. The first was from Kyiv-based Katerina Korlevtseva sharing her own experience and the actions of designers in Ukraine.

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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.

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Pandora to Relocate North American HQ to New York, Invest $6M

VMS

Jewelry manufacturer Pandora is relocating its North American headquarters to New York. The company will operate in a 27,000-square-foot office spanning the 35th floor of 1540 Broadway in Times Square, according to a press release from the office of Gov. Kathy Hochul. Pandora’s current North American headquarters is in Baltimore. “New York City is a gem in the retail industry, so it’s no surprise that the world’s largest jewelry brand has chosen to relocate its North Amer

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Front-Lit vs. Back-Lit Banner Materials

Ultra Flex

Which Banner Material To Choose for Your Company: Front-Lit or Back-Lit Media? Banner advertisements are an important advertising tool for businesses to help generate awareness about the company and drive potential customers to a website or store. There is a wide range of banner media for businesses to choose from, and at Ultraflex , we offer high-quality banner material for your company’s needs.

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Cofrad Mannequins’ Colorful Zebras

VMS

Cofrad Mannequins’ Colorful Zebras. Intended to be life-size, the collection comes in a range of custom colors. Colorful Zebras are hand painted and come in a range of custom colors. Intended to be life-size, this unusual prop comes with its lightweight, solid wooden crate. Cofrad. POST CATEGORIES. MANUFACTURER: Cofrad. PRODUCT CATEGORY: Mannequins and Forms.

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JW Filshill appoints new regional development manager for north of England

Talking Retail

Glasgow-based wholesaler JW Filshill is strengthening its KeyStore business support team in the north of England with the appointment of Arwel Carter as regional development manager. Carter, who joins the fifth-generation family business after nearly nine years with McCurrach, the well-known field marketing agency, will report to Graham Cairns who is promoted to sales and.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio

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Acuity Brands Releases 2022 ESG Report

VMS

(PRESS RELEASE) ATLANTA — Acuity Brands, Inc. (NYSE: AYI) (“Acuity”), a market-leading industrial technology company released its fourth annual EarthLIGHT Report on its Fiscal Year 2022 Environmental, Social, and Governance (ESG) accomplishments, announcing its new ESG targets, and sharing progress on its ongoing initiatives. “Our businesses develop technology that can help save our customers energy and reduce their carbon emissions,” said Neil M.

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Houston Manufacturer Improves Efficiency While Watching TV

Global Shop

It’s not every day when a company reports that watching TV on the shop floor improves efficiency – but that is the case for Electronic Power Design, Inc. (EPD). The Houston-based electrical systems manufacturer implemented Global Shop Solutions ERP software in 2021 and quickly realized the benefits extended from quote to cash. One of the products EPD credits for eliminating production inefficiencies is TrueView , which uses TV screens installed around the shop floor to display the re

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Pandora to Move North American HQ from Baltimore to New York

VMS

Jewelry manufacturer Pandora is relocating its North American headquarters to New York. The company will operate in a 27,000-square-foot office spanning the 35th floor of 1540 Broadway in Times Square, according to a press release from the office of New York Gov. Kathy Hochul. Pandora’s current North American headquarters is in Baltimore. “New York City is a gem in the retail industry, so it’s no surprise that the world’s largest jewelry brand has chosen to relocate its N

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Observations from the COP15 (Biodiversity Conference) Halfway Point

Eye on ESG

The 15 th meeting of the Conference of the Parties to the United Nations Convention on Biological Diversity ( COP15 ) is taking place in Montreal, Canada, until next Monday (December 19). It has been attracting much attention due to negotiations on the Post-2020 Global Biodiversity Framework ( GBF ), which is hoped to be agreed upon in the next few days.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.