Inside Retail

MAY 12, 2024

HMC Capital has bought a 10.29 per cent stake in Baby Bunting , the baby products retailer, making it the second largest substantial shareholder of the company. According to the annual report last year, AustralianSuper leads the substantial shareholders of Baby Bunting, followed by Bennelong Funds Management Group. However, a May 9 disclosure stated that Bennelong Funds Management Group has ceased to be a substantial shareholder of the company.

Customer Experience 272

Customer Experience Management Planning Consumer 272

Retail Wire

MAY 12, 2024

California’s electricity payment system is getting a makeover. Recently, state regulators greenlit a shift to flat-rate billing, aiming to curb surging energy costs. Under this new scheme, most customers of investor-owned utility companies will face a fixed monthly charge of $24.15, trimming the per-kilowatt-hour usage fee by five to seven cents.

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Inside Retail

MAY 12, 2024

Understanding consumer behaviour is critical to creating a relevant retail offer and marketing message, but what happens when consumers behave in contradictory ways? Many retailers will recognise the reality that despite consumers saying they care about sustainability , their spending tells a different story. Similarly, a new study by strategic consultancy agency Nature found that while consumers are more health-obsessed, busy and connected than ever, they are also unhealthy, bored and lonely.

Consumer 263

Consumer Marketing Management ATS 263

Retail Wire

MAY 12, 2024

China's electric vehicle (EV) sector is making strategic moves into offshore markets for increased funding, exemplified by the recent success of Zeekr, a premium EV brand under Geely, which saw its shares surge 34% in the largest US IPO by a Chinese company since 2021.

Marketing 246

Marketing 246

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Customer Experience

Inside Retail

MAY 12, 2024

IGA, Coles, and Woolworths are among the retailers and beef processors that have failed to address deforestation in their supply chains, according to a report by Greenpeace Australia Pacific. The Greenpeace Scorecard. Source: Greenpeace Australia Pacific The companies assessed include Aldi, Woolworths, McDonald’s, JBS, Tyson, Coles, Hungry Jacks, Teys, IGA, and Comgroup.

Accounting 246

Accounting Management ATS Supermarket 246

Retail Wire

MAY 12, 2024

AI, celebrated for its productivity-boosting capabilities, harbors a deceptive side as revealed by recent research. This unsettling finding underscores the need for heightened awareness and regulatory measures to address the risks posed by AI's ability to induce false beliefs.

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Retail Wire

MAY 12, 2024

Walgreens recently settled a class action lawsuit, potentially putting cash in the pockets of Americans who faced job denials due to background checks. The settlement, a result of alleged Fair Credit Reporting Act violations, offers up to $918.28 to affected individuals. While Walgreens didn’t admit fault, it agreed to pay an undisclosed sum.

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Inside Retail

MAY 12, 2024

Yep, Google has once again pushed back its plan to deprecate third-party cookies in Chrome. This latest delay highlights the regulatory scrutiny and industry challenges Google faces in finding a privacy-forward replacement for the longstanding tracking mechanism. Sorry, what are third-party cookies again? Third-party cookies are small pieces of data used by websites to track people’s browsing activity.

Advertising 246

Advertising Planning Marketing Management 246

Retail Wire

MAY 12, 2024

Mother’s Day, is celebrated across the globe, with its current roots tracing back to the United States, where it is observed on the second Sunday in May. In the Middle Ages, people return to visit their original home parishes and their mothers on Laetare Sunday, the fourth Sunday of Lent. This tradition evolved into Mothering Sunday in Britain, but has been largely supplanted by the American-style of Mother’s Day.

Promotions 130

Promotions Returns 130

Inside Retail

MAY 12, 2024

Value for money isn’t the only value on shoppers’ minds. Consumers are increasingly seeking out brands that align with their personal values. So how can you make that your competitive advantage? Ashling Withers explains. The world is a tough place today. With increasing geo-political instability, cost of living stress and growing anxiety, it makes sense consumers are orienting towards organisations and brands that ensure value for money.

Customer Experience 147

Customer Experience Consumer Management Marketing 147

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Accounting

Retail Gazette

MAY 12, 2024

Shein is stepping up its plans for a record-breaking £53bn float on the London Stock Exchange. The Chinese fast-fashion giant retailer is reported to have picked London for a listing, after facing regulatory hurdles between China and the US, and pushback from lawmakers across the pond. The business plans to update China’s securities regulator on the change of its listing venue from New York to London and file with the London Stock Exchange as soon as this month, a source told Reuters.

Planning 122

Planning Fast Fashion Fashion ATS 122

Dezeen

MAY 12, 2024

Fashion brand Diesel has debuted a retail design concept at its store in the Miami Design District , featuring raw metal surfaces and a red lacquered spiral staircase. Designed under the creative direction of Glenn Martens, who joined the brand in 2020, the industrial-style store is intended to reflect "the brand's signature bold attitude". Diesel's new store in Miami Design District debuts an industrial-style retail concept "Envisioned as a fresh, powerful expression of Diesel 's design edge an

Accessories 102

Accessories Boutique Fashion Apparel 102

Retail Gazette

MAY 12, 2024

Iceland has been named as one of The Sunday Times Best Places to Work in 2024. The annual list recognises companies with the highest employee engagement and wellbeing levels. The frozen food retailer , alongside its sister brand The Food Warehouse was the only UK supermarket to feature in the ‘very big’ organisation category. The Sunday Times Best Places to Work ranks organisations in six areas: reward and recognition, information sharing, empowerment, wellbeing, instilling pride and

Supermarket 105

Supermarket Employee Engagement 105

Retail Gazette

MAY 12, 2024

Retailers including John Lewis, Tesco, and M&S are calling for a significant overhaul the Apprenticeship Levy, calling it as a “complete waste of money” Despite contributing millions of pounds, the retailers argue that the regulations surrounding the levy restrict their access to the funding pool. Firms with a wage bill over £3m must pay a levy of 0.5% of their annual payroll to the government fund.

Returns 104

Returns Supermarket ATS 104

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Customer Experience

Retail Gazette

MAY 12, 2024

Very Group has appointed YouGov founder and former senior government minister and MP Nadhim Zahawi as non-executive chair and board member. Zahawi, who recently said he would stand down as an MP at the next general election, is joining the largest remaining part of the Barclay family’s empire, replacing interim chair Aidan Barclay who joined in February after Dirk Van den Berghe exited at the end of his contract term.

Management 52

Management Marketing ATS 52