Inside Retail
AUGUST 14, 2022
Trans-Tasman electronics retailer JB Hi-Fi has reported record earnings backed by strong online growth in its full-year results. The business says total sales grew 3.5 per cent to $9.23 billion while tax-paid profit rose 7.7 per cent to $544.9 million. E-commerce revenue grew 52.8 per cent to $1.63 billion, accounting for 17.6 per cent of all sales.
Design Wanted
AUGUST 14, 2022
Focusing on both a digital and a traditional physical experience, combining the finest of design, lifestyle, and technology – Moooi presented ‘A Life Extraordinary’, a multi-sensory […]. The post Blending our physical world with the digital space appeared first on DesignWanted.
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Inside Retail
AUGUST 14, 2022
In Asia,quick commerce has greatly accelerated over the past two years, with the onset of the pandemic, and in Hong Kong, the consumers have always wanted to experience convenience and speed in this space. There was also a growing need for more variety, as consumers spent more time at home due to movement restrictions and began to have higher expectations of their delivery services.
Inside Retail
AUGUST 14, 2022
In Asia,quick commerce has greatly accelerated over the past two years, with the onset of the pandemic, and in Hong Kong, the consumers have always wanted to experience convenience and speed in this space. There was also a growing need for more variety, as consumers spent more time at home due to movement restrictions and began to have higher expectations of their delivery services.
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Inside Retail
AUGUST 14, 2022
JB Hi-Fi has emerged from another difficult financial year relatively unscathed , with total sales up 3.5 per cent to $9.2 billion, net profit up 7.7 per cent to $544.9 million, and a 10 per cent boost to its dividend per share, to $3.16. With customers more and more comfortable with purchasing bigger, bulkier items online, JB Hi-Fi’s online sales also jumped 52.8 per cent, to $1.6 billion, representing 17.6 per cent of total sales.
Inside Retail
AUGUST 14, 2022
Earlier this month, social video platform TikTok expanded its UK TikTok Shop offering to allow customers to buy fresh food directly through the platform. UK food brands such as Pasta Evangelists, The Fish Society, The Veg Box Company, ByRuby, and Exalt are now able to sell their product directly through their TikTok Shop pages – something that had previously been possible only for discretionary items.
Create Retail Today brings together the best content for Retail Design professionals from the widest variety of industry thought leaders.
Inside Retail
AUGUST 14, 2022
Fast-fashion brand Zara has released a sustainable capsule range in collaboration with Swedish sustain-tech company Renewcell. The collection has been created using Circulose, Renewcell’s branded material made from 100 percent textile waste. The Renewcell x Zara range of cream-coloured products includes a rib knit tunic top and rib knit pants, maxi dress with sweetheart neckline, buttoned sleeve knit top, eyelet knit sweater, and cut out maxi dress.
Inside Retail
AUGUST 14, 2022
From offering AR and VR games to daily livestream sessions and an in-store cafe, technology giant HP is stepping into the next era of experiential retail with the launch of its first Experience Hub in Southeast Asia. “In the past two years, we have seen a seismic shift in the way consumers in Southeast Asia purchase technology,” Alex Tan, managing director for HP Malaysia told Inside Retail.
Inside Retail
AUGUST 14, 2022
Earlier this month, social video platform TikTok expanded its UK TikTok Shop offering to allow customers to buy fresh food directly through the platform. UK food brands such as Pasta Evangelists, The Fish Society, The Veg Box Company, ByRuby, and Exalt are now able to sell their product directly through their TikTok Shop pages – something that had previously been possible only for discretionary items.
Inside Retail
AUGUST 14, 2022
On 12 July, a rumour circulated on social media that the chairperson of Vingroup, which includes Vincom Retail, Vietnam’s largest mall operator, had been barred from leaving the country. The rumour went viral and the effect on Vincom’s share price was as sharp as it was immediate, with investors dumping the stock as fast as they could. Later, the government refuted the report and a Hanoi resident alleged to have been behind the fake news was marched out for the media.
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