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Shoppers see sharpest price rises since 2012 as cost of living crisis bites

365 Retail

in January, the highest rate since 2012. Mike Watkins, head of retailer and business insight at NielsenIQ, said: “The surge in energy and travel costs is now impacting disposable incomes and is likely to dent consumer’s willingness to spend. in December, to 1.5% Food inflation rose from 2.4% in December to 2.7%

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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Its newest location opens this month at Sydney’s Macquarie Centre. Anthony Nappa founded Oz Hair and Beauty in 2012, after his parents owned and maintained hairdressing salons in Sydney for many years, including their flagship Oz Hair salon in the Queen Victoria Building (QVB) since 1986.

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Luxury Veteran Named Michael Kors CEO, Preps to Move into Top Spot at Parent Company Capri in 2022

Retail TouchPoints

Prior to his tenure at Coach, Schulman was President of Bergdorf Goodman at Neiman Marcus Group from 2012 to 2017, where he also assumed responsibility for NMG International with the acquisition of MyTheresa.com in 2014.

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Overall, retail employers fare well in gender pay gap – but there are exceptions

Inside Retail

Since the passage of the Workplace Gender Equality Act 2012, employers with 100 or more employees have been required to submit an annual report to the WGEA containing remuneration information. per cent; Forever New at 51.3 per cent; Lorna Jane at 37.1 per cent, and Decjuba at 19.4 per cent, for example. per cent, 5.6

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FTC hints at updating environmental claim guidelines

Retail Dive

The agency acknowledged that consumer interest in more sustainable retail products has risen since it last updated its “Green Guides” in 2012.

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TAG Heuer Unveils New Boutique at Westfield Stratford City

365 Retail

Swiss luxury watchmaker TAG Heuer has opened its doors to a new boutique at Westfield Stratford City in London. Chris Betts, General Manager at Westfield Stratford City, added, “We’re thrilled to welcome the arrival of TAG Heuer to Westfield Stratford City.

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