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Why slow fashion brands are closing hard and fast in the cost-of-trading crisis

Inside Retail

At the same time, small and independent businesses with less negotiating power are more susceptible to rising costs and may have a harder time maintaining cash flow than others. “As There is a call for the government and regulators to ease the cost of trading for small local businesses that are manufacturing ethically made products. “It

Fashion 264
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Research uncovers the habits of consumers using BNPL. Hint: They spend more

Inside Retail

Some even think of it as more of a way of payment than a form of credit. In Australia, birthplace of Afterpay, Zip, Openpay, and Latitude, its estimated that (allowing for flow-on effects) BNPL services contributed $14.3 They should treat BNPL like any other form of credit. Why might they be spending more?

Consumer 264
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Day one of Online Retailer: Going global and keeping the customer happy

Inside Retail

Retail executives shared their approaches to elevating the customer experience, with tech integration and value-adds other than price as well as localisation. This seamlessly flowed to a keynote from Kai Li, SVP of international at Revolve Group, on his playbook for going global and the importance of identifying ideal customers. “We

Flow 264
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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The removal of restrictions on movement in the early months of the year, coupled with pent-up demand in households, formed the catalyst for a boom in household spending; monthly retail turnover rose 12.5 The RBA is set to tighten further before pausing to allow the impact of what’s been done to flow through. per cent in 2022.

Flow 246
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Hermès reopens its store in Pacific Place Mall, revealing a unique, spacious design and reaffirming its history with Hong Kong

Retail Focus

Transformed by the Parisian architecture agency RDAI , the floorplan is guided by the curved forms of the space and follows a fluid, open layout that encourages the eye to travel from one side of the store to the other.

Layout 246
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Reinvest and innovate: Key takeaways following Fenton & Fenton collapse

Inside Retail

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity.

Flow 243
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Datalogic’s Magellan 9800i TDi guarantees a high-speed check-out experience

Inside Retail

With most solutions on the market today, customers must either know a PLU code for the fruits, vegetables or other produce they’re buying, or otherwise browse a catalogue to locate the correct item in order to purchase products via self check-out. Generally, this comes in the form of the top four items recommended by the algorithm.

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