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The Reject Shop has entered an acquisition agreement with Canadian convenience chain Dollarama. The Reject Shop Board unanimously recommends that shareholders vote in favour of the scheme, with the acquisition price of $6.68 cash per share representing a 112 per cent premium to the closing share price of $3.15 on March 26.
Retailers have long been obsessed with expanding their product ranges product diversification and line extension have been critical for supermarkets to keep pace with online marketplaces like Amazon. The post Analysis: Coles, Woolies’ shrinking product ranges are all about the bottom line appeared first on Inside Retail Australia.
In line with the heightened demand for experiential shopping experiences, Bjerke House will feature a dedicated events space on its second floor, as well as in-store workshops and the first physical Bjerke Vintage & Pre-Owned concept store. S&S celebrated its best every trading period with sales up 14% in H1 2024.
78% of Holiday Shoppers Concerned about Store Safety This Year, New Theatro Survey Shows Despite safety concerns, one in four shoppers say they plan to shop more in-person for holiday gifts–but with higher expectations, lower patience, and delayed purchases as economic pressures and tech annoyances loom large. consumers aged 18+.
Discount variety retailer The Reject Shop has reported sales of $458.3 Like many Australian retailers, The Reject Shop is facing some near-term margin pressure from higher shrinkage and rising costs. Like many Australian retailers, The Reject Shop is facing some near-term margin pressure from higher shrinkage and rising costs.
The high volumes of unwanted gifts and remorseful sale purchases have implications beyond the bottom line the environmental impact of emissions, repackaging and damaged goods is becoming excessive. Christmas and end-of-year sales are big business for retailers but they also drive enormous returns.
Holiday shopping is no longer fast approaching, it’s already here. According to the Australian Retailers Association (ARA), 53 per cent of Australians finalise their holiday shopping lists by October and 58 per cent of Australians do most of their holiday shopping by the end of November. That marks an increase of 5.5
Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business.
Wood panelling and glossy floor tiles bring a nostalgic feel to this chocolate shop in London's Covent Garden , which design practice Morrisstudio and architecture firm Built Works have designed to invoke a golden age of confectionery. Taking the British route felt a bit more natural."
The full merger of Monki into the Weekday platform is slated for next year, covering both online and off-line retail. Monki operates 56 stores in 15 markets and runs online shops in 29 countries. To streamline its brand portfolio, H&M Group will integrate the Monki label into its Weekday brand and rebrand all of its Monki stores.
FOR IMMEDIATE RELEASE 78% of Holiday Shoppers Concerned about Store Safety This Year, New Theatro Survey Shows Despite safety concerns, one in four shoppers say they plan to shop more in-person for holiday gifts–but with higher expectations, lower patience and delayed purchases as economic pressures and tech annoyances loom large.
Sci-fi film 2001: A Space Odyssey influenced the design of this coffee shop in Miami Design District , created by NBA star Jimmy Butler and design agency DE-YAN. The post DE-YAN designs Jimmy Butler's Bigface coffee shop in Miami appeared first on Dezeen.
Social commerce and live shopping. Browsing and shopping directly on social media platforms has long been a hallmark of e-commerce in China, now, it’s finally coming to Australia. Half of the GTV of e-commerce in China now comes from live shopping. Live shopping is essentially the modern-day, more sophisticated version of TVSN.
Emporium Melbourne presented the ideal location for us to host ANZ’s largest Lululemon store – it’s a premium destination with high foot traffic, allowing us to reach a large audience at a one-stop shopping hub. How do these services align with Lululemon’s vision of providing a premium and personalised shopping experience?
Designed to be an intimate boutique shopping experience, the store delivers a carefully curated selection of womenswear and accessories, including handbags and footwear. Special previews of new collections and store-unique products are available, and items are refreshed weekly, creating a highly exclusive offer.
H&M, Next and The Body Shop have all said they see a successful future at Waterside and want to be part of the centre for years to come. The commitment of these big brands underlines Watersides growing appeal as a vibrant destination for shopping and leisure.
Touchwood Shopping Centre in Solihull has continued to expand its leading offer with the arrival of Spanish fashion retailer Mango. Ardent UK acquired Touchwood in summer 2021, the first major shopping centre acquisition since the onset of the pandemic, in a deal that effectively called the retail investment market.
We’ve all encountered those shopping centres that look and feel the same, no matter where you are in the world. But there are some visionary developments that seek to stretch the definition and model of traditional shopping centres – delivering environments that celebrate innovation, wellbeing , community and, critically, creativity.
Despite tough trading conditions, many Australian and New Zealand retailers continued to invest in CX, leveraging data, technology and innovative thinking to elevate their offerings in line with consumers’ rapidly changing expectations,” said McIlvaine. ” The winners will be announced in Melbourne on February 20.
Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised. There is also a new AR feature called ‘Shop With Friends’. With that information, a customer’s online shopping cart is filled with the right items at the appropriate time.
Armadale’s High Street has become one of the most expensive shopping destinations in Melbourne and the row of retailers is essentially a who’s who of Australian fashion. All the connotations that come with high street shopping carry through to Armadale’s High Street with its pedestrian walkways lined with shops.
Asda has announced price reductions to its key Easter veg lines which will roll back to 8p from Tuesday 15thApril, to support families with the big Easter weekend shop. The 8p offer on five key Easter veg lines is accessible to all shoppers no member pricing or need for a loyalty card.
In-store shopping has rebounded post-pandemic. However, post-pandemic physical shopping is a different beast to the olden days. However, post-pandemic physical shopping is a different beast to the olden days. But getting the latest model was about the anticipation and the superior experience of shopping at Apple.
It also provided customers with more time to shop these deals. We’ve carefully curated these offers to ensure our customers an extended offer period for a more flexible shopping experience with deeper discounts,” Holloman said. We’re pleased with the initial sales figures, which are in line with our expectations.
His eponymous boutique is located on Glenmore Road in the Sydney suburb of Paddington, where customers can shop his jewellery, fragrance and accessories alongside the gowns. Khalils shoe line is yet to be named, but supplier and manufacturer trips to Italy have seen the idea evolve into a product over the last six months.
Meanwhile, LDO has also enhanced its F&B line up after announcing that Afrikana would be opening a new location early in 2025. Matt Slade, Retail Director at Quintain , said: Outlet retail continues to be remarkably resilient thanks to the unique in-person retail experience it offers compared to online shopping.
We believe the Australian grocery sector remains highly competitive, with a growing number of physical and online shopping alternatives, said ARA chief industry affairs officer Fleur Brown.
A visit from His Majesty King Charles III on 12th December 2024 was immediately followed by Battersea Power Stations busiest week of the year for sales, from 16th 22nd December, demonstrating how the landmark has become a popular festive shopping destination. Fashion sales performed particularly well in lead up to Christmas, growing 11.7%
As a country, our collective inaction around the often questionable behaviours of big business suggests a fair amount of complacency – until someone crosses the line,” Ritchie told Inside Retail. In the short term, rising prices across the board are most likely to drive a change in a customer’s supermarket choice.
Holland & Barrett joined The Langham Estate at 146/148 Oxford Street on 20 December, relocating from 52 Oxford Street as part of its strategic expansion on the famous shopping thoroughfare. Retailers are also drawn to this blend of prime shopping and workplace hubs, maximising footfall throughout the week. The deal takes the 11.3-acre
The 15 brands that have renewed at Merry Hill this year span its diverse line-up, including British book retailer Waterstones, which covers two floors near the flourishing Leisure Quarter. Waterstones have significantly invested in the store, updating its shop-fit and adding a brand-new shopfront.
Although just four units away from QUIZ’s former shop in the shopping centre, the larger space, approximately 1,900 sq ft of sales floor, offers a more spacious and premium shopping experience for customers. The new shop employs 10 members of staff, all of whom have been relocated from QUIZ’s former store in the centre.
Among Amazon shoppers in the UK, 70 per cent now shop there at least once a month, while 17 per cent use the online marketplace weekly. As costs to shop for everyday essentials have soared, shoppers are looking for new ways to save, which has led to greater demand for products in categories like pet, baby and more on the Amazon platform.
The debut shop features the brand’s timeless collections of men’s, women’s and children’s ready-to-wear clothing, including formalwear, knitwear, and suits and tailoring. The popular brand opened opposite Adidas, adding to the outlet’s unrivalled line-up of outdoor retailers.
Established in 2022 in Howrah, the retail centre spans 6002sqm and is anchored by a Coles supermarket, a full-line Priceline, a 24-hour drive-thru McDonald’s Liquorland, and 16 other specialty stores. Tipalea has sold Tasmanian retail centre Glebe Hill Village to Charter Hall for $50.25
Digital shopping habits are now firmly embedded, and this means that brands that fail to adapt risk being left behind. From the rise of direct-to-brand shopping to the growing demand for personalisation, here are the most important takeaways and what they mean for retailers looking to stay ahead.
Since launching in January 2020, Viv for your V has steadily built its direct-to-consumer (DTC) and e-commerce presence via retailers like Amazon and TikTok Shop. Katie Diasti: While I was shopping for my own period products, I felt that none of the sterile products in the aisle spoke to me as a consumer.
As we prepare to welcome both new and existing customers, we are looking forward to creating a truly memorable and enchanting shopping experience at Liverpool ONE, in an exciting store format that reflects the spirit of the city.” It is globally celebrated, has a huge base of loyal fans, and delivers a bold, compelling concept.
to take their total share of spending to 46.9%, as online shopping levels have started to stabilise, correcting back to post-pandemic volumes. As well as on-line and off-line spending levels stabilising, the prevalence of deals being heavily promoted online is also helping to draw more shoppers into bricks-and-mortar stores.
The Levi’s® store in Bromley is the first in a line of branches to have a shift in design and strategy, in collaboration with Lucky Fox , as the brand hits a new direction. LED ticker-tape style signage in the wall bays then helps to identify where to shop the selected fits and washes within the range.
Larger families (largely among immigrant groups) mean the monthly big shop has grown into a very big shop. For instance, a metro line getting expanded has a direct effect on demand for housing. This is driving many white collar workers out of inner city suburbs to areas which blue collar groups previously dominated.
These include the highly anticipated launch of Blue Tab, the brand’s most premium denim line yet, and a renewed focus on creating immersive retail experiences across the region. Were launching the line in Asia in February, and our region will be the first in the world to access it.
Braintree Village has announced that global fashion house Coach, will be joining its retail line-up this Spring. This is a brand our guests have told us theyve been keen to shop at in Braintree Village for some time, and were excited to be finally welcoming them to our roster of brands.
When considering the prevalence and dominance of e-commerce and digital shopping channels, traditional brick-and-mortar retail stores may question where this leaves them. The modern customer journey rarely begins at the shop entrance anymore – it invariably starts online, often several days or even weeks before a physical visit happens.
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