Wed.Aug 21, 2024

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9 Customer Engagement Strategies for Product Startups

Retail Bound

As a product startup, one of your main goals is to not only attract customers but also build a loyal fanbase. After all, it’s the loyal customers who will keep coming back and serve as brand advocates for your product. But with so many other startups vying for attention in the market, how do you stand out and engage with your customers in a meaningful way?

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Universal Store’s net profit surges 45.3 per cent

Inside Retail

Universal Store Holdings saw its net profit surge 45.3 per cent to $34.3 million in the last fiscal year, thanks to group sales rising 9.7 per cent to $288.5 million. The company attributed the increase to the continued growth of its Universal Store segment with second-half like-for-like sales rebounding to 6.6 per cent, ongoing rollout of the Perfect Stranger’s retail format, completion and contributions of the Cheap Thrills Cycles (CTC), and the net store count increasing to 102.

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30-day free trials increase conversions by 273%, yet 3 in 4 e-commerce sellers didn’t use the strategy in 2023

Retail Focus

New data shows 30-day free trials are the most effective method of paid customer conversions – almost four times (273%) more likely to convert a customer than 14-day free trials. Findings also show free trials are 28 times more effective than free products. However, despite its effectiveness, and at no cost to the business, nearly 3 in 4 ecommerce sellers didn’t use the approach in 2023.

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Super Retail Group achieves record sales of $3.9 billion

Inside Retail

Super Retail Group achieved record sales of $3.9 billion in the last fiscal year, up 2 per cent, led by Supercheap Auto, BCF and Macpac’s performance. Supercheap Auto’s sales increased 3 per cent to $1.50 billion while BCF’s sales grew 5 per cent to $879 million. Macpac’s sales rose 3 per cent to $222 million. However, Rebel’s sales fell 1 per cent to $1.29 billion with a one-off impact of revenue deferral of $7 million relating to its new points-based club member loyalty

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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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Burger King announces £1.99 Whopper Deal for National Burger Day

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Burger King® UK is counting down to the biggest day of the summer, National Burger Day! To mark the momentous occasion, Burger King® UK is announcing one of its best deals yet – for one day only, on August 22nd, hungry customers can buy a Whopper® burger for just £1.99, through the Burger King UK […] If you want more information Retail Times

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Sara Blakely, founder of Spanx, sets off on a new mission: high-heeled sneakers

Inside Retail

Shapewear company Spanx’s founder Sara Blakely has launched Sneex, a sneaker-heel brand that she says combines classic high heels with the performance and comfort of a sneaker. The hybrid heels are made of napa leather and suede from Italy and Spain and come in three different styles (single strap, double strap, and wide strap) and 10 colourways. According to the brand, Sneex was founded to address three major issues in high-heel construction: a lack of support between the foot and the sole of t

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Collins Foods flags lower margins due to weak consumer sentiment

Inside Retail

Collins Foods , a franchisee of KFC and Taco Bell, has warned of lower margins in the fiscal first half amid weak consumer sentiment and high cost inflation. In the first 16 weeks of FY25, the company has achieved a 1.1 per cent increase in sales. However, same store sales were negative, reflecting weaker consumer sentiment in Australia and Europe and the impacts arising from the conflict in the Middle East.

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Celebrate National Burger day with Honest Burgers

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Honest Burgers will be giving a £5 voucher to spend on a burger for every person already subscribed to its newsletter and on its mailing list to use over the bank holiday weekend. Honest Burgers is also celebrating National Burger Day with Uber Eats by giving away five £200 Honest Burgers x Uber Eats Vouchers […] If you want more information Retail

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Booktopia’s new owner: “Not here to throw out the baby with the bathwater”

Inside Retail

Following this week’s announcement that the founder and owner of DigiDirect, Shant Kradjian, won the bid for failed ASX-listed Booktopia, Inside Retail asked Kradjian about his interest in acquiring the business, his plans to restore the brand to its former glory and how he will approach the inevitable challenges. Inside Retail: Why was Booktopia the ideal next business to add to your portfolio alongside DigiDirect?

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JD Williams announced as headline sponsor for My Mum, Your Dad season two

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! JD Williams, a leading retail brand within N Brown Group plc, the inclusive fashion and homeware digital retail platform, today confirms its return as headline sponsor of ITV1 and ITVX’s critically acclaimed relationship show, My Mum, Your Dad, in a partnership built around a shared passion for celebrating every iteration of midlife.

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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

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The Reject Shop’s net profit plunges amid rising costs, shrinkage

Inside Retail

The Reject Shop’s net profit declined significantly despite higher sales in the last fiscal year. The discount retailer’s net profit plunged 35.9 per cent to $4.7 million while sales grew 4.1 per cent to $852.7 million. “Like many Australian retailers, The Reject Shop continues to face near-term margin pressure from rising costs and higher shrinkage, which adversely impacted profitability in FY24,” said Steven Fisher, The Reject Shop chair. “In order to address thes

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Jingle all the way to Dobbies’ festive events

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Dobbies Garden Centres is readying itself for Santa’s arrival and counting down the days to spread festive joy this Christmas, as it unveils a magical array of fun, great value events, on sale exclusively to members today (Tuesday 20 August) and other customers next month (Tuesday 3 September).

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Can Temu replicate its success in Western markets in Southeast Asia?

Inside Retail

In a strategic move to expand its footprint in Southeast Asia, PDD Holdings’ e-commerce platform Temu launched operations in Thailand last month, following its entry into Malaysia and the Philippines last year. However, Southeast Asia’s unique and complex e-commerce landscape raises the question: Can Temu replicate the success it has achieved in Western markets?

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Kids eat free 22 August: National Burger Day at Hard Rock Cafe

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! To celebrate National Burger Day, Hard Rock Cafe is offering free meals to kids when an adult orders from the limited-edition World Burger Tour menu on the 22nd of August. The menu offers guests a choice of five delectable burgers developed by chefs around the globe for guests to try including: Bengaluru Burger: 7 oz steak […] If you want more info

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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.

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Restaurant Ambiance – How to Design Spaces that Delight Diners

Mindful Design

Creating the perfect ambiance in a restaurant is more than just a trend—it’s a necessity. The right atmosphere not only enhances the dining experience but also plays a crucial role in customer satisfaction and retention. When diners walk into a restaurant, their first impression is often shaped by the environment, long before they even taste […] The post Restaurant Ambiance – How to Design Spaces that Delight Diners appeared first on Mindful Design Consulting.

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NIQ: summer holidays and warm weather accelerate growth in food retail

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Total Till sales at UK supermarkets grew (+5.5%) in the last four weeks ending 10th August 2024, up from 3.6% in the previous month, according to new data released today by NIQ. This is the largest growth in Total Till sales recorded so far this year, which was aided by a sales boost due to a […] If you want more information Retail Times get in tou

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Thriving in Retail: Tools for Success in the Home Improvement Market

RepslyBlog

Home improvement is one of the most highly competitive markets and any brand that has made its way into retailer giants such as Lowe’s and Home Depot knows that becoming a star in these stores is no small task. Successful brands in this market know that data is everything when it comes to optimizing their approach to these stores and, whether you’re selling tools, appliances, electronics, garden supplies, or cleaning products, it’s critical to build a strong relationship with retailers.

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McDonald’s to invest £1 billion and create over 24,000 jobs

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As it celebrates 50 years in the UK, McDonald’s has today announced plans to open over 200 new restaurants in the next four years, that will create more than 24,000[2] new jobs, signaling a £1bn investment from McDonald’s and its franchisees in the UK and Ireland.

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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.

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Aesop store by atelier suasua

Retail Design Blog

Following outposts in Shanghai and Beijing, Aesop accelerates its retail expansion in mainland China, opening another outpost in Hangzhou. The.

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Popeyes® UK announces return of its fan-favourite Louisiana BBQ flavour to menus nationwide

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Popeyes® UK, the New Orleans-born fried chicken brand, is bringing the fan-favourite taste of Louisiana to the UK once again with the return of its Louisiana BBQ Sandwich, alongside the launch of its all new Louisiana BBQ Saucin’ Wings.

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RTL Office Meeting Hubs by Evolution Design

Retail Design Blog

Evolution Design has completed the interior design for two vibrant informal meeting hubs at the RTL Germany’s broadcasting centre in.

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Waitrose to open up to 100 convenience shops in next five years

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Waitrose is ramping up investment in its store portfolio with plans to open up to 100 convenience shops across the UK over the next five years. The announcement comes as it unveils its latest vision for what its shops could look like for customers in the future.

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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

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Top 10 Travel Trade Shows in North America 

Trade Show Booth Companies - Trade Group

Travel trade shows are the epicenter of adventure and discovery, and we want you to be a part of the excitement! Today, we will discuss the travel industry, what happens in the magical world of travel trade shows, and our top ten travel trade shows. What is the travel industry? The Travel Industry is a multipart industry that spans a wide range of services, experiences, and, of course, destinations.

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McDonald’s to invest £1billion and create over 24,000 jobs

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As it celebrates 50 years in the UK, McDonald’s has today announced plans to open over 200 new restaurants in the next four years, that will create more than 24,000[2] new jobs, signaling a £1bn investment from McDonald’s and its franchisees in the UK and Ireland.

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BrandAlley delivers customer service breakthrough with Scurri

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! BrandAlley, a leading off-price premium and luxury brand e-tailer in the UK and France, has driven improved business performance by taking full control of its customer delivery proposition – from dispatch to customer notifications – in partnership with Scurri, the next generation delivery management platform.