Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over. The news came after a prolonged decline in sales post-pandemic that left the retailer unable to pay back increasing debt.

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Parcel Pending

OCTOBER 15, 2023

Each year, the back-to-school season ushers in a wave of online orders that encompass everything from essential textbooks and school supplies to personal items, such as clothing, toiletries, and delectable snacks. These deliveries can even include unexpected items, such as bicycles, scooters, couches, futons, and, incredibly, truck tires – a testament to the vast array of requirements for campus living.

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Inside Retail

OCTOBER 15, 2023

ASX-listed jewellery and accessories retailer Lovisa has opened its 200th store in the US at the Cordova Mall in Pensacola, Florida. With the new store, the company now has 800 stores trading across 39 markets. During the 2023 financial year, Lovisa opened 78 stores in the US which is now its largest individual market. The retailer increased its global network by 172 stores during the year. “This milestone is a testament to the hard work, dedication, and outstanding efforts of the team beh

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Inside Retail

OCTOBER 15, 2023

The quality of a shopping mall gets expressed through a broad menu of attributes: tenant mix, mall design, navigability, ease of access and egress, parking spaces, safety, how clean the toilets are, and so on. Not every mall can get everything exactly right, for a variety of reasons, so it’s a process of constant striving and improvement. Often the malls that are doing well get the lion’s share of investment from their owners while the weaker projects are neglected.

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Strategy

Inside Retail

OCTOBER 15, 2023

In a move that sets the stage for a dramatic surge in cross-border e-commerce, Amazon Global Selling Singapore has rolled out its ambitious 2024 strategic blueprint and signed a memorandum of understanding with Nanyang Polytechnic’s Singapore Institute of Retail Studies (NYP-SIRS). The partnership promises to supercharge the global aspirations of Singaporean entrepreneurs and small business owners, equipping them with vital skills and resources to tap into international markets.

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