Inside Retail
AUGUST 25, 2024
Convenience chain 7-Eleven is embarking on a bold strategy to double its footprint in 10 years as it drives growth in new markets. Fiona Hayes, CEO, 7-Eleven, revealed the plan to the delegates at the Australian Franchise Summit in Melbourne today. “7-Eleven has been a leader here, particularly in convenience where we have about 33 per cent of the market, and 11 per cent of the fuel market.
Retail Focus
AUGUST 25, 2024
The retail world and gambling space have two things in common—both have a high market value and a broad customer base. According to Research and Markets, the retail market size is expected to grow to over $40 trillion by 2024, and the gambling market is expected to hit over $700 billion by the same year, according to The Business Research Company. From these stats, you can see that both industries are flourishing and can learn a lot from each other.
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Inside Retail
AUGUST 25, 2024
Adore Beauty enjoyed improved earnings in the last fiscal year, thanks to the record number of returning customers, accounting for 79 per cent of product sales. The online beauty retailer’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 661 per cent to $4.8 million while revenue grew 7.4 per cent to $195.7 million.
Retail Focus
AUGUST 25, 2024
Whether it’s buying something online or paying bills, we often hunt for the best coupon codes and vouchers to squeeze out some extra discounts. These coupons and vouchers create a win-win situation for both the brand by reaching out to potential customers as well as for the customer, who saves a chunk of money using them. You can save up to 90% in some cases when you make purchases of groceries, clothes, or even entertainment items.
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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.
Inside Retail
AUGUST 25, 2024
Endeavour Group’ s net profit fell 3.2 per cent to $512 million, while sales increased 3.6 per cent to $12.3 billion amid improved performance of its retail and hotel segments in the last fiscal year. Pre-tax earnings from its retail segment – that includes Dan Murphy’s and BWS – rose 4.1 per cent to $685 million as sales climbed 3.4 per cent to $10.25 billion.
Retail Focus
AUGUST 25, 2024
Digital transformation is drastically changing the retail sector, affecting business operations and customer interactions. This evolution involves integrating advanced technologies such as AI, IoT, and big data analytics into traditional retail practices. Consequently, these innovations are transforming the retail scene and deeply impacting how consumers behave.
Create Retail Today brings together the best content for Retail Design professionals from the widest variety of industry thought leaders.
Retail Focus
AUGUST 25, 2024
Regardless of what the HR policies declare about workplace dating policies, workplace romance is inevitable. In almost every country around the world, people spend 8 to 15 hours in their workplace, which leaves them little time to go on a date and meet someone new besides their coworkers. So, what is wrong with retail co-workers dating and being in a romantic relationship?
Inside Retail
AUGUST 25, 2024
Kogan is back in the black despite lower revenue during the last fiscal year. The online retailer’s net profit attributable to shareholders was $21 million, a significant turnaround from a loss of $4.3 million in the preceding year. Revenue dipped 6.1 per cent to $459.7 million. The number of Kogan First loyalty program subscribers rose 25 per cent to over 502,000, and of Mighty Ape (New Zealand) subscribers by 35 per cent to 23,000. “Our business returned to a position of profitabil
All Work
AUGUST 25, 2024
To attract employees back, offices need to be redesigned to offer home-like comfort, personalization, and added amenities such as wellness facilities and ergonomic workspaces. The key to accommodating current trends involves flexible, shorter-term leases with fully fitted spec suites, allowing quick and cost-effective customization. Getting people back to the office involves two key conversations: one with tenants about their specific needs, and another with property owners about creating more f
Inside Retail
AUGUST 25, 2024
As India’s quick-commerce market continues to flourish with a focus on delivering groceries and consumer goods in record time, e-commerce players are now setting their sights on changing the food delivery sector. The idea of integrating quick-commerce (q-commerce) principles into food delivery is undoubtedly appealing to consumers who value speed and convenience.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
CAAD
AUGUST 25, 2024
Artificial Intelligence (AI) has profoundly transformed the retail design industry , especially since the pandemic. This new technological era brings advanced tools that enhance creativity, efficiency, and personalization in both physical and online stores. But how exactly can AI help, and what are the key benefits? Let’s explore this in more detail.
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