Wed.Mar 22, 2023

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Aussie retailers and manufacturers ‘dangerously overstocked’

Inside Retail

Australian manufacturers are dangerously overstocked, carrying an average $231,700 in additional products or ingredients, according to research from inventory management software provider Unleashed. “You can’t blame Australian businesses for taking on extra stock while supply chains were lagging behind,” Unleashed head of product, Jarrod Adam, said.

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New research reveals the top emotions shoppers feel when buying products and FMCG trends

Retail Times

Emotions run high among UK shoppers, new research has revealed. ‘Comfort’ (34%), ‘curiosity’ (28%) and ‘nostalgia’ (19%) are among the top feelings consumers experience when buying a new product, according to a revealing new survey of 8,000 consumers.

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Trending Sources

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EU plan would force brands to repair worn-out products for up to 10 years

Inside Retail

The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut waste and make goods last longer. The European Commission proposed rules on Wednesday that would oblige producers to offer repairs for a product for between five and ten years after it was sold – regardless of whether or not the legal guarantee is still valid.

Planning 244
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Unlocking Inclusive Design With Data: 6 Steps To Power Your Workplace

All Work

By understanding user demographics, preferences, and usage patterns, inclusive designers can create designs that are tailored to their target audience. In a recent podcast conversation, Ryan Anderson, Vice President of Global Research and Insights at Miller Knoll, shared his advice and tips on how to best use data to inform design decisions. Organizations should look to design workspaces with employees rather than for them, while taking into account the needs of both individuals and teams.

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Retail Tech: Empower Associates, Optimize CX, and Boost Productivity

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.

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Why Nike’s move away from kangaroo leather is not as simple as it seems

Inside Retail

Leading retailers Nike and Puma have committed to ending the use of kangaroo skin in the production of their shoes, following a campaign by the Center for a Humane Economy. Nike will replace kangaroo leather with a synthetic material, after the practice generated backlash from consumer and animal rights groups A spokesperson for Nike told Inside Retail that the organisation had divested from its only kangaroo leather supplier in 2021, and will stop making any product with the material in 2023.

Fashion 240
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Business and Human Rights – a “primer” for CFOs for advancing the ‘S’ in ESG

Eye on ESG

Companies must recognise that they are subject to increased expectations in terms of effective identification and management of social issues. A failure to do so – and the resulting inequality – is increasingly seen as representing a systemic risk to the resilience of business operations and value chains. Expectations are reinforced by the wave of new due diligence regulations and reporting standards focussed on addressing both the ‘E’ and ‘S’ in ESG (see, for example, our earlier blog posts on

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CIFF 2023 – Innovative solutions to meet new global challenges

Design Wanted

The 51st CIFF – China International Furniture Fair, the leading furniture fair in Asia, will provide a concrete response to the major changes and new challenges […] The post CIFF 2023 – Innovative solutions to meet new global challenges appeared first on DesignWanted.

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AusPost to trial fitting rooms in e-commerce twist

Inside Retail

Australia Post is set to unveil a changing room concept in an NSW town to provide somewhere for customers to try on their online purchases before deciding to keep items or return them. The new concept will be installed as part of the Community Hub@Post initiative at the Australia Post office in Orange, NSW in July. The post office will also allocate space to local retailers to “showcase” their products, thus potentially balancing the needs of online retailers and local brick-and-mortar rivals.

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gaetano pesce’s resin-dipped ‘come stai?’ chairs land in bottega veneta flagship stores

Design Boom

the chairs are laid out as small-scale installations in bottega veneta's london, milan, paris, rome, and berlin stores. The post gaetano pesce’s resin-dipped ‘come stai?’ chairs land in bottega veneta flagship stores appeared first on designboom | architecture & design magazine.

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Why General Pants is looking to stores, social media to grow in 2023

Inside Retail

Richard Facioni, founder and CEO of Acta Capital, which counts Alquemie Group in its portfolio, isn’t alone in thinking the economy is facing a fair bit of uncertainty in 2023. Alquemie Group is the holding company for Lego Certified Stores, SurfStitch and more – including long-standing youth-focused clothing retailer General Pants. “We’re going to see a slowing of the economy and while I believe we’ll avoid a hard landing, everyone’s concerned about what that means,” Facioni said.

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Industry Shake-Up: 2023 Commerce Trends To Rock Your World

Speaker: Ashlee Aldridge - Reach Partners LLC | Bill Mirabito - Chameleon Collective | Ronak Shah - PSA Retail & CPG, Amazon Web Services | Wayne Teigen - Pivotree

What trends can online merchants expect after more than two years of exponential growth? Companies must expand on the trends that exploded during the pandemic if they want to see continued growth in their businesses while facing a recessionary economy. From social commerce to BOPIS, the name of the game is to meet and sell to customers wherever they are, through multiple channels.

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Best Flooring Materials for Small Restaurants

Mindful Design

Two of the best flooring materials for small restaurants are tile and concrete. Both can give you an elevated look, yet remain a low-maintenance option at a fairly low cost, perfect for high-traffic areas. The beauty of tile floors is that they allow you to create a dramatic look, especially if you choose bold patterns […] The post Best Flooring Materials for Small Restaurants appeared first on Mindful Design Consulting.

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Protecting your brand must be on everyone’s radar

Inside Retail

Retailers have always been unique in the world of business. With slim margins, complex supply chains and rapid changes in customer interest driven by changes in seasons or a viral hit on social media, retailers are constantly adapting to different market conditions. Retail boards and executives need to be financial analysts, property speculators, geopolitical gurus, social-media experts, brand builders and, above all else, relentlessly customer-focused.

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Veronica Beard in Scottsdale, AZ

Retail Design Blog

The new Veronica Beard store in Scottsdale, AZ, is a welcoming space with a bright and airy store design reflecting.

Space 83
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Behind the scenes of Country Road’s good business journey: Video

Inside Retail

Last week, Country Road managing director Elle Roseby shared how the retailer is redefining what it means to be a good business as part of our 2023 series of Masterclasses. Here, we highlight some of the major turning points in that journey, as well as Roseby’s top piece of advice for other businesses looking to become more purpose-driven. You can watch her Masterclass sponsored by Adobe here. 1.

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Retail Reimagined: What It Means To Be An Innovative Retailer

Speaker: DeAnna McIntosh, Retail Growth Strategist

The past three years have forever changed the retail landscape. Companies of all sizes were forced to welcome change with open arms and surrender to total flexibility in order to be agile in the ever-evolving economic environment. In 2023, we are navigating inflation and its impact on consumer spending, various lasting side effects from the pandemic, and a looming recession in the back half of the year.

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Why Would An Indie Retailer Need To Pay Attention To HVAC Systems?

RetailMinded

Are you an independent retailer looking to maximize your profits and keep customers returning? Then listen up: HVAC systems are not just a necessary expense — they can be a powerful tool in achieving success. From energy efficiency to customer satisfaction, investing in quality HVAC systems is essential for any indie retailer who wants to stay ahead of the competition.

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Ballymaloe Foods announces expansion to 800 Tesco stores and nationwide listing in Booker Wholesale stores

Retail Times

Ballymaloe Foods, the family-owned Irish company, is proud to announce its significant expansion in the UK market. With more than doubled distribution in Tesco stores and a new nationwide listing in Booker, the company’s premium range of relishes is poised for even greater success.

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200 and Counting: Parcel Pending by Quadient Reaches Major Milestone in Higher Education Smart Locker Solutions

Parcel Pending

It’s an exciting day at Parcel Pending by Quadient! We are thrilled to announce that we have just hit a major milestone by welcoming our 200th higher education customer. As the leader in smart locker solutions for higher education, we are proud to provide innovative technology that simplifies package delivery and increases efficiency on campus.

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Lindt’s ‘Share the Hoppiness’ campaign survey reveals what makes us happy

Retail Times

A new nationwide study by Lindt, to mark the beginning of Spring, has revealed the list of everyday things that bring us joy and lift our spirits, with a good night’s sleep (51%), a walk on a sunny morning (48%) and a hug (47%) appearing top of the list.

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Sustainability at Retail

Sustainability impacts every nation, company, and person around the world. So much so that, in 2015, the United Nations (UN) issued a call for action by all countries to work toward sustainable development. In response to this and as part of a global Sustainability at Retail initiative, Shop! worked collaboratively with its global affiliates to address these critical issues in this white paper.

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Loudt unveils musegg: the speaker that adapts to your preferences

Design Wanted

Loudt, an innovative audio technology company, has recently announced the release of their latest product, musegg, which aims to revolutionize the way we experience music. The […] The post Loudt unveils musegg: the speaker that adapts to your preferences appeared first on DesignWanted.

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Mighty Fine Confectionery launches two tasty new flavours following Serious Sweet Company acquisition

Retail Times

Following the acquisition of Mighty Fine by the Serious Sweet Company, Mighty Fine, has announced the addition of two new honeycomb flavours to the brands existing portfolio of delicious chocolate-covered treats.

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CAP & Associates Celebrates 20 Years of ERP Loyalty

Global Shop

When a business meets customer needs in a cost-effective manner year after year, their customers tend to stay with them a long time. Global Shop Solutions is a perfect example. A leading provider of ERP software for manufacturers around the world, Global Shop Solutions is proud to announce another one of their customers, CAP & Associates, Inc., recently passed the 20-year mark as a loyal customer.

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Co-op and Nisa help £20m of funds flow for clean water projects

Retail Times

Co-op has today, on World Water Day, announced that its members and customers have raised over £20 million to date to support clean water and sanitation projects, through its partnership with The One Foundation and Water Unite.

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How to Address the Needs of the Next Generation of e-Commerce Customers

Speaker: Jenn VandeZande, Head of Digital Engagement Strategy at SAP Customer Experience | Beth Scott, VP, Business Operations - Supply Chain | Nikki Grigsby, PHR, Chief Operations Officer at Syndigo | Levana Wang, Content Creator, Gen Z Expert

Post-2020 life has changed the world in many ways — not the least of which is accelerating our reliance on digital commerce. Furthermore, there's the growth of social commerce, evolution of omnichannel commerce, in-store transformation, and online/offline hybridization, all of which are becoming e-Commerce trends that will inevitably shape the 2022 innovation landscape.

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“C” Company’s New building

Retail Design Blog

The first had been making up stylish space of expressing a global image, because of a lot of co-workings with.

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Dove unveils new launches in female and male deodorant categories – Dove Advanced Care and Dove Men + Care Advanced

Retail Times

Building on Unilever’s long-term strategy to drive value and growth back into the deodorants category through superior technology, Dove, the UK’s number one deodorant for care, is launching its most effective range to date with Dove Advanced Care and Dove Men+Care Advanced.

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Award-winning Ballymaloe Foods announces major UK distribution expansion to 800 Tesco stores and nationwide listing in Booker Wholesale stores.

Retail Times

Ballymaloe Foods, the family-owned Irish company, is proud to announce its significant expansion in the UK market. With more than doubled distribution in Tesco stores and a new nationwide listing in Booker, the company’s premium range of relishes is poised for even greater success.

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Cubitts achieves B Corp status as part of ongoing commitment to becoming a progressive, inclusive and sustainable business

Retail Times

Modern spectacle maker Cubitts has today announced its certification as a B Corporation. Awarded based on merit of meeting social and environmental standards, Cubitts has become part of a global community of 6,279 certified businesses and one of 1,000 in the UK.

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What can retail learn from online slots

Retail Times

Slot gaming is one of the biggest growth markets in the entertainment sector of the last decade and has many other industries taking a close look for effective strategies they can make use of themselves.

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Luxury retailer Prada Group announces digital innovation partnership with Adobe

Retail Times

Today, at Adobe Summit – The Digital Experience Conference – Prada Group and Adobe (Nasdaq:ADBE) announced an enhanced partnership to enable real-time personalization and increase revenue, elevating the global luxury group’s customer experiences across all digital and physical retail properties.

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Love Cocoa extends eco-friendly egg collection

Retail Times

Love Cocoa, the luxury sustainable chocolate brand, has extended its Easter offering to include two delightful marbled eggs, while the rest of the range has had a seasonal makeover.

Design 52
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H&M opens new store at centre:mk featuring H&M Home

Retail Times

H&M has opened a new store at centre:mk. The store will offer a world leading interior look and feel for the brand, including the much-awaited introduction of H&M HOME, new click and collect lockers and self-service checkouts. The new store, set across two floors featuring both H&M and H&M Home, will open April 1st.

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Scottish fashion retailer goes global and hits quarter of a million turnover following support from Business Gateway

Retail Times

A Scottish fashion designer, who created a clothing range for bigger-busted women from her spare bedroom, is now shipping internationally after receiving support from Business Gateway, Scotland’s national business advisory service. Jayne Lasley launched Fairlie Curved as an Instagram page in October 2020, inspired by her personal experience of struggling to find clothes for fuller frames.

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Superdrug hosts annual industry 2023 Star Awards

Retail Times

Last night Superdrug held its annual industry Star Awards to hand out accolades to the Beauty Community, voted for by Superdrug customers and industry insiders.

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