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Dusk sales drop as stores closed, but online growth cushions the blow

Inside Retail

Australian specialty retailer Dusk, has reported poor sales based on unaudited management accounts for the first half of the financial year. In a trading update, the company said sales fell 12 per cent to $80 million compared to $90.9 million in the first half of FY21 and $59.6 million in the first half of FY20.

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Forget omnichannel, it’s all about unified commerce

Inside Retail

Inventory pricing: With unified commerce, retailers can adjust prices based on factors such as demand, competition and inventory levels, ensuring that products are priced competitively in real time. The retailer’s conversion improved by 2 per cent due to better product descriptions created by GenAI.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

The post Revealed: Raffles’ strategy to lure back in luxury customers appeared first on Inside Retail. The new stores at the iconic luxury mall are designed to expand its lifestyle, beauty and food and beverage offerings so shoppers can get a taste of specially curated merchandise and unique shopping experiences. “We

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Barbeques Galore CEO on how New Zealand is the blueprint for its global growth

Inside Retail

But while Barbeques Galore is the largest specialty retailer, it faces competition from hardware, department stores and appliance retailers. “We’re We’re certainly very focused on the opportunity and will continue to grow our presence in that market,” he added.

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Venchi’s CEO banks on Asia Pacific, gearing up for the “inevitable upturn”

Inside Retail

Having recently opened a flagship store in Hong Kong’s Lee Garden, the Italian gourmet chocolate and gelato manufacturer Venchi is plotting its larger expansion in Asia Pacific with a meticulous localisation strategy as consumer spending continues to rebound. billion this year and is expected to reach US$24.48

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US retailers’ members-only programs under scrutiny with Amazon lawsuit

Inside Retail

Amazon.com isn’t the only US retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers’ subscription programs are facing growing scrutiny. The retailer reached a $2.35

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Analysis: Myer’s latest trading update raises key question about Premier deal

Inside Retail

The merger proposal could potentially bolster Myer’s loyalty programs, generate sales growth with possible international opportunities online, if not in bricks-and-mortar, and add expertise in specialty retailing.