Inside Retail

FEBRUARY 10, 2022

The lack of international tourists over the last two years has cost the retail industry an estimated $90 billion – given tourists spent around $45 billion between July 2018 and 2019, according to data from Tourism Research Australia. This has been a long time coming after more than 700 days of being cut off from the rest of the world.

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Inside Retail

FEBRUARY 26, 2023

Customers want a quick, simple, and flexible return process and the peace of mind that if they don’t like an item, they can easily return it. Retailers know that hyper convenience is essential to the e-commerce proposition, and many continue to offer ‘free returns’ to remain competitive. Why do people return goods?

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Retail TouchPoints

JUNE 4, 2024

The partners have been working together since 2018 to bring Century 21’s constantly evolving slate of off-price designer merchandise to online shoppers, via weekly live shopping events on the ShopShops app and Century 21’s Instagram. “We

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Inside Retail

APRIL 28, 2024

“Under Tamalin’s leadership, the company has returned to growth and continues to build solid trading momentum. This will be the third CEO since Adore Beauty’s co-founders Kate Morris and James Height stepped down from the chief executive role in 2018 and 2020, respectively. per cent year over year to $45 million.

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Inside Retail

AUGUST 27, 2023

Consolidated retail revenues, not counting fragrance royalties, reportedly fell from US$650 million in 2015 to US$300 million in 2018. The revival of Marc Jacobs’ cosmetic portfolio, now in partnership with Coty, is eagerly anticipated by consumers around the world who have been campaigning for its return.” We Can Only Hope”.

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Inside Retail

MAY 31, 2021

Given the lack of time on the mountains last winter, we are expecting to see some really positive returns this season,” Antony Hampson, general manager of Superdry Australia and New Zealand, told Inside Retail. . Before Covid-19 hit, the winter sports industry reportedly experienced its “best season of the current millennium” in 2018-19.

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Retail Gazette

JULY 19, 2023

Pret A Manger has returned to profitability for the first time since 2018 driven by the success of its subscription service. recorded in 2018. recorded in 2018. The group, which suffered during the pandemic lockdowns, reported an operating profit of £50.6m in the year to December 2022, up from a loss of £225.9m

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Retail Times

FEBRUARY 28, 2024

Under Kester Capital’s ownership since 2018, Jollyes has undergone a significant […] If you want more information Retail Times get in touch! Jollyes is the second largest and best value pet retailer in the UK. Retail Times - Retail Times, the free online source for all retail sector news

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Retail TouchPoints

OCTOBER 24, 2023

The retailer will soon return to both digital and physical retail, less than four months after it was purchased out of bankruptcy by baby care brand Dream on Me. The swift return of the bankrupt baby retailer follows on the similarly speedy relaunch of former parent company Bed Bath & Beyond , which was acquired by Overstock.com.

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Inside Retail

JUNE 5, 2023

For the first-time since we originally launched the Peloton App in 2018, we are introducing the most expansive collection of free classes in line with our new App subscription tiers,” she noted. The post Peloton seeks a return to profitability with rebrand and membership drive appeared first on Inside Retail.

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Retail Gazette

NOVEMBER 17, 2023

The revamped and renamed subscription has seemingly done wonders for Pret’s bottom line, with the coffee chain returning to profitability for the first time since 2018 this year. A BFC report found that it costs a retailer around 55 to 75% of a product’s retail price to process each online return received.

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Inside Retail

MARCH 6, 2024

It has been illegal to manufacture, supply, possess, use or promote ESSTs – designed to alter transaction records and avoid paying tax – in Australia since October 2018. According to the ATO, businesses that have used such tools will need to review their past tax returns and activity statements and amend them.

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Retail TouchPoints

JANUARY 26, 2024

After filing for bankruptcy in 2018 and eventually being acquired by WHP, Babies ‘R’ Us today has a presence in more than 20 countries through regional websites and 100+ branded and independent stores. In July 2023, the brand made its brick-and-mortar return in the U.S.

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Retail TouchPoints

FEBRUARY 6, 2024

Transforming from Transaction- to Engagement-Focused When former HP executive Ron Coughlin took the helm at Petco back in 2018, Tichy was his first hire as he set out to “ rebuild and transform the stores into more of an engagement model ,” recounted Tichy. How do you actually sell to them? And how do you weave services through it all?

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Beauty and Health Returns Shopping Location 279

Inside Retail

JUNE 4, 2023

Myer’s CEO and MD John King has announced he will retire in the second half of the 2024 calendar year and return to the US. When he took over the helm of Myer in 2018, it was losing sales and struggling. Myer chairman, JoAnne Stephenson, said: “The board thanks John for his extraordinary contribution to the company.

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Inside Retail

MAY 30, 2024

Tapping into sub-cultures is how Reebok plans to avoid returning to its “stagnated” 90’s state. Tapping into new markets Japanese fashion is renowned for its quality craftsmanship and durability – mutual qualities that aligned Reebok and Needles to first collaborate in 2018.

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Inside Retail

OCTOBER 26, 2021

Returned children’s goods retailer Toys ‘R’ Us Australia has signed a long-term exclusive licence agreement to facilitate the return of the Toys ‘R’ Us and Babies ‘R’ Us brands to the United Kingdom.

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Retail TouchPoints

FEBRUARY 10, 2021

In 2018, Nike tested the neighborhood-centric Live pilot in Los Angeles. Its quick success encouraged the company to follow suit with Live stores in Tokyo, New York and now Eugene.

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Inside Retail

DECEMBER 17, 2023

Overnight and same-day visitor shopping spend was at 55 per cent and 18 per cent of 2018 levels respectively in the first half of the year, said Tang, prompting retailers to focus more on food and beverage outlets. Luxury hotel occupancy is strong but on the back of the return of business travellers.

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Retail TouchPoints

MARCH 15, 2024

Founder Kevin Plank Returns to Lead Under Armour Kevin Plank will return to Under Armour as the company’s President and CEO, effective April 1, 2024. ” Wall Street seems to be less enthused about the company’s future, however, with shares of Under Armour plunging on the news of Plank’s return to the helm.

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Retail TouchPoints

DECEMBER 18, 2023

Coupang will acquire the business and assets of the online luxury marketplace in return for access to $500 million of capital that will allow Farfetch to continue operations. The deal will take Farfetch private; the company has been trading on the NYSE since its IPO in September 2018.

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Inside Retail

DECEMBER 11, 2023

In 2018, the ACCC said it found that Fitbit misrepresented consumer guarantee rights under Australian law from November 2016 to March 2017 when the company told consumers that a warranty for faulty products was valid for only one year.

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Retail TouchPoints

JUNE 20, 2023

The products will include both typical returns and items received through trade-in programs. The retailer formalized its resale operations with a dedicated ecommerce site , trade-in program and in-store resale offerings in 2018, and sold more than 1 million used products through Re/Sale’s omnichannel operations in 2022.

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365 Retail

NOVEMBER 5, 2021

Between 1983 and 2018, Homebase had a store on Harrogate Road, Bradford. * The post Homebase returns to Bradford appeared first on 365 RETAIL | Retail News. Order and Collect means that customers can buy anything from our full range and can take their order home within the hour.”. in addition to the 34,500 sq.

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Inside Retail

FEBRUARY 8, 2024

King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family. The post Myer’s latest trading update is a testament to putting the customer first appeared first on Inside Retail Australia.

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Inside Retail

AUGUST 31, 2023

In 2018, he returned to oversee the Restaurant Brands New Zealand business as CEO after serving as global chief operating officer from November to April of last year. Restaurant Brands has appointed Arif Khan as its permanent group CEO, effective today.

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Inside Retail

DECEMBER 14, 2022

As Orrock’s return remains uncertain, Best & Less has started an external search process for a permanent CEO. Murray was the group’s MD from 2012 to 2018 and from 2019 to 2021. The company said Orrock is not yet ready to resume his duties as CEO, even though his therapy is going well.

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Retail TouchPoints

FEBRUARY 13, 2024

In 2018 its Japanese marketplace was spun off and sold to Ebay , which had previously been an investor in Qoo10 parent company Giosis. Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely. followed by former #1 Shein.

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Retail TouchPoints

APRIL 26, 2024

A little less than one year after Toys ‘R’ Us made its return to the world of UK brick-and-mortar via nine shop-in-shops in WHSmith stores, TRU parent company WHP Global has announced plans to expand the partnership and add 30 new locations by this summer.

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Retail TouchPoints

JANUARY 10, 2023

Babies ‘R’ Us will return to brick-and-mortar retail in the U.S. this summer with the opening of its first flagship location since the brand’s 2018 bankruptcy. The store will be located at the American Dream mall in New Jersey, alongside the flagship of sister brand Toys ‘R’ Us , which opened there in December 2021.

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Retail TouchPoints

OCTOBER 4, 2021

compared to the same period in 2019, showing significant growth since its exited from bankruptcy in 2018. However, the brand has yet to return to profitability despite its growth. In its filing, the retailer noted that it achieved total net sales growth of 93.1% compared to the same period in 2020 and 3.4%

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Retail TouchPoints

MARCH 2, 2023

The platform’s gross merchandise volume (GMV) has been on the decline since 2018 — the company reported $18.2 billion of GMV it logged in the same quarter in 2018. And active buyers also have been declining, with 134 million reported in Q4 2022, down from a peak of 179 million in Q4 2018.

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Inside Retail

JUNE 19, 2022

“We’re finding more customers in the millennial age group are interested in secondhand clothing, rather than brand new, so we’re evolving our business model to actually resell the returns that we’re getting,” Sam Wood, Azura Fashion Group’s CEO, told Inside Retail. Luxury’s discount problem. Rising opportunity in resale .

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Retail TouchPoints

AUGUST 25, 2022

Davis was with Walmart from 2006 to 2018 in a number of financial leadership roles, including Treasurer, SVP of Finance and Strategy and CFO of Walmart U.S. We are confident these pricing and other investments will generate very attractive returns over the long term,” said Witynski.

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Retail Times

DECEMBER 14, 2021

The recent announcement that beloved brand Toys ‘R’ Us will be returning to the UK market after three years was met with excitement by many up and down the country, after it completely ceased trading in the UK in 2018.

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Inside Retail

JUNE 15, 2021

The Coles Local concept was first introduced in Melbourne’s Surrey Hills in 2018 before expanding the concept to locations at St Kilda, Glenferrie and Fitzroy. We’re beginning to see customers returning to the CBD, as they return to work. Team uniforms are also made from 65 per cent recycled bottles. Image credit: Gary Mortimer.

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Retail TouchPoints

MAY 6, 2021

In London, as shoppers return to storied Oxford and Spencer streets after long COVID-19 lockdowns, they’re being greeted by the sight of boarded-up windows and a $23.4 globally in 2018, according to TheMarketReports , and is expected to skyrocket to $55.2 trillion global retail industry in a state of flux. billion (U.S.)

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