Sun.Feb 09, 2025

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JB Hi-Fi posts higher net income in half year

Inside Retail

JB Hi-Fi’s net income grew in the half year ended December 31, thanks to higher sales bolstered by Black Friday and Boxing Day promotions. The consumer electronics retailer’s net income climbed 8 per cent year over year to $285.4 million as sales jumped 9.8 per cent to $5.67 billion. JB Hi-Fi Australia’s sales rose 7.2 per cent to $3.88 billion, with comparable sales up 7.2 per cent.

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Engraving Elegance: How Glass Artistry Transforms Interior Design

Retail Focus

When you think of interior design, it’s easy to imagine the usual suspectsfurniture, colours, and textiles. But glass artistry has quietly been making waves, offering a sophisticated, modern touch that transforms any space. Through the delicate interplay of light, texture, and form, glass engraving has emerged as an art form that seamlessly blends style and functionality, creating interiors that are both elegant and distinctive.

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Lorna Jane’s CEO talks sustainability, Gen Z and the future of athleisure

Inside Retail

Australian athleisure brand, Lorna Jane, is advancing its sustainable commitments positioning itself as a brand that stands for the well-being of both people and the planet. The brand has aptly named its environmental, social and governance (ESG) strategy in accordance: We are citizens. Recently the brand announced as part of its ESG strategy and its broader preferred fibre program that it would be expanding its use of recycled polyester and nylon by integrating them into its active essential r

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In-N-Out Burger Plans 35 More Tennessee Locations

Retail Wire

In-N-Out Burger is inching closer to the East Coast than ever before.

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5 Tips for a Winning Category Management Strategy in 2025

Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.

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DBG owner Dennis Bastas buys $1 billion MCoBeauty brand

Inside Retail

Billionaire Dennis Bastas has acquired $1 billion dupe beauty brand MCoBeauty, the Australian Financial Review (AFR) has reported. Bastas’ DBG Group initially bought a 50 per cent in MCoBeauty in 2022, which AFR ‘s sources said was valued at least $500 million. Shelley Sullivan founded MCoBeauty in and has grown the brand, known for its affordable makeup and skincare products sold in supermarkets and pharmacies.

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M&S CEO warns against mountain of costs facing retailers

Retail Gazette

M&S CEO Stuart Machin has warned against the mountain of costs facing UK retailers following the Budget, despite Chancellor Rachel Reeves pushing for growth. Writing in The Sunday Times, Machin claimed the UK’s retailers were being “raided like a piggy bank” He said: “Many of the announcements in Rachel Reevess speech last month were commendable a focus on long-term planning, good ideas to free up investment in infrastructure and a more positive tone. “But the

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WHSmith could close half of high street stores under new owner

Retail Gazette

WHSmith could shut at least half of its 500 high street stores under a new owner, raising the possibility of large-scale job cuts at the business, according to industry experts. Forecasts for the final size of the stationery retailer range from no more than 250 shops, The Guardian reported. Offers for WHSmith are expected during the next few weeks, with a deal finalised by early May.

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Bread Ahead’s founder Matthew Jones on the brand’s venture into Asia

Inside Retail

London-based bakery Bread Ahead has expanded into the Philippines through an exclusive franchise partnership with regional powerhouse SFRI. The launch also marked the brands first venture into Asia. According to the company, Bread Aheads expansion plan into the Middle East is already well underway, with thriving bakeries in Dubai and Saudi Arabia, and plans to open a total of 35 locations across the region in the coming years.

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Man Wins Free Norwegian Cruise Line Vacation. Then He Got Stuck With a $47,000 Medical Bill

Retail Wire

This Norwegian Cruise Line vacation did not go well at all.

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The Importance of Building Customer Loyalty in Retail

365 Retail

In the competitive landscape of retail, fostering customer loyalty is essential for long-term success. Loyal customers provide a reliable revenue stream and contribute to brand growth by acting as ambassadors, sharing positive experiences through word-of-mouth and online reviews. Research indicates that selling to existing customers has a 60-70% success rate , whereas selling to new customers has a success rate of only 5-20%.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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8 Must-Have Tech Features for Electronics Retail Success

I Vend

The consumer electronics industry continues to grow in 2025 it is expected to reach over $977 billion. If youre in retail electronics youll know that this growth isnt without its challenges, and that managing a successful business in this sector requires intelligence, insight and the support of specialised technology solutions. Here we take a look at the specific challenges of electronics retail, and how iVends specialist electronics retail software can help. iVend’s Retail Management Sol

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Ste Marie designs "dreamlike" interior for Toronto luggage store

Dezeen

Waxed plaster walls, rainbow onyx surfaces and an olive tree create a spa-like atmosphere inside the store that Canadian studio Ste Marie has designed for luggage brand Monos. The new Monos location is situated on Ossington Street, a few blocks away from Toronto's Little Portugal neighbourhood. An olive tree sits in front of a vertical light box at the heart of the Monos store in Toronto The brand draws influence from the Japanese concept of "mono no aware" an appreciation of fleeting moments o

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Ikea’s Oxford Street store attracts record 3,730 applicants for new roles

Retail Gazette

Ikea says it has received 3,730 applications in just six days for its new store on Londons Oxford Street, due to open this spring. The Swedish furniture giant said the high level of interest in the 150 available positions marks the biggest-ever response it has seen in the UK, breaking all previous recruitment records. Successful applicants will be offered multi-skilled roles working across various departments.

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Automated Retail - Hot and Ready Meals

Retail Customer Experience

Homechow's gourmet kiosks meet the growing demand for quick, ready-to-eat meals, addressing specific needs while enhancing customer, visitor, and employee experiences

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Cubitts expands in NYC as demand for premium eyewear grows

Inside Retail

British eyewear brand Cubitts is the epitome of if you know you know (IYKYK) culture where a brand lies so far under the radar that one automatically receives cool points for knowing about it. A favourite amongst celebrities and fashion trendsetters like Spike Lee, Idris Elba and Stanley Tucci, Cubitts has steadily garnered the attention of eyewear aficionados over the past few years.

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Top 5 Customer Service & CX Articles for Week of February 10, 2025

Hyken

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 comments about each article and would like to hear what you think too. 5 Touchdowns: How the NFL Is Winning over Fans by Francesca Di Meglio (CX Network) By leveraging data analytics and offering personalized experiences, football is growing exponentially.

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L’Oreal makes minority investment in Jacquemus

Inside Retail

L’Oreal Groupe has made a minority investment in Jacquemus in an exclusive partnership marking the cosmetic company’s venture into fashion. “With its singular brand positioning, fueled by sensational creativity and social first playfulness, Jacquemus will perfectly complement L’Oreal Luxe’s portfolio of iconic brands and reinforce our worldwide leadership,” said Cyril Chapuy, L’Oreal Luxe president.

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Next and Superdry take action as Trump’s tariff overhaul disrupts British retail exports

Retail Gazette

British fashion retailers are scrambling to adapt to President Trumps changing tariff policies, with some halting exports and others exploring the option of setting up US subsidiaries. In recent weeks, Trump imposed a new 10% tariff on Chinese-made goods, while also reversing the de minimis rule, which had previously allowed goods worth less than $800 (645) to enter the US duty-free.

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SEO vs. PPC: Which Strategy Is Best for Your Business?

When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.

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Sportitude shuts down after 15 years in business

Inside Retail

Online activewear marketplace Sportitude is shutting down after 15 years of operations. “After more than 15 years of building and growing Sportitude, the journey has now come to an end for both the business and for me,” said Sportitude founder Roumen Staykov in a LinkedIn post. “What started as an ambitious idea for a social networking platform for grassroots sports evolved into one of Australias leading running-specialty e-commerce businesses, scaling to eight-figure revenue

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