Wed.Mar 27, 2024

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Pop Mart profit more than doubles as global expansion continues

Inside Retail

Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year. The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores. The stores, set to open in May, will be located in District 7 of Ho Chi Minh City and the tourist resort destination Ba Na Hills near Danang, the president of Pop Mart International, Ju

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Captain’s Choice: UK Gentleman’s grooming brand launches in India

Retail Focus

Premium men ’ s grooming brand Captain Fawcett is set to expand into India, landing in an industry that reached US$ 2.1 billion in 2023. The business expects the India opportunity to grow to a six-figure revenue in the next few years. The business, headquartered in King ’ s Lynn, Norfolk, was founded by Richie Finney following two decades working in the British film industry.

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Esprit posts $460 million loss in ‘distressing’ year

Inside Retail

Hong Kong-headquartered fashion retailer Esprit Holdings has reported an annual net loss of HK$2.339 billion ($460 million) following an “extremely difficult and distressing” year. Revenue for the year ended December 31 was HK$5.912 billion, representing a 16 per cent decrease. Revenue from e-commerce, wholesale and retail all dropped by 14-20 per cent, while licensing sales remained relatively stable.

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Selling a Probate Property As-Is vs. Renovation: Pros and Cons

Retail Focus

When an individual passes away, their property often enters a legal process known as probate. This process can be both emotionally and financially taxing for the heirs or executors involved. One of the primary considerations during this time is deciding the best approach to selling the probate property. The options typically boil down to selling the property as-is or undertaking renovations before putting it on the market.

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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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ACCC survey finds Australians skipping meals to feed children

Inside Retail

The Australian Competition and Consumer Commission (ACCC) is urging more consumers to participate in its survey on household spending as the consumer watchdog investigates the pricing practices of supermarkets. According to initial survey responses, some Australians have been skipping or sacrificing meals to feed their children. Moreover, many younger Australians and low-income households are spending up to 25 per cent of their net income on groceries, with some of them saying they now substitut

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Linehouse creates greenhouse-informed food market in Shanghai

Dezeen

Architecture studio Linehouse has wrapped a food market in a Shanghai laneway neighbourhood around a central atrium informed by Victorian greenhouses. Named Foodie Social, the 2,000-square-metre food market is located within the Hong Shou Fang community – a residential area in Shanghai's Putuo district known for its classic "longtang" laneway architecture.

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Tips for Keeping Shelves Stocked and Customers Happy

Creative Displays Now

Effective inventory management in retail is paramount to success. It entails buying, tracking, storing and selling stock, meeting customer demand and keeping costs down across the supply chain. Through inventory management best practices, you can avoid running out of top-selling products or having a warehouse full of items you can’t sell. Retail inventory management requires expert knowledge to understand buying trends, data and market analysis to set the correct prices and automation and

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Taylor Swift’s concerts help boost February retail sales

Inside Retail

Taylor Swift’s The Eras Tour concert helped drive retail sales to a modest increase in February, according to the Australian Bureau of Statistics. February retail spending totalled $35.8 billion, up 1.6 per cent from the same month last year. “Seven sold-out Taylor Swift concerts in Sydney and Melbourne boosted retail spending this month, with more than 600,000 Swifties flocking to these events.

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AVVENN by Time To Gather

Retail Design Blog

AVVENN, a diverse designer brand, was established in Shanghai in 2021. Skilled in merging artistic aesthetics with avant-garde consciousness in.

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Esprit posts $300 million loss in ‘distressing’ year

Inside Retail

Hong Kong-headquartered fashion retailer Esprit Holdings has reported an annual net loss of HK$2.339 billion (US$300 million) following an “extremely difficult and distressing” year. Revenue for the year ended December 31 was HK$5.912 billion, representing a 16 per cent decrease. Revenue from e-commerce, wholesale and retail all dropped by 14-20 per cent, while licensing sales remained relatively stable.

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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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Deliveroo supports 81,000 UK restaurant and grocery jobs as it drives revenue for partners and the wider sector

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! New independent analysis finds that Deliveroo supports 81,000 jobs in its restaurants, grocery partners and their wider supply chains, contributing £1.9 billion to the UK economy in 2022. The new report from economic research consultancy Capital Economics highlights the positive impact Deliveroo makes to the UK hospitality sector and the wider economy, a

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Culinary revolution: Meals in Minutes founders talk innovation, global expansion

Inside Retail

Malaysian-based food startup Meals in Minutes recently announced the securing of US$1.5 million in a seed round led by 500 Global, coupled with a strategic expansion plan spanning Malaysia, Singapore, and the United Kingdom, reflecting the growing market for convenience-based businesses. Founded in 2020 by Brandon Lim and Khiara Mia, the company introduced a concept in the form of frozen vacuum-packed, ready-to-cook meals in 15 minutes.

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Drytac set for expansive solutions showcase at ISA Sign Expo 2024

Drytac

Drytac’s innovative products will feature in live product demonstrations on several manufacturers’ stands during the ISA Sign Expo 2024. Drytac , the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce that its market-leading adhesive solutions will feature across the stands of several major manufacturers during the ISA Sign Expo 2024.

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What The Iconic’s partnership with Cancer Council signals about retail’s power

Inside Retail

The Iconic has partnered with the Cancer Council with support from the Australian Government to promote sun-smart dressing as part of a joint cancer prevention and advocacy effort. The first-of-its-kind collaboration demonstrates the influence retail has on consumer behaviour beyond just checking out. Bringing its fashion lens to the Cancer Council’s research, The Iconic aims to motivate consumers to make more informed and healthier styling choices.

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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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Time for businesses to re-think self-checkouts, says Volumatic

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! In an era marked by a huge rise in retail technological advancements aimed at enhancing convenience, the self-checkout experience can fall short of its promise, leaving shoppers grappling with frustrations and inefficiencies.

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Restaurant Interior Trends – What’s Hot and What’s Not

Mindful Design

Restaurant interior trends come and go, and businesses that want to retain their customers should always pay attention to these changes. What diners enjoyed yesterday may not be what they’re looking for today, so being able to change and accommodate these evolving tastes is essential for the success of a business. Here are a few […] The post Restaurant Interior Trends – What’s Hot and What’s Not appeared first on Mindful Design Consulting.

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Top Convention Centers in South Carolina

Trade Show Booth Companies - Trade Group

Established as one of the original Thirteen Colonies, South Carolina played a pivotal role in the American Revolution and the Civil War, a history preserved in its many historical sites and museums throughout the state. It has a dark yet pivotal part of American history. Regarding the state’s layout, South Carolina’s geography varies from the Blue Ridge Mountains in the northwest to the Atlantic coastline, offering a variety of diverse ecosystems and cultural experiences.

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10 Tips When Choosing Exterior Lighting for Your Business

Mindful Design

Exterior lighting can significantly enhance the attractiveness and success of your business, especially during evening hours. It provides visibility, visual appeal, and offers a first opportunity to make a statement. Additionally, it’s important to ensure that your entrance and pathways are well-lit, allowing your customers to navigate to your entrance doors with ease.

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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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Creating Lasting Educational Spaces: The Power of Durable Millwork

FC Dadson

In educational settings, durability is more than just a feature; it's crucial. Schools and training centers are active places, exposed to the daily wear and tear that comes from nurturing curious minds. Educators and designers are increasingly using custom-designed millwork to create spaces that not only endure but also change with educational needs.

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Hobbycraft provides more reusable, recyclable, and packaging-free products than ever before

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Hobbycraft, the UK’s largest arts and crafts retailer, has continued its commitment to building a more sustainable future by providing more reusable, recyclable, and packaging-free products in its spring and Easter range than ever before.

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Creating Dynamic Learning Environments

FC Dadson

Designing physical learning spaces is a crucial element in the quest for excellence in education. Educational settings are becoming dynamic spaces that foster exploration, collaboration, and individual attention. A significant aspect of this change is the effective implementation of millwork and thoughtful design of educational and training spaces, which can facilitate diverse teaching methods and learning styles.

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Aldi reveals where it is opening new stores in the coming months

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Aldi is set to open 35 new stores across the UK this year as it looks to bring its low prices to even more shoppers. The UK’s fourth-largest supermarket, which opened its 1,000th UK store in Woking last year, will be bringing new stores to both Preston and Derby later this month.

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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 Role of Technology in Modern Classroom Design

FC Dadson

The use of technology in educational spaces has become essential and advantageous as the digital era advances. This shift is transforming the traditional classroom into a dynamic environment that fosters learning through play and digital platforms. Modern classrooms' millwork is crucial in ensuring that educational spaces are not only functional but also conducive to learning.

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Tiffany & Co., celebrates iconic jewellery collections in ‘With Love, Since 1837’ campaign

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Tiffany & Co., has announced the With Love, Since 1837 campaign, a celebration of love, craft and heritage. Taking inspiration from legendary Tiffany & Co. window designer Gene Moore, the campaign reveals the untold stories behind the House’s most definitive jewellery collections: Lock, T, Knot, HardWear, Sixteen Stone and the Tiffany® Setting.

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Cultivating a Fresh Experience for Hicks Nurseries

Chutegerdeman

Hicks Nurseries needed a space that championed their products and felt more open and shoppable. Get a peek at the new store design.

Space 52
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DUSK launches campaign which reveals the nation’s annoying sleeping habits

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! DUSK is delving into the real reasons Brits’ sleep is suffering, with a tongue-in-cheek awareness campaign about the nation’s most annoying sleeping habits. The affordable luxury homeware specialists conducted research into the most common bedtime woes the nation is facing, highlighting that it is often our nearest and dearest to blame.

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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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Enhance – Design for Social Impact, a project by DesignWanted

Design Wanted

Amid significant global transformations, the question of how designers can address wide-ranging and significant societal and environmental challenges becomes paramount. At an event defined by its […] The post Enhance – Design for Social Impact, a project by DesignWanted appeared first on DesignWanted.

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The Groovy Food Company extends listings partnership with Waitrose

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Award-winning British brand The Groovy Food Company (www.groovyfood.co.uk) is announcing the launch of its best-selling Organic Date Syrup into Waitrose supermarkets nationwide. The organic alternative to refined sugars and syrups launched in 2021 and will be available from March 24th in over 260 Waitrose locations and online.

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Clothing brand group, Regatta, signs up for Nexer support following multimillion pound global IT project

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following the success of a five-year, multi-million-pound digital transformation project to elevate business operations, The Regatta Group, a global group of outdoor and workwear clothing brands, has signed up for ongoing IT support through Nexer Enterprise Applications’ Care365 service.

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