Tue.Dec 21, 2021

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Boxing Day spend tipped to hit $4bn this year

Inside Retail

Australians are tipped to spend $4 billion on Boxing Day this year – a premium on last year’s expectations of $2.6 billion – according to predictions from Commonwealth Bank. The main driver of the excess spending, according to CBA executive general manager of everyday banking Kate Crous, are shoppers not wanting to pay full price after two years of pandemic has left them wanting to make their money go further.

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Nespresso is creating an enchanting phygital experience for the senses

Retail Focus

This year for its annual festive campaign, Nespresso is collaborating with the Colombian fashion designer and artist Johanna Ortiz : Under the creative idea “Gifts of the Forest”, specially chosen boutique windows are being enhanced through augmented reality – sound transducers turn them into a sound object with “Forest Sound” Nespresso, the manufacturers of coffee and coffee capsules owned by Swiss food group Nestlé, has launched an unconventional campaign with a new app

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Meta’s Facebook pockets stolen cash in Ads scam, leaving vendors fleeced

Inside Retail

Heartbroken by the disappearance of her cat, Filipino IT specialist and blogger Sophie* decided to use her Facebook Ads account to appeal to anyone in her local area who might have seen it. Just two days later her bank account had been emptied and Facebook was sending her a demand for further advertising it served after her debit card charge bounced and before her campaign was cancelled.

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Barker and Stonehouse launches first in-store concept spaces with Fenwick

Retail Focus

Barker and Stonehouse have teamed up with Fenwick to open its first in-store concept spaces in the Fenwick’s Newcastle and Bentalls Kingston department stores. The Newcastle concept store will span 10,000 square feet while the Bentalls space will be slightly smaller. Barker and Stonehouse managing director James Barker said: “This is a different way of trading for us, but then retail has changed markedly in the past five years, and particularly in the past two.

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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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Employers urged to update vaccine mandates amid race for booster shots

Inside Retail

Employers who mandated vaccines in the workplace are being urgently warned to consider updating their policies to also include booster shots, as New South Wales and Victoria grapple with increasing cases of the Omicron strain of COVID-19. Fay Calderone, partner and workplace relations lawyer at Hall & Wilcox, says if the level of protection vaccines give against severe illness wanes after four months, and more rapidly for AstraZeneca, employers that have enforced mandates will need to revise

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Saint Laurent to open boutique store on Avenue Champs-Élysées

Retail Focus

Saint Laurent has announced the opening of a flagship store in Paris at Avenue Champs-Élysées for summer 2023. The designer apparently expressed this ambition to open on the prestigious avenue in 1983, when the Costume Institute at the Metropolitan Museum of Art in New York hosted a major Yves Saint Laurent exhibition — the first retrospective of a living couturier’s work.

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More Trending

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Frank and Oak opens first store in China

Retail Focus

Canadian fashion and lifestyle brand Frank and Oak expands its footprint in Asia with the opening of its first Experience Store in Shanghai, China on 1st December. Located at Tai Koo Li mall in downtown Shanghai, the new Frank and Oak Experience Store was designed by Montreal-born Sacha Silva, who has been pioneering sustainable design and construction in China for more than 20 years.

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Cars24 closes third funding round this year to hit valuation of $4.6bn

Inside Retail

Online used car marketplace Cars24 has closed a $560 million (US$400m) round – its third this year – to fuel the business’ expansion in Australia, the Middle East and Southeast Asia, as well as strengthen its foothold in India. The funding now sees Cars24 market value land at $4.6 billion, or US$3.3 billion, compared to the US$1 billion seen in September.

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Shoppers set to win big in the New Year with Cadbury hot chocolate competition

Talking Retail

Mondel?z International is set to launch an on-pack competition across its Cadbury hot chocolate portfolio. Kicking off from January 2022, the “Make it Yours” competition will run across Cadbury Drinking Chocolate 500g and Cadbury Instant Hot Chocolate 400g packs for three months. Shoppers can enter their details on makeityours.cadbury.co.uk for the chance to win their.

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Welcome home: Melbourne womenswear label Steele opens first physical store

Inside Retail

After 10 years operating as an e-commerce fashion brand, Melbourne womenswear brand Steele has just revealed its flagship store, located within a 1900s heritage-listed home in the suburb of Hawthorn. Here, we chat with Steele founder Jessica Reid about the story and inspiration behind her brand and why despite the ever-changing retail landscape, it was the perfect time to finally invest in bricks-and-mortar.

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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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Department Store Offers Shoppers a Calming, Biophilic Space

VMS

The subject of Covid and its seemingly endless variants and resulting changes to protocols elicits groans, eye-rolls and sighs of exhaustion. The pandemic has changed our lives, our habits, our ways of existence and our ways of thinking. We have gained, and we have lost. How we live and do business may never be the same. When Covid was declared a global pandemic in March 2020, many projects – in all industries across the world – were paused or postponed.

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Red Bull launches convenience exclusive multi-pack

Talking Retail

Red Bull is launching a sugar-free price-marked multi-pack exclusively for symbol and independent convenience stores. The packs are rolling out this month and retail at £4.69 per pack from Booker, Premier, Family Shopper and independent stores. The launch is designed to “meet demand for sugar-free soft drink options”, as shoppers are “actively seeking a healthier.

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Rite Aid to Close 63 Stores

VMS

Drug store chain Rite Aid (Camp Hill, Pa.) will close another 63 stores to save close to $25 million per year, reports CNN. The company has not shared the locations of the stores, but said the closures will help “reduce costs, drive improved profitability and ensure that we have a healthy foundation to grow from.” Rite Aid operates about 2500 stores across 19 states.

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Waste Age: the designers creating furniture from food and rubbish

Design Wanted

A new exhibition on show in London at The Design Museum highlights the designers creating inspiring pieces from discarded materials. To coincide with the UN Climate Change Conference (COP26), the Design Museum is hosting an exhibition showing what design can do to tackle the critical problem of waste and its environmental consequences across the globe.

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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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Adidas to Sell Reebok to Authentic Brands Group

VMS

German footwear brand Adidas (Herzogenaurach, Germany) has entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for up to 2.1 billion euro, or $2.36 billion U.S., according to a press release. The sale is expected to close during the first quarter of 2022. “Reebok has been a valued part of adidas, and we are grateful for the contributions the brand and the team behind it have made to our company.

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The Forest & Soul collections capture the charming individuality of wood

Design Wanted

Hsiang Han Design’s two-part collection highlights wood manufacturing techniques in Chiayi and the value of waste materials. Forest & Soul was created on the occasion of the 2021 Taiwan Design Expo in Chiayi as a way of celebrating the city’s wood craftsmanship and to show the possibilities of transferring wood waste into new uses and objects. The two-part collection features a series of wooden tables and decorative glass plates produced by Hsiang Han Design as part of a commission for the C

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JCPenney Offers Same-Day Delivery in Select Markets

VMS

JCPenney (Plano, Texas) has partnered with DoorDash for same-day delivery of its beauty and salon merchandise in select markets as well as home products available in more than 600 stores, according to a press release. “JCPenney is continuing to make accelerated changes to deliver a competitive and accessible omni-always shopping experience,” said Richard Adams, VP, Digital Experience, JCPenney.

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Forest & Soul repurposes scrap wood to create decorative furniture

Design Wanted

Multi-disciplinary design studio Hsiang Han Design has collaborated with local glass producers to give new life to the waste wood. Here, Hsiang Han Design highlights the rising set of applications when it comes to recycled wood, especially in industries such as furniture. Forest & Soul is a two-part collection created on occasion of the 2021 Design Expo in Chaiyi, which is known for its historical wood production.

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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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The architectural inspiration behind a British research network’s new identity

Design Week

Design studio Only has crafted the new identity for the British International Research Institutes (BIRI), a network of cultural and academic hubs between the UK and the world. Only has created a new logo, inspired by Doric the order, as well as the logotype, printed materials and wider identity work for the group. BIRI’s institutes are located in southern Europe, Africa, Turkey, and more.

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Atris Lighting Atelier’s avant-garde lighting explores basic geometries

Design Wanted

The design studio’s latest collection features pendant lights inspired by the Russian Constructivist Kazimir Malevich. The influence of the Russian Constructivists over the years has been considerable, with its bright, geometric aesthetic making its way into design to define incredibly modern and fresh collections… Russia-based Atris Lighting Atelier has designed a new collection of pendant luminaires to form part of its Malevich Collection—a series based on primary shapes and named after

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Super Saturday Shopping Traffic Down Over 2019

VMS

Shopper visits to retailers dropped 26.3 percent on so-called Super Saturday, or the Saturday before Christmas, when compared to 2019 figures, according to preliminary data from Sensormatic Solutions. Year-over-year traffic was up 19.4 percent, however, reports CNBC. “Americans have shown that they will not let this get in their way of sort of getting back to normal as fast as they can,” said Peter McCall, senior manager of retail consulting, Sensormatic.

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Independent Retail News signs up to BBC 50:50 equality project to ensure fair coverage

Talking Retail

Independent Retail News is pleased to announce that in 2022 we will become an external partner of 50:50 The Equality Project, an initiative started by the BBC to inspire and support organisations to consistently create journalism and media content that fairly represents our world. The initiative, which is being adopted by a growing number of. This story continues at Independent Retail News signs up to BBC 50:50 equality project to ensure fair coverage.

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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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Nordstrom Considering Rack Spinoff

VMS

Department store retailer Nordstrom (Seattle) is said to be considering the spinoff of its off-price Nordstrom Rack business, reports The Seattle Times. Nordstrom has hired AlixPartners to consider establishing Nordstrom Rack into a stand-alone business. Nordstrom is apparently “not satisfied at all” with the off-price brand’s recovery and has hired external consultants to help improve its performance.

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Third of businesses have taken no action to reduce environmental impact of their supply chain, report shows

Retail Times

Nearly a third of UK businesses have failed to take any action to reduce the environmental impact of their supply chain operations, according to a report.

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Zara, London

Retail Store Windows

Wow, this brand can certainly turn their schemes around. It wasnt so long ago we saw their party wear installation which we assumed was their seasonal offer but just look at this little beauty. Shooting stars in Neon across their Oxford street store. This scheme is so elegant although we are particularly in awe of their well oiled operation which has allowed them to do this.

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Peace at Christmas as Booker strike latest to be called off

Talking Retail

A strike at Booker Retail that could have hit deliveries to 1,500 convenience stores has been suspended. The planned two-day strike by delivery drivers at Booker’s Thamesmead site, which would have included Christmas Eve, was suspended after the company agreed that a pay review can go ahead in the New Year. The drivers have already. This story continues at Peace at Christmas as Booker strike latest to be called off.

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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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Experiential Activations: The Return

Trade Show Booth Companies - Trade Group

For decades, when kids – and their parents – searched for toys, there was one primary destination: Toys R Us (with a backward R). The store had everything, including action figures, dolls, building blocks, bikes, video games, and (for some annoying reason) clothes. It was a magical place. There were rows and rows and racks and racks to search for that one specific plaything.

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Retailer group gives Welsh budget a partial welcome

Talking Retail

The Welsh government’s budget will help small retailers but do little to help bigger businesses, says the Welsh Retail Consortium (WRC). Following the Welsh government’s commitment to give retailers 50% rates relief for 2022/23, matching similar plans announced by Chancellor Rishi Sunak for England, the WRC gave a qualified welcome. The scheme will be capped.

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How To Reduce Electrical Hazards In Your Retail Store

RetailMinded

As much as electricity has transformed modern living, it still poses a potential danger to human lives and properties. Electric current flows into a conductor and completes a loop called a circuit. Unfortunately, humans are conductive of electricity. If the human body comes in contact with live parts and becomes a path for the current to flow, electrocution happens. .

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Biscuit prices will rise, warns McVitie’s maker

Talking Retail

One of the world’s biggest biscuit makers has confirmed that their prices are likely to rise in 2022. Pladis, which owns McVitie’s and Jacob’s among others, says that rising commodity prices are the main reason for the price increases, exacerbated by supply concerns. Palm oil, wheat and sugar have all risen in price by more. This story continues at Biscuit prices will rise, warns McVitie’s maker.

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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.