Sun.Nov 26, 2023

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Bunnings tops rankings in customer experience excellence

Inside Retail

Bunnings is the retailer 2500 Australians surveyed by KPMG believe offers the most excellent customer experience. KPMG surveyed more than 20,000 people globally and over 2500 in Australia asking which brands deliver the best customer experience. The Body Shop ranked second while Mecca landed third among the top 10 Australian non-grocery retailers, followed by Specsavers and Chemist Warehouse. “In the retail sector, the digitisation of customer journeys across channels has been a differenti

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Black Friday spending edges up as electricals sales soar at John Lewis

Retail Gazette

Black Friday spending across retail was up year on year, as John Lewis said air fryers and earphones help its small electricals sales soar 31%. According to Nationwide, the number of purchases was up 2% on Black Friday last year and 12% on 2021’s discounting event, making it the busiest shopping day on record. Over the course of the day, Nationwide members made 9.92 million transactions, the equivalent of more than 114 transactions every second.

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Analysis: What the Black Friday spending boost means for Christmas sales

Inside Retail

The Cyber Week sales event seems to have gone off without a hitch: with data from Adobe Analytics showing that Black Friday spending in the US was up 7.5 per cent on last year’s figures, hitting $14.9 billion. The pre-Christmas event, which has grown steadily in recent years, took on new importance in 2023 following a year of higher-than-average inflation and lower-than-average spending.

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Asos scraps diversity bonus target for directors to focus on profits

Retail Gazette

Asos has changed its criteria for directors to achieve their bonuses, scrapping diversity targets. The online fashion giant’s annual executive bonus will now mainly be based on hitting profit targets, along with improving its share prices and profit margins. It comes as other big companies have faced investor pressure to deprioritise ESG targets and refocus on profits.

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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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Australian regulator calls for new competition laws for digital platforms

Inside Retail

Australia’s competition watchdog said on Monday new competition laws are required in response to the rapid expansion of digital platforms such as Amazon, Apple, Google, Meta and Microsoft in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour, such as invasive data collection and practices that lock

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Revolution Beauty founder Adam Minto in £3m repayment talks

Retail Gazette

Revolution Beauty founder Adam Minto is said to be in talks to repay close to £3m to settle allegations that he breached his fiduciary duties to the cosmetics retailer. Minto’s co-founder, Tom Allsworth, is also in discussions with this business to amend the timetable for deferred payments owed to him for his stake in Medichem, a haircare and skincare manufacturer.

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Stand Out, Get Noticed: Transforming Good Content into Remarkable Results

Retail Smart Guys

It’s no secret that good content alone isn’t enough. To truly connect with your customers and make an impact, leveraging social platforms is key. Social media is more than just posting content. You must take a strategic approach, ensuring every piece aligns with your brand identity and marketing goals. If you didn’t know yet, Retail Smart Guys offers top-notch social media content creation services for brands aiming for remarkable results from their media investment.

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From innovative textiles to rentals, sustainable fashion is here to stay

Inside Retail

The susta i nable fashion market is set to become bigger and better than ever in 2024. According to market insights and consulting company Maximize Market Research , the global sustainable apparel market is valued at US$6.89 billion in 2022 and is expected to grow to US$11.96 billion by 2029 at a compound annual growth rate of 8.2 per cent. This market comprises a number of sectors including resale fashion, clothing rental services, and retailers with a focus on environmentally friendly fabrics

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A guide to instant withdraw casinos and how to select them

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Casino winnings increasingly appear in bank accounts, reducing the annoying wait times of three to five business days. UK-based online casinos offer quick withdrawals through various payment options, with some accepting them within a day or less.

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Fashion’s balancing act: Right product, market, timing and price

Inside Retail

In an ever-evolving and rapidly changing world of fashion, staying relevant and profitable by offering the most on-point fashion collections is one of the biggest challenges for the apparel industry. With constant pressure to stay ahead of the competition, continuously innovate and get seasonal releases on time, it can be difficult to ensure that all the moving parts come together to create the best possible products at the right price point for each target market.

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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.

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CSB to open pop-up store in Melbourne

Inside Retail

Activewear brand CSB will open a pop-up store at Chapel Street in South Yarra, Melbourne from December 1 to December 3. This will be the company’s fourth pop-up location, following Gold Coast, Sydney, and Los Angeles. The pop-up will feature the second release of the CSB x Isabelle Mathers capsule, which comes with a neutral colour scheme and draws inspiration from dance and movement.

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Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday

Inside Retail

Holiday shoppers in the US are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, the first Monday after the Thanksgiving holiday, is set to be the biggest US online shopping day of the year as merchants have stepped up online promotions.

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Shopify data shows record start for Black Friday weekend

Inside Retail

Shopify’s global merchants achieved record sales of US$4.1 billion during Black Friday, a 22 per cent increase over last year’s period. The top selling countries were the US, the UK, and Canada, while the average cart price was US$110.71 globally, the data shows. The top product categories by orders included clothing, personal care, jewellery, shoes, and decor.

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