Thu.Jan 06, 2022

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My Foodie Box raises $6 million in IPO, plans expansion

Inside Retail

My Foodie Box, the food and logistics technology business that provides meal kits to Western Australian households, lists on the Australian Stock Exchange on Friday (January 7) after raising $6 million in an IPO. The online retailer uses ingredients sourced from ethically responsible local farmers and producers. From its launch in 2019, My Foodie Box has grown from 35 subscribers to more than 1650 and delivers around 1000 boxes per week.

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CallisonRTKL releases its Retail 2022 Forecast

Retail Focus

Global architecture, planning and design firm CallisonRTKL has released its Forecast 2022 report – looking at the accelerators, disruptors, and constants shaping the built retail environment in the year to come. “It’s all about the Anti-Narrative Narrative,” predicts CallisonRTKL. The retail industry and many brands themselves have developed an obsession with experiences that communicate a story – a narrative that explains why it does what it does.

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Trending Sources

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Woolworths pulls bid to pick up pharmacy group API

Inside Retail

In a sudden shift of direction, Woolworths Group has dropped its $872 million proposal to pick up Australian Pharmaceutical Industries , leaving the business likely to be acquired by Wesfarmers. In a statement to the market, Woolworths said it was unable to validate the financial returns it would require from the acquisition after completing its due diligence process, and that it was therefore revoking its non-binding offer. “We are grateful to the board and leadership team of API for thei

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How to Protect Your Store from Cybercrime

Retail Focus

In the past, there weren’t as many crimes to threaten physical retail stores as there are now. That is because technology has advanced rapidly over the years, making the world more digitally interconnected and dependent on technology than ever before. As a result, cybercrime has turned into a severe threat to the world of retail. Cybercrime includes a broad scope of threats, with the most common crime identified as hacking.

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From Data to Decisions: Maximizing Retail Potential with 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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Retail appointments of the week

Inside Retail

Heinemann announces APAC MD. Asia Pacific travel retailer Heinemann has named George Tsoukalas as the new managing director of Heinemann Australia. Tsoukalas will take over from Richard Goodman who is departing Heinemann Australia for a new role outside the travel retail industry, “I am honoured to take on the managing directorship for our amazing team and look forward to continuing my close collaboration with our leadership team in Australia and Singapore,” Tsoukalas said in a statement.

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Design in 2022 – what will furniture design look like?

Design Week

The last two years have been dominated by how Covid has changed our lives, but global warming will change the world more radically. The pandemic has made us all consider our fragility and realise that, while we are in an extraordinary age of technological development, we are not in control of this planet. Facing these complexities and contradictions, we are slowly waking to the need for new models.

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More Trending

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Pladis rolls out extra special sharing biscuits

Talking Retail

Pladis has expanded its portfolio with the launch of McVitie’s Blissfuls, in a move designed to “ramp up” its offering in the special treats sub-category of biscuits. The range consists of a Belgian milk chocolate centre, flavoured with wither hazelnut or caramel, sandwiched between two biscuits. Each flavour will be available from February in 228g.

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Inside the evolution of the meal kit subscription industry

Inside Retail

Meal kit subscriptions and their growth during the pandemic aren’t new news, but there have been a number of other developments in the arena of food and beverage subscriptions as part of the growth of subscriptions more broadly. While we tend to think of meal kits as a 21 st century phenomenon, food delivery had its roots in the mid-20 th century. Omaha Steaks in the USA began a mail order and home delivery service as early as 1952.

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KP Snacks expands price-marked pack range

Talking Retail

KP Snacks has launched its McCoy’s Sizzling King Prawn in a £1 price-marked pack format. The brand said extending the PMP range will boost retailers’ sales as shoppers continue to search for great value products. McCoy’s £1 PMP range is “thriving and outperforming” market growth at 34% compared to the market at 8.3%. With prawn. This story continues at KP Snacks expands price-marked pack range.

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Sushi Sushi CEO leads retail’s first crypto sale

Inside Retail

Australian franchise Sushi Sushi has put a Queensland store up for sale via crypto currency, in what is believed to be a world-first move for a retailer. The brand’s Cavill Avenue location, situated on the eating strip in Surfers Paradise, is up for grabs to buyers across the globe. Scott Meneilly, director and CEO of Sushi Sushi, has observed the rise of cryptocurrencies and NFTs over the last six to nine months and wanted to get involved in this rapidly evolving market.

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The Personalization Playbook: 2024 Strategies

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.

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Division Twelve Opens New Showroom In New York City

VMS

After formal introductions to the contract furniture industry and the successful April opening of the Chicago showroom in the famous Merchandise Mart, Division Twelve is excited to announce the official opening of its New York showroom at the New York Design Center, 200 Lexington Avenue. Located adjacent to the Keilhauer showroom in the New York Design Center, the Division Twelve showroom space is designed by best-in-class design firm Figure3 and mirrors the brand’s goals to spark joy and creati

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Why a strong returns policy matters in 2022

Inside Retail

As the dust settles on 2021, it is clear that many of the changes we had assumed were temporary are in fact here to stay. That includes the much larger portion of our lives we now conduct online and nowhere is this more true than ever in the retail industry. Over the last two years, as businesses turned their focus toward e-commerce and customers became more comfortable shopping online, some areas that had previously made up a small element of retail operations began to take precedence.

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Nike Sues Lululemon for Patent Infringement

VMS

Nike Inc. (Beaverton, Ore.) has filed a lawsuit against Lululemon Athletica Inc. (Vancouver, Canada) accusing the retailer of patent infringement for making and selling the Mirror Home Gym and related mobile applications without authorization, reports Reuters. The complaint, filed in U.S. District Court in Manhattan, cites the infringement of six patents.

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How Baxter & Bailey developed a “David and Goliath” identity for Lewes FC

Design Week

Baxter & Bailey has worked with non-league Lewes FC to “radically develop” its visual identity in a bid to strengthen the team’s support base and attract new fans. The Brighton-based design studio has been working with the semi-professional East Sussex club over the past year on its visuals, brand strategy and digital communications.

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Mapping Digital Transformation: Retail’s Strategic Shift

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

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Belmont University Student Receives Kevin Roche Scholarship

VMS

After two years apart, the PAVE community of retail design luminaires, distinguished professors, and up-and-coming student designers reconnected in person and virtually on Wednesday, December 8th, 2021 for a day of learning, recognition, and celebration all in the name of supporting the next generation of design leaders. Following the insightful and engaging afternoon speaking event, Reimagining Retail with Kevin Roche, we were pleased to recognize a multitude of young professionals and students

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Senior designers enjoy salary increase while juniors struggle in 2021

Design Week

Senior designers saw significant salary increases in 2021 as the economy stabilised and demand returned, a new report shows. The research is based on information from global recruitment agency Aquent, which placed around 2,000 design roles in the past year. Data reveals that salaries for senior art directors rose by 21% to an average of £85,000 while senior digital designers saw a bump of 44%.

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Authentic Brands Officially Withdraws IPO

VMS

Forever 21 parent company Authentic Brands Group (New York) has officially withdrawn plans for an IPO, according to a filing with the U.S. Securities and Exchange Comission, reports Business of Fashion. Though ABG did not provide a reason for the withdrawal, it recently sold a stake to two private equity firms – CVC Capital Partners and HPS Investment Partners – in a $12.7 billion deal in November.

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Nisa’s new chief executive moves across from the Co-op

Talking Retail

Michael Fletcher, the chief commercial officer of the Co-op, has been appointed as the new chief executive of Nisa. Nisa is owned by the Co-op and Fletcher’s move across the group comes after Ken Towle’s departure from Nisa to Asda. Jo Whitfield, chief executive of Co-op Food, said: “Michael brings a wealth of experience and. This story continues at Nisa’s new chief executive moves across from the Co-op.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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Claire’s Launches Same-Day Click and Collect

VMS

Tween mainstay retailer Claire’s (Hoffman Estates, Ill.) has introduced same-day buy online pick up in-store (BOPIS) in the U.S. and U.K., according to a press release. The move is part of the brand’s ongoing digital transformation in response to consumer demands for frictionless and convenient service. A new order management system from Salesforce will support the new offering.

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Nisa boss Towle moves to head Asda’s retail team

Talking Retail

Nisa chief executive Ken Towle is leaving the group to become retail director at Asda. Towle will have responsibility for all Asda’s stores after running Nisa since 2018. He joins Asda later this year. Towle’s appointment is part of a wider leadership shake-up at Asda after its £6.8bn takeover by the Issa brothers and private. This story continues at Nisa boss Towle moves to head Asda’s retail team.

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The iconic Jerrycan becomes an eco-friendly water bottle

Design Wanted

Uganda-based studio Jerrybag has transformed the design into a water bottle that forms part of a campaign to make clean water more accessible in parts of Africa. UNICEF reports only 56% of the population has basic access to drinking water in Uganda compared to 99% of those in first world countries like the UK and the US. Currently raising funds on Kickstarter, the bottle is available in two sizes, a larger 800ml and a more compact 400ml with a slimline shape (with less than 20mm width) intended

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Filshill moves to strengthen category management team to help KeyStores

Talking Retail

Scottish wholesaler J W Filshill is increasing investment in category management for KeyStore retailers by appointing its first dedicated space planner. Iain Main joins the Glasgow-based wholesaler as category range planner having worked with food retailers for over 20 years. Main has had a career that has included spells with Safeway, Somerfield and the Co-op.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

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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YuanGu Restaurant (Chengdu Taikooli Store)

Retail Design Blog

Project Name?YUANGU Restaurant (Chengdu Taikooli Store) Design Team?YUANGU Corporation WUZHI Design Client?YUANGU Corporation Consultants? Huazhuang Brother Design year & Completion.

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Spar launches ‘get your shop for free’ promotion

Talking Retail

Spar has launched a campaign to give customers the chance to win their shopping for free during January. Shoppers need to upload their receipt to a bespoke website for the chance to win back what they have spent. There will be 30 prizes a day for 30 days until 1 February. In total there are. This story continues at Spar launches ‘get your shop for free’ promotion.

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Poundland extends frozen food to 100 more stores and unveils new large format stores

Retail Times

Poundland is starting 2022 in style by accelerating its transformation plans with the vigorous rollout of its chilled and frozen food and an opening programme that includes some of the largest stores in the portfolio.

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Ferrero supports retailers this Valentine’s Day

Talking Retail

Ferrero is once again running its convenience-exclusive competition ahead of Valentine’s Day. Five retailers will not only win stock but will also receive a Ferrero Rocher-inspired rose bouquet worth £50, to gift to a customer or member of their community. The competition will “highlight the importance of stocking the core Ferrero Rocher range ahead of.

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Retails Next Frontier: Exploring and Proving the Value of AI

AI is everywhere. It’s in customer service interactions, product recommendations, marketing outreach, and yes, even commerce experiences. But not every use of AI provides the same value to your brand. In this masterclass, experts from Constructor, commercetools, Contentstack, and Orium discuss how AI can complement your composable tech stack and help bring in immediate ROI.

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Next excels during the golden quarter, says GlobalData

Retail Times

Following today’s release of Next’s figures for the 8 weeks to 25 December 2021; Emily Salter, senior rretail analyst at GlobalData, a leading data and analytics company, offers her view: “Next has been an outperformer in retail throughout the pandemic, and Christmas 2021 was no exception. Despite issues of limited stock, inflationary pressures on consumers, and disruption to delivery times, total full price sales grew by 20% on a two-year basis for the eight weeks to 25 December 2021, leading t

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ACS launches annual survey on what it’s like to work in local shops

Talking Retail

The Association of Convenience Stores (ACS) has launched its annual survey to find out how staff in the sector feel about their jobs. ACS chief executive James Lowman said: “Our annual Colleague Survey forms a vital part of our research and informs our conversations with policymakers on the needs of people employed in our sector. This story continues at ACS launches annual survey on what it’s like to work in local shops.

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Mcguigan Wines partners with Anya Hindmarch for Dry January pop-up

Retail Times

With Christmas behind us and the nation waking up from its mince pie coma, new research has revealed one in two people are looking to moderate their drinking in 2022, with one in 10 looking to give up alcohol entirely.

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Tesco starts using electric HGVs for food transport

Talking Retail

Tesco has become the first major retailer to use electric trucks to transport some of its groceries. From this month, the first electric heavy goods vehicles (HGVs) will operate out of Tesco’s distribution centre in Magor, Wales, in partnership with FSEW, a logistics and freight forwarding company. The route they will initially operate on is. This story continues at Tesco starts using electric HGVs for food transport.

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.