Inside Retail

AUGUST 29, 2022

Department store Myer has announced it will close its Frankston store in Victoria. . The retailer says it wants to divert resources to its rapidly growing online business and develop stores near the Frankston location, such as Southland, Chadstone, and Fountain Gate. “Today’s decision continues to deliver against our Customer First Plan where we will continue to make targeted improvements to our store network, reduce space and improve the overall offer for our loyal customers,” said John King, C

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Trade Show Booth Companies - Trade Group

AUGUST 29, 2022

Most entrepreneurs understand that one big idea can make all the difference. A clear, compelling goal has the power to inspire your team and set you up as an industry leader. But you may be wondering, what’s stopping me from being more creative? . The problem is anxiety gets in the way of finding that one big idea. Anxiety can act as an emotional barrier that blocks our ability to be creative, to get stronger, and to be active instead of reactive.

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Inside Retail

AUGUST 29, 2022

Retail spending surged 16.5 per cent in July year-on-year as consumers spent $34.7 billion in-store and online, according to the Australian Bureau of Statistics (ABS). By month, spending was up by 1.3 per cent, the largest month-on-month rise in four months. However, Australian Retailers Association CEO Paul Zahra cautioned that on-year comparisons were impacted by the Covid-19 Delta lockdowns when businesses in NSW and Victoria were severely restricted. “July sales for clothing, footwear

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Hunton Andrews Kurth

AUGUST 29, 2022

On August 23, 2022, the Federal Trade Commission announced it is seeking additional public comment on “how children are affected by digital advertising and marketing messages that may blur the line between ads and entertainment” in conjunction with its “Protecting Kids from Stealth Advertising in Digital Media” event on October 19, 2022. The event will focus on manipulative marketing practices targeted towards children, particularly those related to influencer marketing and online games.

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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.

Inside Retail

AUGUST 29, 2022

A “strong” second-half performance has rescued Best & Less Group’s bottom line after the company lost 10.8 per cent of its trading days to Covid restrictions during the first half of the trading year. For the year to June 30, revenue fell 6.2 per cent to $622.2 million while tax-paid profit declined 12.6 per cent to $41.1 million. Like-for-like sales fell 0.7 per cent, however online sales rose 15.6 per cent to $69.7 million – contributing 11.3 per cent of all sales.

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RetailMinded

AUGUST 29, 2022

Retail revenue management primarily aims at selling the appropriate product to the right customer at the right time for the right price. With the stiff competition in the business sector, you must master all these aspects. Otherwise, your venture won’t be profitable. Here are four tips to effectively manage and optimize retail revenue: . Embrace Technology.

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Compliantia

AUGUST 29, 2022

The furniture store industry has grown 1.7% per year on average since 2017 and currently stands at a market size of $75.7 billion. The market is extremely competitive, and one of the ways you can ring up more sales is by making your furniture showroom easy to navigate. . If you can help customers find what they’re looking for easily, or help them discover interesting pieces without any hindrances, it will greatly improve the customer experience.

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Inside Retail

AUGUST 29, 2022

Despite losing the equivalent of 10,020 store trading days, jewellery retailer Michael Hill International says revenue increased 7 per cent to A$595.2 million for the year to June 26. Same-store sales were up 8 per cent overall, by 11.3 per cent in Canada, 8.9 per cent in New Zealand and 4.2 per cent in Australia. Tax-paid profit rose 13.9 per cent to $46.7 million.

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Eye on ESG

AUGUST 29, 2022

On 17 August 2022, the Federal Office for Economic Affairs and Export Control (Bundesamt für Wirtschaft und Ausfuhrkontrolle, “ BAFA ”) has issued its first handout to provide guidance to companies currently implementing a risk management system to comply with the German Supply Chain Due Diligence Act (“ SCDDA ”). The document is aptly titled “Identifying, Weighing, and Prioritizing Risks” – as this is essentially what the risk analysis needs to do.

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Inside Retail

AUGUST 29, 2022

As a child growing up in Hong Kong, New Zealander Jackie Ashley was smitten with the sensorial experience of the city’s streets – the eclectic mix of burning incense, tea houses, flower shops and street food vendors. The rich cultural experience sparked her interest in perfumes, and when she returned to New Zealand to live with her family, it would evolve into a passion that sparked what is now a cross-border contemporary scent brand, fittingly named Ashley & Co.

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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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Design Wanted

AUGUST 29, 2022

Designed in a collaboration between Swiss industrial design studio BIG-GAME, Japanese woodworking specialists Karimoku New Standard and work seating manufacturer Giroflex – ‘Giroflex 150’ is a […]. The post Meet this chair oozing with dynamism and comfort appeared first on DesignWanted.

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Inside Retail

AUGUST 29, 2022

Australian retail sales reached a record high in the last three months of 2021. This was due to relaxed virus restrictions and end-of-year holiday shopping, which underpins a robust economic recovery. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales. This was after a sharp decline in the previous period when two of the most populous states in the country were under lockdown.

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Retail Design Blog

AUGUST 29, 2022

An iconic lager such as Jupiler would be a dream client for any designer. So I started working on a.

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Retail Design Blog

AUGUST 29, 2022

Chybik + Kristof Architects’ structure for Czech brand Manifesto Market raises new possibilities for sustainable public space activations. Key features.

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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.

Strategy

Retail Design Blog

AUGUST 29, 2022

Sophistication meets mountain aesthetic in the design of Mountaingate Capital’s office in Denver, a free flowing space to accommodate the.

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Retail Design Blog

AUGUST 29, 2022

Inner Signal’s sincerity embodies the technology, its philosophy which is health, and its effect which is livelihood come together and.

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Retail Design Blog

AUGUST 29, 2022

The demise of downtown Detroit is officially over. We’re talking the much-publicised arrival of Gucci‘s new flagship store on Library.

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Retail Design Blog

AUGUST 29, 2022

Grand Emily Hotel is part of the new Emily Resort in Vynnyky town near Lviv. The large-scale installation with the.

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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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