Sun.Sep 17, 2023

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Opposites attract: Why Berkowitz Furniture snapped up Fenton & Fenton

Inside Retail

Fenton & Fenton does not seem like an obvious fit for Berkowitz Furniture. Although the businesses operate in a similar category – the target audiences, marketing campaigns and product styles are largely different. But Berkowitz Furniture director Peter Berkowitz said this was a key point of attraction that drove its acquisition of Fenton & Fenton, which collapsed and entered liquidation in August.

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Window Display Ideas to Attract a Wide Array of Shoppers

Retail Focus

Many retailers are searching for innovative ways to attract foot traffic. This is particularly important in an age of online shopping, where bricks and mortar locations have more competition than ever. With that in mind, let’s take a look at eight strategic themes for store window displays, designed to cater to varying consumer preferences. Each idea factors in unique shopper demographics and seasons, ultimately driving business growth.

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New Balance opens first Australian UCC concept store in Sydney

Inside Retail

Sports footwear and apparel store New Balance has opened its first UCC retail concept store at Bondi Junction in Sydney. The store is one of New Balance’s eight UCC-style stores in the world. It features a curated collection of footwear and apparel, including its made in USA products. “Bondi Junction is one of Sydney’s most famous shopping destinations – a melting pot of culture, lifestyle, and athleticism,” said Jonathan Clarke, Asia Pacific direct-to-consumer director a

Apparel 259
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Retail Therapy: How Shopping Can Boost Your Mental Health

Retail Focus

We all love a good shopping spree, right? Turns out, there’s more to it than snagging that perfect outfit or the latest tech gadget. It can actually do wonders for your mental health. When you’re done using your slots canada login, we’ll dive into the psychological benefits of retail therapy and dish out some tips for the most positive shopping experience.

Shopping 130
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Fashion label Cos launches with The Iconic

Inside Retail

H&M-owned fashion brand Cos has partnered with pureplay retailer The Iconic to further expand its wholesale presence across the Tasman. The London-based brand sells elevated wardrobe essentials in innovative designs and operates 252 stores across 47 physical markets, 38 online markets and wholesale partners. Lea Rytz Goldman, MD of Cos, said she is “excited” about the collaboration and added this provides an opportunity for the company to “increase brand awareness” and reach new customers in

Fashion 162
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Wilko collapse takes retail job losses to 100,000 since 2020

Retail Gazette

The 12,500 jobs at risk from Wilko’s collapse is set to take the number of job losses on the high street to more than 100,000 since 2020, according to new figures from the Centre for Retail Research. The data shows that there have been more than 17,000 job losses at large and medium-sized retailers this year so far, including some already made at the collapsed value retailer.

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M&S switches plastic bags to paper alternative

Retail Gazette

M&S is ditching its plastic carrier bags for paper versions across all of its shops, under a trial extension which started in 10 stores this January. The Forest Stewardship Council-certified bags, which are now available from all of the retailer’s UK shops, are water resistant due to a natural resin applied to them during the manufacturing process.

Shopping 109
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“Not just about clothes”: Inside Song for the Mute’s Sydney flagship

Inside Retail

Launched in 2010, Song for the Mute has remained a fairly niche player in Australia’s fashion industry. This, despite being available in some of the world’s most recognised retailers, such as Harrods and Selfridges, as well as having recently collaborated with Adidas. Now, Song for the Mute is taking on the next phase of its growth with the launch of its first dedicated flagship store in Sydney.

Wholesale 130
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Exclusive: Sainsbury’s launches range that revolutionises how beef is produced

Retail Gazette

Sainsbury’s is launching a new Taste the Difference Aberdeen Angus range which looks to revolutionise how beef is produced in the UK. The reinvigorated range, which has been in development for ten years and in production for five, will offer a 25% lower carbon footprint compared to industry standard – making it the largest low carbon beef range ever produced in the UK.

Grocer 109
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How to make the retail environment more sensory-friendly

Inside Retail

It is estimated that one in five Australians has a disability, of which 80-90 per cent are non-visible. The Centers for Disease Control and Prevention defines a disability as “any condition of the body or mind… that makes it more difficult for the person with the condition to do certain activities…and interact with the world around them”. People with non-visible disabilities navigate barriers in everyday life.

Shopping 130
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Get MACH Ready: Preparing Your Business for Digital Transformation

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.

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Waterstones owner Elliott makes bid for The Body Shop

Retail Gazette

Waterstones owner Elliott Advisers is in the running to buy The Body Shop. Elliott is understood to have submitted an indicative offer for the health and beauty retailer in recent weeks, according to Sky News. The Body Shop’s owner, Brazilian cosmetics giant Natura, hoisted a ‘For Sale’ sign above the chain last month. It follows its sale of Aesop to L’Oréal for £2bn back in April.

Shopping 104
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Tips from a travel retail expert on tapping into passenger demand

Inside Retail

To say that the Covid-19 pandemic disrupted the retail industry would be an understatement. Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight.

Location 130
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Wilko workers hit with pension cuts

Retail Gazette

Wilko workers signed up to its pension scheme have been hit with a reduction to their savings, as the business’s benefit scheme enters the Pension Protection Fund. According to administrator PwC, the deficit in the scheme has risen to £76m on a buyout basis, compared to the £50m previously thought. While £56m will rank as an unsecured debt, the scheme is due to reclaim £20m from security taken over a distribution centre and other freehold properties.

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Shein pledges an additional US$85 million to support its ESG roadmap

Inside Retail

China’s Shein has allocated an additional US$85 million over five years for its Global Community Empowerment Commitment. The fund will bring the company’s ESG roadmap pledge to $155 million, following the $70 million committed last April. The strategy, dubbed ‘EvoluShein’, consists of nine environmental and social priorities organised under three strategic pillars – People, Planet and Process.

ATS 130
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How Retailers Are Transforming Customer Experiences with Data & AI

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.

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Boots ditches marketplace launch

Retail Gazette

Boots has ditched the launch of its marketplace, which it unveiled this spring. The health and beauty company had said the marketplace would allow third-party brands of any size to feature their products on its website. However, Boots has shelved this plan in favour of boosting its existing dropship programme, which enables third-party brands to deliver their products directly to shoppers, according to Retail Week.

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Success in Online Casinos: Hints and Techniques for Playing Like a Pro

365 Retail

Online casinos have completely changed the gaming business because of the convenience of playing from home. The number of people using online casinos is growing, but it’s not always simple to come out on top. To assist you in having a better time and tremendous success while gambling online, here are the top seven tips: Plan a budget Limiting how much money you may spend is crucial when gambling online.

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Mike Ashley in talks to sell Missguided to Shein

Retail Gazette

Mike Ashley is in talks to sell Missguided to discount fashion giant Shein. According to Sky News, the pair are in detailed discussions and talks have been ongoing for several weeks. The move would be Shein’s first purchase of a British fashion brand. One city source told the publication that the Chinese fashion giant would likely keep Missguided’s brand and other intellectual property but Frasers Group would retain the fashion retailer’s head office.

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Retail Management: Top Tips To Simplify Operations And Achieve Your Business Goals

365 Retail

In a constantly evolving sector, retail managers are tasked with keeping pace with the latest trends and ensuring their business achieves success and stability. This entails a deep understanding of the various facets of retail operations, from inventory management to customer service. But, beyond understanding, there’s a pressing need for simplicity or a way to streamline processes to not only meet business goals but to do so with efficiency and a keen eye on profitability.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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Frasers boss: Business rates are now equal to rents

Retail Gazette

Frasers Group boss Michael Murray has called for urgent reform of business rates, which he claims are now equal to the amount retailers spend on rents. Murray said that retailers used to plan for rates to be around half the rent they pay on properties but they are now around the same level. “It makes it almost unviable. You’re almost paying rent twice,” he told lifestyle magazine, The Gentleman’s Journal podcast.

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Tips for retail success

Retail Focus

Even though it is pretty hard to succeed in retail, it is still a rewarding and successful business. Here are several essential tips for retailers. Sell a brand, not a product There are various types of products, and there are also brands. Defining what a brand is can be challenging. According to the Dictionary of Brand, it refers to an individual’s perception of a certain organization or product.

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In pictures: Frasers Group rolls out upmarket Frasers format to Norwich

Retail Gazette

Frasers Group has opened the doors to its latest Frasers department store in Norwich over the weekend as it continues to roll out the upmarket format. The 100,000 sq ft department store in Chantry Place spans three levels and includes a Sports Direct , USC, Evans Cycles, Game and Belong on the upper floors. The Frasers format was first introduced in Wolverhampton back in 2021 and has since been rolled out to eight more locations including Derby, Newbridge and Cork in Ireland.