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What’s old is new again: The rise of rental

Inside Retail

That was my least favourite of all the options, as the assembly process was a nightmare and the quality always made me feel like I was in a temporary home. IR: Tell me about the furniture design process and your partners, like West Elm. How does the production and design process work?

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These Were the Top Retail Stories of 2022

VMS

The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. In the Covid years of 2020 and 2021, it had closed a great number of stores to improve profitability. In September, still struggling to find the key to survival, the retailer announced more than $500 million in new financing.

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A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

Inside Retail

At first, it seemed like Asia might get off lightly – most governments and professional economic forecasters in the region said so – but cost of living pressures are rising across the continent, with food, energy, rent and labour costs now all key drivers of retail price inflation. Transportation prices are up 20.2 per cent.

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