Sun.Jan 08, 2023

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The Athlete’s Foot becomes first Aussie retailer to launch game on Roblox

Inside Retail

The Australian arm of global footwear retailer The Athlete’s Foot has launched a free online game on Roblox called Fitopia. The game – which the brand says represents a first by a retailer in Australia – recreates a classroom and schoolyard environment in an oversized, distorted style and features three unique worlds kids can play in. The first game features a classroom environment with brain twisters and puzzle games followed by a second game with a focus on simulation and sports while th

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New Report Picks 10 Brands to Watch in 2023

VMS

Drawing on layers of geospatial, psychographic and foot traffic data, Placer Labs Inc. identified the retailers with the best chance for success in the coming year and summarized the results in a white paper titled “10 Top Retail Brands to Watch in 2023.”. Here’s a sampling of the retailers expected to have a strong year: Five Below. Much of the chain’s appeal lies in its position as the go-to discounter for tweens and teens who find that their pocket money can get them a treat from the chain.

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Going green: How leafy streets can boost foot traffic

Inside Retail

Beyond the social and environmental benefits and aesthetic appeal, the addition of green spaces in urban areas can have an enlivening effect on the retail industry, boost the local economy and make shopping a more appealing prospect. Research from the City of Melbourne demonstrated that customers would pay upwards of 10 per cent more for goods sold in CBDs if there were high-quality tree canopy, and would visit more often and stay longer in shopping districts with tree coverage.

Space 264
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RtA NYC store by Dan Brunn features broken crystal and red fitting rooms

Dezeen

Pieces of broken crystal fill a display case that runs the length of this Manhattan boutique , completed by Los Angeles-based architect Dan Brunn for streetwear brand Road to Awe. The store on Mercer Street in SoHo is both the third location for Road to Awe , also known as RtA, and the third designed by Dan Brunn Architecture. Road to Awe's third store by Dan Brunn is divided by a central display.

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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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Artificial intelligence meets fashion: How AiDA is disrupting design

Inside Retail

In December, Hong Kong -based start-up Code-Create launched the world’s first artificial intelligence (AI) platform for fashion design. . Called AiDa, which stands for Artificial Intelligence Design Assistant, the technology was unveiled at the Fashion x AI event in Hong Kong, where international brands and designers including Besfxxk, Injury, The World Is Your Oyster, Mountain Yam, Kay Kwok and Fengyi Tan debuted their inaugural AI-driven collections.

Fashion 261
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Business cash deposits fall for Post Office

Talking Retail

Rail strikes and freezing weather were among the reasons that business cash deposits at post offices fell in December. The Post Office has reported that business cash deposits were down 2% in December but remained above the £1bn mark at £1.09bn. In contrast, personal cash withdrawals jumped significantly, up 6.7% to £892m compared with November. This story continues at Business cash deposits fall for Post Office.

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Volume 36, Issue 6

Retailing Insight

Read Online. The post Volume 36, Issue 6 appeared first on Retailing Insight Magazine.

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Self-service micro market chain Morsl raises $5 million for expansion

Inside Retail

Self-service micro market chain Morsl has secured $5 million in a series-A capital round, increasing the company’s valuation to $14.4 million as it looks to accelerate its expansion. The company will use the funds to open 20 new sites, penetrate industries “beyond workplaces”, and hire key management positions to scale its business. Established in 2018, Morsl curates some 1000 fresh food, snacks, and drinks – including ready-to-eat meals, salads, and sandwiches – offered via a fully automated, s

Expansion 130
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Ant Group founder Jack Ma to give up control in key revamp

Inside Retail

Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two years ago. Ant’s $37 billion IPO, which would have been the world’s largest, was cancelled at the last minute in November 2020, leading to a forced restructuring of the financial technology firm and speculation the Chinese billionaire would have to cede c

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Vicinity Centres to trial battery storage at two malls

Inside Retail

Vicinity Centres has teamed up with energy services ecosystem EnelX on a pilot onsite battery storage systems agreement. The joint venture will expand on Vicinity’s Integrated Energy Strategy and maximise its energy production and reduce its reliance on the electricity grids. The batteries – operated and optimised by EnelX – will store excess renewable energy when spot electricity prices are low or negative.

Strategy 130
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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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The future of in-house retail innovation 

Inside Retail

Imagine that you’re IBM Engineer Frank Canova and your team has just launched an innovation that will change the world forever: the smartphone. It was no small feat. The technology took you years to devise, add two years to bring it to market, and you’re looking at half a decade of hard-fought radical innovation. Of course, the smartphone has revolutionised the way we communicate.