Wed.May 29, 2024

article thumbnail

Retail Reimagined: The Rise of Experiential Shopping

Retail Focus

Retail is changing, and experiential shopping is at the heart of this transformation. Unlike traditional shopping, which focuses on buying products, experiential shopping is all about creating memorable, engaging experiences for customers. It uses the latest technologies, interactive settings, and personalised services to make shopping more exciting and enjoyable.

Reimagine 130
article thumbnail

Miniso Australia business collapses – again

Inside Retail

Miniso ‘s business in Australia collapsed into administration for the second time, with the Chinese variety retailer appointing Melissa Lau, Andrew Spring and Peter Moore from insolvency firm Jirsch Sutherland as administrators earlier this month. This is the second time the local master franchisee of the Chinese discount variety products retailer has entered administration, having previously undergone a restructuring in 2020.

Shopping 311
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Psychology of Spending: How Neteller Impacts Consumer Behaviour in Retail and Gambling

Retail Focus

In the modern era of digital transactions, payment methods significantly influence consumer behaviour, especially in the realms of retail and gambling. Neteller, a popular e-wallet service, has become a prominent player in this landscape. This article delves into the psychology of spending, examining how Neteller impacts consumer behaviour, particularly focusing on Neteller casinos in the UK.

Consumer 130
article thumbnail

Why faux websites are costing Aussie e-commerce businesses more than money

Inside Retail

The rise of online shopping scams presents significant reputational risks for e-commerce businesses of all sizes if they don’t take proactive measures to help protect consumers. Last year, Aussie online shoppers lost more money than ever to scams, including various ‘trojan horse’ methods that imitate e-commerce retailers. The most lucrative months for scammers last year were May and June, although the number of reports to Scamnwatch wasn’t significantly higher than the rest of the year.

article thumbnail

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.

article thumbnail

LUTRON: At the Forefront of Lighting Innovation

Design Middleeast

Hanine Chayeb, Regional Sales Manager at Lutron Electronics, UAE & Saudi Arabia, talks about her goals and priorities, new offerings, the evolution of lighting controls, and emerging trends in the industry. What are your main priorities and goals in your role? My main aims and goals in this role are focussed on the residential luxury market in the UAE and Saudi Arabia.

Light 109
article thumbnail

The Memo opens two Melbourne boutiques

Inside Retail

The Memo will launch two locations in Melbourne to expand its footprint in the premium baby retail market. The company will open the doors to its Fitzroy location on May 31, while the second store, which is also the largest, will be unveiled on June 22 at Highpoint Shopping Centre in Maribyrnong. The stores will offer products from Leander, Baby Bjorn, Bugaboo, and Stokke, as well as exclusive items from Portier, Redsbaby, and Brillo.

Boutique 278

More Trending

article thumbnail

How Mastani’s creative director Kudrat Makkar advocated for inclusivity at AFW

Inside Retail

Mastani has been part of the Australian fashion landscape for six years but its Australian Fashion Week (AFW) runway debut cemented the brand as a force for change. The Mastani runway was a celebration of craftsmanship and inclusivity, with hand-loomed, silk and hand-marble-printed looks and models of diverse ages, sizes and ethnicities. The founder and creative director of Mastani, Kudrat Makkar, centres her designs around her Indian heritage and hopes to bring her customers into the world of

Fashion 278
article thumbnail

Sustainability Innovation Awards 2024: Nominations Open

Design Middleeast

Nominations are now open for the Sustainability Innovation Awards 2024, the event is taking place on August 30 in Dubai The Middle East faces both challenges and opportunities in its pursuit of sustainability. As major producers of oil and gas, GCC countries have historically relied on fossil fuels for economic growth, posing environmental concerns such as air pollution and carbon emissions.

Promotion 101
article thumbnail

Why it’s good to be a mall operator in the Philippines right now

Inside Retail

There’s a rocket under mall rents in the Philippines. SM Investments, the holding company for separate business units involved in retail, property and banking, has given investors an encouraging update on its business performance and strategy, along with its annual report released on April 8. One of the company’s components, SM Prime, is the largest mall operator in the Philippines with more than 20,000 tenants.

article thumbnail

Tesco has wind in its sails as it announces programme of new green electricity projects

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Tesco has continued with its ambitious, industry-leading renewable electricity programme with the announcement it has signed a new deal to take 150GWh of power from Stranoch windfarm every year. The windfarm, being built by EDF Renewables UK, has started construction this week and is due to become operational in 2026 generating 102MW, with 20 turbines

98
article thumbnail

eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

article thumbnail

Foodifox finds high demand for thermal lockers in high-rise apartments

Inside Retail

Australian startup Foodifox has launched its thermal food lockers initiative at Victoria’s Swanston Central in response to growing demand for meal delivery to residents of high-rise apartments. The collaboration allows delivery companies and Foodifox to serve the occupants of more than 1000 apartments in the building. “The Foodifox service team ensured there was a representative onsite (during peak lunchtime and dinner periods) to teach both delivery drivers and residents how easy the lo

Other 147
article thumbnail

Co-op serves-up fresh price cuts across fruit and veg range

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op is chopping prices for its member owners across up to 54 fruit and veg lines, it has been announced today (Wednesday, 29 May), with the move set to include its long-standing ‘Fresh 3’ promotional offer as the retailer continues its investment in price reductions.

article thumbnail

How to transform returns from a costly headache into a profit centre

Inside Retail

For most retailers selling online, returns generate their greatest customer service challenges and inevitably drain profitability. But that need not be the case with careful planning and the deployment of the right technology. “Up to 30 per cent of your sales may end in a return, and up to 50 per cent of an item’s original value makes up the return cost, including shipping, warehousing, and labour costs,” explains Tara Daly, senior director of product marketing at Loop Returns.

article thumbnail

The Perfume Shop to open Athlone store on 31 May 2024

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The Perfume Shop is poised to open the doors to another new and improved experiential store in Athlone Town Centre on Friday 31 May 2024. Opening in just a few days, the iconic retailer, who this year celebrates its 32nd Birthday, will be continuing to offer the hottest perfume launches, celebrity fragrances and classic designer […] If you want mor

article thumbnail

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

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

article thumbnail

How to transform returns from a costly headache into a profit centre

Inside Retail

For most retailers selling online, returns generate their greatest customer service challenges and inevitably drain profitability. But that need not be the case with careful planning and the deployment of the right technology. “Up to 30 per cent of your sales may end in a return, and up to 50 per cent of an item’s original value makes up the return cost, including shipping, warehousing, and labour costs,” explains Tara Daly, senior director of product marketing at Loop Returns.

article thumbnail

Innovative Finishes for Commercial Interior Design – 5 Trends and Options

Mindful Design

In the field of commercial interior design, evolution is constant, with innovative finishes turning into trends that respond to an ever-changing industry. If you are a restaurant, cafe or dessert shop owner and plan to update your commercial space, learning about what is new in the world of design materials can lead you to unique […] The post Innovative Finishes for Commercial Interior Design – 5 Trends and Options appeared first on Mindful Design Consulting.

article thumbnail

Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

Last week, Abercrombie & Fitch Co reported a 22.1 per cent year-over-year increase in net sales in Q1, to just over US$1 billion, marking the best first quarter in the company’s history. Net income rose six times over to hit US$115.1 million, with gross margin expanding by 540 basis points to hit 66.4 per cent. The results are impressive considering less than 10 years ago, in 2016, the company’s namesake brand, Abercrombie & Fitch, was ranked as one of the most hated retaile

article thumbnail

Why Smart Lockers Are More Efficient Than Manual Package Management

Parcel Pending

Package Problems Aren’t Going Away In the era of e-commerce, online shopping has become a staple of everyday life. The convenience of purchasing goods with a few clicks and having them delivered to your doorstep is unmatched. However, for multifamily property managers, this surge in e-commerce brings a daunting challenge: package management. According to industry projections, parcel shipping volumes are expected to reach 200 billion by 2025. 1 It should come as no surprise, then, that a recent N

article thumbnail

Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

article thumbnail

Marks & Spencer announces new chief financial officer

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Marks and Spencer Group plc today announces Alison Dolan will join the Board as chief financial officer. Dolan will take over from interim CFO Jeremy Townsend who will remain in post as planned until May 2025.

article thumbnail

Prime Day 2024: Predictions and How to Prep Your Property

Parcel Pending

Here we go again! Amazon is getting ready to light up the internet with its annual Prime Day sale, anticipated to occur in July 2024 . With sales expected to leapfrog over last year’s $12.9 billion, now is the time to start preparing your multifamily property for the onslaught of your residents’ Prime Day packages. 1 2024 Prime Day Predictions The 2024 sale marks the 10th annual iteration of Amazon’s now two-day event, Prime Day.

article thumbnail

One Water announces partnership with Wild Goat Festival

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Ethical Hydration Brand One Water will be the Official Water Partner for fitness focussed festival, Wild Goat (31st May – 2nd June 2024). The festival aims to bring families together in the outdoors for an action packed weekend of running, cycling, fun activities and features sporting greats such as Paula Radcliffe, Chris Thompson and Non Stanford.

Outdoor 52
article thumbnail

Unlock exclusive savings in June with Deliveroo Plus

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! This June, Deliveroo is rewarding loyal Plus members across the UK and Ireland with even more ways to save money as it launches ‘Plus Month of More’ – a first-of-its-kind month of exclusive member-only discounts and deals.

52
article thumbnail

Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

article thumbnail

Boots brings the heat to Love Island as official beauty partner for latest series

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Boots, the UK’s leading health and beauty retailer, is set to be the official beauty partner of ITV2 Love Island for the highly anticipated latest series. The partnership will see Boots exclusively stock the villa with over 1,700 unmissable beauty must-haves across premium makeup, fragrance, skincare, suncare, grooming, indulgent bathing, haircare

article thumbnail

NatWest rolls out Mastercard Business SavingsTM to business debit cardholders

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! NatWest has extended access to Business Savings from Mastercard to business debit card customers. Business Savings is a merchant discount programme provided by Mastercard which gives small business customers access to merchant offers when paying with an eligible Business Mastercard at merchants participating in the programme.

52
article thumbnail

JD & Under Armour transform Westfield into an urban playground across the Bank Holiday Weekend

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Westfield Stratford City became an Urban Playground this weekend as JD, the leading retailer of sports fashion and footwear, teamed up with leading athletic performance, footwear and accessories brand Under Armour, to unveil a 10 metre wide, street-inspired challenge arena.

article thumbnail

pladis completes female-dominated leadership team with new R&D appointment

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! pladis, the global snacking company behind some of the UK’s most loved and iconic brands, including McVitie’s, Jacob’s and Carr’s, has appointed Taryn-Lisa Molle-McConnell to the role of vice president of R&D, UK & Ireland.

Line 52
article thumbnail

How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

article thumbnail

Remedy, the UK’s leading kombucha brand, launches into Asda

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! This month, the market leader Remedy Kombucha can proudly announce the availability of its Wild Berry and Raspberry Lemonade flavours in Asda stores nationwide and online at Asda.com (4 x 330ml; RRP. £5.50), the launch signifying a kombucha category first as Remedy becomes the first kombucha to be available in the UK’s ‘Big Five’ supermarkets […] I

article thumbnail

Morrisons looks to boost health and beauty impulse purchases with Harrison shelving systems

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The challenge The retail landscape in the UK is ever-changing, and consumer behaviour is regularly shifting based on the season, wider economic factors and even social media. This also impacts impulse purchases which, according to Vanquis, amounts to £9.7 billion of spending in the UK as of 2023.

article thumbnail

Yorkshire retail park thriving thanks to strategic location and support for independents

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Battered by rising overheads and competition from ecommerce, it’s no secret that the traditional British High Street is in steep decline. Retail parks tend to fare slightly better and many saw an increase in footfall during the last major peak shopping period.

article thumbnail

Chocolatier launches brand new half-moon praline boxes and FrischSchoggi flavours during Ramadan

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As we approach Eid al-Adha, Läderach, the premium Swiss chocolate company with the reigning World Chocolate Master at its helm, is delighted to present its exclusive collection of Eid chocolate gifts, designed to capture the essence of this blessed occasion and share the joy with loved ones.

Gifts 52
article thumbnail

A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.