Inside Retail
FEBRUARY 2, 2023
Apple on Thursday forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as production had returned to normal in China after Covid-related shutdowns. While striking an optimistic tone on sales of services and iPhones, CEO Tim Cook said an uncertain economy is expected to hurt categories like gaming and digital advertising.
Retail Focus
FEBRUARY 2, 2023
Lladró has announced the opening of a new store in New York, the first in the US with the brand’s new concept. This new retail concept is dedicated to showcasing Lladró’s most innovative and groundbreaking creative designs and collaborations. The interior design of the store is a collaboration between Valencia-based Carmen Baselga Taller de Proyectos and Lladró’s store engineering team.
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Inside Retail
FEBRUARY 2, 2023
The MLB brand recently opened its first store in Malaysia in partnership with local distributor, Valiram Group, and Mukesh Valiram, the executive director of Valiram Group, is excited about the opportunities ahead. “2023 is off to a great start with the success of the MLB store opening in Malaysia this month,” he told Inside Retail. Valiram has partnered with the MLB brand to launch in Malaysia, Singapore and Indonesia.
Compliantia
FEBRUARY 2, 2023
Retailers and consumers alike have been facing the brunt of inflation of late. You don’t have to be an expert in economics to see how dramatically the prices of everything — from gas to household essentials — have been rising since the past year. June 2022 recorded an inflation rate of 9.1% , the highest we’ve seen in decades, while the annual inflation rate reached 8.3% in 2022 from 3.2% in 2011.
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.
Inside Retail
FEBRUARY 2, 2023
After almost a year of consecutive increases, the retail industry saw a 3.9 per cent decline in month-to-month spending between November and December 2022. While food retailing saw a slight increase, most industries saw turnover fall between the two months. The biggest swing occurred in department store spending, which saw a 14.3 per cent drop over the two month period.
Design Wanted
FEBRUARY 2, 2023
What if we saw rust as a tool instead of a problem? Japanese Studio YUMAKANO has created a unique design collection that aims to do precisely […] The post Rust can become an asset if you know how to use it properly appeared first on DesignWanted.
Create Retail Today brings together the best content for Retail Design professionals from the widest variety of industry thought leaders.
Compliantia
FEBRUARY 2, 2023
Retailers and consumers alike have been facing the brunt of inflation of late. You don’t have to be an expert in economics to see how dramatically the prices of everything — from gas to household essentials — have been rising since the past year. June 2022 recorded an inflation rate of 9.1% , the highest we’ve seen in decades, while the annual inflation rate reached 8.3% in 2022 from 3.2% in 2011.
Inside Retail
FEBRUARY 2, 2023
Much has been said about Federal Treasurer Jim Chalmers’ 6000-word essay, published earlier this week in The Monthly , which outlined a concerted push from the Government to foster ‘values-based capitalism’ in Australia’s business sector. Built on the tenets of an orderly transition to renewable energy, a more adaptable and resilient economy, and a focus on equality and equal opportunity for all Australians, Chalmers’ assertion is that while there will always be naysayers to such progress, the
RetailMinded
FEBRUARY 2, 2023
Last year, almost 17% of retail sales were returned, amounting to more than $760 billion, according to the National Retail Federation. A return doesn’t need to be the end of the customer relationship, but how it’s handled can make or break it. A positive eCommerce returns experience has been shown to retain customers, boost revenue and create positive brand impressions.
Inside Retail
FEBRUARY 2, 2023
David Jones has teamed with Australian brand Frenchie to sell sexual wellness products at a Valentine’s Day pop-up at the retailer’s flagship Sydney CBD store from February 10-14. David Jones’ category manager of beauty, Ben James Mitchell, said the rapid growth of the sexual wellness industry over the past few years has resulted in a growing demand for personal pleasure products from within the beauty and self-care space.
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.
Retail Times
FEBRUARY 2, 2023
Outcast Brands, the creator of Blood Monkey Irish Gin, is delighted to announce that its flagship gin is now available in Canada through the Liquor Control Board of Ontario (LCBO), the world's largest buyer of drinks. This marks a further step in the brand's plans to expand its availability across North America in 2023, having launched in US in April 2022.
Inside Retail
FEBRUARY 2, 2023
In today’s digital landscape, consumers have quickly become the driving force of how businesses conduct their marketing and customer-facing operations. As such, it is essential that brands stay abreast of consumer expectations in order to keep up with the changing times. To help marketers navigate consumers’ changing viewpoints, Marigold – the newly relaunched global relationship marketing pioneer ( formerly CM Group ) – recently released new research that uncovers what consumers expect from the
Retail Times
FEBRUARY 2, 2023
ProDog Raw, leading creator of raw dog food products, is thrilled to be launching a range to support customers amid Britain’s fragile financial market. As the brand endeavours to create products that cater to all, helping to make every dog healthier, this ‘Economy Core’ range will prove to be especially accessible and highly nutritious.
Inside Retail
FEBRUARY 2, 2023
Asian fashion brands are getting into the metaverse in a big way, thanks to a recent joint venture between Singaporean platform aggregator 1MetaWorld and Seoul-based Fame Universe. The aim of the partnership, dubbed 1Fame , is to help fashion designers and digital creators create, launch, sell and produce their own digital fashion non fungible tokens (NFTs) in connection with physical garments and real-world experiences.
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.
Retail Times
FEBRUARY 2, 2023
Luxury ice cream brand, Häagen-Dazs, is unveiling its first limited-edition flavour of the year. New Salted Caramel Cappuccino is a pint-sized creation that combines two delicious, classic flavours set to inspire more indulgent moments.
Inside Retail
FEBRUARY 2, 2023
Wesfarmers has laid off 100 staff in its e-commerce division Catch Group this week, with key departments impacted including marketing, product and technology, and finance. “Like many e-commerce brands, Catch has made the difficult decision to reduce its workforce as the business adjusts to changes in online demand that has occurred following the Covid period,” a spokesperson told Inside Retail.
Retail Times
FEBRUARY 2, 2023
Global spirits company, Amber Beverage Group (ABG), has announced that Sam Thackeray has been appointed managing director of Amber Beverage UK (ABUK) and Indie Brands. He takes over from Douglas Cunningham who has been promoted to the ABG Supervisory Board and will become one of its members. The changes take immediate effect.
Inside Retail
FEBRUARY 2, 2023
Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Phil Bishop, the CEO of The Reject Shop, will leave the business after just six months in the role , while Best & Less Group CEO Rodney Orrock has stepped down to continue his recovery from cancer.
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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.
Retail Design Blog
FEBRUARY 2, 2023
The approach to the design was to create a space with an American colonial style that is rustic yet classy.
Inside Retail
FEBRUARY 2, 2023
While millennials aren’t a generation who are, by default, programmed for the traditional notions of workplace hierarchy (i.e., the corporate ladder) there still exists a pressure, so to speak, of adhering to this social construct of ‘progression’. (And I say ‘progression’ because this of itself, is a term that means different things). While workplaces have shifted over the years when it comes to offering pathways for progression and satisfying the needs for growth and development – particularly
Retail Design Blog
FEBRUARY 2, 2023
This project is his third restaurant globally that features this particular menu. Located in Shenzhen’s central business district, it promotes.
Inside Retail
FEBRUARY 2, 2023
More than three decades after launching the Davenport underwear brand, and 18 years after co-founding 2XU, veteran retailer and entrepreneur Clyde Davenport is back with a new venture built around compression leggings. But rather than targeting elite athletes, TheRY (pronounced theory ) is aimed at pregnant and postpartum women. The name is an abbreviation of “the reason why”, which reflects the fact that all of the brand’s products must have a clear reason for being.
Retail Store Windows
FEBRUARY 2, 2023
We've been scouting around Sloane street this week as the windows thankfully at luxury brands change quite frequently. This brand produce some great quality schemes too and the current one, while launched during the darkness, wet and cold of winter are certainly a welcomed relief with its huge bunches of Summer flowers. Check out our fantastic sponsors below for incredible Visual Merchandising solutions or click on the banners on the side of the main page at www.retailstorewindows.
Inside Retail
FEBRUARY 2, 2023
Zeller, one of Australia’s fastest-growing companies, has announced new financial services products that mean any Australian business can now use the company’s products, including a free, standalone transaction account and debit card that replace the outdated solutions provided by Australia’s traditional business banks. Zeller has established itself as a leader in payments, signing up over 30,000 businesses in less than two years.
VMS
FEBRUARY 2, 2023
O N DECEMBER 8, 2022, VMSD attended the annual PAVE Gala at the Frank Gehry-designed IAC Building in New York. In honor of PAVE’s 30th anniversary, the evening intended to inspire, connect and celebrate students, educators and professionals across the retail industry. During the event, VMSD honored three retailers with our 19th annual Excellence in Visual Merchandising and Store Design awards, which recognize retailers whose New York stores support a visual merchandising strategy that enhances t
Inside Retail
FEBRUARY 2, 2023
American fashion brand Brooks Brothers has relaunched in the Australian market with its new Autumn/ Winter 2023 collection. In a joint venture with Oroton Group, the first Brooks Brothers store in Australia opened its doors in 2014 at Melbourne’s The Emporium and with a 2293sqft store. But after two years of collaboration expanding to 13 storefronts and a local online store, Oroton Group exited the joint venture Brooks Brothers Australia and sold its whole interest to the US parent firm
VMS
FEBRUARY 2, 2023
Art of Board Contract The Santa Cruz Collection Offers a fun, eclectic tiling option tiles come in a range of sizes The Santa Cruz Collection offers a fun, eclectic tiling option from recycled skateboard imagery in various colors, textures, typography and designs. With rectified edges, these matte finish porcelain tiles come in a range of sizes.
Talking Retail
FEBRUARY 2, 2023
Co-op has partnered with digital payment provider, PayPal, to offer additional choice for shoppers to make simple, safe and secure purchases of groceries through the retailer’s online shop. PayPal is now available for shoppers as a payment option for purchases of online home delivery orders and click and collect via Co-op’s online shop – shop.coop.co.uk.
Trade Show Booth Companies - Trade Group
FEBRUARY 2, 2023
Buyers now expect personalization and relevance. As a result, B2B companies are investing in account-based marketing tactics to meet their buyers’ demands. Social media algorithms offer suggested content based on past searches and clicks. Streaming platforms tailor their picks based on what subscribers are watching. These personalized and relevant offerings help keep consumers engaged with B2C products, but how can a B2B company employ similar services?
VMS
FEBRUARY 2, 2023
Officials in Charlotte, N.C. have determined that the car line at a local Chick-fil-La (Atlanta) is so long – and potentially dangerous to pedestrians – that it has ordered the chain to raze the restaurant and rebuild it as a double drive-thru only, Business Insider reports. At first glance, the solution proposed by Charlotte city planners seems counter-intuitive – won’t more lanes mean more cars?
Hunton Andrews Kurth
FEBRUARY 2, 2023
The FTC unanimously approved a consent order this week requiring Credit Karma, LLC to pay $3 million dollars for allegedly advertising to consumers that they were “pre-approved” for credit card offers, when in reality, the customers were not pre-approved, and in fact, were frequently rejected. Credit Karma’s advertising—which purportedly took place over three years between February 2018 and April 2021—consisted largely of emails and webpages telling consumers they were “pre-approved” for various
VMS
FEBRUARY 2, 2023
About 60 people at Kohl’s (Menomonee Falls, Wis.) corporate headquarters have lost their jobs, according to published reports in several publications and news sites, including Retail Dive. Information on how many workers are left at the department store chain’s HQ was not immediately available. “Kohl’s reorganized parts of our organization to drive greater efficiency in our operations.
Retail Bound
FEBRUARY 2, 2023
When it comes to the process of how to name a new product, it’s essential to not just have a brand and product with a cool invention name and a supporting tagline, but a name for the product that stands out to your target audience. Fortunately, in today’s society, there are innovative tools such as invention name generators and thorough guidance from industry experts, like this feature, right at your fingertips.
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