Inside Retail

APRIL 24, 2023

With the return of tourism to New York after pandemic-related declines, luxury retailers are again betting on refreshed flagships to drive consumer interest and traffic. According to HSBC analysts, the jeweler grew sales to 5.1 This is after a lot of retailers struggled during the pandemic.” billion in 2025.

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Inside Retail

SEPTEMBER 10, 2023

Why this hasn’t occurred The trouble is that leases turn over on a gradual basis, somewhere between 10-20 per cent of leases in a shopping centre every year, depending on the country and what kind of shopping centre it is. per cent higher than last year, and about the same percentage above what it was in mid-2019. per cent in mid-2021.

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Shopping Consumer Marketing ATS 130

Inside Retail

AUGUST 21, 2023

According to India Retailing , Reliance Retail is thinking of bringing Old Navy and Banana Republic, which are both owned by Gap Inc, to the country. The country’s growing median income earners and robust economy make it an increasingly attractive market for retailers,” she said. billion direct-to-consumer shipments by 2030.

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Department Stores Consumer Fashion Apparel 130

Inside Retail

SEPTEMBER 20, 2023

Likewise, is there a particular amount of retail space in a country, region or locality, that is not too much, not too little, but just right? There are a number of metrics we might use to make this assessment: sales per square metre and occupancy rate are two that immediately come to mind. sqm) and Australia (1.04sqm).

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Accounting Shopping Finance Marketing 130

Inside Retail

NOVEMBER 9, 2022

It follows 20 per cent growth for the brand compared to pre Covid-19 levels, with an eagerness to fly, as well successful initiatives, generating foot traffic and sales. Strand chief executive Felicity McGahan tells Inside Retail that the brand is one of the best kept secrets in the retail industry.

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Fashion Accessories Point of Sale Shopping 246

Retail TouchPoints

FEBRUARY 28, 2024

Winning toy of the year in Germany and the UK in 1979, LEGO Space helped drive a 50% increase in sales for LEGO that year. This same guided approach to building can be applied to data models, especially useful for achieving fast, low-risk and low-cost models suited for purpose in specific vertical industries like retail commerce.

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Inventory Turnover Supply Chain Management Store Layout Marketing 200

Inside Retail

AUGUST 25, 2021

per cent lift in net profit to $2.07 Physical supermarket sales increased by 2.0 per cent to $39.2 billion, driven by a strong first half, while sales slowed in H2, as expected, as customers shopped more frequently with smaller basket sizes. Coles physical store sales are growing by about $152 million, in comparison.

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Supermarket Drop-Shipping Net Profit Fulfillment 130

Inside Retail

FEBRUARY 1, 2023

Flooding in Auckland is hitting the retail industry hard as it recovers from the Covid-19 pandemic. The flooding comes at a challenging time for New Zealand’s retail sector, which is seeing sales of 80 to 85 per cent compared to where it was pre-pandemic, according to Business Desk New Zealand.

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Supermarket Returns Management Shopping 246

Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. We’ve done this faster than we expected,” King said on a call about the retailer’s full-year results on Thursday. per cent year on year.

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Planning Net Profit Department Stores Fulfillment 130

Retail TouchPoints

OCTOBER 14, 2020

They also provide an answer to some of the challenges created by the pandemic, as executives from Woodman’s Markets and Badger Technologies discussed during a session titled The Rise Of Robotics In Retail at the 2020 Retail Innovation Conference. The robots also can improve merchandising.

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Marketing Grocer Location Fulfillment 259

365 Retail

SEPTEMBER 4, 2023

Leisure experience developer Pocket Planet announces today the details of a unique new immersive experiential attraction for London, set to attract over a million visitors per year and to support the revitalization of Oxford Street. Oxford Street is expected to have up to 200 million pedestrians per year walking right past our door.

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Location Planning ATS Marketing 62

A1 Retail

SEPTEMBER 5, 2023

Pocket Planet is building an innovative visitor and retail experience offering Londoners, visitors and tourists of all ages and nationalities affordable and inclusive access to an immersive journey, featuring small scale, but very large model landscapes of UK landmarks, London itself and a selection of scenes from around the world.

Location 59

Location Planning ATS Marketing 59

Inside Retail

JUNE 2, 2023

Gotham, a new, high-end cannabis concept store , has opened an experiential two-storey space in the Bowery in New York City, featuring a retail floor and art gallery. So, it’s definitely a trend these days,” he told Inside Retail. The post Gotham aims to bring NFTs and art to cannabis retail. Can it succeed?

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Accessories Marketing Management ATS 130

Inside Retail

FEBRUARY 13, 2022

At 559 square metres, the store will be roughly twice the size of other Lego Certified Stores in the country and will feature the brand’s new store design, which was unveiled in New York City last year and is being rolled out globally. “It’s It was very rudimentary, but we knew we needed that online presence,” he said.

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Planning Marketing ATS 130

Retail TouchPoints

JULY 9, 2021

For owners and franchisees of multi store chain retail outlets, the news is increasingly real and positive. A Crisis at Traditional Retail. Chain retailers face fierce competition today on many fronts, not least of which is just getting the customer into the store. Energy Efficiency as a Service: A Resource Whose Time has Come.

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Management Accounting Customer Experience Finance 263

Retail TouchPoints

JANUARY 13, 2022

In some parts of the country, the demand for cannabis extraction, distribution and retail dispensaries has outpaced supply. While cannabis operations may be coming to the rescue and joining the ranks of retail tenants, it’s not a simple process to repurpose your storefront for a cannabis operation. Sounds like a win-win? Think again.

Location 261

Location Promotions Management Planning 261

Retail TouchPoints

JULY 20, 2020

headquarters and 91 retail showrooms began to work from home under COVID-19 shelter-in-place orders, people had many things on their minds, but they didn’t have to worry about how to easily and efficiently communicate within the organization. “I So, for example, store management would get a notice that says, ‘Flash sale begins in 36 hours.

Management 174

Management Shipping Location Promotions 174

Vend Hq

MARCH 19, 2018

Good Article.To date, AR is actively being introduced into many areas of business and science. In addition, there are constantly appearing an increasing number of devices using this technology. The technology of augmented reality can increase brand recognition, its interaction with the product, and improve the overall impression that it produces.

Marketing 40

Marketing 40

Inside Retail

DECEMBER 19, 2021

Beauty retailer Mecca is creating new opportunities to connect with Christmas shoppers by introducing gift card vending machines in high foot traffic areas of Australia’s major cities. per cent, according to a recent report by ResearchAndMarkets.com. The global market for vending machines estimated at US$134.4

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ATS Payment Services Supermarket Location 130

365 Retail

AUGUST 12, 2021

The John Lewis Partnership has signed a deal with Tesco to lease a million square foot distribution centre to meet demand for online orders, creating 500 jobs in the process. The site is four miles from the retailer’s largest distribution hub, which is two million square feet.

Home Furnishings 70

Home Furnishings Supermarket Fulfillment Fashion 70

Mass Relators

AUGUST 16, 2021

Amazon added three stores since the end of its first quarter, with a 30,000-square-foot unit in Franconia, Va.; a 7,303-square-foot outlet in Washington, D.C.; and a 25,000-square-foot store in Bellevue, Wash. Amazon’s total net sales for the second quarter (which ended June 30) soared nearly 25% to $113.08

Supermarket 52

Supermarket Location Marketing ATS 52

Inside Retail

JUNE 21, 2021

Woolworths, the multi-brand South African retailer, bought David Jones for $2.1 billion in 2014, and its value is now possibly about $334 million after writedowns and the sale of $630 million in properties. The retailer reported sales momentum in pre-Christmas trading, in part, driven by Black Friday and Cyber Monday events.

Department Stores 113

Department Stores ATS Net Profit Planning 113

Retail TouchPoints

JULY 19, 2021

When we ponder the future of retail, the store is always involved in discussions. In fact, experts and practitioners across the retail spectrum largely agree that the store is a crucial vehicle for customer retention, engagement and loyalty. Even once-digital only brands like Warby Parker have doubled down on their store investments.

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Advertising Consumer Customer Retention Fulfillment 298

Retail TouchPoints

MAY 18, 2022

The value of blending digital innovation with environmental design to create next-generation retail experiences is the message Tom Philipson, Founder and CEO of strategy and design firm YourStudio , shared during the design:retail Conference and Expo session titled Radical Retail: Connected Future at the Retail Innovation Conference and Expo.

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Consumer Returns Location Visual Merchandising 225

Retail TouchPoints

AUGUST 24, 2022

Are “retailtainment” and “experiential retail” essentially different names for the same thing? 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.

Customer Experience 256

Customer Experience Target Market Consumer Marketing 256

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Retailers would be better placed focusing on ways of addressing margin dilution caused by surging shipping prices. 2) Create contingencies.

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Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

JULY 17, 2023

So that’s when I decided to start making my own ice cream with a little ice-cream machine,” Serina Bajaj told Inside Retail. Back then, the picture of veganism was quite different,” Ishpal Bajaj told Inside Retail. From a 150-square-foot space, the brand soon caught on with customers and grew exponentially from there. “We

Grocer 130

Grocer Supermarket Wholesale Marketing 130

Indigo 9 Digital

JANUARY 12, 2023

By Tricia McKinnon Did you know that at one time Sears was the largest retailer in the world? During that time Sears was so dominant its sales represented 1% of the entire United States’ economy with two thirds of Americans shopping there. When Sears came on the scene in 1893 it was the retailer others wanted to emulate.

Merchant Services 111

Merchant Services Consumer Management Department Stores 111

Small Biz Trends

NOVEMBER 13, 2022

“Everyone knows the importance of location from a customer perspective, and you should make sure that it’s a good match (foot traffic, demographics, competition, price per square foot). Search for Businesses for Sale in Your Industry. Evaluate Foot Traffic. ” ~ Sujay Pawar , CartFlows.

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Location Wholesale Advertising Consumer 98

V Count

MAY 5, 2021

KPIs In Retail Every retail business is different, and specific metrics may be more useful to some than others. In General, KPIs are used to determine if a business is meeting its goals in terms of sales, growth, customer satisfaction, etc., Understanding retail metrics can be a great starting point to track your performance.

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Net Profit ATV Customer Retention Store Layout 52

Retail TouchPoints

JUNE 21, 2022

Before the May 25, 2022 grand opening of Amazon Style — the retailer’s initial venture into fashion brick-and-mortar retail — some thought the Los Angeles space at the Americana at Brand would be dominated by technology and devoid of human interaction. Enhancing Physical Retail with Digital Tools. Photo courtesy of Amazon.

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Payment Services Checkout Fashion Jewelry 181

Mass Relators

MARCH 21, 2022

posted solid sales gains in its fourth quarter as customers continued to prepare and eat meals at home. Fourth quarter sales, excluding fuel, were up 3.7% Identical sales without fuel increased 4%, exceeding expectations for a 2.8% Digital sales on a two-year stack grew 105%. CINCINNATI — Kroger Co. from a year earlier.

Fulfillment 52

Fulfillment Returns Marketing ATS 52

Indigo 9 Digital

MAY 30, 2022

Retail will bankrupt Apple again.” The retail sector still faces similar negative commentary but Apple continues to open stores with a perfectionist level of attention on aesthetics and the customer experience. Apple products were nearly invisible, buried amongst other products sold by its retail partners, compromising the Apple brand.

Customer Experience 98

Customer Experience Marketing Returns ATS 98

365 Retail

JANUARY 24, 2024

Finding your business’ new home may take time and effort but the payoff of increased sales and productivity will be worth it. For example, the average cost of a retail space in London is around £49.64 per square foot per year while in Blackpool, you can get the same for just £12.45.

Payment Services 52

Payment Services Location Shopping Planning 52

VMS

MAY 17, 2021

For many grocers, that translated into higher sales. states, reported sales of $132.5 Identical sales (without fuel) were up 14 percent for the year, as customers continued to consolidate trips and spend more per transaction,” said Kroger Chairman and CEO Rodney McMullen. has undergone since opening.

Shopping 52

Shopping Grocer Checkout Visual Merchandising 52

Indigo 9 Digital

NOVEMBER 16, 2023

By Tricia McKinnon Over the past decade direct-to-consumer businesses have popped up in nearly every corner of the retail sector. For the retailer that’s a cost that eats into profits. Warby Parker Warby Parker which was founded over a decade ago in 2010 is often looked at as the crème de la crème of direct-to-consumer retailers.

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Consumer Returns Advertising Marketing 98

Inside Retail

MARCH 15, 2022

Snuggled in a forest at the foot of Japan’s Mt Fuji, Gotemba Premium Outlets is in a location that is picturesque, to say the least. Above all though, Gotemba and the genre of outlet centres to which it belongs represent a triumph of retail branding, and of operational and design excellence. A number of factors are involved.

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Shopping Consumer Location Marketing 130