Tue.Nov 16, 2021

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M&S joins rental trend, partnering with Hirestreet

Inside Retail

Department-store chain M&S has joined hands with the UK rental platform Hirestreet to venture into the rental sector ahead of the year-end season. . The launch of M&S clothing rentals follows its recent investment in the Zoe Group, the operator of Hirestreet, through its Founders Factory Joint Venture accelerator program. The first rental edit consists of more than 40 womenswear pieces from its Autograph own-label range and dresses from the M&S x Ghost Collaboration.

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Key considerations for flooring options in retail spaces

Retail Focus

In the fluctuating world of retail and the exponential rise of e-commerce, accelerated by lockdown restrictions during the pandemic, the future of bricks and mortar retail spaces has come into question. However, the sentiment in the sector is that physical stores are far from dead. . In fact, while many retailers quickly expanded their online sales capacity in the wake of Covid-19, physical stores remained an essential element in many businesses as a click-and-collect facility.

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Store closures cost City Chic $1 million a month

Inside Retail

Plus-size fashion firm City Chic Collective saw earnings drop by $1 million a month due to store closures across its network, having lost 37 per cent of its trading days since its full-year results in August. However, with all its stores now open and trading into the busiest time of the year, chief executive Phil Ryan is confident the business’ brands will perform well over the holidays.

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Why coffee is good for your offices

Retail Focus

Keeping your employees motivated, engaged and enthusiastic is high on every business owner’s list. But is coffee really so wonderful that it can keep your workplace morale healthy, as well as your energy levels in check? Read on, to find out why every office needs a plentiful supply of good coffee… 1. It boosts workplace relationships. Having a coffee with colleagues is a great way of advancing those work relationships, without the fuss and commotion of a teambuilding event.

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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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Inside fitness giant Peloton’s new stores in Australia

Inside Retail

Fitness giant Peloton landed in Australia recently and has since rolled out several interactive showrooms in Sydney, in addition to its 115-plus stores in the US, UK, Germany, and Canada. Each showroom provides customers with a community hub to test Peloton’s range of products, including the Peloton Bike and Peloton Bike+, while shopping its new private-label apparel range.

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Workforce first: why staff wellbeing should be high on the agenda for the retail industry

Retail Focus

As UK retailers gear up to enter what is traditionally their busiest period, they face a very different Christmas this year in an uncertain, post-pandemic climate. . Here, Toma Pagojute, Chief HR Officer at workforce management solutions provider Quinyx, outlines why retail bosses need to adopt a people-first approach in order to succeed this season, and how they can help retain their staff during ‘The Big Quit’.

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Trivento champions premium with TV advert

Talking Retail

Argentinian wine brand Trivento is launching an advertising campaign for its Private Reserve Malbec. The campaign consists of a 20-second advert running until 24 December across catch-up programmes such as Gogglebox, Mare of Easttown and Bancroft. The advert is aimed at 42% of “food and wine enthusiasts” consumers. This story continues at Trivento champions premium with TV advert.

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Dan Murphy’s launches dedicated gifting hub online

Inside Retail

Liquor chain Dan Murphy’s has launched an online gifting hub, specialising in hampers and a bespoke wine collection, which has gone live in time for the Christmas season. The hub hosts a range of 300 beverage packages sourced from small Australian suppliers through to international brands and gift hampers include non-alcoholic products including candles, confectionery and even a QR code linking to shows by Aussie magician Jackson Aces.

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Accolade Wines supports retailers with POS platform

Talking Retail

Accolade Wines has launched an online point-of-sale platform specifically designed to help independent retailers “capitalise on impulse wine purchases”. Accolade Advantage will offer free POS to retailers, initially highlighting best-selling lines across Hardys VR, Jam Shed and Echo Falls, shipped directly to the chosen store within 30 days of ordering.

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CommBank launches apps Little Birdie and Cheddar in retail “land grab”

Inside Retail

The Commonwealth Bank of Australia is going hard on retail with the unveiling of AI-enabled ‘brand discovery and deals’ app Cheddar in the same week as the launch of in-app shopping platform Little Birdie. But one retail and payments expert is questioning whether the big-four bank truly has merchants’ best interests at heart. Launched out of CommBank’s venture scaling arm x15 Ventures , Cheddar is specifically targeting Gen Z and Gen Y consumers, using artificial intelligence and algorithms to

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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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Russia’s largest supermarket chain, Perekrestok, prioritises digitalisation and omnichannel, says CEO

Retail Times

Vladislav Kurbatov, CEO of Perekrestok, part of the X5 Group - Russia’s largest food retailer - on digitisation, omnichannel retailing, promoting conscious consumption and a new Garden concept for small format stores.

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How Indigenous fashion brands are paving the way for the next generation

Inside Retail

The rise of Indigenous fashion has been a long time coming. While there has never been a shortage of talented First Nations designers, historically, many have struggled to break into the fashion industry due to a lack of connections and support. But that is starting to change with a number of organisations now developing programs and resources to help Indigenous fashion brands grow.

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Interiors inspiration: Design Week’s pick of spaces using natural materials

Design Week

1 Hotel Toronto, by Rockwell Group. Photo credit: Brandon Barre Touting itself has Canada’s first “mission-driven hotel”, celebrating the beauty of the city’s natural environment, 1 Hotel Toronto aims to “turn urbanism inside out” The idea for the design, according to Rockwell Group, centres around creating a portal to the natural world, instead of a flight from it.

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Metaverse marks a ‘US$50 billion revenue opportunity for luxury’

Inside Retail

Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to Morgan Stanley. “Revenue streams from digital mediums for luxury brands are negligible… We think this is about to change,” strategists at the US investment bank wrote in a note on Tuesday. “The Metaverse will likely take many years to develop; however, NFTs and social gaming (e.g, online games and

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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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Nisa’s charity provides funding boost for good causes

Talking Retail

Nisa’s Making a Difference Locally (MADL) charity is giving retailers the chance of winning extra funding of up to £2,500 for their local good causes. MADL has announced an initiative called ‘A Moment in Time’ which can help if there is something a retailer wishes to support but does not currently have the funds in. This story continues at Nisa’s charity provides funding boost for good causes.

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6 Target Stores That Broke the Design Mold

VMS

The post 6 Target Stores That Broke the Design Mold appeared first on Visual Merchandising and Store Design.

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Spar picks up another Edinburgh store

Talking Retail

Spar Scotland has picked up a new store in Edinburgh with the conversion of a former Premier to the group. Mohammed Akhtar has turned the 1,000 sq ft store in South Queensferry into a Spar after a small refurbishment. Akhtar, who owns another independent store, said that he is now looking for a larger venture, This story continues at Spar picks up another Edinburgh store.

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Casper Sleep to Go Private

VMS

Mattress retailer Casper Sleep (New York) will go private via private equity firm Duration Capital Management, reports CNBC. The deal values the retailer at a 94 percent premium to its closing price last Friday. “This agreement offers a promising opportunity to realize the highest value for our stockholders while providing Casper with much needed capital to execute on future initiatives to sustain and grow its business,” said Casper co-founder and CEO Philip Krim.

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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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Smythson, London

Retail Store Windows

We're sure that just like every other retailer this one has suffered this year although they still managed to pull off some great schemes nonetheless. With the Christmas season in full swing out there on the high street, with the exception of a few retailers, naturally this brand are highlighting some of their gorgeous products within their scheme. Large boxes in a beautiful shade of Blue in a pyramidal format topped with a large outsized bow fill their windows with a stunning Gold trim around t

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Casper Sleep Sold to Private Equity

VMS

Mattress retailer Casper Sleep (New York) will go private via private equity firm Durational Capital Management, reports CNBC. The deal values the retailer at a 94 percent premium to its closing price last Friday. “This agreement offers a promising opportunity to realize the highest value for our stockholders while providing Casper with much needed capital to execute on future initiatives to sustain and grow its business,” said Casper co-founder and CEO Philip Krim.

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Increase in store visits and decrease in online sales for October, says Nielsen

Talking Retail

Convenience stores played their part in a good October for bricks and mortar shopping as in-store visits grew by 2.1% for the four weeks to 6 November compared to last year, according to Nielsen figures. Visits to supermarkets grew by even more, at 6.5%, equal to 28m more visits than in the same period last. This story continues at Increase in store visits and decrease in online sales for October, says Nielsen.

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Walmart Poised for Profitable Holiday Season

VMS

Walmart (Bentonville, Ark.) raised its annual sales and profit forecast thanks to an expected glut in demand for toys and apparel during the holidays, reports Yahoo! Finance. “We have the people, the products, and the prices to deliver a great holiday season for our customers and members,” CEO Doug McMillon said. Despite supply chain woes that have plagued most retailers in the third quarter, the big box giant has maintained low prices to keep shoppers returning and chartered its own

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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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Greenpeace condemns rumoured delay in deposit scheme for drinks containers in Scotland

Talking Retail

Reports that the Scottish government is shortly to announce that it will delay the start of its deposit return scheme (DRS) for drinks containers from July 2022 to 2023 have been criticised by campaigners. The DRS initiative would require shoppers to pay 20p extra when buying drinks in cans and bottles, with that money being. This story continues at Greenpeace condemns rumoured delay in deposit scheme for drinks containers in Scotland.

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Digital commerce leader Elena Leonova joins Spryker to accelerate innovation and vomposable new-Gen vommerce platform

Retail Times

Spryker Systems, the fastest-growing enterprise digital commerce platform for B2B, Enterprise Marketplaces and Unified Commerce, has appointed Elena Leonova as its new, global VP of product. Considered “an unequalled female leader in e-commerce technology,” Elena brings to the role more than 10 years’ experience at the cutting edge of e-commerce: at Magento, the world’s leading open-source e-commerce platform, and at BigCommerce, the open SaaS commerce platform, where she was VP of product manag

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NFRN praises newspaper publisher JPI for making sure newsagents reap benefits of price rise

Talking Retail

The NFRN has welcomed the announcement by newspaper publisher JPI that when it increases the prices of its titles the amount paid to retailers will also go up. The decision by JPI comes just after another newspaper publisher, Newsquest, put up its prices last month but cut the percentage it paid to newsagents. JPI will. This story continues at NFRN praises newspaper publisher JPI for making sure newsagents reap benefits of price rise.

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UK supermarkets experience boost to in-store shopping as Brits embrace omnichannel opportunities ahead of Christmas, Nielsen reports

Retail Times

In-store visits at UK supermarkets have grown 6.5% in the last four weeks ending 6th November 2021, equal to 28m more visits compared with the same period last year, as British shoppers embrace omnichannel shopping ahead of Christmas, reveals new data released today by NielsenIQ.

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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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PayPoint offers signing-up deals in run-up to Christmas

Talking Retail

A recruitment drive by payment specialist PayPoint is offering retailers a two-month service fee refund if they sign up before the end of the year. PayPoint offers an electronic point of sale (EPoS) system with mobile stock inventory management, printing of shelf-edge labels and set-up of promotions and special offers. The PayPoint systems are designed.

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6 Critical Trade Show Mistakes to Avoid

Trade Group

As live events return, it’s time to dust the cobwebs off your marketing material and get back to the trade show circuit. However, for some, it’s been two years or more since their last exhibit, so your trade show skills may need a little dusting, as well. Whether you just need a little live events refresher or are new to exhibiting, here are six common trade show mistakes you should avoid at all costs.

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Hiring ex-offenders could help to ease staffing crisis

Retail Insider

Back in 2002 when shoe-repairing and key-cutting retailer Timpson employed its first ex-offender, it was deemed a somewhat risky move and certainly deeply unfashionable, which is precisely why the rest of the industry was reluctant to follow suit. It transpired that such hires were incredibly grateful for being given a second chance and therefore proved to be extremely loyal, productive and hardworking.

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The Rise of Coworking Spaces

Greater Group

The working environment is becoming more and more flexible. With an increase in freelance and independent workers along with the accelerated trend towards remote work, the world is experiencing a significant change in workplace dynamics. To accommodate this transformation, workplace design is also adapting. As an alternative to traditional office dynamics, coworking spaces, in particular, are on the rise as people are increasingly favouring self-employment and remote work opportunities.

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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.