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Exhibit A — how Amazon built its hugely successful digital commerce business: 1. Create an effective ecommerce platform 2. Open that platform to third-party sellers 3. Sell those sellers access to logistics and fulfillment services, many of which were already built for its own first-party retail business 4. Sell those sellers advertising opportunities so they have a better chance of standing out amid the ever-growing crowd of other sellers.
Craft tea retailer The Berry Tea Shop has launched an equity crowdfunding campaign via Birchal as it seeks to scale the business and expand its product portfolio. The money raised will be used primarily to secure a new warehouse, venture into wholesale, scale marketing efforts, and introduce new products – including developing a ready-to-drink range.
The pace of technological change — as well as consumers’ increasing demand for always-on-shopping, anytime, anywhere — has left some retailers struggling to innovate digitally to meet customers’ evolving wants and needs. Case in point: according to McKinsey’s 2022 Global Survey on digital strategy and investments , most brands report much lower than expected revenue increases from their digital transformations.
With affordability and sustainability remaining top of mind for Australian consumers, an increasing number of individuals are turning to and relying on second-hand products. According to Statista , the second-hand market’s value in Australia exceeded $60 billion in 2022, with 85 percent of Australian households having unused or unwanted items.
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.
A bankruptcy judge in the Southern District of Texas has approved Party City ’s plan to emerge from bankruptcy, multiple sources report. The plan, which will cancel $1 billion in company debt, will enable Party City to close just a “handful” of its nearly 800 stores and save thousands of jobs, Party City attorney Ken Ziman said at a court hearing in Houston, as reported by Reuters.
Family business Berkowitz Furniture has acquired collapsed Melbourne-based homewares retailer Fenton & Fenton rescuing it from liquidation. Plans are underway to reopen the retailer’s physical stores and e-commerce operations later this year. Founder Lucy Fenton will be retained by the new owners as creative director to maintain the brand’s integrity, Berkowitz Furniture CEO Peter Berkowitz said.
Books-A-Million will leverage its 231 stores to offer same- and next-day delivery using the white label Walmart GoLocal service, which Walmart introduced in August 2021. In the coming weeks, Books-A-Million will roll out the service nationwide, beginning in the Southeast and Midwest markets. Orders placed before 3 p.m. will be delivered that same day, with orders placed after that delivered the following day.
Books-A-Million will leverage its 231 stores to offer same- and next-day delivery using the white label Walmart GoLocal service, which Walmart introduced in August 2021. In the coming weeks, Books-A-Million will roll out the service nationwide, beginning in the Southeast and Midwest markets. Orders placed before 3 p.m. will be delivered that same day, with orders placed after that delivered the following day.
Australian retailers have welcomed the Senate’s vote to delay its controversial workplace bill to allow time for further consultation. On Monday, Workplace Minister Tony Burke introduced the Closing the Loopholes bill making it a criminal offence to deliberately underpay workers with a maximum penalty of 10 years in jail and a maximum fine of $5 million.
L’Oréal Group will purchase the Aēsop beauty brand from Natura &Co , parent company of Avon and The Body Shop , in a transaction that values Aēsop at $2.52 billion. Aēsop operates approximately 400 points of sale across the Americas, Europe, Australia, New Zealand and Asia, with a recent advance into China, where the brand opened its first store in 2022.
Australia’s social commerce industry is expected to register a 12.2 per cent growth this year reaching a market value of $2.67 billion. Social commerce is defined as the use of social media and digital networks to facilitate transactions between customers and businesses. According to Research and Markets, the trend of social buying and shopping is expected to record “significant expansion” in coming years with the gross merchandise value of such transactions predicted to reach $5.17 billion by 2
Instacart has made a number of updates to its tools for grocers, further expanding its reach beyond its own app. The updates include new features for retailers that use the Instacart Storefront solution to power their ecommerce; updated functionality for its Caper Carts smart shopping carts; and a new app for Shopify that gives CPG brands access to Instacart Ads. “We’ve long believed the future of grocery — and commerce in general — isn’t online or in-store, it’s both, an
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Two U.S. states, Illinois and Virginia, are taking steps to separate alcoholic beverages designed to resemble popular juice drinks from their non-alcoholic counterparts on store shelves. Beverage companies have introduced alcoholic versions of well-known non-alcoholic beverages, often with similar branding and logos. Regulators are concerned that these products could confuse shoppers, particularly parents looking for.
Retailers are tackling pressing issues, from wavering customer loyalty to finding the next channel or platform they need to sell on. But leadership teams still need to keep an eye on strategies for long-term, profitable growth. To juggle long- and short-term priorities, executives must address key questions, including: How can we prepare for shifts in customer behaviors?
American Eagle Outfitters has raised its annual revenue forecast, mirroring Abercrombie & Fitch, as it anticipates steady demand for its products despite ongoing high inflation. Despite reporting second-quarter revenue in line with expectations, the company’s shares fell around 3% in extended trading, though they have gained over 45% in the quarter.
Sensormatic Solutions has introduced an acousto-magnetic metal label designed to protect high-risk products with metal surfaces like cookware, canned foods and power tools. The new label helps retailers protect previously unprotectable items, while also reducing the labor demand associated with tagging and monitoring these products. Additionally, Sensormatic has expanded its magnetic InFuzion hard tag family, including an ink version for visual deterrence and a wide-gap version for thicker items
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Thieves in Spain made off with $500,000 worth of extra virgin olive oil as prices for the liquid gold have surged due to drought and reduced production. The theft, which involved at least 50,000 liters of olive oil stored in a warehouse, prompted an investigation by the country’s Civil Guard. Spain’s olive oil production has.
During summer 2023, Impact Retail were challenged to design & deliver an enviable beauty experience for Elizabeth Arden. And they certainly delivered. Leveraging some of the most vital beauty trends in modern retail, the exclusive pop-up sites within Boots stores have been wonderfully received by peers and consumers alike. Elizabeth Arden’s eponymous founder was a pioneer in the skincare industry, acting as inspiration for many brands in the beauty sector today, which makes this pop-up so
Party City’s Chapter 11 bankruptcy plan, aimed at reducing approximately $1 billion in debt, has received approval from a U.S. bankruptcy judge. This plan will transfer all of the equity value to the retailer’s lenders and is expected to strengthen the business, leading to the closure of only a few out of its nearly 800.
Skincare brand Aesop has collaborated with designer Samuso Hyojadong to create a store in Seochon, Seoul , that features an open facade and an oversized stone plinth. Positioned in one of the oldest neighbourhoods of Seoul's Jongno-gu district, the Seochon outlet was created to "fit harmoniously within its local context", according to Aesop's design team.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
Our Barehands , a Singaporean purpose-driven fashion firm, showcases a range of apparel and accessories made by underserved communities, including Afghan refugees. Behind the brand are three young Singaporeans: Germaine Lye and Mitchell Hong, a married duo, along with their close associate, Chanel Go. We recently caught up with Lye and Go to get their thoughts on career, leadership skills and their general perspective on running a business.
Good360 Australia says the volume of unsold products received from retailers has increased by 20 per cent over the past year as companies do more to ease consumers suffering from the cost-of-living crisis. These items, including clothing, homewares, appliances, toiletries, and toys, would have been discarded if Good360 had not been able to redistribute them.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
In the bustling commercial landscape of Kuala Lumpur, the KLCC Property Holdings Berhad (KLCCP) Stapled Group stands out not just for its iconic property assets like the Petronas Twin Towers, but also for its strategic advances in the retail sector. Its assets include Menara ExxonMobil, Suria KLCC, and the five-star Mandarin Oriental hotel in Kuala Lumpur.
The nationwide impact of the rising cost of living has hit many parts of Australia. As recent ABS data shows, customers are almost universally shifting their spending habits, signalling difficult times for businesses and customers alike. As a result, tonnes of products which would otherwise have been sold are being redirected to charities, or in other cases, landfill.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Rihanna has collaborated with sportswear manufacturer Puma to launch a new Fenty x Puma collection, dubbed the Avanti. Fenty x Puma Avanti – a hybrid style that blends Puma’s King football boot and Easy Rider running shoe – is made of soft vintage leather and has a fold-over tongue with a gold-foil Fenty and Puma Cat logo. The Avanti’s design, according to Puma, pays respect to the brand’s football legacy with its gum outsole and leather footbed.
An unauthorized third party accessed some of the retailer's systems between January and March. The company is offering identity theft services to those impacted.
Our Barehands , a Singaporean purpose-driven fashion firm, showcases a range of apparel and accessories made by underserved communities, including Afghan refugees. Behind the brand are three young Singaporeans: Germaine Lye and Mitchell Hong, a married duo, along with their close associate, Chanel Go. We recently caught up with Lye and Go to get their thoughts on career, leadership skills and their general perspective on running a business.
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