Wed.Aug 24, 2022

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King Living open European flagship on Tottenham Court Road

Retail Focus

Australian furniture brand King Living lands amongst homeware flagships; bringing their cool, contemporary and authenticity to Europe for the first time. Designed by Barber’s team on the ground in London; King Living came to Barber Design for their reputation and deep knowledge in the retail design sector. After several online meetings and being initiated into the brand virtually- due to the pandemic- Barber learned about the King Living brand and their unique family-led approach.

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Retail Food Group profit rises despite trading difficulties

Inside Retail

Multibrand food chain franchisor Retail Food Group (RFG) says tax-paid profit increased more than threefold to $5.3 million despite a challenging trading environment. . The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U Michel’s Patisserie, Pizza Capers and The Coffee Guy. Earnings before income and taxes rose 4.6 per cent to $17.3 million while same-store sales grew 2.3 per cent compared to the previous year.

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The Commerce Shifts Giving Power to Consumers

Retail Focus

The commerce industry never stays still for too long. But in recent years, the rate of change has become more profound and significant than in times gone by. Ecommerce has become more widely available and accepted and, in the process, has given plenty of benefits to consumers. Most of this has to do with the level of information available online, and as a result of market competition.

Consumer 130
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Booming e-commerce bolsters Woolworths top line in ‘challenging’ year

Inside Retail

Woolworths Group boosted its sales by 9.2 per cent to $60.85 billion last financial year, with e-commerce revenues up 39 per cent to $6.26 billion. . In its results announcement for the year to June released today, the grocery retailer reported EBIT of $2.69 billion, down 2.7 per cent year on year, and a net profit attributable to shareholders of $1.514 billion, up $10 million on year.

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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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Unfolding a story influenced by Mediterranean roots

Design Wanted

Skillfully creating a universe to bring comfort into one’s home, Montreal-based Nadine Hajjar beautifully crafts ‘Coralis’ – an alluring collection of side tables inspired by corals […]. The post Unfolding a story influenced by Mediterranean roots appeared first on DesignWanted.

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Woolworths flags concerns across supply chain, customer experience

Inside Retail

Despite group net profit hitting $1.5 billion in FY22 , Woolworths conceded this week that the result landed below its aspirations for the year. . All of Woolworths’ brands stayed relatively flat, with Australian food sales up 4.5 per cent, New Zealand food up 6.6 per cent, and Big W down 3.3 per cent. The business’ Australian B2B arm, however, saw sales more than triple to $3.9 billion, far ahead of the $1.2 billion seen last year, due to the integration of PFD Foods into the Woolworths ecosyst

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Surging travel demand restores profit for Flight Centre in fourth quarter

Inside Retail

The speed with which New Zealanders and Australians have resumed international travel has caught trans-Tasman travel company Flight Centre Group by surprise. “We were confident the demand for travel would eventually come back post-Covid, but I don’t think anyone could have predicted the pace at which it has rebounded since borders have re-opened around the world,” said NZ MD David Coombes.

Consumer 130
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Moves and changes – design industry news

Design Week

Steve Lidbury has joined Imagination as the new executive creative director for the UK and Europe. Lidbury previously worked for Imagination from 2010-2015 and is returning after developing his expertise at Eight Inc. London, where he worked as the executive principal. London-based creative agency The Clearing has appointed former McLaren CMO and Interbrand CEO John Allert as chairman.

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How to fight the good fight

Inside Retail

We argue a lot more than we realise. Whether it’s about vaccines, remote work, war or politics the human race argues about everything – just look at comment threads on Twitter or Facebook for proof. Yet most of us dislike the idea of an argument, and actively avoid conflict in our day-to-day life and work. We’ve been trained to see arguments as negative, and to repress this very natural tendency to disagree – especially in the workplace.

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Drytac welcomes Daniel Farias as Technical Engineer, North America

Drytac

Daniel Farias will be based at Drytac’s North American manufacturing and production facility as support to quality control, technical sales, operations, production coating, converting and product management. Drytac , the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the appointment of Daniel Farias as Technical Engineer with immediate effect.

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How Retailers Are Transforming Customer Experiences with Data & 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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Coles signals FY23 to be a year of investment and inflation

Inside Retail

With Australians beginning to feel the one-two punch of rising food prices and disrupted supply chains, shopper behaviour is changing, with more customers opting for cheaper, homebrand products, according to CEO Steven Cain. The business unveiled its FY22 performance on Wednesday morning, and said sales and earnings remained flat on a year prior and net profit edged 4.3 per cent higher to $1.04 billion.

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4 Essential Components of an IoT Ecosystem

Parcel Pending

An Internet of Things ( IoT) ecosystem is an interconnected network of smart devices that leverages embedded systems – i.e., sensors, processors, communication hardware – to gather, deliver, and act on data they collect from their environments. The various components of industrial IoT ecosystems – i.e., sensors and actuators, connectivity , IoT cloud , IoT analytics and data management, physical devices and interface – enable consumers, governments, and businesses to connect to their IoT device.

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More than Slurpees: 7-Eleven embraces beach vibes, robots and fashion

Inside Retail

7-Eleven may be known for its Slurpees and speedy service, but it’s also a business that has experimented with Instagrammable new store formats, fun new services and exclusive products. In fact, that’s the reason that it made Inside Retail Asia’s Coolest Retailers list this year. Founded in 1927 in Texas and owned by Japanese retail group Seven & I, 7-Eleven showed the world how convenience in shopping was done.

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How to Choose the Right Outdoor Furniture for Your Restaurant

Mindful Design

Restaurant outdoor areas such as decks or patios are in high demand when the weather gets warmer. With the right outdoor furniture, they can become an extension of your restaurant’s seating area and provide a place for your customers to relax and socialize while enjoying the sun, the fresh air and the views. When shopping […]. The post How to Choose the Right Outdoor Furniture for Your Restaurant appeared first on Mindful Design Consulting.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

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Analysis: Why CX is the Rx for metaverse success

Inside Retail

Barely a day goes by now when the metaverse isn’t making headlines. From wild invention s including tactile gloves, to AR wristband sensors and cybershoes, the metaverse is a show-stopping attention grabber. For some, it’s a dazzling new world of seemingly limitless innovation and opportunity. For others, it’s a confusing and terrifying array of ambiguous concepts and remote, imagined realities.

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Top Flooring Materials to Improve Your Walkways and Floors

Ultra Flex

Enhance Your Space with Our Top Flooring Materials. These days flooring options can seem limitless with so many options on the market. Flooring products have expanded into various materials, including digitally printed carpets and vinyl flooring. If you’re considering digitally printed options, Ultraflex has options for you and will help you find the perfect solution.

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Warner Music Offices by Bean Buro

Retail Design Blog

Heightened sophistication and material finishes give Warner Music’s third office evolution in Hong Kong a complete sense of space, a.

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The Nostalgia Economy

Chutegerdeman

The post The Nostalgia Economy appeared first on Chute Gerdeman.

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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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Domaine Gélinas Distillery Craft Brandy by maubau

Retail Design Blog

The Story Through its artisanal distillery, Domaine Gélinas grants itself a family portrait. Passion, terroir, hard work. A family of.

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Rising star of the week: Natalie Kudiwa, Temple & Webster

Inside Retail

Earlier this year, we launched our first Rising Stars of Retail report in the May issue of Inside Retail Australia ’s quarterly magazine, a special feature highlighting some of the great under-the-radar talent in the industry from a wide range of departments. Each week, we will publish interviews with the inspiring people listed in the feature, where they reveal what motivates them, the work that they’re most proud of and the challenges that they’ve overcome.

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Future LAB Vol. 3 – Fight for the Future by NimitDesign Studio

Retail Design Blog

As one of Bangkok‘s leading shopping destinations, Siam Discovery has a reputation to uphold, and it does so with a.

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Richemont sells controlling stake in Yoox Net-a-Porter, takes US$2.7bn hit

Inside Retail

Luxury fashion group Richemont has sold a controlling stake in loss-making online fashion retailer Yoox Net-a-Porter (YNAP), paving the way for a potential takeover by rival Farfetch in the future. Richemont says it sold a 47.5 per cent stake in the business to Farfetch and a 3.2 per cent stake to Middle East investment firm Symphony Global. The Swiss company bought 95 per cent of YNAP in 2018, and will retain 44.3 per cent – at least for now.

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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.