Thu.Jan 20, 2022

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Most retailers adopt negative outlook in wake of Covid ‘wrecking ball’

Inside Retail

With consumer confidence sinking to its lowest in 30 years this week, most retailers now have a negative outlook of their businesses for the next three months according to the Australian Retailers Association. . The ARA’s research found that 63 per cent of retailers are worried about their business’ performance in the next three months, while 62 per cent have rated current trading conditions as ‘poor’ or ‘terrible’.

Expansion 264
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Demand for Glass Moveable Walls Soars

Retail Focus

Glass moveable walls are today’s ‘en vogue’ method of creating light, airy, flexible space with specifications from architects and interior designers at an all-time high. According to Mark Cowley, who heads up the glazed Horizontal Sliding Walls (HSW) division of the UK’s leading moveable wall specialist, Style, the demand for glass partitioning systems has rocketed.

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What global brands need to know about New York’s Fashion Sustainability Act

Inside Retail

A new bill has been introduced in the state of New York that, if it becomes law, would require major global fashion brands to map their supply chains and take steps to reduce their environmental impact. . The Fashion Sustainability and Social Accountability Act (or Fashion Act) would apply to global apparel and footwear retailers and manufacturers with annual revenues of more than US$100 million that do business in New York.

Fashion 208
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6 Essential Online Marketing Tips & Ideas For Growing Your Business In 2022

Retail Focus

Marketing has completely revolutionized since the advent of the pandemic. These days, consumers are changing their tastes and preferences. There are a huge number of consumers who prefer video content hence video marketing is the current trend and forms a very integral part of online marketing. Thus, it is necessary to change the marketing strategies.

Marketing 130
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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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VIDEO: How Camilla plans to colour the world with its vibrant designs

Inside Retail

Australian fashion brand Camilla is well-loved for its unique and colourful prints that are inspired by its founder’s international travels and created by its in-house team of designers by hand. Here, we chat with CEO Jane McNally about the brand’s intricate design process, how it deals with copycats and what it aims to achieve in 2022. From investing in digital, to expanding its product range, to opening new stores, Camilla is firing on all cylinders.

Planning 130
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Nisa offers inflation-busting deals on staple groceries

Talking Retail

Nisa is offering discounts this month on several cupboard staples in an effort to help customers beat rising inflation. The promotion features products at half price or better, including Nescafé Azera Americano coffee 100g at £3, Cheerios Multigrain 390g at £1.34 and Sunpat Smooth Peanut Butter 400g at £1.50. Also on offer are fajita kits. This story continues at Nisa offers inflation-busting deals on staple groceries.

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Challenges for “Buy Now, Pay Later” Industry May Affect Retailers

Hunton Andrews Kurth

One of the biggest recent trends in retail may be slowing down. “Buy now, pay later” (“BNPL”) companies have exploded in popularity over the past year, largely through integration into retailers’ online checkout platforms. Often presented during checkout next to traditional payment methods like credit and debit cards, BNPL companies invite consumers to make purchases over a few payments with zero interest.

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Retail appointments of the week

Inside Retail

Rhuigi Villaseñor joins Bally as creative director. Swiss luxury brand Bally has appointed Rhuigi Villaseñor, the founder, CEO and creative director of Los Angeles luxury streetwear brand Rhude, as its new creative director. As creative director, Villaseñor will oversee the artistic direction of Bally, with his first collection coming in the Spring/Summer 2023 season.

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Louis Vuitton, London

Retail Store Windows

Wow, wow and wow. Just look at this incredible scheme at LV right now. While the rest of London looks comparitively shabby within the context of retail store windows at least, this one is shinning so brightly that its blinding. Fantastic dynamics, very little product and wonderful narrative, its got it all. There may be a greater story behind this however from what we can deduce, the current scheme is based on the game of chess and just look at the wonderful perspectives and distortions to the c

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Amazon to open fashion store where algorithms suggest what to try on

Inside Retail

Amazon’s recipe for the department store of the future includes algorithmic recommendations and what one corporate director called “a magic closet” in the fitting room. The online retailer is making another push to grow its fashion business, announcing on Thursday it will open its first-ever apparel store this year, with a tech twist. “We wouldn’t do anything in physical retail unless we felt we could significantly improve the customer experience,” said Simoin

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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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Wesomnia’s weighted blankets are the Scandi cure to anxiety

Design Wanted

Wesomnia is the Swedish brand specialising in sustainably made weighted blankets, which research suggests provides anxiety relief and a complementary aid to a good night’s sleep. The brand was founded by psychologist, Ulrika Dehlryd, who led the charge when it came to designing the weighted blankets as a tool to combat challenging topics like stress, anxiety and insomnia.

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Amazon to Open Brick-and-Mortar Fashion Store

VMS

E-commerce behemoth Amazon (Seattle) is once again doubling down on physical retail with its latest effort, Amazon Style, reports Geekwire. The store will meld the retailer’s tech expertise with consumers’ desire to touch and try on clothing. The first store will open this year in Los Angeles shopping, dining and entertainment center The Americana at Brand.

Fashion 93
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Design, Climate, Action: how to help clients set sustainable briefs

Design Week

Following its inaugural Design for Planet festival in November last year, the Design Council published a set of data taken from attendees. They were asked three questions, which explored how motivated they were to design sustainably, what their capability to design sustainably was, and how great their opportunity was. Unsurprisingly, the vast majority of respondents reported being very motivated.

Design 81
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Walgreens CMO Departs After Two Years

VMS

After just two years in the role, Walgreens CMO Patrick McLean is leaving the company, reports AdWeek. He shared that he was leaving the Deerfield-Ill.-based retailer in a LinkedIn post. “From developing and driving our Mass Personalization agenda including the launch of myWalgreens, the implementation and activation of our marketing technology stack and the introduction of Walgreens Advertising Group, and especially advancing the role we serve in communities through Covid-19 marketing efforts,

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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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Growing demand for convenience stores continues to fuel sale of sites, says Christie & Co

Talking Retail

The market for buying and selling convenience stores was buoyant in 2021 and is likely to remain so in 2022, according to the annual business outlook report from property giant Christie & Co. The firm said that in 2021 it sold 60% more convenience stores than it did in 2020 and 70% more than in. This story continues at Growing demand for convenience stores continues to fuel sale of sites, says Christie & Co.

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Bonobos CEO Steps Down

VMS

Bonobos CEO Micky Onvural has tendered her resignation after leading the brand for five years, reports WWD. She shared news of the move on in a LinkedIn post on Tuesday titled “Finding Purpose.”. “When I took the job at Bonobos to be the Chief Marketing Officer back in late 2016, I took a leap of faith. I moved my family to New York to work in an industry I had no experience in, but from my very first conversations it was clear to me that there was magic in the Bonobos DNA.

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Totem—Mario Bellini’s iconic 1970s hi-fi design has been reissued

Design Wanted

The RR231 Totem by Italian designer Mario Bellini is a reminder of the heyday of immersive, freestanding audio systems. Italian electronics company Brionvega presents the re-edition of the innovative and iconic totem, a hi-fi stereo system designed by the eight-time Compasso d’Oro Mario Bellini in 1971. Designed by the architect and designer Mario Bellini, you can find an original Totem RR130 exhibited at the MoMA in New York.

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Lego Opens Two “Store of the Future” Flagships

VMS

Lego Group (Billund, Denmark) has rolled out a new retail concept that the toy maker is calling its “store of the future,” the company announced on Wednesday. Two flagships have opened in New York City and Barcelona, and a third is slated to open in Chengdu, China in February. To help launch and promote the new concept, Lego has partnered with TracyLocke, a Dallas-based communications agency.

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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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Advertising relaxation for low-alcohol drinks welcomed

Talking Retail

Alcohol responsibility body the Portman group has welcomed a relaxation in advertising regulations for low-alcohol drinks. The relaxation in rules by the Advertising Standards Authority and the Committee of Advertising Practice (CAP) means low-alcohol drinks can now market themselves as beneficial. A statement from the Portman group said: “it is important that consumers are educated.

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Stuttering European footfall becomes Primark’s biggest stumbling block, says GlobalData

Retail Times

Following today’s release of Primark’s figures for the 16 weeks to 8 January, FY2021/22; Darcey Jupp, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While total sales in constant currency were up a gleaming 36% on the year in the 16 weeks to January 8 2022, Primark was up against incredibly soft comparatives, as tightening COVID-19 restrictions in its key markets forced some stores to close during peak Christmas trading in 2020.

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Deliveroo increases grocery deliveries but other rapid-delivery firms muscle in

Talking Retail

Deliveroo is continuing to increase the size of its grocery deliveries business despite competition from ultra-fast start-ups, the company revealed today. In the fourth quarter of 2021, on-demand grocery deliveries made up 8% of the company’s gross transaction value (GTV), against 7% in the first half of 2021 and 6% in 2020. At the end. This story continues at Deliveroo increases grocery deliveries but other rapid-delivery firms muscle in.

Other 52
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Wickes performance foreshadows cool down in DIY demand, says GlobalData

Retail Times

Following today’s release of Wickes’ figures for Q4 2021; Georgina Sreeves, retail analyst at GlobalData, a leading data and analytics company, offers her view: “Wickes’ negative core like-for-like (l-f-l) performance is not yet a cause for concern; the step back on Q4 2020 was inevitable as it was up against a period of unprecedented demand for DIY during lockdown.

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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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Blakemore records sharp increase in sales over Christmas

Talking Retail

Wholesaler AF Blakemore & Son has announced an 18% sales increase for the four weeks ending 2 January. The company said its purpose-built distribution centre in Bedford meant it was able to meet strong customer demand. Chairman Peter Blakemore said: “Much of the sector had forecast a challenging operating period with predictions of supply chain.

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Forthglade welcomes new CEO to support continued growth of natural pet food

Retail Times

Forthglade, Devon based natural pet food makers have appointed David Cox as new CEO. Initial investors Chris Brooking and Gerard Lovell, who helped shape the business over the last eleven years have stepped down as joint managing directors, whilst remaining investors in the business alongside Forthglade’s senior management team.

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Fox & Friends Highlights Tusco Display

Tusco Display

When the Times-Reporter reached out to feature Tusco Display in their workforce and labor report this week, we were thrilled. Imagine our excitement when we were contacted by Fox & Friends to appear live on the show Tuesday, January 18. CEO Mike Lauber and team members Margie Affolter and Brittany Braun spoke with Ainsley Earhardt on Fox & Friends earlier this week.

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AF Blakemore announces record volumes and 18% growth in sales over Christmas

Retail Times

AF Blakemore & Son, a market-leading wholesaler and distributor and one of the largest family owned businesses in the UK, has announced strong sales performance over the Christmas period. The Group has reported an 18% sales increase for the four weeks ending 2 January 2022. Effective planning and additional capacity generated from its new, purpose-built distribution centre in Bedford has meant the AF Blakemore Group was well-positioned to meet strong customer demand.

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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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How Maccas, Domino’s and 7-Eleven are taking sustainability seriously

Inside Retail

Reducing carbon footprint is now more important for 57 per cent of Australians, according to a report from Mastercard last year, with 61 per cent believing companies need to adopt more sustainable and eco-friendly practices. The research is a nudge for organisations to implement sustainability initiatives because customers will shop with this in mind.

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Charles Tyrwhitt embraces social proof messaging from Taggstar to help customers make best investments in their wardrobes and wins a 1.8% conversion rate

Retail Times

With a continued focus on innovation and the customer experience, menswear retailer Charles Tyrwhitt ran a social proof messaging trial to test the concept with its discerning customer base. The strategy worked, delivering an impressive 1.8% conversion rate uplift and an ROI of 501%, evidence that social proof works even for premium brands. As a result, Charles Tyrwhitt has now signed a 12-month contract with Taggstar for further social proof messaging rollouts.

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Mamamade secures £1.5m in crowdfund for baby food startup

Retail Times

Mamamade, a direct-to-consumer brand specialising in infant and toddler nutrition, with a focus on supporting parents, successfully closed a record-breaking round, bringing their total pre seed investment amount totalling £1.5m. In addition to an oversubscribed fundraise on crowdfunding site Seedrs, Mamamade received investment from top angels and entrepreneurs including founders and execs from Allplants, Made.com, Heals, Design my Night, Bulb and Xexec.

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River Island partners with Segura to ensure an ethical supply chain

Retail Times

Leading high street retailer River Island has partnered with Segura, the leading platform for next generation supply chain transparency, to ensure its suppliers are ethical, sustainable, efficient and compliant. Segura is the only solution in the market that enables companies to continuously map and monitor their multi-tiered supply chain and will support River Island’s corporate sustainability targets.

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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