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Melbourne’s Design A Space to shut up shop after 17 years

Inside Retail

Founded by husband and wife team Chris and Bec Lutz in 2006, Design A Space rents physical floor space to independent brands hoping to showcase their goods to a metropolitan customer base. Elevating the costs faced by partner brands did not make sense so long as underlying consumer spending remains low, he added.

Shopping 130
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The Case For Subscription Service In CPG

Retail TouchPoints

The wide adoption of digital channels has dramatically disrupted the way consumers shop, and the recent COVID pandemic has exponentially increased the velocity of that change. Digital-first brands are jumping on the opportunity to meet these expectations and build one-to-one relationships with consumers.

Consumer 282
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What’s next for online retailers as investors lose faith?

Retail Gazette

You’ve had consumer demand fall down, then you’ve had issues with supply chain and freight costs,” he explains, references spikes in costs suffered both during the pandemic and earlier this year due to disruption caused by attacks on vessels in the Red Sea.

Fashion 57
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Jason & Scot Show Episode 314 – Lovesac Founder and CEO Shawn Nelson

Retail Geek

” Sean emphasizes the importance of being a direct-to-consumer brand and how Lovesac has found sustained success by focusing on customer acquisition costs and offering a high-quality product. He discusses the concept of direct-to-consumer and shares his thoughts on its significance. 10, 20, 50, 100, 250 locations now.