Inside Retail

DECEMBER 5, 2021

Australia Post has deemed November 2021 the “biggest month in Australian online shopping history” after delivering a record 21 million parcels across an admittedly extended sales event period. According to AusPost, online shopping throughout November beat last year’s record by 13 per cent, and jumped 76 per cent on 2019’s figures. The clincher was Cyber Week 2021’s earlier start, said Australia Post general manager of parcels and express services Ben Franzi.

Fashion 287

Fashion Management Shopping 287

VMS

DECEMBER 5, 2021

R EMEMBER ABOUT 10 YEARS ago when the industry first began talking about the concept of omnichannel, or the idea that shoppers should enjoy a seamless experience across channels? At the time, IDC Retail Insights published what would become pivotal research that introduced the term, finding that retailers leveraging omnichannel strategies enjoyed a 15 percent to 35 percent boost in average transaction size, followed by an increase in loyalty customers’ profitability of 5 percent to 10 percent.

Visual Merchandising 52

Visual Merchandising Advertising Consumer Shopping 52

Inside Retail

DECEMBER 5, 2021

You’ve found the perfect dress. You’ve tried it on before and you know it looks great. Now it’s on sale, a discount so large the store is practically giving it away. Should you buy it? For some of us it’s a no-brainer. For others it’s an ethical dilemma whenever we shop for clothes. What matters more ? How the item was made or how much it costs? Is the most important information on the label or the price tag?

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Fast Fashion Fashion Accounting Consumer 147

Mass Relators

DECEMBER 5, 2021

PHILADELPHIA — The GIANT Co. held a ribbon cutting ceremony Friday at its newest Philadelphia store, which is located at 1403 South Christopher Columbus Blvd. The 46,000 square foot store operates from 6 a.m. to 11 p.m., seven days a week, and employs approximately 150 full- and part-time team members, the company says. The new Columbus Boulevard store features GIANT’S signature fresh departments, including farm-fresh garden produce, fresh meat & seafood, full-service deli, and bakery, coupl

Fulfillment 52

Fulfillment Store Operations Fashion Marketing 52

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Management

Inside Retail

DECEMBER 5, 2021

Retail group Metcash has seen half-year profit jump 3 per cent to $128.8 million, while earnings rose 13.9 per cent, off the back of the success of its MFuture program. Group CEO Jeff Adams said the businesses food, liquor and hardware pillars had all benefitted from Metcash’s position in the market, with shoppers increasingly supporting local neighbourhood centres and moving from cities to regional areas.

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Supermarket Marketing 130

Inside Retail

DECEMBER 5, 2021

Last week, online wine retailer Vinomofo announced its acquisition of fellow Melbourne business Revel, which runs several popular food and drink events, including Pinot Palooza and Mould Cheese Festival. . The move will enable Vinomofo to diversify its revenue stream beyond simply selling wine to consumers as it gears up for a potential IPO. Earlier this year, the retailer reportedly tapped investment bank Jardan to help it prepare for a public float, and brought in executive chairman Paul Edgin

Planning 130

Planning Returns Customer Experience Management 130

Inside Retail

DECEMBER 5, 2021

Alibaba Group Holding Ltd said on Monday it was reorganising its international and domestic e-commerce businesses and would appoint a new chief financial officer. The changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown. Alibaba said it would form two new units to house its main e-commerce businesses – international digital commerce and China digital commerce, in a bid to become more agile and accelerate g

Wholesale 130

Wholesale Planning Consumer Shopping 130

Inside Retail

DECEMBER 5, 2021

Competition is heating up as another international sports and apparel brand prepares for the metaverse. Adidas recently announced a partnership with four cutting-edge technology companies: cryptocurrency exchange Coinbase, blockchain gaming platform The Sandbox, non-fungible token brand Bored Ape Yacht Club, and Pixel Vault’s Punks Comics. The news was shared via cryptic tweets among the collaborators.

Apparel 130

Apparel ATS Accessories Fashion 130