Inside Retail
DECEMBER 3, 2023
Propel Group is selling its water-resistant coat and apparel brand Driza-Bone to billionaire mining magnate Gina Rinehart via her S Kidman and Co pastoral company. The deal, whose value has not been disclosed, marks Rinehart’s foray into fashion retail. Driza-Bone, acquired by Propel Group in 2008, was merged with country apparel retailer RB Sellars in 2017.
Retail Focus
DECEMBER 3, 2023
Christmasworld focuses on the strongest-selling and most emotional time of the year and exploits the success factor of experience at the point of sale like no other consumer-goods trade fair. This makes it the world’s most important ordering event for the international decorations and festive decorations sector. Every year in Frankfurt, it presents the latest products and trends for Christmas and all other festive occasions.
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Inside Retail
DECEMBER 3, 2023
Over the last few years, a new demographic is set to become more prominent in the retail landscape. We’re talking about Generation Alpha – or people born between 2010 and 2024. Born into an era of record global birth numbers, when this generation is complete IT will total almost 2 billion globally, and will be the largest generation in the history of the world.
Retail Focus
DECEMBER 3, 2023
If you follow what is being reported and printed in the mainstream media, it seems there is no escape from artificial intelligence, or AI if you prefer. Take the recent meeting between Prime Minister Rishi Sunak and tech billionaire Elon Musk; AI was the focal point of the conversation, with Musk warning AI will lead to the eradication of some jobs.
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Inside Retail
DECEMBER 3, 2023
Clinical trials are vital to advancing medical research, but because they’re usually conducted in laboratories, it’s almost impossible to get everyday people involved, and this can skew the results. However, a new collaboration between clinical researchers at ObvioHealth and Australian pharmacy chain Chemist Warehouse promises to bring clinical trials to a wider audience: Chemist Warehouse’s 500,000 daily shoppers.
Retail Gazette
DECEMBER 3, 2023
Lush boss Mark Constantine has blamed the government for the state of the high street as its cut on council finances has pushed some local authorities to the state of bankruptcy. The chief executive said a rethink was needed to prevent further decline after thousands of stores in the UK had closed in recent years. “The high streets in Britain are deserted,” he told The Times.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Hyken
DECEMBER 3, 2023
Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comment about each article and would like to hear what you think too. How to Avoid Your Cx Initiatives from Being Another Flavor of the Month by Nicole Paul (John DiJulius) You’ve spent months executing a new initiative to help streamline things for your team.
Inside Retail
DECEMBER 3, 2023
It’s time to target people, not browsers. Shopper behaviours are changing rapidly as consumers grapple with the effects of skyrocketing inflation. So how do you know how, when and where Aussies are shopping and reach the right consumer for optimal digital impact in a sea of brand switching? Routine (along with loyalty) has changed as households struggle to make ends meet, and change retailers and brands for better value, convenience and availability.
Inside Retail
DECEMBER 3, 2023
US-listed shares of Alibaba Group Holding declined on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key businesses, hours after PDD raced past its rival to become the most valuable Chinese e-commerce firm. Alibaba’s stock slipped 3.2 per cent to $72.5, touching a fresh one-year low. The shares are down nearly 17 per cent since the company last month posted in line second-quarter revenue and scrapped plans to spin off its cloud business.
Inside Retail
DECEMBER 3, 2023
With Black Friday behind us and holidays like Hanukkah, Christmas and New Year’s just around the corner, retail’s peak period is in full swing. One particular area of interest is advent calendars, which are more popular than ever. Just last year, luxury department store chain Saks Fifth Avenue sold six different types of advent calendars; in 2023, that number tripled.
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Inside Retail
DECEMBER 3, 2023
Understanding the latest trends is paramount for businesses aiming to thrive in an increasingly competitive market. Euromonitor International, a global market research company, recently unveiled its report on the top global consumer trends, which delves deep into the dynamics shaping consumers’ values and shopping motivations, shedding light on the profound influence of artificial intelligence (AI), sustainability initiatives, and socio-economic factors.
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