Inside Retail

APRIL 5, 2021

Tributes have been flowing in from around the world since Australian fashion icon Carla Zampatti passed away in Sydney on Saturday 3 April at the age of 78. Customers, past employees and leaders across various sectors, from fashion and politics to sports and media, have shared their memories of the acclaimed designer. In October last year, I spoke with Carla for the first time at a Sydney event for Afterpay Australian Fashion Week, when it was announced that the show would make a return as a phy

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RetailMinded

APRIL 5, 2021

Running a store can be an incredibly stressful job. It’s challenging for many store owners to find time to spend with their loved ones or to practice self-care and stress management. When time is a precious commodity, every moment counts. . There are plenty of activities busy store owners can do either by themselves or with their family to restore their work-life balance and de-stress.

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Inside Retail

APRIL 5, 2021

Hugo Boss Australia is partnering with mental health organisation Beyond Blue, in an effort to raise awareness of and encourage conversations about mental health. The fashion firm will provide a minimum of $100,000 to Beyond Blue’s Support Service, which is funded entirely by donations, and will use its CRM and in-store channels to promote the service while donating money for each “WEEDO2” sweats and “TCHUP” jersey sales.

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Tusco Display

APRIL 5, 2021

One of the Big Questions coming out of the Year of Covid has been: Will shoppers return to shopping in stores? The presumption has been that shoppers have adopted more online shopping practices and won’t want to give up the convenience of having their groceries picked & packed for curbside pickup (BOPIS) and having their apparel, books, dogfood, sporting goods, etc delivered to their front porches.The US Census Bureau tracks online v in-store buying.

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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.

Consumer

Inside Retail

APRIL 5, 2021

Canadian activewear firm Lululemon is launching a new store on George Street, Sydney in July, which will cover two floors and offer 585 square metres of space. The store will be Lululemon’s first multi-level store in the country, and will occupy the ground and first floor of Brookfield Place, Sydney. “As the largest store in our Australia and New Zealand retail portfolio, Brookfield Place represents a new and exciting home for us to connect with our Sydney CBD community,” said Lululemon ANZ mana

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Design Wanted

APRIL 5, 2021

Controlled Burned by Israel-based designer, Shira Horenstien, explores the relationship between humans and natural elements by using fire as the means as well as the outcome. Designed by Shira Horesnstien, Controlled Burn deals with taming and domestication of fire in the indoor environment. The project’s final product is a ceramic object that serves as a magnetic core for social gathering.

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Inside Retail

APRIL 5, 2021

Chinese discount variety store business Minoso claims to be the world’s largest retailer of “lifestyle products”, offering high quality household goods, cosmetics and food at affordable prices. It is interesting to see how some of the mystery surrounding its financial performance and strategy has lifted following its IPO on the New York Stock Exchange last year.

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Inside Retail

APRIL 5, 2021

South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10 per cent share in North America, where it is the No. 3 brand, to be gobbled up by Samsung Electronics and Apple with its domestic rival expected to have the edge. “In the United States, LG has targeted mid-priced – if not ult

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Inside Retail

APRIL 5, 2021

As the world’s largest coffeehouse chain, Starbucks is well aware of its responsibility to offer an inclusive space for all its customers, and its efforts to be more accessible to people with disability are setting the standard for other retailers globally. Last month, Starbucks introduced a new technology at all US stores that supports blind and low vision customers in making orders.

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Inside Retail

APRIL 5, 2021

Simon and Tahnee Beard founded Culture Kings in 2008 with the aim of becoming the Net-A-Porter or Farfetch of streetwear. After selling a stake in the business last week to a.k.a. Brands, an online retail platform backed by renowned investment firm Summit Partners, they appear closer than ever to achieving that goal. While the terms of the deal have not been disclosed, Simon told Inside Retail the acquisition has given Culture Kings a valuation of approximately $600 million and will enable the r

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Strategy

Inside Retail

APRIL 5, 2021

Managing purchase orders is on most buyer’s daily to-do lists. It’s not their favorite task, but it’s important. They spend hours sending emails, texts, or calls to ensure that the vendor: Received their order Can completely fill the order Will deliver the order on time. Once the order is sent, retailers have little or no visibility to its status until it arrives at their docks.

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Inside Retail

APRIL 5, 2021

With the past year’s unprecedented acceleration in digital business, retailers across the board have faced strong pressure to adapt their operations and transition to a more omnichannel mode of commerce. In the majority of cases, this has been a do-or-die scenario, with market instability brought on by the pandemic threatening to topple those traditional retailers unprepared to deal with an earthquake in established patterns of demand.

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