Wed.May 24, 2023

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Westfield Knox set to open $355 million expansion

Inside Retail

Westfield Knox is set to open its $355 million redevelopment with elevated fashion and lifestyle retail offerings on June 8. The project includes a full-sized NBL basketball court, a nature-inspired outdoor kids’ play space, a 2000sqm library, and a swimming school concept featuring a 25-metre pool along with seating areas for families to dine.

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bloobloom announces new flagship store opening in Covent Garden

Retail Focus

French designer eyewear brand, bloobloom, opens its flagship store at 30 James Street in Covent Garden with Mary Charteris and Simon Murphy DJing at the launch. The store is situated near Apple, Rituals and Tiffany & Co and boasts a spacious 600 sq ft across the ground floor. The independent brand will continue to bring eyewear innovation to consumers across London at affordable prices.

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Japan’s Uniqlo to exit Russia, paving way for sale of business

Inside Retail

Japanese brand Uniqlo has decided to leave Russia after suspending its operation there last year, paving the way for a sale of the business, the Izvestia newspaper cited Russia’s deputy trade minister as saying. Uniqlo owner Fast Retailing suspended the clothing brand’s operations in Russia in March 2022, joining scores of international companies, after Moscow sent troops into Ukraine in what it dubbed a “special military operation” Deputy Minister of Industry and Trade V

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4 Main Problems in the Retail Sector that You Should Know and Deal With

Retail Focus

The retail sector is a unique and diverse business. Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. This article has collected some main problems you can encounter on your way, so read on and be aware. Lack of product availability Product availability is a key factor in retail success.

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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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& Other Stories makes its Australia-New Zealand debut 

Inside Retail

H&M has launched its subsidiary & Other Stories in Australia and New Zealand via an exclusive partnership with the online fashion platform The Iconic. The fashion giant announced the launch in April in its Annual and Sustainability Report, following the launch of sister label Cos online last year. The Iconic carries a curated assortment of & Other Stories’ latest clothing, shoes, and accessories, including dresses, soft tailoring, footwear, and wardrobe basics, with prices ra

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Waitrose launches UK’s first own-brand Fairtrade coconut oil

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Waitrose has launched its new own-label coconut oil, which is both organic and Fairtrade, the first of its kind in the UK. This coconut oil has been produced by the Sonmic Organic and Natural Farmers’ Association (SONFA).

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Flying Tiger Copenhagen’s 2022 global report reveals strongest financial growth in UK and Ireland

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! After a challenging start to 2022 due to high street footfall, Flying Tiger Copenhagen’s 2022 annual report reveals the retailer is back to pre-pandemic revenue figures. Annual global revenue is up 25% compared to the previous year, with UK and Ireland experiencing the largest growth overall at 34%.

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Abercrombie & Fitch delivers ‘exceptional’ first-quarter performance 

Inside Retail

In an increasingly tough market, Abercrombie & Fitch has started its fiscal year on a strong note with group sales up by 2.9 per cent and last year’s loss being transformed into a respectable profit. As a stand-alone set of numbers this is a very solid outcome. However, as it bucks the general direction of the market and stands in marked contrast to the more negative results of many other discretionary retailers, it is an exceptional level of performance.

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Swingers Navy Yard

Retail Design Blog

Following the success of Swingers’ US venues in New York and Washington DC, Zachary Pulman Design Studio were thrilled to.

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David Jones turns 185, celebrates its heritage

Inside Retail

Australian luxury department store David Jones will celebrate its 185th anniversary this year with a week of festivities at its stores nationwide. The retailer opened on May 24, 1838, and claims to be the oldest continuously operating department store in the world, still trading under its original name. To mark the occasion, customers will be treated to a series of pop-up birthday in-store experiences, performances, photo exhibitions and installations along with complimentary Champagne and sweet

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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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5 Creative Lighting Techniques to Enhance Commercial Designs

Mindful Design

You only have to step outside and watch how the mood changes as the light shifts throughout the day to realize that the same rule applies inside. Lighting can make or break the vibe in a commercial space, and business owners need to pay attention to how they use its power. Aiming for more than […] The post 5 Creative Lighting Techniques to Enhance Commercial Designs appeared first on Mindful Design Consulting.

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What the proposed buy now, pay later regulations mean for Aussie retail

Inside Retail

Many retailers have become accustomed to using Buy Now Pay Later (BNPL) services to capture customer spend, with the option being particularly popular among younger Australians who are bearing the brunt of cost of living pressures. But, with the federal government set to introduce regulation by placing BNPL providers under the Credit Act, retailers and providers will have to navigate new conditions to abide by the new framework.

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Keeping it Real (Estate): FTC Secures First Monetary Settlement Against Celebrity Endorsers

Hunton Andrews Kurth

On May 22, 2023, the Federal Trade Commission (FTC) announced its first monetary settlement with celebrity endorsers for a combined $1.7 million. The complaint filed by the FTC and the Utah Division of Consumer Protection (DCP) against Response Marketing Group, LLC and its principals, also named two real estate celebrities as defendants—Scott Yancey, star of the home-flipping show Flipping Vegas on A&E, and Dean R.

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Why Bunnings is exploring a four-day work week

Inside Retail

Ever since the Covid-19 pandemic upended the traditional ways of working, and employees the world over pushed against business-as-usual, the concept of the four-day work week has been a heated topic of discussion. Positioned as a means of improving work-life balance and productivity, the four -day work week has been trialled around the world, and the results have so far been largely positive.

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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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Global Pet Expo 2024 Dates 

Trade Show Booth Companies - Trade Group

ORLANDO, FL– Global Pet Expo is returning March of 2024 at the Orange County Convention Center in Orlando, Florida. The official dates for Global Pet Expo are March 20 th – 22 nd , 2024. Global Pet Expo is the primary pet industry event put on by the Pet Industry Distributors Association (PIDA) and American Pet Products Association (APPA). Opportunities abound for exhibitors to showcase their latest groundbreaking pet products.

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Cloudinary tips five considerations for future-proofing retailers’ mobile strategy

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! By Adi Mizrahi, senior mobile developer, Cloudinary Whether in the park, a coffee shop or on the train, most people can be found staring at their mobile screens. According to the State of Mobile in 2022 report, people spent a staggering 3.8 trillion hours on their mobile phones in 2021.

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Redefining Fun: Experiential and Active Leisure Trends

Chutegerdeman

The post Redefining Fun: Experiential and Active Leisure Trends appeared first on Chute Gerdeman.

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Grocery sees £218m royal sales bump as inflation inches down, Kantar reports

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Like-for-like grocery price inflation has fallen for the second month in a row and now sits at 17.2% for the four weeks to 14 May 2023, according to the latest data from Kantar. Take-home grocery sales rose by 10.8% over the month in comparison with the same period last year.

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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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How To Navigate The Generation Gap with Relationship Marketing

RetailMinded

When it comes to marketing to a mass audience, there’s no such thing as one-size-fits-all. This is particularly true when taking into consideration generational differences. From how we use technology, to how we interact with brands, to what motivates us to buy, different age groups have different preferences. Whether brands recognize these differences, and how they respond to them, can make or break a marketing campaign.

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Poor weather drags down Kingfisher’s sales, says GlobalData

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of Kingfisher’s figures for the three months ending 30th April 2023; Jamel Boughedda, Retail Analyst at GlobalData, a leading data and analytics company, offers his view: “Kingfisher’s sales fell marginally by 2.0% on a constant currency basis to £3.3bn in its Q1 FY2023/24, while like-for-like (l-f-l) sales fell by 3.3%, due to

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Seventy per cent of UK retailers struggle to meet targets of digital transformation, study shows

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! New research from Expleo, the global engineering, technology and consulting service provider, shows that a talent drought and heightened salary expectations are threatening business transformation plans for half of UK organisations.

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Sixty nine per cent of UK shoppers blame the cost-of-living for poor product availability, according to Pricer’s research

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Consumers are laying the blame of in-store shelf gaps at the impact of the cost-of-living crisis, according to the latest research from Pricer, the world’s most trusted provider of shelf edge automation and communication solutions.

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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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ASOS’ partnership with Hirestreet will help boost its sustainability credentials, says GlobalData

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following this week’s news that ASOS has partnered with rental platform Hirestreet; Alice Price, apparel analyst at GlobalData, offers her view: “ASOS’ rental partnership with Hirestreet is a smart move for the fashion giant, as its expansive occasionwear offering is unrivalled, making it a strong candidate to win within the rental market.

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IGD forecasts indicate food price inflation has peaked

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! ONS inflation data released today shows that UK food and drink prices in April 2023 were up +19.0% year-on-year, by the CPI method inflicting ongoing hardship on households. This broadly aligns to IGD’s forecast and may indicate that food price inflation has peaked – the rate in March was +19.1%, so the new data indicates a […] If you want more inf

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M&S outperforms as sustainable growth plan delivers, says GlobalData

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of M&S’s figures for the year ending 1st April 2023; Eleanor Simpson-Gould, senior retail analyst at GlobalData, a leading data and analytics company, offers her view: “M&S’s revitalised business strategy is proving effective just one year in, with end of year results highlighting renewed sales and customer engagement ac