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The beauty service chain is looking to cash in on a long-held economic theory in retail, dubbed the ‘lipstick effect’, that in times of economic hardship, consumer spending on beauty and feel-good services remains strong. The leading national cosmetic and injectables chain has tapped Liquidity to manage its IPO which closes on October 14.
The move was welcomed in New Zealand, where Countdown Supermarkets was one of the first employers in the region to launch a Gender Affirmation Policy back in 2017, prior to combining the policy with the wider Woolworths Group the following year. The same goes for consumers. “I I am very proud that Allianz has taken this important step.
In the Federal Court the business admitted to staff breaching consumer law at five of its licensed Telstra stores when they manipulated credit assessments to make customers that would fail such an assessment would instead pass, failed to properly explain potential costs and mischaracterised devices as ‘free’, when they were anything but.
This represents the largest year-on-year increase since the score begun being calculated in 2017, and is largely due to cautious consumerism and a focus on saving, rather than spending, during the pandemic. ” The post Spending intentions up after Australians save their way through pandemic appeared first on Inside Retail.
Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas. And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis.
Manufacturing and consumer goods company BWX is branching out beyond natural beauty into vegan and cruelty-free products with its acquisition of leading eco-friendly online retailer Flora & Fauna. It comes as younger consumers increasingly consider the environmental and ethical impacts of their purchasing decisions. .
How Showfields veered off course Showfields was co-founded in 2017 by Katie Hunt, Tal Zvi Nathanel , and Amir Zwickel. It acted as a platform for consumers to interact with and learn about a rotating variety of omnichannel and digitally native brands, by way of QR codes. Did we execute everything perfectly?
Launched in 2017, wholesale platform Foodbomb connects restaurants and cafes with a marketplace of around 160 suppliers, simplifying the ordering process. But, in the wake of the Covid-19 pandemic, the business opened its doors to direct-to-consumer (D2C) sales to buoy the market through periods of empty supermarket shelves.
Despite the numerous obstacles the retailer faced in 2020, Jeanswest managed to retain the trust and loyalty of consumers, recently taking the title of Clothing Store of the Year 2020 in the Roy Morgan Customer Satisfaction Awards. Yeung said these e-commerce giants are an important factor in growing the brand’s consumer base. “We
While the subject of cannabis legalisation still divides countries around the world, there is no denying the influence that legal cannabis products are having on retail and consumer goods. There is sometimes confusion among consumers about the safety and legality of products such as hemp and cannabidiol. per cent from 2021 to 2028.
Stocking a range of vegan, cruelty-free and eco-friendly beauty, personal care, lifestyle, baby and kids, pet, food and health products, the online retailer quickly connected with consumers who shop with sustainability foremost in mind. . She ranked first in Inside Retail ’s Top 50 People in E-Commerce in 2019 and 2021. million in May 2021.
Back to the future “ Product trends are constantly evolving,” Sarah Hunter, managing director of Officeworks, told Inside Retail. Another way Officeworks’ connects with consumers beyond the transacion is through its website.
The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030. In recent years, India has emerged as a major market for luxury brands.
Back in time The story starts in 2017, when then-CEO and managing director John Humble went on a bit of a buying spree. Towards the end of 2017, BWX told investors it was finished with its round of acquisitions and would focus on building out the offer it had assembled. The consumer wants the product. It’s a long story.
As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). First opened in 2017, Nio aimed to design an experience beyond just selling a car through its exclusive lounge concepts and on-site perks.
And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items. As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.”
The evolution of once seemingly functional items, such as luggage, shoes and the humble water bottle, into status symbols, has led particular brands to develop cult followings and created opportunities for new products and services that cater to these consumer obsessions. The #airportoutfit has amassed over 690.3 I know what I want.
Two years after stepping down from his role as executive general manager of national salon chain Hairhouse, Steve Terry is back with a new wellness venture that is part online retailer, part digital magazine and part events business. McKinsey recently estimated the global wellness market at more than US$1.5
Brosa attracted $5 million in Series B funding in 2017. It expanded from e-commerce – opening stores in Melbourne and Sydney in 2017 an d 2020 – invested in its technology capabilities, and strengthened its supply chain over the last few years.
Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. Today’s consumers expect more than just personalised experiences. And consumers can feel it. Creating cohesive customer experiences. Revolutionising loyalty programs.
per cent increase in the number of consumers that purchased from brands powered by Shopify, with Australians ranking fourth globally in total spend. While Chadstone was not yet ready to provide data, its centre manager Daniel Boyle told Inside Retail that Black Friday has continued to increase in popularity and productivity over the years.
We grew relatively quickly in Singapore, and we entered Australia in 2017, but at that time, we were still very naive. The first is what happened to consumer behaviour. The definition of home changed during Covid – suddenly, consumers had no choice but to buy online. Every year we just picked a different problem to solve.
At the World Retail Congress in Paris, industry executives and experts weighed in on a panel to advise retailers on the best strategies to improve employee retention, create jobs that meet needs and ensure effective management. asked David Sinclair, a partner at OC&C Strategy Consultants in the retail and consumer sector.
More recently, the company’s offline efforts have been in the convenience space, with the launch of its cashierless Amazon Go stores, and grocery, following its acquisition of the upscale US grocery chain Whole Foods in 2017. In April, Amazon opened a hair salon in London.
While the pandemic and subsequent ecommerce explosion have driven strong demand for true omnichannel supply chain commerce solutions, it has also fuelled a less immediately obvious longer-term move towards direct-to-consumer (D2C) fulfilment too. Take Adidas as an example. Nimble Is the Name of the Game .
We obviously knew of the brand and – from a product and consumer perspective – we felt that it would fit in well with our business,” he said. “We Seamless channel movement In 2017, MFG finalised the acquisition of Fusion Retail Brands, which saw labels such as Williams, Mathers, Diana Ferrari and Colorado join its existing brands.
Here, Alias Mae’s general manager Kendra Anastasiadis speaks to the evolution of the business, which she joined in 2017 as the customer service and wholesale manager, how it diversified into direct-to-consumer (DTC) e-commerce, and what is next for the business. Our major wholesale accounts are managed in-house.
Finding a way to cut out handwork in China and Bangladesh would allow more clothing manufacturing to move back to Western consumer markets, including the United States. But that’s a sensitive topic. The global apparel market is estimated to be worth US$1.52 trillion, according to independent data platform Statista.
In recent years, consumer awareness around sustainability has continued to grow, as shoppers are now demanding to know the origin of the products that they purchase. There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication.
According to data provided by Adobe Analytics, online Black Friday shopping in the US hit new heights in 2024, with consumers spending a record US$10.8 To put these numbers into perspective, that is more than double what US consumers spent online on Black Friday 2017, which drove US$5.03 billion online on Friday, up 10.2
Most visible, however, was the decision to discontinue its sexualised marketing as consumer preferences had clearly moved on. Long-time CEO Michael Jeffries was ousted from A&F at the end of 2014, and was eventually succeeded by Fran Horowitz in 2017. This included the images on in-store photos, gift cards and shopping bags.
While the luxury sector remains uncertain as Chinese consumer demand slows, industry experts think Burberry’s staggering performance indicates deeper, systemic issues within the brand. It is all very well having a new brand vision: but you need to take consumers with you on that journey,” Saunders added. What has gone wrong?
Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. And gaining unique insights into consumers’ likely purchasing behaviour is now possible through the CommBank Household Spending Intentions (HSI) Index.
According to the company, Freshippo’s private-label products, such as Freshippo Daily Fresh, Freshippo Kitchen, and Difresco, have been well-received by customers since their launch in 2017. ” said Yanni XU, export manager of international business at Freshippo. .
Since 2017, Dollar General has faced over US$21 million in reported fines from over 240 inspection s. In Australia, the Reject Shop and Dusk were fined A$240,000 by the Australian Competition and Consumer Affairs Commission (ACCC) for selling potentially lethal button batteries. French sporting chain Decathlon was fined A$1.5
On Friday, JB Hi-Fi Group CEO Richard Murray officially left the consumer electronics company, where he has held various roles for the past 18 years, to lead Solomon Lew’s Premier Retail business; Terry Smart, previously managing director of The Good Guys and CEO of JB Hi-Fi, took over the top position.
Consumers are making more considered purchase decisions, driven by technology, comfort, sustainability, and design, and footwear brands need to be clear about the value we add. Our strategy for finding the next generation of Camper consumers is continuing to offer inventive footwear concepts and having a digital-first marketing strategy.
Frazier was most recently GNC’s SVP of Operations and joined the company in 2017 originally as the VP of Franchise Operations. Mattson joins GNC from Zappos (Las Vegas), where she held the role of General Manager of Merchandising Strategy, New Business Development and Women’s Fashion.
Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.
As national retail manager at Godiva Australia, Haley Koo is involved in almost every touchpoint of the business, including new store openings, product development and packaging transformation. Haley Koo: In my six-year tenure at Godiva, I have moved from retail operations and store launch management to national retail manager.
Two weeks later, Telstra was hit by a similar attack, which exposed the names and email addresses of its employees dating back to 2017. Optus’ CEO Kelly Bayer Rosmarin said that no passwords or financial details were compromised. A Telstra spokesperson didn’t clarify how many staff were affected. million customers’ data had been accessed.
After Pas Group merged with Brand Collective earlier this year , the brand was reorganised to sit within the same team that manages Superdry in Australia and New Zealand – under general manager Antony Hampson. Hampson said the team managing Replay would seek to avoid these pitfalls.
We also opened stand-alone stores in Los Angeles and New York in 2016 and 2017. We did exclusive deals with Barneys, Kith and Selfridges, and we right-sized our business, so we were able to manage the cash flow much more effectively, because we had a much more structured approach. Can you share what that looks like today?
It acquired upscale US grocery chain Whole Foods in 2017, and now operates multiple bricks-and-mortar bookstores, 4-star stores (which stock a range of highly rated products) and Amazon Go convenience stores. Here is everything you need to know about Amazon Style – from how it works to what it means for the competition.
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