Inside Retail

AUGUST 13, 2023

Trans-Tasman electronics retailer JB Hi-Fi has reported a profit slump for the full year however, sales growth remained favourable. The business said sales grew 4.3 per cent to $9.63 billion while tax-paid profit fell 3.7 per cent to $524.6 million. In Australia, sales grew 5.6 per cent to $6.55 billion while comparable sales were up 4.8 per cent and online sales declined by 20.9 per cent to $940 million.

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Mindful Design

AUGUST 13, 2023

Your restaurant, store or office is the space where you and your employees spend a remarkable amount of time every week. It is also the place where your customers come to enjoy your products and services, hoping for a pleasant experience. This is why an interior that is conducive to both physical and mental health […] The post 10 Ways to Create Healthy Commercial Spaces that Promote Well-being appeared first on Mindful Design Consulting.

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Inside Retail

AUGUST 13, 2023

The world of luxury retail is in for a shake-up, following last week’s announcement that Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzmann, will acquire Capri Holdings , the owner of Versace, Jimmy Choo and Michael Kors, for US$8.5 billion. The move, which is expected to close in calendar year 2024, will create a global fashion empire with a presence in over 75 countries and combined sales in excess of $12 billion.

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Accessories Accessories Fashion Department Stores 246

Retail Times

AUGUST 13, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Quick commerce has been one of the fastest growing and innovative segments of food & grocery retailing in the last few years. Strengthening the omnichannel proposition is a strategic priority for many leading retailers and offering customers a rapid delivery option is increasingly becoming part of this.

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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

AUGUST 13, 2023

Retailers have been under tremendous pressure in recent months, with ever-increasing business costs and reduced consumer spending hitting their bottom line. There are concerns that the retail downturn has already affected staff employment levels, with ABS data reportedly showing that retail employment fell by 46,000 jobs between February and May this year.

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Management Consumer Other Line 243

Inside Retail

AUGUST 13, 2023

Our Barehands, a purpose-driven enterprise, recently set up shop in Funan Mall in Singapore, showcasing a range of apparel and accessories made by underserved communities, including Afghan refugees. The store marks the brand’s debut in the world of physical retail, emphasising custom-made linen attire. For now, customers can either order online or visit a pop-up location at i12 mall in Katong for fittings.

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