Tue.Jan 24, 2023

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As sales soar, Mosaic Brands plans 130 more stores

Inside Retail

Trans-Tasman apparel retailer Mosaic Brands is set to open 130 new stores as customers return to in-store shopping. Mosaic Group’s brands include Katies, Millers, Noni B, Rivers, Rockmans, Crossroads, Autograph, W.Lane, EziBuy and Beme. According to unaudited accounts for the half year to January 1, sales grew 23 per cent driven by strong trading momentum and a higher average transaction value.

Planning 246
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What retail investors should expect in 2023

Retail Focus

The Bank of England has predicted that the United Kingdom is falling into a prolonged recession, with inflation not expected to return to its target level of 2% until 2024. Here we will discuss the retail sector outlook this year and what investors should expect. Retail Conditions Inflation in the UK currently sits around 10%, the highest rate in 40 years.

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Dusk CEO Peter King resigns, sparking transition plan

Inside Retail

Dusk CEO and MD Peter King will step down from his position, after almost nine years working for the retailer. King will continue to oversee the company until August, at which point Dusk expects to have appointed a new CEO. Dusk’s chairman, John Joyce, said King has developed an “excellent” exclusive team and has made an “invaluable” contribution since 2014.

Planning 246
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The Secret Formula To Determine How (And How Often) Your Employees Should Work In The Office

All Work

Organizations tend to take a virtual-first, function-first or culture-first approach to hybrid working. Visioning workshops and ecosystem mapping can help employers figure out their approach and refine it. Office space utilization can help make or break an organization’s bottom line and its ability to retain talent. Hybrid working has become much more common for desk-based businesses, but how does a business owner know if their employees are happy with the arrangement?

Strategy 102
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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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How inventory mistakes hampered City Chic’s half-year earnings

Inside Retail

To what extent can City Chic’s half-year results be attributed to external trends and changes in consumer behaviour? As reported by Inside Retail , the plus-sized womenswear retailer recorded a sales dip of about eight per cent to $168.6 million. Online sales fell by 21 per cent, while sales dropped by three, four and 14 per cent across Australia and New Zealand, Europe and the Americas respectively.

Promotion 130
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Amazon Fresh checkout-free c-store opens in Croydon following Dalston closure

Talking Retail

Following the news that Amazon Fresh had closed its Dalston, London location at the weekend, less than 18 months after opening it, a new checkout-free Amazon Fresh c-store opened today (24 January) in Croydon, London. The new store at Unit 1, Ruskin Square is open from 7:00 am to 11:00 pm, seven days a week.

More Trending

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Krispy Kreme Rebuilding at Atlanta Site Leveled by Arson

VMS

Krispy Kreme (Charlotte, N.C.) and its partner, Shaquille O’Neal, announced that construction is underway on an all-new doughnut shop on the site of its former Ponce de Leon location in Atlanta. The new store is being built where the original shop stood for nearly six decades before being destroyed by arson in 2021. The new, 4000-square-foot Hot Light Shop is slated to open this summer.

Light 95
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Solid Christmas trading failed to offset slow summer start for Best & Less

Inside Retail

Poor consumer demand and falling foot traffic dented Best & Less Group’s first-half profits. In a trading update of unaudited figures for the 26 weeks to January 1, the company said its sales improved 13 per cent to $324.8 million, driven by positive trading momentum through the Black Friday and Christmas trading periods. However, tax-paid profit for the half fell 31.8 per cent to $13.7 million while like-for-like sales were down 4.9 per cent and online sales fell 29.8 per cent.

Strategy 130
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Old Navy Shutters Loop Locale

VMS

Old Navy is closing its State Street store in Chicago’s Loop, the Chicago Sun-Times reports. The closure, effective today (Jan. 24), is a setback for a downtown shopping district that has generally held its own despite rising crime and fewer workers coming into their offices since the pandemic, the newspaper reports. “We regularly and thoughtfully review our real estate to support the best path forward for our brand and Gap Inc.

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Accent Group reports improved sales across all its brands

Inside Retail

Positive trading conditions boosted sales for multi-brand apparel retailer Accent Group in its December half. The company owns and operates brands including Platypus, The Athlete’s Foot, Subtype, The Trybe, HypeDC, Pivot and 4 Workers, and distributes global labels including Dr Martens, Skechers, Vans and Merrell. In a trading update of unaudited accounts for the 27 weeks to January 1, the business says sales grew 39 per cent to $825 million while earnings before tax are expected to be in the ra

Apparel 130
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From Data to Decisions: Maximizing Retail Potential with 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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Adding Six More Dispensaries, Green Dragon Catching Fire in Florida

VMS

Green Dragon and app-based delivery marketplace Eaze of San Francisco, announced the opening of six new Florida medical dispensaries this week. Green Dragon, a multi-state cannabis operator, launched in 2009 in Denver. In January 2022, Green Dragon merged with Eaze, using the online marketplace to grow its retail footprint nationally. Green Dragon now has 20 medical marijuana dispensaries across the state, continuing its expansion into the Florida market.

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Technology, trends and key takeaways from NRF’s Big Show

Inside Retail

After so much Covid-19 disruption and damage, the National Retail Federation’s (NRF) Big Show returned to the Big Apple with an equally big bang last week. Retailers big and small from around the world, including Australia, came together after a two-year hiatus to hear from the sector’s biggest changemakers, experience the latest innovations, and be inspired by the latest trends, technologies and strategies that will shape the future of retail.

Curate 130
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Making Sense of Retail: Part II

VMS

This is Part II in a three-part series. For Part I, please click here. Research Findings Scoring The BHDP team examined the respondent data to identify which collages elicited positive feelings (calm, satisfied, excited, relaxed, fulfilled, stimulated or energized) and which elicited negative feelings (anxious, overwhelmed, unimpressed, bored, drained, frustrated or disappointed).

Color 84
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What to learn from Kmart’s “kind and inclusive” approach to Australia Day

Inside Retail

Kmart Australia has been both warmly praised and loudly criticised for its decision not to sell any Australia Day-themed merchandise, after a customer called out the retailer on Facebook last week, asking it to “please explain” why it did not have any Australia Day-themed clothing or decorations in its Penrith store. The retailer’s response – that 26 January means different things to different people and that it aims to foster an environment that is inclusive and respectful of both its customers

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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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Old Navy Shutters Chicago Flagship

VMS

Old Navy is closing its State Street flagship in Chicago’s Loop, the Chicago Sun-Times reports. The closure, effective today (Jan. 24), is a setback for a downtown shopping district that has generally held its own despite rising crime and fewer workers coming into their offices since the pandemic, the newspaper reports. “We regularly and thoughtfully review our real estate to support the best path forward for our brand and Gap Inc.

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Cadbury relaunches Easter shell-eggs and announces two new eggs

Talking Retail

Cadbury has announced a relaunch and repositioning of its Easter eggs this year, which will see its full Easter shell-egg range divided into three distinct categories. The new categories include Surprise & Delight, Traditional Gift and Special Gesture, which the confectionery brand said have been designed to make the positioning of each pack clearer for.

Gifts 64
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Liberty, London

Retail Store Windows

It has been quite a while since we've seen a joy filled scheme and this one just made us smile. This is also a huge departure from what this brand would normally do and great to see a new direction happening (although we did love how they curated their products previously). These wonderful, inflatables (we're guessing) covered in their signature fabrics fill the windows at this stunning store.

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Julie Cerino New Midwest & Great Lakes Territory Manager

Ultra Flex

Riverview, FL – Ultraflex Systems is pleased to announce Julie Cerino as our new Midwestern & Great Lakes Territory Sales Manager. Julie brings over twenty years of Wide-Format industry experience, specializing in sales and account management in the Digital Printing, Graphics, and Display markets. Julie’s boundless energy, extensive industry knowledge, and innate passion for finding customer solutions will prove instrumental to Ultraflex’s continued success in the Midwest m

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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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Official Location and Dates for NRF 2024 

Trade Show Booth Companies - Trade Group

NEW YORK CITY, NY— The National Retail Federation (NRF) Show is returning to Jacob K. Javits Convention Center in New York City, NY. The official dates for NRF 2024 are Jan. 14 th – 16 th. Read below for helpful marketing insights, from reserving the best booth location to measuring ROI. NRF is the largest retail federation in the world. The 2023 edition highlighted continuing tech trends in the retail space, such as AI robotics, speedier and more user-friendly check-out systems, and e-commerce

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3 Ways Brands Can Positively Approach 2023 Despite Inflation Challenges

RetailMinded

The day-to-day life of consumers varies based on age, lifestyle, gender, location, shopping preferences, budget and more. Yet one thing in 2022 that all consumers dealt with was inflation. And as we look ahead into 2023, inflation must remain a priority for brands and marketers to understand in order to effectively capture both consumer attention and dollars.

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US Federal Reserve Launches Climate Scenario Analysis Exercise

Eye on ESG

On January 17, 2023, the Board of Governors of the Federal Reserve System (“Federal Reserve”) launched its pilot climate scenario analysis exercise (“CSA”) by publishing instructions for the six US banking organizations that will participate. As part of the CSA, participating organizations will submit data templates, supporting documentation, and responses to qualitative questions to the Federal Reserve by July 31, 2023.

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SOLIDUS makes €11m investment in sustainable retail packaging for 2023

Retail Times

SOLIDUS SOLUTIONS (SOLIDUS) invests €11 million into FUTURLINE®, a range of innovative retail ready packaging solutions, including skin packaging, MAP (Modified Atmosphere Packaging) and punnets which are already being rolled out across Benelux, France, Germany, Poland, the United Kingdom and Spain.

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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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2023 PR Predictions

Retail Bound

We don’t exactly have a crystal ball to look into the future of PR, but we can make educated guesses based on our experiences and analysis. Here is our 2023 PR trends forecast: AFFILIATE MARKETING The gift guide climate really evolved this year with affiliate links and/or major online retailer availability becoming a requirement for coverage in several of the top-tier publications.

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Primark to enter 17th market with first store in Hungary

Retail Times

Primark, the international fashion retailer, has announced plans to open in the Hungarian capital, Budapest. The first Primark store in this new market will be located on the east side of Budapest, in one of the city's largest shopping centres, Arena Mall. This is the latest development in the retailer’s ambitious international expansion plans.

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Rural Shop Report 2023: ACS urges MPs to support rural shops pledge

Talking Retail

The 2023 Rural Shop Report has highlighted the crucial contribution that the UK’s 17,720 rural shops make to their communities and the need for targeted support from Government to ensure their long term future. Launched today (24 January), the 2023 Rural Shop Report demonstrates the close links that rural retailers have with their communities, their.

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Two shopping centres become the first in the UK to achieve net zero carbon status

Retail Times

Two retail destinations, Quayside MediaCity in Salford and Gloucester Quays, are the first of their kind to achieve ‘Net Zero Carbon – Operational Energy’, in line with UKGBC’s Net Zero Carbon Buildings Framework.

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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

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Manufacturing businessman opens new Spar c-store in Greater Manchester

Talking Retail

The community of Heald Green, a suburb of Stockport, Greater Manchester, is benefiting from a new convenience store after the opening of a Spar in Wilmslow Road. Located in a building that formerly housed a guitar shop, it’s the first convenience store to be added to owner Dr Hamid Hashemi’s business portfolio. Hashemi is taking.

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Furniture Village announces new appointments to board of directors

Retail Times

Leading national family owned furniture retailer, Furniture Village, has strengthened its board of directors with several senior appointments from within. This follows on from the recent successful exit deal from its external shareholders, enabling it to become 100% family owned once again.

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Camelot announces board and management changes

Talking Retail

Camelot UK Lotteries has made a number of changes to its board and management team following the Gambling Commission’s granting of regulatory approval of its proposed acquisition by Allwyn Group, subject to all relevant regulatory conditions being met. These changes will take effect upon the closing of the transaction. Camelot’s chairman Sir Hugh Robertson will.

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TRESemmé revamps portfolio for 2023 with improved formulas, fresh pack designs and new pack sizes

Retail Times

TRESemmé is revitalising its salon-quality portfolio for 2023 with the introduction of improved formulas, fresh pack designs and new pack sizes to clearly define the brand’s proposition and help the products shine on shelf.

Design 52
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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.