Inside Retail

FEBRUARY 12, 2023

Hotel and liquor retailer Endeavour Group has delivered strong first-half sales of $6.5 billion, 2.5 per cent higher than last year. EBIT increased by 15.8 per cent to $461 million, which the company attributes to the hotel operations’ return to full swing after the pandemic. On a three-year comparative basis, hotel and retail sales are trading at 4.7 per cent and 4.5 per cent cumulative annual growth rates, respectively.

Finance 246

Finance Returns ATS 246

Inside Retail

FEBRUARY 12, 2023

Trans-Tasman electronics retailer JB Hi-Fi has reported record earnings in its December half as trading conditions normalise. For the six months to December 31, the business reported an 8.6 per cent increase in sales to $5.28 billion driven by elevated customer demand as well as “well-executed” Black Friday and Cyber Monday promotional periods. Earnings before income and taxes grew 14 per cent to $479.2 million while tax-paid profits rose 14. 6 per cent to $329.9 million.

Promotions 242

Promotions Marketing ATS 242

Inside Retail

FEBRUARY 12, 2023

Nissan and New Balance have teamed up to produce the Kicks 327 – a car that mimics a trainer. The partnership is a play on the car’s name and was created to advertise Nissan’s electric Kicks SUV. The automobile has the suede upper from the 327, as well as everything from the original sneaker’s textile stitching to its white laces, and is finished with a placed wrap. “The 327 has a stylish SUV-like appearance and is light and sticks to the ground,” the brand told Dez

Advertising 130

Advertising Marketing 130

Inside Retail

FEBRUARY 12, 2023

Fabrica X, the experiential concept store launched last year by The Mills Fabrica in Hong Kong, has kicked off a new campaign celebrating innovation in biomaterials. Biomaterials are new materials made from organic waste, such as alternative leathers derived from coffee waste and footwear made from wood. The campaign is in line with Fabrica X’s mission to explore different aspects of sustainability through a combination of retail, education and experiences.

Consumer 130

Consumer Accessories Apparel Promotions 130

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

Customer Experience

Inside Retail

FEBRUARY 12, 2023

In a report provided to Inside Retail , research consultancy agency Cognition Research has stressed the need for retailers to prioritise their understanding of consumer needs and behaviours, as a way of capturing customer loyalty and spend amid cost-of-living challenges According to its ‘Key thoughts and retail trends for 2023’ report, a two-speed economy appears to be evident , and the way that brands communicate value is likely to be particularly important in sectors such as food and beverage,

Boutique 130

Boutique Retail Trends Consumer Shopping 130

Inside Retail

FEBRUARY 12, 2023

The retail sector has been hard hit by job losses in recent weeks, as businesses look to cut costs ahead of a challenging year, when consumers are expected to rein in discretionary spending. Wesfarmers has let go of 100 employees in its e-commerce business Catch, with the headcount in some departments reduced by up to 30 per cent, while New Zealand’s The Warehouse Group has cut 190 jobs in its support office, and e-commerce giant Ebay has cut 500 jobs worldwide.

Returns 130

Returns Planning Management Consumer 130