article thumbnail

Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour

Inside Retail

With customers continuing to seek more value as cost-of-living pressures bite, Wesfarmers’ Kmart Group is set to benefit from shifting consumer demand, and an increasingly strong value proposition. He added that 75 per cent of Target’s range – across apparel, soft home and toy products – will be unique to the brand.

Shrinkage 130
article thumbnail

Is the DTC business model dead, or just evolving?

Inside Retail

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ to ‘Look at this amazing DTC brand! Everyone should do this.’ million before going public in 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Kampot to Myer: the journey of Cambodian fashion label Dorsu

Inside Retail

To a slow fashion apparel brand in rural Cambodia, Australia’s sophisticated fashion capital of Melbourne seems a world away – and not just geographically. Earlier this year, the brand made a debut inside Myer’s Bourke Street Mall flagship store and became the first Cambodian apparel brand to be stocked by the Aussie retailer.

Fashion 246
article thumbnail

‘Like a ghost town’: Retailers react to the Omicron wave

Inside Retail

Foot traffic is down in CBDs and shopping centres as consumers return to working from home. We then struggle to get deliveries and stock, as their workers are also in isolation. An already beleaguered retail industry is being pummelled by Omicron. Naturally, we then suffer lower sales, as our customers [are] also in isolation.

article thumbnail

Breaking Barriers: How Brick-and-Mortar Retailers can Deliver Exceptional Customer Experiences

Retail TouchPoints

People have been saying “Retail is dead” for several years now. Multinational athletic apparel retailer Lululemon recently announced its net revenue increased 20% (on a constant dollar basis) to $2.2 No, retail isn’t dead. Bad retail is dead. The problem is it simply isn’t true. Costco grew revenue by 6.7%

article thumbnail

Jason & Scot Show Episode 305 Amazon and Shopify Q1 2023 Earnings

Retail Geek

Scot: [4:43] Macy’s Woodberry Amazon and apparel. billion consumers a month, are going to chat. And it seems like consumers are continuing to embrace that. Jason: [4:47] But I feel like this is. Scot: [4:48] Amazon to be Roadkill. The GPT for engine and build it in your own apps or your own website but 1.2

article thumbnail

Jason & Scot Show Episode 297 -GroceryShop 2022 and news

Retail Geek

Episode 297 is a recap of the GroceryShop trade show in Las Vegas, and the Consumer Brands Executive Summit in Colorado Springs. Right I go out of the inventory that’s getting unpacked right now is Home Improvement and apparel that had a like a nice Spike.