Thu.Dec 15, 2022

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Sale of David Jones to private equity firm reportedly in final stages

Inside Retail

Private equity firm Anchorage Capital Partners is reportedly in the final stages of acquiring David Jones from Woolworths Holdings, the South African retail giant that bought the department store chain for $2.1 billion in 2014. The Australian Financial Review reported on Wednesday that Woolworths Holdings’ deal with Anchorage Capital was imminent and estimated to be between $120 million and $130 million, a fraction of what the company paid for David Jones eight years ago.

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Primark has opened its first store in Romania

Retail Focus

Primark, the international fashion retailer, has today opened its first store in Romania at ParkLake Shopping Centre, Bucharest. With an investment of over €10 million in the new store and hundreds of jobs created in the local economy, the opening marks an important milestone for Primark as the retailer enters its 15 th international market. . The much-anticipated flagship store is part of Primark’s ambitious growth plans in Central and Eastern Europe (CEE), where the brand already has stores

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Trending Sources

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Louis Vuitton opens cultural and culinary destination dubbed ‘LV Dream’

Inside Retail

Luxury fashion house Louis Vuitton has unveiled ‘LV Dream’, a new “cultural and culinary space” in the heart of Paris. LV Dream is home to nine themed rooms, including ‘Louis Vuitton: As seen by…’, ‘The World of Vuitton According to Rei’, and ‘Leathergoods in Fashion’. Interactive components are featured throughout the spaces, illustrating “the highly original interpretation in constant dialogue with the Maison”.

Artistic 246
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Driving the Human offers innovative solutions for ecological issues

Design Wanted

Whether in design or other fields, great innovations are all about experimentation and connecting disciplines. This was the focus of the Driving the Human 2022 event, […]. The post Driving the Human offers innovative solutions for ecological issues appeared first on DesignWanted.

Other 105
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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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Too big to be small: Why retailers like Brosa struggle post-Covid

Inside Retail

Digital furniture retailer Brosa collapsed into voluntary administration on December 14. Co-founded in 2014 by David Wei and Ivan Lim, the brand was an official partner of this year’s Melbourne Food and Wine Festival, and experienced rapid growth throughout the pandemic. It tripled in size over this period and – according to a recent Inside Retail report – outpaced the growth of other furniture businesses in the space , such as Temple & Webster.

Planning 245
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Winn-Dixie Grocery Debuts in Parent Company’s Hometown

VMS

Southeastern Grocers Inc. (Jacksonville, Fla.) has opened a new Winn-Dixie store in the Grand Cypress neighborhood in St. Johns County, Florida. The 41,500-square-foot grocery store is in a suburb of SEG’s hometown of Jacksonville, and is the first of three additional Winn-Dixies the grocer has planned for the state. The forthcoming stores are in Jacksonville’s College Park neighborhood and Central Florida’s Apopka City Center.

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More Trending

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Food Lion Expands BOPIS to 25 More Stores

VMS

Food Lion (Salisbury, NC) has expanded its grocery pick-up service to 25 additional stores in the Carolinas. Customers can confirm availability and place orders through the Food Lion To Go website or app, with pick-up available on the same day. With the availability of BOPIS (buy-online-pick-up-in-store) at these stores and the recent expansion of its home delivery services, the retailer now offers pick-up or home delivery at 86 percent of its 10-state operating area.

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Retail appointments of the week

Inside Retail

Officeworks appoints Nikala Busse to new CIO position. By Heather McIlvaine. Nikala Busse has been named chief information officer at Officeworks, where she will lead the retailer’s technology team and ongoing digital innovation in the newly created role. She joins Officeworks with a wealth of experience leading IT teams to deliver transformation and innovation projects, including at Coles, where she held several senior positions focusing on improving customer and team member experience, increas

Strategy 130
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Lost Rhino exhibition by Alexandra Daisy Ginsberg opens at NHM

Design Week

The Lost Rhino, a free exhibition curated by artist Alexandra Daisy Ginsberg, opens at the Natural History Museum (NHM)’s Jerwood Gallery as the first in a series of collaborations with artists. Built around Ginsberg’s 2019 video installation The Substitute, which uses AI to create a digital life-size projection of the soon to be-extinct northern white rhino, the exhibition explores “how an idea.

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Another delivery service bites the dust: YourGrocer shuts down

Inside Retail

Melbourne-based delivery service YourGrocer has closed down its business as of today. The company allowed customers to order from various retailers and fresh food producers, which boomed during the pandemic. Now that cities have opened up and things are returning to normal, the situation seems bleak for the food-delivery industry. The grocery delivery app Send shut down in May, followed by Voly in November.

Marketing 130
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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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Louis Vuitton Pop-Up Lands at Private Jet Terminal

VMS

Louis Vuitton (Paris) has opened a pop-up store at a private jet terminal in Dubai operated by Jetex. The space offers passengers traveling with the executive aviation firm access to Louis Vuitton travel pieces that are “designed to make private jet flying even more glamorous,” Jetex says in a press release. Offerings include monogram trunks, exotic leather creations, a wide range of city guides and other items from the brand’s Objets Nomades line.

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How online growth is driving the closure of Beer Cartel’s bottle shop

Inside Retail

Last week, Australian alcohol retailer Beer Cartel announced that it would be shutting down its bricks-and-mortar store at its Artarmon warehouse on the north shore of Sydney, and will transition to an entirely online model as of January 2023. The decision came after the business secured a new warehouse in nearby St Leonards, approximately five times the size of its current location, which will allow it to bring all of its operations under one roof.

Shopping 130
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Retailer opens two Nisa Express stores on same Essex street

Talking Retail

An independent retailer in Basildon has done the double launching two Nisa Express stores on the same day and on the same street. Shoppers might be forgiven for thinking they have something wrong with their eyes but there is method behind the madness for Nisa customer Manjit Dabhi. Having owned a convenience store in the. This story continues at Retailer opens two Nisa Express stores on same Essex street.

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What is the role of 3PL for an SME?

Inside Retail

As your SME (small and medium-size enterprise) seeks to expand, there must come a time when 3PL (third-party logistics) consideration will take place. But what exactly are the benefits to hiring a 3PL to deliver your business’s warehouse requirements? Wouldn’t that come at a disproportionate expense? This thought is one of the most common misconceptions of 3PL, as there are many advantages (namely time) which include cost saving which comes as a huge surprise to many SME’s first starting o

Art 130
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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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Perfetti Van Melle enters functional benefits market

Talking Retail

Confectionery manufacturer Perfetti Van Melle has launched functional benefits variants of Mentos Gum and Smint, helping these brands break ground into a new market. Enhanced products are growing in relevance as shoppers adopt a more holistic approach to self-care; 45% shoppers globally are purchasing more food and drink with added health benefits in the wake.

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Australia’s first domestic terminal department store to open next year

Inside Retail

Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “department store” concept next July at T2 and T3. Spanning 1765sqm in T2 and 506sqm in T3, the new retail space’s offerings range from apparel, accessories, watches, jewellery, perfumes, and wines to spirits. While the T2 store targets leisure travellers and the younger customer base with product categories such as designer streetwear and niche fragrances, the T3 store will have a mor

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Report Analyzes Using Retail Stores for Last-Mile Fulfillment

VMS

The rise of e-commerce has shifted retail consumer behavior, with shoppers moving away from purchasing at traditional brick-and-mortar stores to buying at the click of a button. As a result, retailers have had to reevaluate their footprint and distribution networks to remain competitive, real estate consultant JLL concludes in a recent research paper.

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After World Cup warm-up, Aussie retailers ready for women’s event next year

Inside Retail

The 2023 World Cup is coming to an end this weekend, when Argentina and France will battle it out to be crowned the winner at Lusail Stadium in Qatar. But for Australian sportswear retailers, the match will merely be the warm-up to the Women’s World Cup, which will be held in Australia and New Zealand next year. . We spoke to Alex Morgan, head of Adidas’ retail stores in Australia, about the impact that the men’s tournament has had on sales locally, and what the brand has planned for the women’s

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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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Physical Stores Can Help Solve “Last-Mile Challenge”: Report

VMS

The rise of e-commerce has shifted retail consumer behavior, with shoppers moving away from purchasing at traditional brick-and-mortar stores to buying at the click of a button. As a result, retailers have had to reevaluate their footprint and distribution networks to remain competitive, real estate consultant JLL concludes in a recent research paper.

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Just Eat and Co-op to launch nationwide partnership

Talking Retail

Just Eat has teamed up with Co-op to launch an on-demand online delivery partnership with the aim of increasing access to quick, convenience shopping in communities nationwide. Initially rolling-out to 50 stores early next year, the service is expected to expand to over 1,000 Co-op stores by Spring 2023. Through the tie-up, shoppers will be. This story continues at Just Eat and Co-op to launch nationwide partnership.

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Silvestri California’s FAYE

VMS

Silvestri California’s FAYE. Standing 71-in. tall, a realistic female mannequin comes in three poses. With oil-based makeup and soft-styled wigs, FAYE is a realistic female mannequin that comes in three poses. Standing 71-in. tall, her skin tone and makeup can be customized. Abstract heads and feet, as well as sculpted hair and headless versions, are available.

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Platek and the decorative effects of outdoor lighting

Design Wanted

Platek is “outdoor lighting”. On the strength of its considerable specialised expertise and technical prowess in positioning itself in this field with top-quality products, the brand […]. The post Platek and the decorative effects of outdoor lighting appeared first on DesignWanted.

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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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Stockman USA’s Wicker Forms

VMS

Stockman USA’s Wicker Forms. Sustainable, durable and eco-friendly collections are made from a vegetal source. Sustainable, durable and eco-friendly, these rattan Wicker Forms are made from a vegetal source. Shown here is a blouse form weaved in wicker and featuring a raw wooden neck cap. Siegel & Stockman. POST CATEGORIES. MANUFACTURER: Siegel & Stockman.

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The Bug Factory launches internationally to re-shape the future of pet feed

Design Wanted

The Bug Factory manufactures eco-growing pods designed for people’s homes that harness insect power to recycle food waste and convert it into pet food and plant […]. The post The Bug Factory launches internationally to re-shape the future of pet feed appeared first on DesignWanted.

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Spar expands offering at popular Cornwall store

Talking Retail

A South East Cornwall Spar store has recently undergone a full renovation. The Dobwalls store, owned by Spar wholesaler Appleby Westward, closed for five days throughout November to update its fixtures and fittings, bring in new product lines and increase its square footage. The refurbishment will enable the now 1,850 square foot store on Duloe. This story continues at Spar expands offering at popular Cornwall store.

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Rising Cost Of Living Effects Retailers’ Excess Stock

RetailMinded

* Two thirds (68%) of shoppers are ‘worried’ about being able to afford to buy gifts for the festive period; * 6 in 10 US shoppers (64%) will be relying on retailers to discount goods in order to afford what they need this holiday season; * 24% of households plan to set a strict budget, 26% will minimize travel to save on fuel, and 23% will be ditching the wrapping paper; * Findings come from a new poll of 2,000 shoppers from Inventory Planner , which provides forecasting and planning software

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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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Independent retailers welcome support from Welsh government

Talking Retail

The Federation of Independent Retailers (The Fed) has welcomed the announcement that the Welsh government will support independent retailers moving into 2023. Earlier this month, it signed a letter alongside other trade bodies addressed to the Welsh finance minister calling for a change to business rates. On Tuesday, 13 December, the government revealed a package.

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New office space in Limassol

Retail Design Blog

Interior inspired by the nature of Cyprus ZIKZAK Architects has completed work on a project for IT company in Cyprus.

Space 52
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SGF announces partnership with GroceryAid

Talking Retail

Scottish Grocer’s Federation (SGF) has entered a new partnership with charity GroceryAid who support industry colleagues 24/7, providing emotional, practical and financial support. The charity, formed in 1857, is busier and more relevant than ever with a growing demand for the crucial support which they are able to offer, indeed providing more support now that.

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How boxing helps Single Use Ain’t Sexy founder Josh Howard switch off

Inside Retail

After starting his career in media, working as a special assistant to Network Ten’s then-executive general manager Russel Howcroft, Josh Howard switched gears and moved to New York City, where he worked for startups that blurred the lines between content and commerce. Then, in 2020, he launched his own business, eco-friendly soap brand Single Use Ain’t Sexy.

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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.