Mon.Aug 21, 2023

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As labour shortages endure, retailers must look to automate cash handling

Inside Retail

While the world may slowly be returning to normal in the post-pandemic era, retailers worldwide continue to face labour shortages in customer-facing roles. A recent study by Deloitte found that 74 per cent of executives heading major global retail companies expect shortages in customer-facing positions. Closer to home, the Australian Retailers Association (ARA) surveyed members and found that 84 per cent reported it has become harder to recruit new team members.

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EQ Office by Atelier Cho Thompson

Retail Design Blog

US studio Atelier Cho Thompson has redesigned the shared spaces for an office building in Boston, borrowing shapes and materials.

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Trending Sources

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Adairs reports strong performance for the full year

Inside Retail

Bedding and homewares retailer Adairs has reported a 10 per cent lift in group sales in FY23 with the Focus on Furniture brand performing well. For the year to June 25, group sales achieved $621.3 million, up 10.1 per cent while tax-paid profit reached $37.8 million and underlying EBIT fell 16.4 per cent to $63.9 million. Adairs’ sales were up 2.9 per cent to $430.8 million driven by a 7 per cent increase in-store sales while online sales fell 6 per cent however accounted for 27.1 per cent of to

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McFarlane Architects Offices

Retail Design Blog

McFarlane Architects designed a space for their team with a sleek feel and intentional color palette in San Diego, California.

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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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Coles posts $1 billion profit as customers demand value

Inside Retail

With inflation and cost-of-living pressures rising, Coles says its Dropped & Locked value campaigns and own brand offerings boosted sales in FY23. For the 52 weeks to June 25, sales from continuing and discontinued operations reached $41.5 billion – up 5.3 per cent – while tax-paid profit rose to $1 billion. Supermarket sales reached $36.7 billion, up 6.1 per cent, with online sales of $2.8 billion, up 1.1 per cent as customer shopping behaviour normalised with the return to in-store shoppin

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Maison Margiela store

Retail Design Blog

Despite the growing number of glittering flagship stores lining swanky Omotesando dori – mind you, many a building has been.

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El Abd Patisserie by Salwa Edris

Retail Design Blog

El-Abd Patisserie is one of the renowned confectionery shops in Egypt, specializing in both Eastern and Western sweets.

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The Western retail rush: how India’s middle class is drawing iconic brands

Inside Retail

US-based apparel chain Old Navy is reportedly exploring a possible expansion to India. According to India Retailing , Reliance Retail is thinking of bringing Old Navy and Banana Republic, which are both owned by Gap Inc, to the country. If it pans out, they would be the latest American brands to enter the Indian marketplace, where a rapidly expanding middle class has already attracted brands like Levi’s and Apple to the country.

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Paw Pets Spa by Office AIO

Retail Design Blog

Office AIO takes a stand on humane spaces for pets. With pet ownership on the rise, how can we holistically.

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San Churro reveals smaller footprint Clasico store

Inside Retail

San Churro has unveiled its first San Churro Clásico format store at Karingal Hub, Victoria. The Clásico model with a localised, tailored design, is the dessert chain’s answer to a smaller footprint, lower cost store. San Churro is targeting sites between 60 and 80 sqm, rather than the typical store footprint of 120 sqm to 250sqm. Investment levels vary depending on the unique characteristics of the site with a target range of $250,000 to $350,000.

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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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Drytac expands market-leading range with launch of Polar Grip Air

Drytac

The new Polar Grip Air film will initially be made available to purchase in the North American market from August 2023. Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the launch of its latest product – Polar Grip Air. The latest addition to the incredibly popular Drytac Polar Grip range, Polar Grip Air is a 3.2 mil white polymeric PVC film featuring a high-tack grey adhesive with a bubble-free tec

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Coles’ challenges for the year ahead: reining in costs and retail crime

Inside Retail

Despite consumers’ changing spending habits, Coles delivered a positive result on Tuesday, with sales at the Australia supermarket chain slightly up year on year. And while net profit was slightly down from FY22, this still resulted in more than $1 billion being added to the business. Unlike much of the retail sector, however, Coles is confronting a number of challenges beyond rising prices and softer spending as it heads into FY24, including a spike in theft and ballooning transformation costs.

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Japan FSA Publishes Draft Guidelines on Impact Investment and Calls for Public Opinion

Eye on ESG

On 30 June 2023, the Working Group on Impact Investment (“ Working Group ”), which was established under the Expert Panel on Sustainable Finance of the Financial Services Agency of Japan (“ FSA ”), published a report (“ Report ”) (in English and Japanese ) setting out domestic and international trends in impact investment and draft basic guidelines consisting of four key principles as discussed below (“ Guidelines ”).

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Bay Cities Celebrates New Fiscal Year Kick Off 2024!

Bay Cities

As the HR Director of Strategic People Operations, I'm proud to share that Bay Cities follows the tradition of selecting a theme that encapsulates our strategic company objectives each fiscal year. In the dynamic landscape of business, setting the right tone and direction for the year is crucial. Bay Cities, a company on a remarkable growth trajectory, has embraced this concept wholeheartedly by choosing a theme that resonates with our journey – "DRIVE!

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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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Victoria Place in Woking to welcome Danish homeware retailer, Søstrene Grene, later this year

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Victoria Place in Woking is to welcome Danish homeware retailer, Søstrene Grene, later this year, as part of its rapid expansion across the UK. Occupying a prominent position on Henry Plaza between M&S and Moss Bros., the brand is opening a 4,673 lsq ft store, its first-ever in Surrey.

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Are subscriptions killing retail?

Barber Design

Subscription-based shopping is a massive trend that took off in a big way during the pandemic when nobody could shop. Here in the UK, it’s SMOL cleaning and washing products, Serious Tissues sustainable loo roll, Oddbox’s odd fruits and vegetables being saved from becoming food waste; and of course- beauty boxes! Potentially where it all started. Birchbox started in 2010 delivering 4-5 products per box, designed around the skin/hair needs of the customers and it’s spread from the US to UK, and a

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Co-op: addressing shopper price-perceptions of the convenience offer with Member Prices

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As the cost-of-living challenges continue to impact shoppers, loyalty schemes have come to the fore as a way for retailers to offer enhanced value to their shoppers. All the major UK food & grocery retailers, bar the discounters, now offer some form of direct-value benefits as part of a loyalty programme.

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How Pentland Brands is using data to get closer to its customers

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Pentland Brands is the name behind some of the world’s best sports, outdoor and lifestyle brands. It owns Speedo, Berghaus, Canterbury of New Zealand, Endura, ellesse and Mitre. It’s also the UK footwear and apparel licensee for Kickers.

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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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Post-pandemic and inflationary supply chain pressures see 82% of UK shoppers experience out-of-stocks, Retail Insight reports

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! With retailers facing continued supply chain disruption – from the long shadow of covid-19 to Russia’s war on Ukraine and climate change – shoppers are reporting increased levels of out-of-stock products, according to the latest data from Retail Insight, the leading provider of store operations execution software.

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Trend to upsize continues at Westfield UK centres as more major global brands increase store footprint in 2023

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Unibail-Rodamco-Westfield (URW) has revealed continued growth in store upsizes, as brands solidify their focus on creating innovative store experiences. Building on a trend established in 2022 at Westfield London and Westfield Stratford City, both centres have seen a surge in demand from retailers seeking to grow their physical store presence this year.

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