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The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Inside Retail

million, as lockdowns around the country caused shoppers to avoid public spaces, with many of the businesses stores located in shopping centres and CBD locations: areas hit particularly hard by movement restrictions. Despite this, the Reject Shop turned a profit 643 per cent higher than the year prior, hitting $8.3

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Aldi launches Corner Store in convenience push

Inside Retail

The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

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Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate.

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The Top Shopping Mall Trends To Watch Over the Next Decade

Indigo 9 Digital

A mall was the place where you could grab a bite to eat and get your shopping done all within one trip. While malls still serve this function today the advent of online shopping has meant your local mall isn’t the only game in town. The first shopping centre in the United States opened in Edina, Minnesota in 1956.

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How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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From Pop-Up Stores to Seamless Experiences

Retail Focus

Pop-up stores can be a valuable tool but must align with a brand’s overall strategy and relevance to the local market. Efficiency became a prevailing trend after World War I, leading to mass retailing and the rise of warehousing and discount stores.

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How can department stores pivot ahead of a spending decline?

Inside Retail

Despite the significant drop in month-to-month department store spending, he said there was a $200 million increase in sales between December 2021 and 2022. Mortimer explained that the quick drop can be attributed to the long lead times for deliveries, and that Christmas shopping is mostly done in November.