Mon.Nov 27, 2023

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Retailers hope sales recover at Christmas after slow October growth

Inside Retail

Retailers are hoping the Reserve Bank of Australia (RBA) will hold interest rates as they look toward a recovery in Christmas after experiencing minimal sales growth in October, driven by food-related purchases. Australian Bureau of Statistics (ABS) data showed that retail turnover amounted to $35.77 billion during the month, up 1.2 per cent from the year-ago period.

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Thinking outside the box with visual merchandising

Retail Focus

Retailers have been using visual merchandising to appeal to and connect with shoppers for many years now. Be this simply placing items from a new range of clothes on a group of mannequins or coming up with a creative and colourful window display to draw in those passing by, visual merchandising plays a key role in many retail strategies. The primary challenge for retailers in the current market is how to evolve these tried and tested methods to appeal more to modern shoppers.

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Adore Beauty rebuffs takeover offer from UK e-commerce group THG

Inside Retail

Pureplay online beauty retailer Adore Beauty has refused a proposal to take over its business from UK-based e-commerce group THG, stating it “undervalued” the company. Adore Beauty confirms THG had offered to acquire 100 per cent of the shares of the company by way of a scheme of arrangement for $1.25-$1.30 cash per share. The company’s board of directors has reviewed the proposal, which was subject to conditions including due diligence, with the assistance of its financial and legal advisors.

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Ideal Standard displayed design innovation and knowledge exchange at Dubai Design Week 2023

Design Middleeast

Ideal Standard recently participated in Dubai Design Week 2023, the region’s premier design event hosted in Dubai Design District from November 8th to 11th. The brand’s participation showcased an unwavering commitment to design excellence, presenting a captivating booth-in-booth concept at the Downtown Design Fair and engaging in insightful panel discussions led by Ideal Standard Chief Design Officer Roberto Palomba, an esteemed Italian architect renowned for his visionary contributions.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

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.

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With new store, Nere seeks to elevate travel for the mass market

Inside Retail

Australian luggage brand Nere is anticipating strong sales this holiday season, thanks to the ongoing travel boom, growing appeal of practical gifts like suitcases, and high-profile location of its first stand-alone store, which opened in November. Located on the ground floor of Melbourne Central, the store carries Nere-branded suitcases, soft-sided bags, packing cubes, toiletry kits, luggage tags, water bottles and other accessories that shoppers can mix and match in various colours to create t

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The Very Group selects AWS to transform the shopping experience with generative AI

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The Very Group (‘Very’), a leading UK online retailer, today announced an expanded collaboration with Amazon Web Services (AWS) to accelerate retail innovation with generative AI. As part of the collaboration, Very will launch a new Gen AI Innovation Lab powered by generative AI, machine learning, and storage capabilities to deliver interactive and perso

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The Perfume Shop launches UK’s first new multi brand fragrance refill station

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The Perfume Shop is launching the UK’s first new cutting-edge multi brand fragrance refill station, alongside the world leaders in beauty, L’Oréal on Monday 27th November in Nottingham! Please see full release below and attached.

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‘Crises drive innovation’: ARA CEO talks strategies for Australian retailers

Inside Retail

While Australian retail’s annual peak season may have dawned, “a perfect storm of challenges” has created an extremely difficult time for retailers who are facing higher overheads and falling spending as consumers adapt to the cost of living crisis. However Paul Zahra, CEO of the Australian Retailers Association, still sees room for optimism despite the current climate.

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Not only an awards ceremony– Blending classical elegance with innovation

Design Wanted

Beyond being a remarkable awards ceremony, the 2023 Kyoto Global Design Awards night served as a gathering of creative minds from all corners of the world, […] The post Not only an awards ceremony– Blending classical elegance with innovation appeared first on DesignWanted.

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ATO clarifies rules over GST on compression socks

Inside Retail

Compression socks suppliers, manufacturers, and retailers should classify the product correctly, the Australian Taxation Office (ATO) urged. The ATO clarified that goods and services tax (GST) applies to compression socks used by the general community to prevent illness or disability or prevent legs and feet from getting tired or swollen. If business owners have classified general-purpose compression socks and travel socks as GST-free in good faith, there will be no sanctions for tax periods up

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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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New Balance launches premium retail offering in Westfield White City in London

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! With the opening of its new location at Westfield White City in London, UK on November 27, 2023, New Balance launches its second UK store to feature a fresh retail concept built to put people, not products, at the center of the consumer experience.

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Decathlon to buy German online retailer Bergfreunde

Inside Retail

French-headquartered global sports retail group Decathlon has agreed to acquire Bergfreunde, a pure-play online retailer of mountaineering and climbing equipment. With the acquisition, German-headquartered Bergfreunde is expected to reach new customers in the outdoor-premium market segment through a fully digital business model, expanding its footprint in Europe. “This strategic partnership will enable Decathlon to strengthen our global outdoor offering with a recognised and valued premium

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What is PDQ and Why It's Important for Retailers

Scrube

You don’t often hear the term PDQ in the real world, but this acronym for ‘Product Displayed Quickly’ is often used in the merchandising universe. It’s mainly referring to pop-up displays and when they should be used within your store. Pop-up displays are great to give maximum visibility to new products and are always placed with the best accessibility for shoppers.

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Evolutions: A New Real Estate Intelligence Hub Joins Dubai’s Market

Design Middleeast

Bayari Investments, a powerhouse holding company in Dubai, is proud to announce the launch of a real estate intelligence hub that combines a concept store, 360-degree consultancy, and a global network of industry experts. From reimagining concepts to materializing properties, Evolutions is set to bring in a new era of innovation and expertise in development.

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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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MRI Software: footfall surges +7.9% over Black Friday week

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The latest insights from retail analysts MRI Software (previously Springboard), show the Black Friday week offered optimism for UK retail destinations this Golden Quarter. Across all UK retail destinations, footfall jumped by +7.9% against the week previous, providing retailers with a much needed boost.

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Huboo to dispatch 30,000 medals to UK schools as part of Aldi Medal Challenge

E Delevry

Bristol-based ecommerce fulfilment provider Huboo has partnered with active lifestyle charity The Brownlee Foundation , and will be enable its UK-wide 2024 Aldi Medal Challenge. The Brownlee Foundation was founded by Olympic triathletes Alistair and Jonny Brownlee, with the aim of inspiring children from all backgrounds to enjoy sport, lead active lifestyles and benefit from the opportunities provided by regular sport and exercise.

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Burger King® UK announces new ‘Hijacking Christmas’ campaign

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Burger King® UK aims to cut through the busiest time of year by subverting two of the biggest festive traditions, in its latest campaign – ‘Hijacking Christmas’. Burger King®’s ‘hijack’ takes on two of the biggest icons of the season: Santa Claus and Christmas songs.

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NINJA CLUB 2.0

Retail Design Blog

Since the opening of NINJA CLUB in 2021, it has welcomed many young people passionate about hip-hop culture and most.

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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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Trigo: how retailers can use autonomous retail technology to reduce shoplifting

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! With shoplifting currently hitting unprecedented levels, Guy Yair, chief business officer at computer vision technology company, Trigo, looks at how breakthrough technology advances could help retailers to not only tackle the issue of the day, but also provide the means to address the wider aspects of shrinkage The epidemic levels that shoplifting has re

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American Express: the influence of payments on customer loyalty

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! By Dan Edelman, vice president and UK general manager, Merchant Services at American Express The way we search for, and purchase products has evolved significantly over the last decade, thanks to the influence of social media, and the freedom and power that cards and technology have enabled.

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Create the ultimate easy feast with COOK’s festive range

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! COOK’s festive range is here to give you the gift of time this Christmas. With delicious meals made to taste homemade, hosting the perfect feast is effortless. Whether you’re envisioning a formal dinner, a relaxed “bowl food” gathering, or a lively buffet, COOK Christmas has got you covered.

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Blakely reports soaring YOY revenue, as shoppers look to “buy better”

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The year so far has been challenging for many in the fashion retail sector, with ASOS recently announcing a long-term sales slump and highstreet retailers feeling the pinch of a spending decline driven by the cost of living crisis.

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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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What can retailers learn from the online casino industry?

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The UK has the biggest regulated online casino market in the world. This industry has been so successful due to its marketing, as well as its transparency and willingness to embrace new technologies. The success rate of online gambling sites doesn’t look to be diminishing any time soon.