Tue.May 07, 2024

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Supermarket inquiry recommends laws against price gouging, land banking

Inside Retail

Supermarkets would be prohibited from price gouging and face stricter rules on land banking, should the government adopt the recommendations of the Senate Select Committee on Supermarket Prices. The committee published 14 recommendations, which include creating divestiture powers specific to the supermarket sector and prohibiting the charging of excess prices, otherwise known as price gouging.

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The Beauty of Natural Light: How to Enhance Your Home with the Right Windows

Retail Focus

Natural light can transform your home, making spaces appear larger, fresher, and more welcoming. But to truly harness the power of the sun, you need to select the right windows. This article explores how you can enhance your living space by making smart choices with your window designs and placements. Understanding Natural Light Natural light is not just about brightening up your home.

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Why retailers are replacing staff with AI bots. Hint: it’s all about the data

Inside Retail

You might have seen viral videos of Wendy’s drive-thru customers in the United States ordering their fast food from the firm’s generative AI bot Wendy’s FreshAI. Most show a very human-like transaction punctuated with cries of amazement at how fast, accurate and polite the system is. While the system and others like it are in their infancy, and some still rely heavily on human assistance , retailers are investing huge sums in AI to replace human workers.

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The Significant Considerations to Make While Evaluating New Boilers Costs

Retail Focus

The Initial Investment in New Boilers The journey to purchasing a new boiler is one that involves careful consideration of both the immediate financial outlay and the long-term value. The cost of a new boiler encompasses various elements, from the initial purchase to installation, and the ongoing implications on household energy bills. Initial Outlay and Installation Charges The starting point for any boiler replacement is the cost of the boiler itself.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: David Nisbet, 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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Crocs books higher revenue, names new EVP and CFO

Inside Retail

Crocs continues to log stellar sales growth, although the company admits its secondary brand, HeyDude, is performing well below its potential. The company saw first-quarter net income increase 1.9 per cent year over year to $152.5 million as revenue rose 6 per cent to $939 million. The Crocs brand’s revenue climbed 14.6 per cent to $744 million, with North American revenue jumping 9 per cent to $383 million and international revenue soaring 21.3 per cent to $361 million.

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Unlocking Success: The Power of Incentive Travel Programs for Employee Motivation

Retail Focus

Incentive travel is a reward system designed to motivate and acknowledge employees for their hard work and achievements. Typically, these are not standard holiday packages but bespoke experiences that align with the company’s values and the recipient’s preferences. From exploring new cultures in distant lands to luxurious retreats in serene locations, the primary goal is to provide unforgettable experiences that fuel motivation and foster loyalty.

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Pizza 4P’s Lotte Mall West Lake by ODDO architects

Retail Design Blog

The architectural design of Pizza 4P’s restaurant project exemplifies a fusion of traditional craftsmanship, modern design, and sustainability principles within.

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Why contextual targeting is the future of digital advertising

Inside Retail

The web is a very different place now than it was 30 years ago when I first went online. Google hadn’t been founded, Mark Zuckerberg was only 10, and Digital Display Ads (or “banner ads” as we called them back then) had only just been invented. To place an ad, you’d contact the website directly, negotiate a deal, and send them the ad file.

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Bluehaus designs ergonomic and inviting interiors for Credit Suisse’s new Riyadh office

Design Middleeast

Credit Suisse Riyadh office by Bluehaus Spanning 19,160 sqft , Bluehaus ‘ designs’ ‘ new space embodies sophistication and functionality catering to multiple work scenarios Renowned for their innovative approach to corporate spaces, Bluehaus has yet again set a benchmark with the design of Credit Suisse’s new Riyadh office. Spanning 19,160 sqft across three floors, the office space is a harmony of modern design and warm accents, delivering an ergonomic environment that elevate

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Lifestyle products and services: How to harness Asia’s silver economy

Inside Retail

From May 6-10 an event called the World Ageing Festival is at the Marina Bay Sands in Singapore. It sounds a bit wacky but it signifies a trend to which retailers should be paying a lot of attention. It will include a conference with more than 100 speakers and exhibitors, bringing together professionals from more than 50 countries who in one way or another are in the ‘business of ageing’ or the ‘ageing industry’ – or as it is now popularly known, the ‘silver economy’.

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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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LEON launches gluten-free frozen range into Morrisons

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Naturally Fast Food brand LEON Grocery is proud to announce the launch of its gluten-free frozen range – GFC Nuggets (£4), Waffle Fries (£2.85) and Garlic & Herb Waffle Fries (£2.85) – into Morrisons from 21st May 2024.

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How Chinese jewellery giant Lukfook aims to become a global brand

Inside Retail

In a glamorous unveiling that brought a touch of sparkle to Kuala Lumpur, Chinese jewellery retailer Lukfook Group recently marked a significant milestone in its international expansion strategy with its first Lukfook Joaillerie boutique in Malaysia. Situated in the TRX district, a hub for both finance and fashion, the new store aims to blend luxury with cultural flair, targeting the affluent consumer base of Southeast Asia.

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WEF and Kearney: just 14% of manufacturers redesigning to reduce scope 3 emissions

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The World Economic Forum, in collaboration with global consultancy Kearney, has released a new White Paper exploring the actions manufacturing leaders are taking to redesign their global value chains along key trends that are reshaping those and transforming manufacturing systems.

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ALEC acquires stake in INPROSERV Middle East

Design Middleeast

ALEC’s share in INPROSERV Middle East boosts its capacity to sustain the long-term performance of built assets In a move that furthers its position and capabilities as a leader in construction related businesses in the Middle East and Africa, ALEC today announced the incorporation of INPROSERV, a leader in built asset maintenance services, into the Group.

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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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Carpetright announces restructure to better support regional stores and digital plans

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Carpetright has today announced restructuring plans across a number of departments to better support regional stores and digital plans over the next 12 months and beyond. A staff reduction of just over 25 percent will affect the company’s central support centre and field management teams leading to approximately 70 job losses.

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8 Tips on Stocking and Displaying Your New Product Line in Retail

Retail Bound

Launching your product in-store with retailers can be an exciting and nerve-wracking experience. You’ve put in countless hours of hard work, from developing your product to creating an eye-catching packaging design. Now it’s time to show it off to the world. But before you get too caught up in the excitement, it’s important to make sure your product is stocked and displayed properly for a successful launch.

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CRAVE sows the seeds of the future with nut-free spread made from sunflower seeds

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! RAVE, the renowned free-from food brand, is launching its new peanut free creation: P’Not Butter (200g, RRP £4) into Sainsbury’s and ASDA across the UK, allowing everyone to indulge in the more-ish nutty flavours they crave.

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ARA, NRA announce merger plan

Inside Retail

The Australian Retailers Association and the National Retail Association have finally signed a heads of agreement on a proposal to merge, a plan that was called off in 2019. The amalgamation of Australia’s top two retail lobby groups will result in a single unified body representing the $420 billion sector. “It makes absolute sense to create one voice for retail and to combine our strengths to support the growth of this vital sector, which employs one in 10 Australians,” said N

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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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Popcorn Shed celebrates Pride month with colourful flavours and gifts

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Popcorn Shed, the innovative gourmet popcorn company known for its bold flavours and vibrant packaging, is proud to be celebrating LGBTQ Pride Month with their most colourful popcorn creations. Inspired by the diversity and vibrancy of the LGBTQ community, Popcorn Shed’s vibrant Rainbow and Unicorn gourmet flavours represent the spirit of inclusivity and

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8 Automotive Trade Show Booth Ideas 

Trade Show Booth Companies - Trade Group

The automotive industry is one of the largest in the world, and so many unique and creative options are produced every single day. It’s also one of the hardest places to find your footing. You might be asking yourself these kinds of questions… How do I stand out in a market saturated with products and services? How do I make a long-lasting impression in this massive industry?

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John Lewis to stock award-winning British e-bike brand VOLT

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! John Lewis, the UK’s largest department store, will stock the UK’s leading e-bike brand, VOLT from today. The retailer will have four models from VOLT’s award-winning range of e-bikes on its online store, to get even more riders into the saddle.

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STIMULATE Debuts STIMULATE+Conversations Live Featuring Dr. Amy Pearlman in Florida

RetailMinded

STIMULATE , the nation’s only sexual wellness trade show and conference held annually each summer, debuted their first STIMULATE+Conversations Live experience in Coral Gables, Florida. Held at the Prime Institute , a leading medical center founded by Dr. Michelle Pearlman and Dr. Amy Pearlman, the evening welcomed discussions surrounding both the importance of sexual wellness care and sexual wellness business support.

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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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Johnstons of Elgin achieves King’s Award for Enterprise

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Johnstons of Elgin has been honoured with a prestigious King’s Award for Enterprise. Announced today, Johnstons of Elgin is one of 252 organisations nationally to be receive an award and has been recognised for its excellence in International Trade.

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Perfetti Van Melle introduces new sharing pack from Britain’s number 1 lollipop brand, Chupa Chups

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The world’s second-largest confectionery manufacturer, Perfetti Van Melle, is introducing a new sharing pack from Britain’s number 1 lollipop brand, Chupa Chups: the Mini Lollipop Bag. Offering a selection of 30 mini lollipops in four fan-favourite flavours, it lands just in time to add some sweetness to upcoming spring and summer parties and holidays an

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Average Brit left waiting almost five days for deliveries, study shows

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following recent unprecedented delivery and parcel disruptions affecting consumers up and down the country, Shipup, the post-purchase experts, has found that the average order delivery is 4.5 days – or 107 hours, with the quickest UK city almost one day faster than the slowest.

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Zalando boosts quality assortment, grows lifestyle offering, elevates inspiration and wins more B2B partners

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Zalando delivered growth and improved profitability in the first quarter as it boosted the quality of its assortment, saw strong growth in its lifestyle offerings, made the customer experience more inspirational and added more logistics partners.

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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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Mindful Chef: honoured with a King’s Award for Enterprise and Sustainable Development

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Mindful Chef, the UK’s highest-rated recipe box (Source: Trustpilot), has today been recognised for its excellence in Sustainable Development with a King’s Award for Enterprise, the most prestigious business award in the country.

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Retailers highlight ongoing impact of abuse in #ShopKind Week

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Leading high street retailers, the Home Office and industry groups are coming together to support #ShopKind Week, taking place from 6th – 10th May 2024. The #ShopKind campaign aims to remind customers about the importance of being considerate to shopworkers and each other.

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The Fragrance Shop reports year of strong growth

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! It’s been a record-breaking year for The Fragrance Shop as it opened its flagship store on Oxford Street in November, launched the UK’s first AI scent creation machine, Every Human, and expanded its retail portfolio with 13 new stores.

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Barclays: spending on restaurants and retail slows in April but consumer confidence in household finances reaches 28-month high

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Consumer card spending slowed to 1.6% growth in April, down from 1.9% in both March and February, and below the latest CPIH inflation rate of 3.8%. While consumer confidence in household finances rose to its highest level in over three years, a slowdown in food price inflation and cutbacks on food and drink led to […] If you want more information R

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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