Sun.Jul 14, 2024

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Australian shoppers still value sustainability, ACRS report finds

Inside Retail

About 46 per cent of Australian shoppers in a survey by Monash Business School’s Australian Consumer and Retail Studies (ACRS) said sustainability is a significant factor when making a retail purchase. Of 1002 respondents, 30 per cent said they frequently look for sustainable products while only 12 per cent do not. Recyclable packaging emerged as the top sustainable consideration at 62 per cent, followed by recyclable products at 59 per cent and products being made from recycled materials

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From Passive Spaces To Active Contributors: The Meeting Rooms Of Tomorrow

All Work

Future meeting rooms will use AI, wearable technology, and smart building controls to create environments tailored to participants’ needs and preferences, enhancing productivity and well-being. Existing technologies like smartwatches and wellness rings will communicate with room sensors for real-time adjustments in lighting, temperature, and other environmental conditions.

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Hog’s Breath plans to open 20 more restaurants

Inside Retail

Hog’s Breath Cafe is looking to rebuild its restaurant footprint, and has plans to open another 20 restaurants by 2029. CEO Steven Spurgin told Franchise Executives reaching the milestone will depend on the economy and any external financing. “Right now we are negotiating with financial partners for us to expand faster,” Spurgin said. “We have investors willing to fund building projects, enabling franchisees to join without needing upfront capital to build a restaurant.

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Bunnings to update product packaging to address lead exposure concerns

Inside Retail

Bunnings is changing the packaging of products containing lead amid concerns about customers and workers being exposed to the hazardous metal, the ABC has reported. Shop, Distributive and Allied Employees’ Association (SDA) officials conducted inspections in at least three states and sent the ABC photos of potentially hazardous lead dust on the shelves.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Champion launches global Creators program to inspire innovators

Inside Retail

Fashion label Champion has launched the Champion Creators Program, which will fund innovative and meaningful projects. The program is part of the ‘Champion What Moves You’ initiative and offers creatives the opportunity to win $50,000 in financing and product blanks. Announced earlier this year at the brand’s ‘No Permission’ exhibition in New York’s Brooklyn, the program was first launched last year and is created in partnership with 72andSunny New York.

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How US retailers are preparing for this year’s holiday shopping period

Inside Retail

For retailers, few dates on the calendar are as busy or tricky to navigate as the yuletide season. According to the National Retail Federation, US holiday sales exceeded US$964 billion in 2023, marking a 3.8 per cent increase from the year prior. With the peak trading period only a few months away, now is truly the time for retailers to double down and invest their efforts into optimising their inventory and fulfillment operations.

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Fast Retailing CIO talks RFID, self-checkout and continuous improvement

Inside Retail

What does a retailer do when it has developed a self-checkout system broadly considered in the industry as the best in the world? If you’re Fast Retailing, you try to make it even better. “The current version of our self-checkout system is not yet complete,” the company’s group executive officer, CIO, Takahiro Tambara told Inside Retail in an exclusive interview on the sidelines of the recent NRF Asia Pacific show in Singapore.