Inside Retail
JUNE 5, 2022
Global brand management firm WHP Global has bought a 70 per cent stake in Isaac Mizrahi from Xcel Brands, in a deal valuing the American designer label at US$68 million. Xcel Brands, a media and consumer products company specialising in livestream shopping on TV and online, will retain a minority stake of 30 per cent in the transaction and take $46.2 million in cash proceeds.
Small Biz Trends
JUNE 5, 2022
For years, podcasts have been delivering high- quality content to businesspeople around the world. Whether you’re looking for business advice, inspirational feedback, personal stories or industry updates, there’s a podcast to suit your fancy. To offer up an idea of the best business podcasts out there today, 11 professionals from Young Entrepreneur Council (YEC) respond to following question: “What’s one business podcast you’ve been devouring lately, and why has it
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Inside Retail
JUNE 5, 2022
A dedicated online marketplace has been launched where users can find and purchase pre-loved clothing and accessories. The brainchild of Sydney-based couple Rogan and Kim Carroll, the ReHomed Clothing Marketplace aims to not only give second-hand clothes a new lease of life but also address the problem of waste generated by the fashion industry. Recent research noted that the average person today buys 60 per cent more items of clothing than they did 15 years ago, but consumers keep that clothing
Small Biz Trends
JUNE 5, 2022
The recent ‘lunchflation’ trend has been confirmed to be real by new research undertaken by payment provider Square. Cost Increases Causing Lunchflation. The trend is causing problems for restaurant owners forced to raise their prices to cover increased costs. These costs are now being passed on to average business lunch eaters, whose numbers have risen dramatically since we returned to work after the pandemic.
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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.
Inside Retail
JUNE 5, 2022
H&M Group is piloting tech-enabled shopping solutions across its US Cos stores as part of its strategy to tap into the in-store technology-driven retail experience, to deepen its customer relationships. The initiatives include seamless payment options, personalised styling recommendations, faster checkout and upgraded delivery and return options.
Small Biz Trends
JUNE 5, 2022
A new study analyzing data from the U.S. Census Bureau’s Annual Business Survey has identified the states and metros with the highest proportion of family-run companies. What State Has the Most Family-Owned Businesses? The study was conducted by OnDeck with the analyzed data including spouse-run businesses too. They discovered the state with the highest share of family-owned businesses is South Dakota, with 43% run by families or spouses.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Fashion Retail
JUNE 5, 2022
Pau Almar is an expert in fashion and apparel retailing that has held several senior management positions in Mango and Zara menswear for the last 10 years in commercial areas optimizing decision-taking, stock efficiency and in-store operations. Additionally, Pau is the editor of Very Good Retail a LinkedIn weekly newsletter about retail and the author … More A guide for potential double digit long-term growth in a mature environment.
Inside Retail
JUNE 5, 2022
Gone are the days of ugly polyester uniforms. The new generation of workwear brands are shaking things up, such as Victorian-based ethical retailer Cargo Crew, which has created stylish hardworking products such as denim aprons and exclusive fade-resistant fabrics. Here, we chat with co-founder Felicity Rodgers about the workwear and uniform industry and her plans to take the business global in the future.
The Retail Creative and Consulting Agency
JUNE 5, 2022
[link]. Image Courtesy of Meta. The Metaverse is making consumers across the globe turn their heads and it’s not just young people. Immersive technologies are quickly becoming more versatile, convenient, and enjoyable to use in our day-to-day lives and Meta has firmly established itself as a visionary in the space. Here, I’ll explore the reasons why the Metaverse is not just ahead of the competition, but a must-have for retailers and brands who want to achieve more using virtual commerce.
Inside Retail
JUNE 5, 2022
We’ve been discussing the death of the cookie for a long time. Google announced plans to entirely phase out third-party cookies within two years. And although Google’s privacy pivot is a win for privacy-conscious consumers; it’s a headache for retailers who rely on these third-party cookies to advertise effectively. At Cheetah Digital, our goal is to always get brands to focus on building out a zero-party data strategy.
Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali
Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.
Inside Retail
JUNE 5, 2022
Woolworths supermarkets and Big W stores will gradually phase out 15- and 45-cent reusable plastic shopping bags nationwide during the next year. The retailers will stop selling them state-by-state starting at Woolworths supermarkets, Metros and online. Natalie Davis, MD of Woolworths Supermarkets, said reusable plastic bags were introduced to help customers adjust to the removal of single-use plastic bags from stores.
Inside Retail
JUNE 5, 2022
Retailers across the United States are struggling to keep shelves full of baby formula, as they face a nation-wide shortage after one of the country’s largest manufacturers recalled its entire range. While the sector was already struggling to get products onto shelves due to supply chain issues, the situation quickly spiralled when Abbott Laboratories was forced to shut its Sturgis, Michigan, manufacturing facility in February after four babies consuming its formula developed bacterial infection
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