Inside Retail

FEBRUARY 12, 2023

Hotel and liquor retailer Endeavour Group has delivered strong first-half sales of $6.5 billion, 2.5 per cent higher than last year. EBIT increased by 15.8 per cent to $461 million, which the company attributes to the hotel operations’ return to full swing after the pandemic. On a three-year comparative basis, hotel and retail sales are trading at 4.7 per cent and 4.5 per cent cumulative annual growth rates, respectively.

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Gifts Strategy Retail Sales 246

Retail Store Windows

FEBRUARY 12, 2023

If you have a social media site or two then you couldn't have missed this scheme at the amazing LV right now. Every store across the world has a version of this scheme and some are quite spectacular. You may recall their previous collaboration with Yayoi Kusama back in 2012 when the brand too took over most of Selfridges (we probably have the images on here).

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Social Media Visual Merchandising Merchandising 59

Inside Retail

FEBRUARY 12, 2023

Trans-Tasman electronics retailer JB Hi-Fi has reported record earnings in its December half as trading conditions normalise. For the six months to December 31, the business reported an 8.6 per cent increase in sales to $5.28 billion driven by elevated customer demand as well as “well-executed” Black Friday and Cyber Monday promotional periods. Earnings before income and taxes grew 14 per cent to $479.2 million while tax-paid profits rose 14. 6 per cent to $329.9 million.

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Inside Retail

FEBRUARY 12, 2023

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities. Charity Super.Mkt opened 26 January and will close on 24 February. It appeals to shoppers looking for unique vintage clothing by offering a curated selection of fashion and accessories from the UK’s most loved charity retailers.

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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.

Strategy

Inside Retail

FEBRUARY 12, 2023

Nissan and New Balance have teamed up to produce the Kicks 327 – a car that mimics a trainer. The partnership is a play on the car’s name and was created to advertise Nissan’s electric Kicks SUV. The automobile has the suede upper from the 327, as well as everything from the original sneaker’s textile stitching to its white laces, and is finished with a placed wrap. “The 327 has a stylish SUV-like appearance and is light and sticks to the ground,” the brand told Dez

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Inside Retail

FEBRUARY 12, 2023

Fabrica X, the experiential concept store launched last year by The Mills Fabrica in Hong Kong, has kicked off a new campaign celebrating innovation in biomaterials. Biomaterials are new materials made from organic waste, such as alternative leathers derived from coffee waste and footwear made from wood. The campaign is in line with Fabrica X’s mission to explore different aspects of sustainability through a combination of retail, education and experiences.

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Inside Retail

FEBRUARY 12, 2023

The retail sector has been hard hit by job losses in recent weeks, as businesses look to cut costs ahead of a challenging year, when consumers are expected to rein in discretionary spending. Wesfarmers has let go of 100 employees in its e-commerce business Catch, with the headcount in some departments reduced by up to 30 per cent, while New Zealand’s The Warehouse Group has cut 190 jobs in its support office, and e-commerce giant Ebay has cut 500 jobs worldwide.

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