Tue.Nov 23, 2021

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Harvey Norman profit tumbles 35 per cent from pandemic high

Inside Retail

Harvey Norman has been hit by falling sales and depreciating exchange rates, with global sales falling 8.8 per cent during the period between July and November, and unaudited gross profit falling 35.5 per cent between July and October, compared to the same periods of last year. According to the department store business, exchange rates across Europe, Singapore and Malaysia hurt the business’ aggregated sales, and were only partially offset by growth in the New Zealand dollar and the UK pound.

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Dyson opens virtual reality store for customers to test out products at home

Design Week

Dyson has unveiled an “advanced virtual reality technology” which will allow its customers to test out products in a hands-on way in their own homes. Called Dyson Demo VR, the technology is described as a “virtual online environment” It seeks to help customers understand products better without being instore. Dyson says it is the “first virtual store” of its kind.

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Fashion label to close online store in protest at BFCM ‘frenzy’

Inside Retail

Sustainable knitwear brand, Mia Fratino, is set to shut its doors during the upcoming Black Friday/Cyber Monday shopping sale to protest against waste and over-consumerism. . The brand said it will purposefully pause its online store on November 26 and 29 to raise awareness about considered purchasing and take a stand against sales that encourage mass consumption and retail hysteria.

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Remembering Bob Gill: “There’s no such thing as a bad client”

Design Week

Bob Gill, co-founder of Pentagram precursor Fletcher/Forbes/Gill and founding member of D&AD, has died at the age of 90. Gill was born in Brooklyn, New York in 1931, where he was raised by his mother. He later studied at the Philadelphia Museum School of Art and Pennsylvania Academy of Fine Arts before moving to New York. Early professional work included illustrations for magazines such as Esquire and Seventeen.

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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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How Flora & Fauna is keeping unwanted toys out of landfill

Inside Retail

Flora & Fauna founder and CEO Julie Mathers is committed to helping people reduce their waste through her eco-friendly online retail business. Besides offering products like reusable coffee cups and metal straws, she also encourages customers to give her their empty makeup tubes, blister packs and other hard-to-recycle items, so they can be sent to TerraCycle rather than end up in landfill.

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Starbucks creates 23 new jobs as first store in Aylesbury opens

Retail Times

A new Starbucks® store will open in Sainsburys, Gatehouse Road, Aylesbury, on Wednesday 24 November. The new store will be the first in the local area and will create 23 new jobs.

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Black Friday Thrift Store Deals in Vegas & LA

Thrifts and Tangles

Black Friday shopping is a great way to get deals for cheap. Did you know that thrift stores offer some amazing Black Friday Deals? You will get the best bang for your buck and be sustainable by choosing to thrift on Black Friday. Here is a list of the Black Friday Thrift Store Deals in […]. The post Black Friday Thrift Store Deals in Vegas & LA appeared first on Thrifts and Tangles.

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Visa’s Amazon spat shows power is shifting to retailers in fee battle

Inside Retail

Amazon’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. Amazon said last week that it would stop accepting Visa credit cards issued in the United Kingdom from Jan 19, 2022, saying that despite technology advancements the fees on such transactions remained high or in some cases were rising.

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Retailers urged to ensure loyalty is the lasting legacy of Black Friday

Retail Times

We’re on the countdown to Black Friday 2021 - an event that has become one of the defining moments in the UK retail calendar and this year, it’s more important than ever.

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Shrink or grow? Predictions for online retail in 2022

Inside Retail

It’s beginning to look a lot like…the time of the year we make future predictions about the retail industry! It’s the season of giving, and not just holiday presents. It’s also the time commentators, experts, and consultants give their predictions of what the future holds for the next year. Last year, I wrote a piece for Inside Retail about why I try to avoid making specific future predictions, and instead try to look for deeper trends and what is driving them.

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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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Dollar Tree Products to Rise in Cost

VMS

Dollar Tree (Chesapeake, Va.) announced it will begin selling most of its products for $1.25 throughout its fleet of stores instead of $1, Reuters reports. The new strategy comes after pandemic-related challenges as well as rising freight costs, according to the retailer. The new price points will take affect during the first quarter of 2022, and its CEO Michael Witynski says the move will allow the retailer to introduce new products and new assortments.

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Comfort-focused furniture brand Maker & Son eyes APAC expansion

Inside Retail

Since launching in the UK in 2018, furniture brand Maker & Son has quickly established itself as a go-to furniture brand for comfort, with its popular Instagram videos of a woman throwing herself onto the large cushioned sofas captivating consumers. In this short period, the brand has expanded to the US, Australia, New Zealand and Ireland, with Australasia now accounting for nearly 25 per cent of global revenue.

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Winding Staircase Claims the Spotlight at Luxury Watch Retailer’s New Store

VMS

Zimson Watches’ latest Bengaluru locale is centered on a bold and sophisticated design, implemented by FRDC , aiming to match the characteristics of the retailer’s clientele. Upon entering, shoppers are transported from the bustling outside world to the clean and contemporary look within, beginning with an LED sign, drawing attention from the street.

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Co-op unveils new multi-million-pound Carbon Innovation Fund

Retail Times

Co-op has announced it will be committing over £11 million in the next three years to help community environmental causes, social enterprises, charities and groups, both in the UK and abroad.

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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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Mad Lords Plans Expansion

VMS

Mad Lords (Paris) is planning to expand its footprint with an additional three stores in 2022, Forbes reports. The fine jewelry boutique is planning to open new locations in Belgium, Brussels, and another on Rue St. Honoré, where the brand has an existing flagship. The three stores are also in addition to the brand’s piercing bar and its location in Deauville, France.

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Heets tobacco sticks add Mauve variant for IQOS devices

Talking Retail

Philip Morris Limited (PML) has launched Heets Mauve, a new variant in its range of Heets tobacco sticks for the IQOS heated tobacco system. Heets Mauve is said to offer “a crisp menthol tobacco blend with a taste of dark forest fruits”. Kate O’Dowd, head of commercial planning for PML in the UK and Ireland, This story continues at Heets tobacco sticks add Mauve variant for IQOS devices.

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What Is Embodied Carbon And Why Does It Matter In Workspace Design?

All Work

During the Workspace Design Show in London, architects, designers, and corporates discussed, among other things, what the built environment needs to do to start reducing its greenhouse gas (GHG) emissions now. Operational emissions account for 28% and the remaining 11% comes from embodied carbon emissions. But without minimising embodied carbon in things like construction materials, we’re much less likely to achieve the goals set out in COP26.

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Authentic Brands No Longer Seeking IPO

VMS

Authentic Brands (New York) will no longer be working towards a planned initial public offering (IPO), according to CNBC. Instead the company will be selling equity stakes in its business to HPS Investment Partners and CVC Capital, in addition to a range of existing stakeholders. Made known this past Monday, the deal gives the company a $12.7 billion enterprise value.

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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.

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Wörwag Pharma offices by Ippolito Fleitz Group

Retail Design Blog

Ippolito Fleitz Group turned an office into a colour deck fan, and a guide to paint and manufacturer company Wörwag’s.

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Harrods, London

Retail Store Windows

This is such a delcious time of year for retail store windows and it looks like the season really is in full swing right now out there. As always, we really look forward to seeing what these guys will do and they never disappoint. We cant recall ever seeing so much chrome in such wonderful jewel colours and if you have a moment do scan the QR code just below too for the full interactive experience.

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Kawamura Hospice by Yamazaki Kentaro Design Workshop

Retail Design Blog

Yamazaki Kentaro has designed a hospice facility in japan that blends seamlessly with the natural surroundings. The newly unveiled establishment.

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Record six months for lottery ticket sales

Talking Retail

Camelot sold more National Lottery tickets in the first half of the latest financial year than ever before. The lottery operator recorded ticket sales of £3,961.4m for the six months ending 25 September 2021, up by £107.3m (2.7%) on the previous year. Camelot chairman Sir Hugh Robertson said: “I’m delighted to announce another record sales. This story continues at Record six months for lottery ticket sales.

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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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Pets at Home strengthens its position as leading UK pet retailer, says GlobalData

Retail Times

Following today’s release of Pets at Home’s figures for H1 FY2021/22; Georgina Sreeves, retail analyst at GlobalData, a leading data and analytics company, offers her view: “Pets at Home continues to capitalise on heightened demand driven by increased pet ownership as group revenue increased 18.0% year-on-year (y-o-y) to £677.6m in its H1 FY2021/22.

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NFRN welcomes Irish deposit return scheme

Talking Retail

The Irish government has published draft regulations for a deposit return scheme (DRS), following efforts in all the United Kingdom countries to introduce similar measures. The NFRN trade association, which has members in the Republic of Ireland, welcomed the move, although it noted that many of the details have yet to be decided, including the. This story continues at NFRN welcomes Irish deposit return scheme.

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Wolf Forms’ Paper Bell Pants

VMS

Wolf Forms’ Paper Bell Pants. Merchandising belts was never so easy with this made-to-order, 100-percent recyclable form. Use these Paper Bell Pants to uniquely display belts. Made to order, this unusual form is 100-percent papier-mâché, 100-percent recyclable and said to be extremely eco-friendly. Wolf Forms. POST CATEGORIES. MANUFACTURER: Wolf Forms.

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Ingka Centres launches its first IKEA anchored meeting place in India

Retail Times

Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has today revealed plans for a major new IKEA anchored mixed-use development in Gurugram, a city southwest of New Delhi, in the state of Haryana.

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Retails Next Frontier: Exploring and Proving the Value of AI

AI is everywhere. It’s in customer service interactions, product recommendations, marketing outreach, and yes, even commerce experiences. But not every use of AI provides the same value to your brand. In this masterclass, experts from Constructor, commercetools, Contentstack, and Orium discuss how AI can complement your composable tech stack and help bring in immediate ROI.

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Tradeshow & Exhibit Trends For MRO AMERICA’S 2022

Trade Group

The countdown begins! It’s time to start preparing for Aviation Week’s Maintenance, Repair, and Overhaul (MRO Americas) 2022. The show is scheduled to launch on April 26-28 in Dallas, TX. The upcoming event promises to be bigger and better than the previous year, as people become accustomed to live marketing events once again. The show is intended for airliners, aerospace engineers, technicians and is a staple within the aviation industry.

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Armani and Boss among first to take space in Grantham Designer Outlet Village

Retail Times

As it builds momentum ahead of opening in 2023, the Grantham Designer Outlet Village has announced a suite of fashion and F&B brands that will take space in the premium outlet – alongside the news it will feature online sales platform Wishibam, a UK-first for outlet retail destinations.

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Authentic Brands Puts Brakes on IPO

VMS

Authentic Brands (New York) will no longer be working towards a planned initial public offering (IPO), according to CNBC. Instead the company will be selling equity stakes in its business to HPS Investment Partners and CVC Capital, in addition to a range of existing stakeholders. Made known this past Monday, the deal gives the company a $12.7 billion enterprise value.

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Good news for retailers as one in four shoppers plan to spend more on Black Friday bargains this year – new KPMG UK research reveals

Retail Times

British bargain hunters are bracing themselves for Black Friday sales events this week with one in four shoppers (24%) planning to spend more this year than last, according to new research by KPMG UK.

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.