Wed.May 26, 2021

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This week in property news

Inside Retail

Melbourne Square development complete. The first stage of the Melbourne Square lifestyle and luxury residential precinct is now complete, after four years in development. The $2.8 billion Southbank site includes 1054 luxury apartments, a Taylor Cullity Lethlean-designed public park, Victoria’s first double-storey Woolworths supermarket as well as a childcare centre.

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Under Armour launches flagship store in Dubai Mall Village

Retail Focus

When you think of Dubai, it’s luxury hotels, pristine beaches and supercars that spring to mind. Interestingly though, Dubai is also home to more gyms than any other city in the world. It’s no wonder then that the Dubai Mall Village – often dubbed ‘The Greatest Mall in The World’ – is a who’s who of flagship stores owned by some of the world’s leading sportswear brands.

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Mosaic Brands poised for post-Covid recovery: CEO

Inside Retail

Fashion firm Mosaic Brands has enjoyed a steady growth in sales since Easter, and is now expecting a full-year underlying EBITDA of $48 million for the 2021 financial year – assuming no further widespread lockdowns. And after lowering its cost of doing business, as well as enjoying strong online sales, Mosaic is looking forward to another strong year in FY22, according to chief executive Scott Evans.

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Retailers being targeted by rogue rating surveyors, Parliament hears

Talking Retail

Rogue rating surveyors promising to obtain a marked reduction in business rates bills are “exploiting businesses to sign unfair contracts”, Parliament heard today (26 May). Kevin Hollinrake, MP for Thirsk and Malton in North Yorkshire, named and shamed rogue agents who he claimed are “effectively conning” businesses – including those in the retail, hospitality and.

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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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How H&M took workforce planning to the next level

Inside Retail

In the highly competitive world of fashion retailing, being able to meet the ever-changing demands of customers is a critical requirement. When those customers are spread across more than 70 countries and thousands of stores, the challenge becomes even more acute. Staffing levels in each store need to be carefully matched to ensure sufficient people are rostered on to deal with peaks in customer visits.

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Lime added to Pepsi Max portfolio

Talking Retail

Pepsi Max is adding a Lime flavour to its portfolio, in a move designed to help retailers continue to capitalise on the “growing popularity” of flavoured cola. The flavour will be exclusively available to Londis, One Stop, Premier and Budgens stores from Booker Wholesale from early June, before rolling out further in late August. It. This story continues at Lime added to Pepsi Max portfolio.

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More Trending

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Bolton stores have licences revoked following test purchasing

Talking Retail

Bolton Council’s Trading Standards and Licensing Sub-Committee have taken action against eight retailers selling illicit tobacco in the town. JTI conducted test purchasing in Bolton last summer and found 61% of the stores visited were selling illegal tobacco. These findings were reported to trading standards, which incorporated the evidence in its applications to review the.

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Amazon buys up MGM, announces new CEO’s start date

Inside Retail

Amazon will buy MGM, the fabled US movie studio home to the James Bond franchise, for US$8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+. The deal aims to bolster Amazon’s television-focused studio with new and historic filmmaking from MGM, which has snapped up lucrative series including “Rocky” and “Tomb Raider” since its founding in 1924.

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Usdaw protect shopworkers petition to be debated in Parliament

Talking Retail

Usdaw’s parliamentary petition that seeks to protect retail staff from violence, threats and abuse has been timetabled for a parliamentary debate on Monday 7 June. The petition, which attracted 104,000 signatures, is backed by major retailers and the industry’s leading trade bodies, with research by the Co-op showing its aims have public support. Paddy Lillis, This story continues at Usdaw protect shopworkers petition to be debated in Parliament.

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Abercrombie sales soar after online focus, store reopenings

Inside Retail

Abercrombie & Fitch reported a bigger-than-expected 61 per cent jump in first-quarter sales on Wednesday, as the apparel retailer benefited from shoppers returning to its stores and using its beefed-up online business. Shares of the Hollister and Gilly Hicks owner rose 11 per cent as it also posted a surprise quarterly profit and predicted second-quarter net sales to be at or above the pre-pandemic levels recorded in 2019.

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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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ACS outlines challenges facing c-stores ahead of the introduction of a deposit return scheme

Talking Retail

Association of Convenience Stores has reiterated its calls for the government to take into account the challenges facing small stores ahead of the introduction of a deposit return scheme (DRS). ACS government relations director, Ed Woodall, told a meeting of the Tidy Britain All-Party Parliamentary Group how a well-designed deposit return scheme could work for.

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New, now, next: Mr Porter hunts for menswear designers of the future

Inside Retail

From brand storytelling to circular fashion expertise, the next generation of fashion designers need to be armed with a new set of skills in the current climate, according to Sam Kershaw, buying director at luxury menswear brand, Mr Porter. It’s these skills that Kershaw is keen to instill in emerging designers through the retailer’s inaugural global mentorship program, Mr Porter Futures, which launched last month.

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Nisa partners introduce deals for the Spring Bank Holiday

Talking Retail

Nisa partners are introducing a raft of deals on BBQ and picnic essentials to drive sales in the run-up to the Spring Bank Holiday (29-31 May). Offers are available in participating stores now and include: deals on BBQ lines such as Co-op Irresistible Smoky Pulled Pork Burgers for £2.75 and Asian Style Pork Belly Strips. This story continues at Nisa partners introduce deals for the Spring Bank Holiday.

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Thai startup Pomelo to launch fashion tech platform Prism

Inside Retail

JD-backed Thai fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, its CEO David Jou says, amid slowing offline sales. The women’s fashion firm, which started as an online business in 2013, plans to launch its business-to-business (B2B) unit, Prism, next month to offer services like demand planning and logistics for other fashion and lifestyle 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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The Importance of VM Theater

VMS

Without a doubt, the worldwide Covid pandemic has had serious consequences on our High Streets and shopping malls. It reminds me of the song, “Ghost Town,” written by The Specials some 30 years ago. Retail trading conditions have been tough for a few years and in many cases, Covid was certainly a contributing factor to the closure of many companies.

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Strandbags hit with seven counts of misleading sales practices in New Zealand

Inside Retail

Strandbags has been hit with seven charges of breaching New Zealand’s Fair Trading Act over its discounting and sales practices. The Commerce Commission alleges that between July 2018 and January 2020, Strandbags used misleading sales practices to sell a number of its products, such as claiming its products were being sold for a discounted price when they were not.

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Wilko underperforms other essential retailers during COVID-19, says GlobalData

Retail Times

Following today’s release of Wilko figures for FY2020/21; Amy Higginbotham, senior retail analyst at GlobalData, a leading data and analytics company, offers her view: “Given Wilko’s status as an essential retailer, which has allowed it to keep stores open during periods of lockdown, its sales growth for the year to the end of January 2021 is disappointing.

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Thai startup Pomelo to launch fashion tech platform Prism

Inside Retail

JD-backed Thai fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, its CEO David Jou says, amid slowing offline sales. The women’s fashion firm, which started as an online business in 2013, plans to launch its business-to-business (B2B) unit, Prism, next month to offer services like demand planning and logistics for other fashion and lifestyle brands.

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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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The Perfume Shop relaunches Rewards Club

Retail Times

This month sees a brand new look for The Perfume Shop’s Rewards Club, as the benefits available to members undergo an overhaul in the Club’s 10th anniversary year.

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Take That, Tired Narrative: Research Says Physical Stores Benefit When Customers Buy Online

VMS

New research throws cold water on the notion that expanding e-commerce options hurt physical stores, with Harvard Business Review offering evidence of just the opposite. In an article expounding on their research, Dr. Michael Ketzenberg and Dr. M. Serkan Akturk say they found that buy online, pick up in-store (BOPIS) service can help retailers boost in-store sales.

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Maia Active Flagship Store – An Energy Field full of Macaron Colors

Home World Design

MAIA ACTIVE is an activewear brand co-founded by two Chinese designers. It emphasizes sports aesthetics, and strives to provide Asian females with lightweight, comfortable and stylish products. Continue reading.

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Retail crime getting worse, data shows

Talking Retail

Incidents of violence and abuse towards shopworkers are continuing to rise, new figures reveal. The British Retail Consortium’s 2021 Retail Crime Survey shows there were 455 incidents of violence or abuse towards shopworkers each day in 2019/20, up 7% from 2018/19, The data reveals that the total cost to retailers of crime and crime prevention.

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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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Coca-Cola HBC to digitally transform its end-to-end planning with Blue Yonder

Retail Times

The COVID-19 pandemic has changed consumption patterns as bars and restaurants were closed and more people re-created their consumption routines at home. This means that beverage producers need the ability to better predict demand to ensure they match planned production to customer needs. To improve visibility and seamlessly orchestrate its supply chain, Coca-Cola HBC has chosen Blue Yonder’s SaaS-based Luminate™ Planning solutions to power its end-to-end supply chain.

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Ocado Retail to expand its reach

Talking Retail

Ocado Retail, the joint venture between Ocado Group and Marks & Spencer Group, has unveiled plans to invest to increase the reach of the business into parts of the UK that it does not currently serve fully. In addition, it plans to open more than 12 Zoom sites expanding its immediacy proposition across London and major UK. This story continues at Ocado Retail to expand its reach.

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Free-from foods frozen awards point to future growth

Retail Times

Free-from innovations could help maintain the long-term growth of frozen food, says the British Frozen Food Federation (BFFF).

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Sainsbury’s unveils new brand commitment

Talking Retail

Sainsbury’s has unveiled its new brand commitment to help the nation make healthier choices. The change, which will see the supermarket giant retire its longstanding ‘Live Well for Less’ motto, will see the supermarket give customers advice based on the principles of the government’s Eatwell Guide. Sainsbury’s is launching its new ‘Helping Everyone Eat Better’.

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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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Overdue online focus critical for M&S’ recovery, says GlobalData

Retail Times

Following today’s release of M&S figures for FY2020/21; Chloe Collins, head of apparel at GlobalData, a leading data and analytics company, offers her view: “Though M&S now insists it will never be the same again, its FY2020/21 results prove that it should have changed its ways sooner. Group revenue within the most disruptive of years fell by £1,015m to £9,166.9m, driven by a 31.5% decline in UK Clothing & Home sales, as its failure to fully embrace and develop its online channel

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Max Mara, London

Retail Store Windows

This is such a wonderfully fresh and clean scheme right now at this brand. We love the partial Architectural elements included in the scheme on a very slick Black floor. The Bonaveri figures are of course very beautiful although the brand have used these for quite a few years. Naturally sustainability is becoming more and more important not just across society generally but also increasingly so in retail.

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St James Quarter signs critically acclaimed restaurant Ka Pao

Retail Times

St James Quarter, the 1.7 million sq ft city centre development in Edinburgh, has announced the signing of Ka Pao to infuse some South East Asian flavour to an already exciting and varied feast of Scottish and international food and beverage options as St James Quarter prepares to open its first phase from 24 June 2021.

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Redstone Foods Delivering Fun Candy Supplies- Interview with Jim Woods

Mindful Design

For candy lovers, Redstone Foods sounds like a fascinating workplace. For business owners looking for a reliable wholesale distributor of candy supplies, the company may be the one-stop solution to their search. Today, we talked to Jim Woods, territory manager at Redstone Foods, about the company’s past and present. As the largest wholesaler in the […].

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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