Tue.Apr 30, 2024

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March retail sales barely rise as Taylor Swift effect evaporates

Inside Retail

Australian retail sales in March remain subdued despite an early Easter, only rising 0.8 per cent year over year to $35.6 billion. Australian Bureau of Statistics data showed that other retailing, which include cosmetic, sports and recreational goods, grew 2.4 per cent, the strongest growth across all categories during the month. Food sales went up 2.1 per cent while cafes, restaurants and takeaway rose 1.2 per cent.

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Buying Property to Set Up Your First Retail Store

Retail Focus

If you are looking to purchase property to set up your own shop, its location, size and cost are the main features to consider when ensuring that the property is right for you. As this purchase is such a significant investment, buyers want to make sure that they can procure property for as cheap as possible. In this article, we discuss different options that are available to you when it comes to purchasing your property to set up your retail shop.

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Vicinity Centres reports stable retail sales across its malls

Inside Retail

Vicinity Centres has posted a 1.6 per cent uplift in portfolio sales for the third quarter ended March 31. “Our operating metrics remain strong and continue to be underpinned by retailer demand for physical stores, particularly in our premium centres, and strong retail sales growth since the end of the pandemic,” said CEO and MD Peter Huddle. The occupancy rate for the quarter remained at 99.1 per cent while comparable net property income was at 4 per cent, both in line with the first half of FY

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7 Critical Factors Influencing Your Luxury Watch’s Resale Value

Retail Focus

When it comes to luxury watches, their value transcends mere timekeeping. These exquisite timepieces are not only symbols of craftsmanship and style but also valuable assets that can appreciate over time. If you’re considering selling your high-end watch, understanding the factors that influence its resale value is crucial. Here’s a guide to help you navigate the world of luxury watch resale. 1.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Woolworths agrees to sell 5 per cent of Endeavour Group for $468 million

Inside Retail

Woolworths Group has agreed to sell 5 per cent of its one-time subsidiary Endeavour Group for $468 million. The deal will reduce Woolworths’ stake in the hotels, alcohol and gaming facilities operator to just 4.1 per cent. While Woolworths CEO Brad Banducci acknowledged the importance of the supermarket chain with Endeavour Group, he said that “we no longer believe that a material equity investment in Endeavour Group is required as Endeavour Group approaches its three-year anniversar

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Désirée’s furniture collections embody its legacy of Italian craftsmanship

Design Wanted

Synonymous with its “Home soft Home” philosophy, Désirée celebrates the art of expressing emotions through design. Its roots trace back to the serene landscapes of Treviso, […] The post Désirée’s furniture collections embody its legacy of Italian craftsmanship appeared first on DesignWanted.

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Pioneering vegan brand Sheese re-launches with major new look and improved recipe

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Sheese, one of the first brands to market plant-based alternative to cheese in the UK, has unveiled a complete re-brand across its range. Much-loved by consumers as one of the first dairy-free and vegan brands, owners Bute Island Foods have re-launched the entire Sheese range under a new look and feel.

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How US Polo Assn blends sport and retail to drive billions in global sales

Inside Retail

With a resounding $2.4 billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. In an exclusive interview, J Michael Prince, president and CEO of USPA Global, told Inside Retail about the pivotal strategies that have fueled the brand’s success.

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Taraf awards main works contract for LUCE to Al Ashram Contracting (L.L.C.)

Design Middleeast

Located on the prestigious East Crescent of Palm Jumeirah, LUCE is set to be the new landmark that transforms the Palm Jumeirah skyline. Taraf , the real estate division of UAE-headquartered investment holding group Yas Holding, has announced Al Ashram Contracting (L.L.C.) as the main contractor for LUCE, an exquisite residential development located at Palm Jumeirah in Dubai.

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How RM Williams boosts efficiency with its unified commerce platform

Inside Retail

RM Williams – synonymous with quality craftsmanship and the rugged spirit of the Australian outback – has long been an icon in the footwear industry. However, in an increasingly digital world, the brand recognised the need to evolve its retail experience to meet the demands of modern consumers. In 2020, Tattarang, a prominent Australian investment group, acquired RM Williams with a vision to propel the brand into the digital age while preserving its heritage.

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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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EDEKA Jaeger introduces AI-powered age verification at self-service checkouts

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! EDEKA Jaeger, part of the EDEKA Group, which is one of the leading German supermarket organizations, is now offering customers in the 24/7 store at Stuttgart Airport the opportunity to authorize the purchase of age-restricted goods like alcoholic beverages at the self-service checkout using automatic age recognition.

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Why e-commerce customers and retailers need confidence, choice and control

Inside Retail

In the furiously competitive landscape of online retail, unlocking progress in customer experience is the route to business growth. Team Global Express e-Care is the carrier’s new direct-to-consumer shipping solution, partnering with e-commerce retailers to enable confidence, choice and control. There’s no moment more influential to a customer’s experience with your business than when they first lay hands on your product.

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Dobbies gears up for busiest season of the year with new Spring campaign

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Dobbies, the UK’s leading garden centre retailer, has unveiled a new advertising campaign, “Spring’s OUR thing”, developed in partnership with creative agency, elvis. Launching during National Gardening Week (29 April – 5 May), the campaign has been developed based on insight that people feel more optimistic in Spring than any other season.

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Paul Dumbrell quits Bapcor on the eve of taking up CEO role

Inside Retail

Paul Dumbrell has decided not to join Autobarn parent Bapcor as CEO and MD due to a personal reason, the company said in an announcement. Dumbrell, whose role was confirmed on February 1, was scheduled to commence the role tomorrow, May 1. To ensure stability and consistency, Mark Bernhard will continue as interim CEO and MD while the board searches for a new candidate.

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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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Pukka delivers five new full-on flavour launches

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Pukka, the nation’s number one pie brand, has added five new recipes to its savoury pastry line up, launching three unique individual pies and two new slices, bringing even more full-on flavour to the category.

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Adidas signs Xochitl Gomez to global ambassador family

Inside Retail

Adidas has named actress Xochitl Gomez as the newest member of its global ambassador family, who will be the face of the sportswear category. Gomez, a dancer, martial artist, and style icon, is regarded as one of the future generation’s most promising talents and an inspiration to the Latinx youth. “At Adidas, our ambition is to continue to push the boundaries when it comes to sport and culture,” said Aimee Arana, Adidas Global, GM of sportswear & training.

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Parking Management Services: Driving Additional Revenue with Smart Parcel Lockers

Parcel Pending

Once ripe with opportunity, the parking management industry is now at a crossroads due to economic and societal trends reshaping urban mobility. Stagnant demand in traditional markets, fierce competition, low cost of entry, and sustainability pressures are compelling parking management services and parking lot owners to adapt and innovate. Amid this tumultuous parking services landscape, smart parcel lockers emerge as a promising avenue for driving additional revenue and delivering enhanced cust

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Melbourne’s Emporium secures new retailers in diversification push

Inside Retail

Emporium Melbourne shopping centre has unveiled its recent and upcoming store additions as part of a strategy to diversify its retail offer. During the past year, Emporium has completed 32 new deals – including five relocations – and 26 renewals. The new retailer line-up includes Japanese label Onitsuka Tiger, footwear brand Jo Mercer, Italian denim Replay, Rebel’s 3600sqm flagship store , Vietnamese restaurant Old Man Pho, and coffee shop Manchester Press.

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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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Lincoln’s Waterside centre to undergo £1m-plus rejuvenation

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Lincoln’s Waterside centre is undergoing an exciting rejuvenation with major investment from its new owners. Waterside’s evolution includes a new, high-quality coffee shop which will be located in the heart of the centre, adjacent to Next and H&M.

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7 Tips for a Smooth Exhibit Installation 

Trade Show Booth Companies - Trade Group

When you initially get ready for your next trade show event, you often get caught up in the stuff you like, such as trade show booth design, creating marketing materials, or even the stuff that HAS to get done, such as booking hotel rooms for loyal staff members. Still, sometimes, we need to remember the crucial days of exhibit setup. These exhibit setup days are crucial to your success at your next event.

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Simply Roasted reveals an exclusive new print from illustrator to celebrate the launch of its new sour cream & chive crisps

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Simply Roasted, the champion of lower fat, fully roasted crisps, is encouraging customers to “take five with sour cream & chive” – its newest crisp flavour, launching in April. The supporting digital marketing campaign will focus on the importance of finding small moments for self-care in the day.

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How to Select the Right Distributor for Your New Product Brand

Retail Bound

Launching a new product brand can be an exciting and challenging time. With so many things to consider, one crucial factor that can make or break your success is choosing the right distributor. After all, they are the ones responsible for getting your products into the hands of consumers. But with countless distributors out there, how do you know which one is the best fit for your brand?

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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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pladis makes big afternoon snacking play with new McVitie’s Penguin snack packs

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! pladis, the global snacking company behind some of the UK’s most loved and iconic brands, is building on the long-established success of its family favourite McVitie’s Penguin brand as it launches a new range of portion-controlled biscuit snack packs: Penguin & Friends.

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Manufacturing a Greener Future: Bay Cities Leads the Charge this Earth Month

Bay Cities

Take a closer look at why sustainability matters and several earth-friendly initiatives underway in the Bay Area.

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Revolutionising retail: the role of technology in e-commerce businesses

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Introduction The application of technology seems to be noteworthy in the fast-changing retail scene. Modern technologies can define the success of online businesses. Not only has technology automated and smoothed processes, but it has also improved the shopping experience of customers, helping retailers catch up with the competition via the digital marke

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KETTLE® Chips gives consumers a taste of adventure with exclusive Virgin Experiences on-pack promotion

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! KETTLE® Chips, renowned for its commitment to delivering unique and adventurous flavours, is thrilled to announce an exhilarating partnership with Virgin Experiences for an exclusive on-pack promotion launching this week.

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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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Co-op moves to introduce British white eggs for the first time to support our 100% free range commitment

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op supports 100% free range commitment with the introduction of British white eggs across its 2,400 convenience stores from this week. The leading convenience retailer – one of the first UK supermarkets to ban caged eggs and move to only source British free-range eggs in 2008 – will now sell both white and brown eggs […] If you want more informa

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Co-op appoints director of property, development and estates as it drives growth ambitions

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Rachel Hargreaves has joined Co-op as Director of Property, Development and Estates, it has confirmed today, as the leading convenience retailer drives strategic growth plans. Joining Co-op from Lidl Great Britain, Rachel’s position involves a focus on ensuring Co-op is at the forefront of landowners, developers and agents minds as the go-to convenience

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Wex Photo Video expands its investment in Edinburgh with new store opening

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The UK’s largest specialist photographic retailer, Wex Photo Video, has today announced the opening of its new store on Haddington Place, in the heart of the Scottish capital. Replacing its Bonnington outlet, the new store will officially open its doors on 3rd May 2024 with a grand opening event hosted by award-winning documentary photographer, Sophie Ge

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pladis launches Carr’s Melts Flavour

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! pladis, the global snacking company behind some of the UK’s most loved and iconic brands, is solidifying its presence on the cheese board by introducing a new Caramelised Red Onion flavour to its growing Carr’s Melts range.

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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