Wed.Oct 27, 2021

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Ikea buys former Topshop Oxford Street store

Retail Focus

Ikea is buying the former Topshop flagship store on London’s Oxford Street for £378 million. Since 2019 Ikea has opened shops in major cities such as Tokyo, Madrid, Moscow, Paris and New York to grow its presence on busy high streets. It now plans to open Ikea Oxford Street in autumn 2023, following the planned launch of its Hammersmith store later this winter.

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Australia Post sets deadline for Christmas deliveries

Inside Retail

Australia Post has released its ‘deadline’ for packages to be delivered before Christmas in an effort to help retailers and customers avoid disappointment during what it believes will be its busiest-ever festive season. Parcels will need to be sent no later than Monday 13 December in order to make it to the recipient on time, while sending via Express Post will push the deadline out to December 20.

Planning 264
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Seven Dials gives a royal welcome to Warm and Wonderful

Retail Focus

Shaftesbury has announced the opening of a debut pop-up store in Seven Dials for Warm & Wonderful, the independent British knitwear brand, most well-known for its iconic red sheep sweater, famously worn by Princess Diana, David Bowie and a host of other 80s icons. Off the back of a recent renaissance, Warm & Wonderful selected Seven Dials to launch its latest collection from its first physical retail space in over three decades coinciding with its first e-commerce site launch.

Apparel 162
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Coles’ growth stifled by shift in shopping behaviour

Inside Retail

Coles has suffered under the same quarterly conditions as rival Woolworths, with shopping and movement restrictions causing sales in its supermarkets to grow a slight 1.8 per cent and sales in its Express business to fall 10.1 per cent. Overall, total sales rose 1.5 per cent compared to the first quarter of FY21, with the return to lockdown caused by the Delta variant of Covid-19 causing some significant disruptions in the business’ supply chain, stores and to its customers.

Shopping 246
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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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Johnstons of Elgin brings luxury craftsmanship to Kildare Village

Retail Focus

Johnstons of Elgin, the luxury Scottish Cashmere and fine Woollens manufacturer, has launched its debut outlet store at Kildare Village in Ireland. . The new Johnstons of Elgin boutique will employ 10 members of staff and span across 1,377 sq ft, stocking recent collections from the label’s flagship stores on Multrees Walk in Edinburgh and New Bond Street in London.

Boutique 162
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Tough start to FY22 ends JB Hi-Fi’s run of strong growth

Inside Retail

JB Hi-Fi Group’s run of strong sales has hit a snag in the first quarter of FY22, with depressed customer spend during lockdown impacting both its Australian and New Zealand operations. The business said on Thursday that sales in its Australian JB Hi-Fi stores fell 7.9 per cent during the quarter, while sales in New Zealand fell 6.4 per cent, compared to the same period of last year.

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Vicinity Centres invests in Click Frenzy-owner to power omnichannel plans

Inside Retail

Vicinity Centres has partnered with and invested in Click Frenzy-owner Global Marketplace to grow its online capabilities and expand its omnichannel retail presence. As part of the deal, Vicinity is taking a minority shareholding in the online business – nearly 20 per cent – which will go some way in facilitating the online presence it wants to provide retailers in its centres across Australia.

Planning 130
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OMA adds wood-clad escalators to KaDeWe department store in Berlin

Dezeen

Architecture studio OMA has revealed images of the first completed part of its renovation of Berlin department store KaDeWe, a retail and event space connected by wood-clad escalators. OMA designed the spaces as part of its renovation of the Kaufhaus des Westens (KaDeWe), the second-largest department store in Europe after London's Harrods. Wood-clad escalators sit in the centre of the space.

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Beauty, business and Celeste Barber: 5 minutes with Shelley Sullivan

Inside Retail

Aussie entrepreneur Shelley Sullivan experienced worldwide success when she first launched tanning brand ModelCo in the early noughties. Fast forward 15 years and her affordable beauty brand, MCoBeauty, has quickly become a favourite of beauty addicts. Here, she chats with us about what she’s learnt from reality TV and what it’s like working with comedian Celeste Barber.

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Food inflation to accelerate towards Christmas, says survey

Talking Retail

Food price inflation accelerated in the first week of October compared to September, according to the latest figures from the British Retail Consortium (BRC) and the analyst Nielsen. The BRC-Nielsen IQ shop price index recorded food inflation as 0.5% in the first week of October, up from 0.1% in September. This compares to year-on-year figures. This story continues at Food inflation to accelerate towards Christmas, says survey.

Shopping 110
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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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Social creatures: How Alya Skin built their brand on Instagram

Inside Retail

Since launching Alya Skin in 2018, Manny Barbas and James Hachem have leveraged the power of social media to bring their brand to the world. Today, the cult beauty brand is globally recognised for its Pink Clay Mask, which proved wildly popular among beauty junkies on Instagram. Recently the brand introduced its latest product, the Pink Pearl Illuminating Eye Cream, which sold 23,000 units in pre launch and the first 24 hours of sale.

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Driving the Human proposes 21 visionary ideas for a sustainable future

Design Wanted

A multi-species refuge made from mycelium and a computer made from plants feature in our highlights from Driving the Human, a three-day festival in Berlin that proposed far-out ideas for eco-social renewal. Can AI solve our environmental problems? Is hacking nature an ethical way to prevent natural disasters? These are some of the questions that were posed during Driving the Human: 21 Visions for Eco-social Renewal , a three-day festival held October 15 to 17 at Berlin’s arts center Radialsystem

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How #WeWearAustralian plans to take Aussie fashion to the world

Inside Retail

Can one spectacular photoshoot put Australian fashion on the map? That’s the idea behind a massive new campaign from #WeWearAustralian that launched on Wednesday. Shot on location in Western Australia’s iconic Kimberley region over five days in October, the campaign combines otherworldly landscapes with fresh faces modelling incredible fashion from over 150 Australian brands in the hope that consumers — and fashion buyers — around the world will sit up and take notice.

Fashion 130
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JCPenney Names Marc Rosen CEO

VMS

JCPenney (Lewisville, TX) has appointed Marc Rosen its new CEO, effective Nov. 1, the retailer announced. Rosen brings more than 25 years of retail and e-commerce experience to the role, most recently serving as executive vice president and president of Levi Strauss Americas. In those positions, he led commercial operations and drove the digital strategy for its Levi’s, Dockers, Signature by Levi Strauss & Co. and Denizen brands.

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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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Love, Bonito raises US$50m to fuel international expansion

Inside Retail

Southeast Asia’s largest direct-to-consumer womenswear brand Love, Bonito has raised US$50million in its Series C funding round, which will power the company’s expansion into high growth international markets including Hong Kong, Japan and the US. The funds will also be used to drive the brand’s expansion into new categories beyond fashion, making it a go-to destination for a multitude of needs.

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Gold Accents in Melbourne Upscale Bakery

Mindful Design

Gold accents have always been used in interior design to suggest luxury and sophistication. A bakery in Melbourne proves that such touches are not necessarily restricted to traditional designs. A frount counter entirely lined with laminate aluminum sheets in brushed light brass tones finds a natural home in an interior that mixes modern touches with […].

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H&M launches Peta-approved animal-friendly range

Inside Retail

H&M is to launch an animal-friendly collection, Co-Exist Story, approved by the animal rights organisation Peta. The collection features animal-substitute fabrics and more sustainably sourced materials, such as recycled polyester and Econyl blend. The partywear and functional outerwear are made from fabrications such as FLWRDWNTM, an alternative to animal down made using wildflowers, and VEGEATM, a plant-based substitute for oil-based and animal-derived leathers.

Fashion 130
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What does the Autumn 2021 Budget mean for design?

Design Week

Chancellor Rishi Sunak’s March 2021 Budget promised to be the last delivered under coronavirus lockdown. Today’s Budget and spending review comes with its own milestone: Sunak says the British economy has recovered to close to pre-pandemic levels, with GDP just 0.8% below where it was in early 2020. However the announcement comes at a time when the country is seeing the most severe shortage of workers and materials seen since the 1970s.

Design 86
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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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Amazon Benchmarking – the ANZ brands who topped the list

Inside Retail

Pattern Australia recently released a research study benchmarking 50 brands selling in five product categories on amazon.com.au, including Baby, Beauty, Electronics, Kitchen & Dining, and Pet. The scoring criteria looked at aspects of each brand’s Amazon presence including product information and imagery, localised ratings and reviews, their placement in search results on their brand terms and whether they were utilising Amazon advertising to bolster their presence in organic search results.

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Convenience stores welcome Budget measures as ‘big step in the right direction’

Talking Retail

Convenience retailers have welcomed measures announced by chancellor Rishi Sunak in today’s Budget as a ‘big step in the right direction”. Association of Convenience Stores (ACS) chief executive James Lowman (pictured above) tweeted: “Very pleased to see the chancellor focus on investment incentives through the business rates system. “This is exactly what the ACS has.

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The Modern Park

Retail Design Blog

Intentionally mixing colors and textures to define functional spaces and create various viewing points – as one wanders in a.

Texture 76
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Autumn Budget: rates boost for retail and shake-up of alcohol duty

Talking Retail

Chancellor Rishi Sunak has announced in today’s Budget a new 50% business rates discount for companies in the retail, hospitality, and leisure sectors, lasting for one year. He said he wanted “to help those businesses hardest hit by the pandemic” “Pubs, music venues, cinemas, restaurants, hotels, theatres, gyms any eligible business can claim a discount.

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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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UK Biltong brand Raging Bull selected to fuel British Army Atlantic rowers and Antarctic explorers

Retail Times

Raging Bull Biltong have been selected by the British Army Force Atlantic and Expedition Antarctic Quest 21 teams to provide the biltong for 2 amazing challenges later this year. British Force Atlantic, comprising 2 male and 2 female soldiers will attempt to row, unsupported, 3000 miles across the Atlantic. Rowing 24 hours a day for approximately 6 weeks they aim to raise money for the British Royal Legion.

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Retailers back green investment incentives unveiled in Budget

Talking Retail

The Association of Convenience Stores (ACS) has welcomed the action by chancellor Rishi Sunak to support businesses through green investment incentives. In his budget speech to parliament today, Sunak said green investments such as solar panels and heat pumps would be exempt from business rates. Additionally, investment in improvements to businesses will not be subject.

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Kaif Burger

Retail Design Blog

Kaif Burger is the Morgenstern’s first flagship site of the new burger joint chain and the next step in the.

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McColl’s adopts personalised receipts to give targeted offers

Talking Retail

McColl’s has linked up with technology firm Ecrebo to start using a receipt system which can add personalised offers and messages to customers as they make purchases. McColl’s is to start using Ecrebo’s OnPoint receipt marketing system, which will be rolled out to all McColl’s partners. The deal follows a trial of Ecrebo’s software at. This story continues at McColl’s adopts personalised receipts to give targeted offers.

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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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AmberMeeting Office

Retail Design Blog

AmberMeeting Office locates in the concrete jungle of Xi’an Central Business District, the designer hopes to create a quiet and.

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Autumn budget is ‘double-edged sword’ for independent retailers

Talking Retail

Budget measures announced by chancellor Rishi Sunak earlier today represent a “double-edged sword for smaller businesses”, says the NFRN trade body. The federation, which represents thousands of independent convenience retailers and newsagents across the UK, welcomed the 50% discount on business rates and the scrapping of the planned increase on fuel duty.

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Sustainable Fashion: The Mystery Box

Retail Insider

Welcome to this column within our broader sustainability section which focuses on what fashion retailing is doing to address the issues in its industry. Brought to you by Retail Insider, Clipper Group and Give Back Box. This month’s column asks if the magic box phenomena could be harnessed to unsold stock. Brought to you by Retail Insider with Clipper and Give Back Box.

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SRC welcomes Scottish decision to allow shops to open on New Year’s Day

Talking Retail

The Scottish Retail Consortium (SRC) has welcomed a decision by the Scottish Parliament not to go ahead with an outright ban on shops opening on New Year’s Day. The SRC said that ministers have confirmed that they will not proceed with the suggested ban, which was intended to give shopworkers a guaranteed extra day off. This story continues at SRC welcomes Scottish decision to allow shops to open on New Year’s Day.

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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