Sat.Aug 20, 2022 - Fri.Aug 26, 2022

article thumbnail

Pricing Strategies Explained: Which One is Right for You?

Wiser

One of the biggest challenges for retailers is deciding on—and implementing—a pricing strategy that will increase profits and drive customer loyalty. It can be tough when you’re pricing new products. Set your prices too high and you can miss out on possible sales. Set your prices too low and you might miss out on profits. It’s all a balancing game to find the right price.

article thumbnail

Making use of the space above your retail store

Retail Focus

In the ever-changing world of retail, landlords may need to diversify how they create sustainable income. One way is to convert the space above your store into living accommodation. Now that you have put all the hard work and graft into finishing off your conversion with all the insulation, cladding, and electronics fitted, here are a few ideas and inspirations on ways you could make full use of your new space. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to go green (without greenwashing)

Inside Retail

As the world strives to reduce global carbon emissions, it’s vital that retailers play their part. Ethical sourcing, better packaging, and practical carbon-reducing measures are all key ways for retailers to become more socially and environmentally responsible. But while it’s easy to say that you’re going to be more sustainable, putting it into place is a whole other task entirely.

Consumer 246
article thumbnail

Spotlight: Wanish Sugar Bush’s Founder Proves That Entrepreneurship Has No Age Limit

Small Biz Trends

Entrepreneurship has no minimum age requirement, as the founder of Wanish Sugar Bush is proving. Initially, the teenager started his business at just 15 thanks to help from his family. And now, he’s ready to make it his full-time job after graduation. Read about his journey and unique offerings in this week’s Small Business Spotlight. What the Business Does.

article thumbnail

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.

article thumbnail

4 Ways Brands Can Prepare Their Email Marketing Program for BFCM

Retail TouchPoints

Black Friday and Cyber Monday (BFCM) are right around the corner, and many ecommerce brands are already planning for another uncertain year. Between inflation, increased marketing costs — especially paid ads — seasonal shipping costs surcharges and potential supply chain disruptions, finding every last opportunity to increase profits during the busiest time of the year is critical for brands.

Marketing 315
article thumbnail

King Living open European flagship on Tottenham Court Road

Retail Focus

Australian furniture brand King Living lands amongst homeware flagships; bringing their cool, contemporary and authenticity to Europe for the first time. Designed by Barber’s team on the ground in London; King Living came to Barber Design for their reputation and deep knowledge in the retail design sector. After several online meetings and being initiated into the brand virtually- due to the pandemic- Barber learned about the King Living brand and their unique family-led approach.

More Trending

article thumbnail

Shopper Marketing Weekly Snacks #20

Tokinomo

Campaign scoop. No compromise. We all know that family vacations are not considered relaxing. Pepsi Zero is here for all who need a break after the family vacation. In their short, but witty commercial , you could see that a Pepsi can go a long way after you’ve compromised with your family during the vacation.

Marketing 224
article thumbnail

Bath & Body Works Rolls Out Loyalty Program Nationwide

Retail TouchPoints

Bath & Body Works has launched its loyalty program nationwide at the retailer’s 1,750+ locations following testing in select markets. The personal care and home fragrance retailer also debuted its My Bath & Body Works App, which allows shoppers to earn rewards points through any channel and provides exclusive content. Additionally, the in-app wallet stores rewards points, offers and gift cards to provide a convenient experience to customers.

Location 288
article thumbnail

Primark launches vintage clothing concessions in Birmingham and Manchester

Retail Focus

Primark is partnering with the Vintage Wholesale Company, an independent vintage clothing business, to open two new concessions in its flagship Birmingham and Manchester stores, under the brand WornWell by the Vintage Wholesale Company. . The Vintage Wholesale Company supplies quality, used clothing in the UK and Europe and sources the best vintage treasures from around the world.

Wholesale 279
article thumbnail

Retail Food Group profit rises despite trading difficulties

Inside Retail

Multibrand food chain franchisor Retail Food Group (RFG) says tax-paid profit increased more than threefold to $5.3 million despite a challenging trading environment. . The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U Michel’s Patisserie, Pizza Capers and The Coffee Guy. Earnings before income and taxes rose 4.6 per cent to $17.3 million while same-store sales grew 2.3 per cent compared to the previous year.

ATS 264
article thumbnail

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.

article thumbnail

How to support shoppers during the rising cost of living issue

Tokinomo

We’ve talked about the most pressing challenges grocers are facing at the moment in our latest expert round-up. One of those issues was the rising inflation which is cousins the cost of living to increase fast.

Grocer 193
article thumbnail

How ‘Retailtainment’ Multiplies the Impact of Experiential Spaces

Retail TouchPoints

Are “retailtainment” and “experiential retail” essentially different names for the same thing? Not really, although they do share a number of elements. Retailtainment concepts tend to downplay a key element of retail — actually selling products — and amplify a partnership or association with a well-known pop culture, hospitality or even food brand. “Experiential retail,” in contrast, is typically used to describe how brands and retailers are using technology, visual storytelling and other method

article thumbnail

Leading Labels, offering a range of clothing brands, has opened its doors at Sunderland’s The Bridges.

Retail Focus

Fast growing chain, Leading Labels, has chosen the city for its newest branch, which is now open in the unit formerly housing Topshop and Topman. And the arrival of Leading Labels means Sunderland shoppers will have access to a whole host of big names. The range of men’s’ clothes are provided by Blue Inc, which previously had a store in the centre while the women’s labels include Izabel London, Regatta and Solo, among many others.

ATS 246
article thumbnail

Domino’s Pizza buys businesses in three Southeast Asian markets

Inside Retail

Australian-based pizza company, Domino’s Pizza Enterprises (DPE), has acquired the entire stake in the Domino’s Pizza businesses in Malaysia, Singapore and Cambodia, aiming to further expand its presence in Asia after buying the Taiwan business last year. The listed Australian company will acquire Mikenwill, which owns the master franchise holder in Malaysia, and Impress Foods Pte Ltd, which owns Domino’s Pizza Singapore and 62 per cent of Domino’s Pizza Cambodia.

Marketing 246
article thumbnail

Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

article thumbnail

Chipotle in Michigan is the first to vote for a union

Retail Wire

A Chipotle Mexican Grill in Lansing, MI, is the first restaurant within the chain to vote to unionize. “We set out to show that our generation can make substantial change in this world and improve our working conditions by taking action collectively,” said Samantha Smith, 18, a crew member at the restaurant. Chipotle expressed disappointment in the result. “Our employees are our greatest asset, and we are committed to listening to their needs and continuing to improve upon thei

ATS 130
article thumbnail

WSJ: Bed Bath & Beyond Boosts Liquidity With $375M Loan

Retail TouchPoints

Bed Bath & Beyond (BB&B) has secured a $375 million loan, according to the Wall Street Journal. Citing sources familiar with the matter, WSJ reported that the retailer has selected a lender following a marketing process conducted by JPMorgan Chase & Co. The loan will provide BB&B with greater liquidity and give a confidence boost to suppliers regarding shipping items to the retailer.

Finance 288
article thumbnail

Frasers Group unveils plans for the next cohort of FLANNELS Flagships

Retail Focus

Frasers Group plc today announced plans for three more FLANNELS flagship stores. The plans will see FLANNELS flagships open in Leeds, Cardiff, and Gateshead, all upwards of 80,000 sq. ft in size, and bringing with them the best in luxury fashion, beauty, and experience to each location. The stores are described as modern, agile retail experiences, that will become leading destinations for new luxury, through a world-class offering and innovative designs.

Planning 182
article thumbnail

Coles overcomes floods, supply chain challenges to post $1bn profit

Inside Retail

Ongoing supply chain issues, flood disruptions and rising cost pressures failed to dent Coles’ full-year tax-paid profit which grew by 4.3 per cent to $1 billion. Sales for the year ended June 26 rose by 2 per cent to $39.4 billion, although EBIT slipped by 0.2 per cent to $1.9 billion due to Covid-related expenses and “project implementation costs” E-commerce revenue remained strong throughout the year at double pre-pandemic levels and the company has expanded click-and-collect serv

article thumbnail

How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

article thumbnail

Offshoring jobs may be a side effect of remote work

Retail Wire

Companies may consider replacing U.S.-based employees with cheaper labor from overseas to handle jobs that don’t require workers to show up to an office, says Richard Baldwin, an economist at the Graduate Institute in Geneva. “If you can do your job from home, be scared. Be very scared,” Richard Baldwin, an economist at the Graduate Institute in Geneva.

ATS 130
article thumbnail

Sephora to Pay $1.2M for California Data Privacy Violations

Retail TouchPoints

Sephora has been fined $1.2 million for selling consumers’ personal information without informing them first and not processing customer requests to opt out of sale of their data, in violation of the California Consumer Privacy Act (CCPA). California Attorney General Rob Bonta noted that the state informed Sephora of the data privacy violations following an investigation of online retailers but that the retailer failed to correct the issues within the 30-day grace period afforded by the CCPA.

Consumer 269
article thumbnail

Art retail concept The Hook selects Seven Dials for West End flagship

Retail Focus

Shaftesbury has today announced the signing of art retail concept, The Hook, for its first central London showroom in Seven Dials. The experiential art gallery is the latest innovative brand to join Seven Dials’ creative community and is set to open a 1,588 sq ft space on 37A Neal Street this September. Founded in 2021, The Hook is committed to creating an approachable, omnichannel and consumer-focused experience that is designed to educate, and not intimidate, both instore and online.

Location 182
article thumbnail

Coco Republic to open California flagship stores, hints at global plans

Inside Retail

Coco Republic is to launch two flagship stores in California ahead of a progressive rollout in selected US markets and other global locations, the company has announced. The plan coincides with the appointment of two key executives in the US: Eric Bauer as global CEO and Skye Westcott as president of North America who will lead what Coco Republic, the Australian-founded furniture and homewares chain, describes as an “accelerated global expansion, initially focused on the California market”. R

Planning 246
article thumbnail

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.

article thumbnail

Bed Bath & Beyond to share a new plan to fix its business

Retail Wire

Bed Bath & Beyond plans to share its latest plan to put its business on steady footing and come back from its current set of challenges. The company is said to be in talks with a lender to strengthen its finances going forward.

Planning 130
article thumbnail

Qurate Retail Group Appoints Interim CFO, Creates Chief Transformation Officer Role

Retail TouchPoints

Qurate Retail Group has appointed James Hathaway as interim CFO following the resignation of former financial chief Jeffrey A. Davis. The parent company of brands such as QVC , HSN and Zulily also has created a new Chief Transformation Officer role and promoted William Hunter, currently SVP of Business Transformation and Shared Services, to the post.

Finance 254
article thumbnail

My Being retail store by Cannabotech shortlisted for the Creative Retail Awards 2022

Retail Focus

The flagship My Being retail store by Cannabotech has been shortlisted in the Technology category for the Creative Retail Awards 2022. Amongst many other strong candidates, the flagship store was selected as one of the five finalists. Entrants needed to demonstrate how technology enhances the retail store and enriches the customer experience. Cannabotech’s science-driven approach is prominent in its My Being retail store and in-store experience.

article thumbnail

Wittner goes for gold: In conversation with CEO Catherine Williamson

Inside Retail

Not many consumers realise that iconic Australian footwear brand Wittner was launched in 1912 by HJ Wittner in Melbourne but this year, the business is celebrating its 110th anniversary with its exclusive 1912.4 Karat Gold collection. We chat with CEO Catherine Williamson about how the business has survived the ups and downs over the past 110 years, the development process behind the collection and what retail excellence looks like in the current climate.

Fashion 246
article thumbnail

Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

article thumbnail

Amazon Care is being shut down in surprise move

Retail Wire

Amazon.com is closing Amazon Care, the company’s in-person and Telehealth service, at the end of the year. Amazon senior vice president of health Neil Lindsay said that the decision to close was made after feedback from the company’s large enterprise customers that it did not fill enough of their needs. The move is seen as surprising in light of Amazon’s recently announced deal to acquire One Medical for $3.9 billion, pending regulatory approval.

ATS 130
article thumbnail

Why Headless Commerce? Why Now?

Retail TouchPoints

Put simply, headless commerce is an ecommerce system that decouples the front-end web system from the ecommerce back-end engine. Most digital stores are built on ecommerce engines that provide both the product offering and processing engine, which is directly integrated with the website, and storefront. A headless ecommerce platform has the front end (or “head”), often a template or theme, separated from the backend mechanics of running an effective ecommerce solution.

Consumer 278
article thumbnail

Caledonia Park signs Cornish Bakery in Scottish debut

Retail Focus

Railpen, the investment manager responsible for the safekeeping and administration of over £37 billion AUM for several pension schemes has announced the award winning, independent Cornish Bakery, will open later this year at Caledonia Park, Scotland’s premier design village, marking a national debut for the brand. Cornish Bakery, which delivers a range of exceptional coffee and pastries, is set to open a 2,500 sq ft unit later this year.

Location 182
article thumbnail

Booming e-commerce bolsters Woolworths top line in ‘challenging’ year

Inside Retail

Woolworths Group boosted its sales by 9.2 per cent to $60.85 billion last financial year, with e-commerce revenues up 39 per cent to $6.26 billion. . In its results announcement for the year to June released today, the grocery retailer reported EBIT of $2.69 billion, down 2.7 per cent year on year, and a net profit attributable to shareholders of $1.514 billion, up $10 million on year.

article thumbnail

Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.