Inside Retail

JANUARY 19, 2022

Burberry is continuing to make inroads with a younger demographic, reporting a 26-per-cent lift in sales of goods at full-price in the latest quarter driven by new customers. “Full-price sales continued to grow at a double-digit percentage compared with two years ago, accelerating from the previous quarter and reflecting a higher quality business,” said chair Gerry Murphy, releasing unaudited quarterly results today.

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Design Week

JANUARY 19, 2022

When Brompton founder Andrew Ritchie was designing the prototype for his folding bike, he only had to look opposite his flat for naming inspiration: South Kensington’s Brompton Oratory. Since those days in the 1970s, the bike brand has notched milestones far and wide: full-time production at its first factory in West London, a Brompton World Championship held in Barcelona in 2006.

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Design 144

Inside Retail

JANUARY 19, 2022

Two hundred special edition pairs of Louis Vuitton Nike ‘Air Force 1’ by Virgil Abloh sneakers are set to go to auction on Sotheby’s. The late Virgil Abloh designed the collaboration range for Louis Vuitton’s Spring-Summer Men’s collection this year to mark the kicks brand’s 40th anniversary. Abloh viewed the original sneakers as a cultural symbol of the hip-hop heritage which nurtured his artistic roots growing up.

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Design Week

JANUARY 19, 2022

The Australian Open has become the first-ever major sporting competition to adopt sound design innovation Action Audio to help blind and low-sight fans experience more of the tournament. Innovation design studio AKQA is behind the audio solution, which aims to create a more accessible broadcast experience for the 285 million people globally living with blindness and low-vision impairments.

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Design 137

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.

Inside Retail

JANUARY 19, 2022

Mosaic Brands has reported strong revenue acceleration despite challenges due to the pandemic during the past six months. . The ASX-listed parent of retail chains including Noni-B, Katies, Rivers and Rockmans, says online sales hit $119 million, up 21 per cent year on year and accounting for about 40 per cent of total group sales of $298 million. Mosaic Brands CEO Scott Evans said the result highlights a global trend of consumers aged over 50 embracing the online channel.

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Retail Times

JANUARY 19, 2022

Long promised in the land of science fiction, augmented reality technologies are now finally entering the mainstream. Though their primary uses are often touted in gaming and medicine, almost any business could see significant advantages through the integration of this new tech. Taking a look at what this tech is and what it could do could give you a glimpse into the coming generation, to help you get ahead of the curve.

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Talking Retail

JANUARY 19, 2022

Yazoo is launching several new promotions for its price-marked pack (PMP) range. Rolling out from the beginning of February, Yazoo’s one-litre bottles will be available as a £1.79 PMP, whilst the core 400ml bottles are in a £1.15 PMP, with an additional flash showing the attractive new two for £2 offer. Wayne Thompson, business unit. This story continues at Yazoo supports price-marked range with new promotions.

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Promotion 105

Inside Retail

JANUARY 19, 2022

In a quest to cut costs, many businesses inadvertently leave money on the table by overlooking legitimate savings or chasing false economies. From paying more than necessary to cutting budgets on activities that bring home the bacon, here are some of the most commonly overlooked savings in business to look out for: 1. Marketing waste. Advisors warn against cutting marketing budgets at the risk of plunging into obscurity.

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Retail Times

JANUARY 19, 2022

I started as General Manager at Uber Eats in the UK in December, and since then my focus has been on understanding what we can do as a team to help our restaurant partners get the best out of our platform and the technology that we offer. As part of this, it has not taken me long to see how some of the most fascinating culinary trends across the nation are developing on our platform.

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Management 98

Inside Retail

JANUARY 19, 2022

The biggest retailer in the world, Walmart, has reportedly filed several trademark applications that suggest it plans to create its own cryptocurrency and collection of nonfungible tokens, or NFTs. The filings, reported by CNBC earlier this week, have been described as Walmart’s first step into the metaverse, the idea that, in future, we will spend more of our everyday lives inside of virtual and augmented realities and will need more virtual goods, such as clothing, as a result.

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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.

Strategy

E Delevry

JANUARY 19, 2022

The proportion of consumers thinking same day delivery is important has increased from a third (33%) in 2020 to more than half (56%) in 2022, according to new data from ParcelHero. Demand for next day delivery has also surged. The change in demand follows the increase of online shoppers during the pandemic, with online sales accounting for 19% of the overall retail market in February 2020 compared to an average 30% now.

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Inside Retail

JANUARY 19, 2022

From offering customers ready-made meals and protein muffins to a new workout app and gym membership, My Muscle Chef is now entering the weight loss category with the launch of a personalised program. Since the company first launched in 2013, alongside the rise in health consciousness, ready-made meals have become big business, with more Australians looking for a simple solution to healthy eating.

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Mindful Design

JANUARY 19, 2022

One of the simplest ways to update a commercial space and make an impact without a large budget is upgrading your light fixtures. This is why we always keep an eye on what is new on the market, what contemporary tastes demand, and what light fixture trends emerge in commercial design. It is no surprise […]. The post Decorative Light Fixture Trends for Commercial Spaces appeared first on Mindful Design Consulting.

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Inside Retail

JANUARY 19, 2022

Milkrun – the inner city Sydney grocery-delivery startup with a 10-minute turnaround promise – has secured $75 million in funding led by US investor Tiger Global. While the company has been operating for just four months, it has now drawn $86 million in seed funding from investors, including local funds Grok Ventures, Skip Capital and AirTree Ventures.

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Other Marketing 130

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.

Strategy

Talking Retail

JANUARY 19, 2022

Face masks should remain compulsory for shoppers, even if other Covid safety measures are scaled back, says Usdaw (the Union of Shop, Distributive and Allied Workers). The union says that regulations that keep changing have made compliance less strict than it should be. Paddy Lillis, Usdaw general secretary, said: “There is no reason why, when. This story continues at Face masks should stay, says shopworkers union.

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Inside Retail

JANUARY 19, 2022

First-party data is more valuable than retailers realise. Not only does leveraging it transforms the customer’s buying experience, ultimately resulting in more sales, but it may also be the avenue into a new revenue stream when shared (safe and securely) with vendors. . Why first-party data matters. First-party data is becoming increasingly valuable for retailers.

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Talking Retail

JANUARY 19, 2022

Northern Ireland’s retailers association has urged the region’s government to relax Covid restrictions. The Northern Ireland Executive is due to discuss the regulations at a key meeting tomorrow (20 January). Retail NI’s chief executive Glyn Roberts said: “It is good to see progress in tackling Omicron with falling cases and hospital inpatients. “The Executive needs.

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Retail Times

JANUARY 19, 2022

Diebold Nixdorf has announced a major update to its ongoing partnership with East of England Co-operative Society, one of the larger consumer cooperatives in the U.K. with 122 stores. The retailer has deployed more than 180 DN SeriesTM EASY eXpress self-service solutions, powered by DN VynamicTM Self-Service software, in over 80 stores across East Anglia.

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Consumer 59

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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.

Customer Engagement

Talking Retail

JANUARY 19, 2022

Retail trade union Usdaw has renewed its call for reform of statutory sick pay (SSP) to support workers who need to take time off work. As part of Usdaw’s New Deal for Workers campaign, it is asking the government to raise SSP from £96.35 per week so that it reflects average wages. The union also. This story continues at Usdaw renews the call for a new deal for workers on statutory sick pay.

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Eye on ESG

JANUARY 19, 2022

In December 2021, the Hong Kong Monetary Authority ( HKMA ) issued the results of its pilot climate risk stress test ( CRST ). The CRST assesses the potential impact of climate change on the Hong Kong banking sector. It marks the latest such publication by a regulator on the topic, with French regulator, Autorité de contrôle prudentiel et de résolution ( ACPR ), having published the results of its climate risk stress test in Q2 2021 and a number of other countries’ regulators undertaking simil

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Talking Retail

JANUARY 19, 2022

UK grocery wholesalers had a good year of growth in 2021/22, according to analyst Lumina Intelligence. Although the total wholesale market experienced a slowdown in growth compared with 2019/20, Lumina highlighted the success of grocery wholesalers within this in its UK Wholesale Market Report 2021/22. Costco and Morrisons were the two fastest-growing, up 15.8% and.

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Marketing 59

E Delevry

JANUARY 19, 2022

Eve Sleep says covid-related absences across the delivery network over the Christmas period meant additional strain and subsequent customer service challenges. However, in its latest trading update the company said it expected the challenges to be short-lived and said that customer experience should return to its normal high levels over the next few months.

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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

Architecture

Talking Retail

JANUARY 19, 2022

Parfetts has appointed Richard Fleming as head of operations in part of its region. He will be responsible for developing the delivered service for the Stockport, Aintree and Anfield depots and running the cash and carry operations. Fleming previously worked for Booker and will report to Andy Whitworth, wholesale director at Parfetts. Whitworth said: “Richard.

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E Delevry

JANUARY 19, 2022

River Island has partnered with Segura, a platform for supply chain transparency, to ensure its suppliers are ethical, sustainable, efficient and compliant. The Segura solution enables companies to continuously map and monitor their multi-tiered supply chain, helping to support River Island’s corporate sustainability targets. The retailer recently published its ‘12 Commitments for People and Planet’, which are aligned to the United Nations ‘Sustainable Development Goals’.

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Management 52

Talking Retail

JANUARY 19, 2022

Pladis is kicking off a TV advert for its McVitie’s brand, as part of its £10m Golden Moments campaign. The brand is now the lead sponsor of ITV’s Britain’s Got Talent programme and will be showcased during advert breaks, supported by a 20-second advert linking to an on-pack promotion and digital, social media and sampling. This story continues at Pladis unveils Britain’s Got Talent sponsorship.

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VMS

JANUARY 19, 2022

(PRESS RELEASE) LANCASTER, PA – Armstrong Ceiling & Wall Solutions has introduced Tectum DesignArt ceiling and wall panels, a new portfolio of 46 mix-and-match sustainable, acoustical panels that transform interior spaces by combining texture, shapes, linear designs, patterns, and colors. The new portfolio includes Tectum DesignArt – Shapes, which features 30 standard shaped panels for direct attachment to ceiling and walls, and Tectum DesignArt – Lines which features eight standard precisio

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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.

Strategy

Design Wanted

JANUARY 19, 2022

The Lines & Dots collection is at the same time a lamp and a sculpture. After its initial success in 2015, the relevance of Gofi’s “Lines & Dots” collection remains, highlighting the sculptural potential of 2D shapes. Barcelona studio Goula/Figuera has designed a collection of pendant lights based on dozens of ink drawings. The Lines & Dots lamps were designed using a set of eight sketches made from markings drawn by hand on paper.

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VMS

JANUARY 19, 2022

Monster Beverage Corporation (Corona, CA) has agreed to acquire CANarchy Craft Brewery Collective, a craft beer and hard seltzer company, for $330 million in cash. The transaction will bring the Cigar City (Jai Alai IPA and Florida Man IPA), Oskar Blues (Dale’s Pale Ale and Wild Basin Hard Seltzer), Deep Ellum (Dallas Blonde and Deep Ellum IPA), Perrin Brewing (Black Ale), Squatters (Hop Rising Double IPA and Juicy IPA) and Wasatch (Apricot Hefeweizen) brands into the Monster beverage portfolio.

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Retail Times

JANUARY 19, 2022

Perfect Corp., the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, partnered with leading beauty brand, M·A·C Cosmetics, and online product sampling platform, SoPost, for a first-of-its-kind digital-meets-physical personalized product sampling experience for M·A·C Cosmetics’ iconic Studio Fix Fluid Foundation.

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VMS

JANUARY 19, 2022

Supermarket chain Aldi (Essen, Germany) has opened its first checkout-free store in London, according to a press release. The Aldi Shop&Go new concept store opened to shoppers on Greenwich High Street in Greenwich, London. For the past few months, Aldi employees have been beta-testing the store, which allows shoppers to purchase their groceries without scanning the products or going through a checkout lane.

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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

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