Sun.Apr 16, 2023

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Why MilkRun’s collapse shows the “days of cheap capital are over”

Inside Retail

Last week, on-demand food and grocery delivery businesses MilkRun and CoLab collapsed. The pair join former competitors Voly and Send, as well as the local operations of Deliveroo and Foodora, on a list of failed on-demand delivery operators taking on the Australian market. While CoLab fell into voluntary administration, MilkRun’s founder Dany Milham, along with its leadership team, is killing the business off.

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Ringo Studio completes colourful cookware store for Our Place in Los Angeles

Dezeen

Brooklyn-based Ringo Studio designed a store for kitchenware brand Our Place that features colourful tile displays and expressive drapery that hangs from the ceiling. The Our Place Melrose store is the brand's second location in Los Angeles, following the inaugural shop in Venice, and is situated in West Hollywood's busy shopping district. The Our Place store is designed to showcase the brand's colourful cookware The interiors by Ringo Studio are based on the identifiable colour palette of Our P

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ARA co-launches scholarship for women leaders in retail

Inside Retail

Emerging women leaders in retail can now apply to the Australian Retailers Association’s (ARA) Women Leaders in Retail CEW Scholarship to accelerate their professional development. The scholarship which is in its second year is offered by the ARA in partnership with Chief Executive Women (CEW) and provides an opportunity for the winner to study at Harvard Business School.

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How to Use Retail Space Design To Drive Sales and Delight Customers

Greater Group

In today’s retail landscape, retailers must go beyond selling products and present a truly unique and entertaining experiential shopping destination for customers. Retailers are no longer just competing on product availability and price, but also on the ability to provide a distinctive retail space design to create an unforgettable shopping environment with exceptional customer service that cannot be replicated online.

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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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Missha names Elizabeth Olsen as its global brand ambassador

Inside Retail

South Korean beauty company Able C&C’s top-selling skincare brand Missha has named actress Elizabeth Olsen as its global ambassador and the face of its new “Beauty is Reality” campaign. Missha’s worldwide advertising campaign ‘Beauty is Reality’ highlights “beautiful moments in everyday life” to convey that beauty should not be unnecessarily dramatised or based on “inflated rich sentiments” Elizabeth Olsen was chosen as Able C&C

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Plant-Powered Health Brand Cuts Back $1.5M of Excess Stock With Inventory Planner

RetailMinded

Key facts Shopify Plus-powered omnichannel merchant specializing in organic plant-based protein powder, with 2,100% YoY growth Uses Inventory Planner to accurately forecast demand, optimize stock holding and as a crucial cash flow planning tool Impact: $1.5M of excess stock eliminated and holding stock cut in HALF – inventory has shrunk but profit has grown “Inventory Planner is a tool that unlocks the ability to make smarter, faster decisions when it comes to our biggest investment: inventory”

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“At the starting line”: Building relationships and loyalty over Ramadan

Inside Retail

While certain retailers are identifying the commercial opportunities associated with the month of Ramadan, an expert suggests that Australian retailers are still “at the starting line” when it comes to authentic engagement with the Muslim community. The religious festival falls on the ninth month of the Islamic calendar, which began on 22 March and concludes 21 April, and provides retailers the opportunity to drive activity and sales among certain categories – depending on the level and authenti

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