Inside Retail

MARCH 22, 2023

The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut waste and make goods last longer. In many cases, consumers simply replaced still-functioning goods because they wanted a newer version.

Planning 244

Planning Consumer Management 244

Retail TouchPoints

FEBRUARY 7, 2024

The company said that by storing goods locally it will be able to “significantly shorten” delivery times for customers in the U.S. The company said that by storing goods locally it will be able to “significantly shorten” delivery times for customers in the U.S. and Europe who order from merchants in their own region.

Merchant Services 254

Merchant Services Apparel Shopping Fashion 254

Retail TouchPoints

DECEMBER 27, 2021

With global attention focused on mitigation, adaptation and resilience, how are retailers managing related risks and considering possible business opportunities? Divergence in Practices Among Retail Subsegments. These engagement meetings revealed a range of sustainability efforts, some perfunctory and others proactive.

Supply Chain Management 356

Supply Chain Management Consumer Management Fashion 356

Inside Retail

JANUARY 23, 2024

In a climate-conscious society, brands are looking to become more sustainable for many different reasons, and businesses across sectors, from fashion to furniture to fast-moving consumer goods, are exploring the circular economy as part of this. Here’s a closer look at how three retailers are tapping into the circular economy.

Fashion 130

Fashion Consumer Apparel Shipping 130

Retail TouchPoints

JANUARY 20, 2023

The site sells the same luxury goods you’ll find on NET-A-PORTER or Farfetch , at the same prices, except on Olivela 20% of the net proceeds goes to one of the site’s more than 25 cause partners. Here’s how Boyd is leveraging the dynamics of luxury retail to “nudge the world”…and making the effort financially viable.

Fashion 277

Fashion Checkout Marketing Shopping 277

Inside Retail

NOVEMBER 15, 2023

Sydney-based social enterprise Good & Fugly has released its inaugural The Farm To Supermarket Food Waste Report 2023 , which explores farmer and supermarket relationships. The report highlights the range of concerns worrying farmers such as rising production costs, labour issues, and weather conditions.

Supermarket 246

Supermarket Consumer ATS 246

Retail TouchPoints

NOVEMBER 25, 2020

At Mejuri, we view data as a strategic asset, especially when it helps us create more compelling customer experiences,” said Majed Masad, COO at Mejuri in an interview with Retail TouchPoints. “With COVID and recent market dynamics, tracking variable costs in real time becomes even more important.

Markdowns 199

Markdowns Fulfillment Shipping Marketing Spend 199

Inside Retail

SEPTEMBER 10, 2023

Local clothing and textile manufacturing has shrunk over the years, partly due to higher costs compared to overseas, inadequate, long-term investment and brain-drain. This decline can, in part, be attributed to the outsourcing of production to countries with cheaper labour and other costs.

Fashion 264

Fashion Promotions Planning Accounting 264

Inside Retail

NOVEMBER 29, 2023

In a climate where consumers are wanting more bespoke retail experiences on and offline, businesses are leveraging generative artificial intelligence (AI) to provide this in a way that is both economical and sustainable. We’re a technology platform,” Mys Tyler CEO and founder Sarah Neill told Inside Retail.

Customer Experience 130

Customer Experience Fashion Returns Shipping 130

Inside Retail

JANUARY 3, 2022

The Australian Competition and Consumer Commission has said it will “name and shame” retailers and suppliers jacking up the price of rapid antigen tests, as the Omicron pandemic continues to spread. We won’t be shy to name and shame suppliers and retailers we consider to be doing the wrong thing,” Sims said. “We

Supermarket 240

Supermarket Consumer Management ATS 240

Inside Retail

NOVEMBER 2, 2023

Starbucks Coffee Company has announced Triple Shot Reinvention with Two Pumps – a long-term growth plan for brand elevation, global expansion, and cost efficiency. The firm expects to generate US$3 billion in savings over three years, with $2 billion outside the store from the cost of goods sold.

Planning 130

Planning Returns Customer Experience Location 130

Inside Retail

DECEMBER 9, 2022

Retailers are suffering from ‘inventory bloat’ or too much stock. This means retailers are under a huge amount of pressure this holiday season to clear stock, to release capital and reduce spending on storing it all in warehouses. . That’s a good thing for retailers? Remember the early days of the pandemic?

Fulfillment 182

Fulfillment Management Location Advertising 182

Inside Retail

APRIL 16, 2023

Milham took to Linkedin to explain that the business’ cost of delivery was better than many people on the outside believed, but that the “funding conditions shifted beneath our feet”. “We But, thiskept costs high regardless of demand. Last week, on-demand food and grocery delivery businesses MilkRun and CoLab collapsed.

Supermarket 246

Supermarket Marketing Management ATS 246

Retail TouchPoints

AUGUST 2, 2023

Successful “challenger” offerings in just about every category under the sun rose to unprecedented heights, almost solely on the backs of social media and good branding. took the stage at The Lead Summit in Manhattan in July 2023 to talk about how they are adapting their strategies to meet the new realities of DTC retail. pointed out.

Wholesale 243

Wholesale Drop-Shipping Marketing Accounting 243

Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

Consumer 211

Consumer Payment Services Inventory Management Returns 211

Retail TouchPoints

OCTOBER 14, 2022

Established retailers exploring how a marketplace model would best fit into their business strategy have a common question — what’s the difference between dropship and marketplace fulfillment that utilizes third-party sellers, and how can it benefit their business? The answer is, quite a lot. Differences Between Dropship and a 3P Marketplace.

Fulfillment 277

Fulfillment Management Accounting Retailing Pricing 277

Retail TouchPoints

MARCH 28, 2023

Amid rising costs and fears of a looming recession, however, online retailers are finding they can no longer afford the level of generosity that customers have come to expect. For the post-holiday season just past, it’s estimated that the total value of returned goods will be around $171 billion.

Returns 272

Returns Home Furnishings Supply Chain Management Consumer 272

Retail TouchPoints

JUNE 28, 2022

Recommerce, the sale of secondhand merchandise, is a hot topic as consumers become more enthused about recycling goods rather than contributing to enormous mountains of landfill waste. retail segment; the National Retail Federation (NRF) found the value of merchandise returned by consumers last year topped nearly $750 trillion.

Returns 230

Returns Merchant Services Fashion Fast Fashion 230

Inside Retail

JULY 12, 2023

Documents listed by the Australian Securities and Investments Commission (ASIC) show Calia Australia, which operates the flagship restaurant and retail store in the city’s Emporium shopping complex and a spin-off restaurant at the Chadstone shopping centre, appointed voluntary administrators on June 28.

Payment Services 245

Payment Services Point of Sale Location Shopping 245

Inside Retail

AUGUST 29, 2023

per cent compared to the previous year – predominantly attributed to rising prices rather than goods sold – Domino’s Pizza Enterprise EBITDA fell by 23.3 The retailer appears to have improved sales for the first six weeks of the 2024 financial year, with same-store sales growth of 6.6 While total food sales grew by 2.2

Net Profit 246

Net Profit Consumer Marketing Management 246

Inside Retail

OCTOBER 28, 2022

For months, the world’s biggest online retailer has fought against troubling macroeconomic tides. For the summer event, it sold more items than ever before to its Prime loyalty shoppers, and, meanwhile, the company sought revenue from higher Prime subscription fees and a surcharge on some merchants. . Cloud misses.

Drop-Shipping 243

Drop-Shipping Merchant Services Consumer Advertising 243

Retail TouchPoints

JULY 18, 2023

The mentality of “growth at all costs” is fading — and those that have pursued that path without a strategy for profitability are now finding they can no longer raise the capital they need to continue their growth. A good example of this trend would be Tuft & Needle, an online mattress and bedding brand that was acquired by Serta Simmons.

Specialty Retailers 227

Specialty Retailers Consumer Wholesale Finance 227

Inside Retail

DECEMBER 18, 2023

How will consumers be spending their dollars in the week leading up to Christmas, what are retailers doing to entice consumers in-store and which retailers will benefit from this? These are pressing questions that many in the industry will be asking themselves in the final few big shopping days of the year.

Shopping 264

Shopping Accessories Supermarket Consumer 264

Inside Retail

FEBRUARY 2, 2023

More than three decades after launching the Davenport underwear brand, and 18 years after co-founding 2XU, veteran retailer and entrepreneur Clyde Davenport is back with a new venture built around compression leggings. TheRY is a similar concept,” Davenport told Inside Retail. Davenport is the brand’s chairman.

Specialty Retailers 246

Specialty Retailers Boutique Promotions Marketing 246

Inside Retail

SEPTEMBER 7, 2023

The nationwide impact of the rising cost of living has hit many parts of Australia. As a result, tonnes of products which would otherwise have been sold are being redirected to charities, or in other cases, landfill. Business not exempt It isn’t just consumers who are struggling due to cost of living pressures, but businesses too.

Management 130

Management Consumer ATS 130

Retail Wire

FEBRUARY 1, 2022

Tractor Supply has increased the size of its indirect procurement group, which negotiates purchases of goods not sold in stores, in an effort to reduce costs. The retailer expects inflationary pressures to continue into the first half of 2022 before slowing later in the year.

Planning 100

Planning 100

Retail TouchPoints

MARCH 14, 2023

Returns are, like it or not, as much a part of retail operations as the sales themselves. The exact return rate varies among different verticals and individual retailers, but online sales consistently generate higher levels of returns compared to brick-and-mortar. That means you’re out of business.

Returns 246

Returns Markdowns Fulfillment Consumer 246

Inside Retail

APRIL 27, 2023

The brand sold 100,000 swimwear products over summer – representing a 50 per cent sales increase on the previous year – and is set to open a satellite office in France next month. Budgy Smuggler general manager Brenden Hartmann told Inside Retail that there was no silver bullet behind its significant growth over the last year.

Accessories 246

Accessories Returns Apparel Shipping 246

Inside Retail

AUGUST 9, 2023

Comparing the introduction of rabbits to Australia and the emergence of retail media networks may be a long bow to draw – but bear with me. And this is where the similarity with retail media networks comes in. Over the past 12 months, retail media networks have been breeding like rabbits. It’s a conundrum for Walmart.

Promotions 246

Promotions Returns Marketing Shopping 246

Inside Retail

AUGUST 22, 2022

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. Energyrating.gov.au Perfecting your packaging. Check your suppliers.

Consumer 246

Consumer Promotions Planning Management 246

Retail TouchPoints

NOVEMBER 16, 2023

One in four products sold in the U.S. is now private-label, and a new high for private-label brands was reached in 2022, with sales across retail channels reaching $228.6 However, low-cost cues no longer need to be the center of gravity for private-label food brands. increase in sales, almost twice the gain of national brands.

Employee Engagement 260

Employee Engagement Consumer Marketing ATS 260

Retail TouchPoints

NOVEMBER 24, 2023

One thing brands and retailers can count on this holiday season is that shoppers are being more frugal when it comes to buying gifts. The good news is that most brands already have all the components of a winning social commerce strategy — user generated content (UGC), ratings and reviews, and live shopping capabilities.

Social Commerce 292

Social Commerce Shopping Consumer Marketing 292

Inside Retail

FEBRUARY 22, 2022

Gross margin percentage improved as the average selling price increased at the same time as the cost of goods sold reduced. . A continued focus on inventory efficiency and strong management of supply-chain costs influenced the business. The post Best & Less reports robust trading appeared first on Inside Retail.

Net Profit 130

Net Profit Management ATS Accessories 130

Inside Retail

MARCH 8, 2024

The meaning runs a little deeper than that, but wabi-sabi is essentially what Milligram, a retailer of stationery and other personal goods, is all about. Fast forward to 2023, and the company was renamed Milligram to better reflect what it does, and it now combines e-commerce with physical retail stores.

Beauty and Health 130

Beauty and Health Shipping Location Marketing 130

Small Biz Trends

AUGUST 1, 2022

The sale price dip seems to be driven by more realistic prices being applied by retailers, as indicated by a 3% quarter-on-quarter drop in average cash flow amounts. The sale price dip seems to be driven by more realistic prices being applied by retailers, as indicated by a 3% quarter-on-quarter drop in average cash flow amounts.

Marketing 135

Marketing ATS 135

Inside Retail

APRIL 29, 2024

With a career in finance, logistics, and retail, Walker is well-positioned to create a lasting impact within the retail industry through Good360. I nside Retail: Congratulations on your appointment to the board of Good360, can you share how this decision came about and what your role will involve? A lot of the skills overlapped.

Shipping 147

Shipping Finance Management Promotions 147

Inside Retail

FEBRUARY 26, 2023

Retailers know that hyper convenience is essential to the e-commerce proposition, and many continue to offer ‘free returns’ to remain competitive. However, the real cost of such a service is not sustainable – not for retailers and not for the planet. Why do people return goods?

Returns 130

Returns Shipping Fashion Social Commerce 130