Small Biz Trends
JUNE 28, 2022
As we move into the summer season, it’s time to start thinking about business ideas – particularly beach business ideas that you can run as a successful seasonal business. Summer is one of the prime travel times for tourists, and there are plenty of opportunities for people to set up a successful business during the season. We’ll go through some of the best business ideas for beach towns and how to get started.
Inside Retail
JUNE 30, 2022
Dan Murphy’s new managing director steps up. Australian liquor chain Dan Murphy’s has announced Agnieszka Pfeiffer-Smith will take up the role of managing director, stepping across from parent company Endeavour Drinks. Pfeiffer-Smith is currently Endeavour Drinks’ chief strategy officer, and will work with outgoing managing director Alex Freudmann over the next few months.
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Retail TouchPoints
JULY 1, 2022
Subscriptions can be tricky business, not least because most consumers at one time or another have had a bad experience with a subscription service. Whether they got roped into an endless (and costly) supply of cassette tapes from Columbia House in the ’90s or still, despite years of trying, can’t seem to convince their cable provider they don’t need a landline — the often annoying, sometimes deceptive practices of subscription’s forebears have left many consumers with a few trust issues.
Tokinomo
JUNE 30, 2022
It’s almost the end of June and the world seems to be filled with rainbow-colored flags. The retail industry is no stranger to rainbow flags. You can see them in almost every store and even on various products from well-known brands. But where’s the line between real LGBTQ+ support and marketing?
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Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.
Retail Wire
JUNE 27, 2022
Jones Soda is launching the Mary Jones brand of cannabis-infused drinks featuring such flavors as Blue Bubblegum and Bug Juice. “It’s a real milestone,” Tim Dodd, co-founder and CEO of Sweet Flower dispensary chain, said. “It’s a remarkable move by Jones because it’s so intentional. They’re not doing it on the sly.”.
Inside Retail
JUNE 28, 2022
Seasonally adjusted Australian retail sales grew in May by 10.4 per cent year on year according to data released by the Australian Bureau of Statistics (ABS). Department stores saw the strongest growth at 5.1 per cent followed by cafes, restaurants and food handling at 1.8 per cent and 0.8 per cent respectively. Sales of household goods rose at 0.4 per cent while other retailing registered a 1.5 per cent increase.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Tokinomo
JUNE 28, 2022
Campaign scoop. Gold Lions. The Cannes Lions International Festival of Creativity took place just a few days ago and Ogilvy managed to receive 5 Cannes Gold Lions. One of those Gold Lions was awarded for a campaign with a simple, yet powerful message: the toxicity of social media. The campaign, Reverse Selfie , for Dove showed the negative impact of social media and retouching photos.
Retail Focus
JUNE 27, 2022
This Saturday saw JD Sports , Fashion plc, retailer of sports, fashion and outdoor brands, open the doors to its newest flagship store at Metrocentre Gateshead. The 18,000 sq. ft North-East flagship, which has tech and innovation at its heart and is home to over 50 iconic brands, has created an influx of new jobs for the community and provides local activewear advocates with their fix of all the biggest brands including Nike , adidas and The North Face.
Inside Retail
JUNE 30, 2022
As the country grapples with a crippling labour crisis, new data from the Australian Bureau of Statistics (ABS) show there were more than 40,300 vacant jobs in the retail sector in May. This is an increase of 11,200 vacancies – or 38.5 per cent – compared to February last year. Despite inflationary pressures, retail sales surged 10.4 per cent in May year-on-year.
Retail TouchPoints
JUNE 30, 2022
One day after announcing the departure of CEO Mark Tritton , Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Both appointments are effective immediately. Crossen, who has been with the retailer since 2001, will lead the team responsible for executing global accounting operations, financial reporting and tax functions, and will continue to report to EVP and CFO Gustavo Arnal.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Intelligence Node
JUNE 28, 2022
The ongoing Russia-Ukrain war, supply chain issues, surging demand, rising production costs, and the disruption caused by COVID-19 have all contributed to the inflation that has hit the US market. The post 7 Ways to Drive Retail Growth as Inflation Peaks in the US appeared first on Blog.
Retail Focus
JUNE 29, 2022
The membership beauty brand is offering shoppers the chance to try the products in real life at their new pop-up concept store. The cosmetics subscription brand will open its doors in Covent Garden, dubbed ‘London’s beauty quarter’, from 30 June to 11 July. Founded in 2016 by serial entrepreneur Marcia Kilgore , Beauty Pie was created as a one-stop destination for luxury beauty products at ‘warehouse prices ‘ The D2C brand claims it does not charge consumers for the
Inside Retail
JUNE 28, 2022
Months of negotiations between Uber Australia and the Transport Workers Union (TWU) have resulted in a landmark agreement for the gig-worker economy revealed today. The two parties have agreed on minimum standards and benefits for drivers working for both the ride-hailing service and the UberEats delivery service. This is the first time a platform company in Australia has struck a deal with a union across both the rideshare and food delivery industries and is the result of months of detailed dis
Retail TouchPoints
JULY 1, 2022
Real estate firm See Wee Homes has launched a home décor boutique storefront at a new realty location in North Charleston, S.C. Lisa Grant, Broker and Owner of See Wee Homes, decided to blend real estate and home décor by incorporating a retail space relevant to the interests of prospective home buyers. Born and raised in the rural town of Awendaw, S.C.
Advertiser: Experience Retail Today
I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.
Retail Wire
JULY 1, 2022
Kohl’s has decided to end sales talks with Franchise Group. The retailer’s board determined that it could not get a fair price for the company based on current market conditions. It was reported that Franchise Group had sought to lower its initial bid to acquire Kohl’s.
Retail Focus
JUNE 28, 2022
Shaftesbury has announced that the Pride in London pop-up has opened their doors on F oube r t ’ s Place marking the 50 year anniversary of Pride. The pop-up offers a safe space for London’s LGBT+ community, and is located at 15-17 F oube r t ’ s Place, London, W1F 7QB – just off Carnaby Street – open through 3 July, 2022. Brian Bickell, CEO at Shaftesbury says “We are delighted to welcome the Pride in London pop-up to Carnaby to mark their 50th anniversary.
Inside Retail
JUNE 29, 2022
For those who think the bricks-and-mortar concept in retail is dead, think again. Companies like digital art gallery Teleport in Hong Kong are bringing a new meaning to immersive experiences that can be translated into physical spaces. Edward Eremyan, founder and CEO of Teleport, explains that its immersive art experience that debuted back in November last year promises innovative ways for people to view the art form of NFTs, digital projections, interactive installations and online auctions.
Retail TouchPoints
JUNE 29, 2022
Making the interior design sampling process more sustainable and simple, Mercato Place has introduced an online library that allows interiors professionals to choose the samples that are relevant to their specific needs. Mercato provides material samples from respected brands within the industry and affords tools that facilitate research and sourcing.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Retail Wire
JUNE 29, 2022
The school district in Uvalde, TX, plans to demolish a school that was the scene of a mass shooter event that claimed the lives of 19 students and two teachers. H-E-B and members of the chain’s founding family will donate $10 million towards the construction of a new school. “As we continue to mourn tremendous loss, I join with my family and H-E-B in working to ensure the Uvalde community can move forward from this tragic event,” H-E-B Chairman Charles Butt said. “Our chi
Retail Focus
JUNE 28, 2022
Landsec , part of The St David’s Partnership, has today announced the signing of two premium fashion retailers for regional debuts. Carvela , the women’s footwear and accessories specialist, and international women’s fashion label Mint Velvet , are both set to open at St David’s Cardiff later this year. . Spanning 2,130 sq ft on the Grand Arcade, Carvela’s first standalone Welsh boutique will feature its unique ranges of shoes, bags, and accessories.
Inside Retail
JUNE 28, 2022
Iconic Australian retailer Country Road has taken an innovative tech-led approach to maximising gift sales. Launching late last year, every customer purchasing items online as gifts can guarantee the gift can be revealed to the recipient in time for the big day, thanks to the very latest instant digital gifting technology provided by Gift Flick. Gift Flick is an e-commerce plug-in that enables consumers to virtually send any product or gift voucher in an e-tailer’s store.
Retail TouchPoints
JUNE 27, 2022
Known for vitamin packs and protein powders, GNC is expanding its reach in the realm of fresh food with the national rollout of its partnership with meal delivery service RealEats. GNC’s Ventures division first teamed up with RealEats in July 2021, piloting the service in a handful of markets including Pittsburgh, Washington, D.C., Florida, and later Texas and New York.
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Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.
Retail Wire
JULY 1, 2022
Depop is moving into the virtual resale world with a new deal that will see it sell virtual second-hand clothing to players in The Sims game. Players can purchase clothing with in-game currency.
Retail Focus
JUNE 28, 2022
Goldsmiths, one of the UK’s leading luxury watch and jewellery retailers and part of the Watches of Switzerland Group, opened its latest new luxury concept showroom at Bluewater Shopping Centre in Kent, on Friday 24th June. Bluewater is one of the largest shopping centres in Europe, outside of London. The new Goldsmiths showroom boasts a fresh interior concept, as well as a line-up of luxury timepieces and fine-jewellery brands, creating retail environment of the future—embracing a modern and re
Inside Retail
JUNE 28, 2022
Western Australian shoe retailer Bstore is set to open its first flagship store in Chatswood Chase, Sydney on Friday (July 1). The 70sqm store boasts a range of international brands including Birkenstock, FitFlop, Frankie 4, Blundstone and Hunter offering style, comfort and quality to customers. Mike Edmiston, Bstore’s founder, said: “Since the pandemic, comfort has become shoppers’ main priority, and Australians have really taken to the innovation and functionality behind the produc
Retail TouchPoints
JUNE 28, 2022
The global financial shocks that started in 2020 have accelerated in 2022, with causes ranging from Russia’s invasion of Ukraine to recurring COVID-19 outbreaks and ongoing supply chain challenges. The latest issue is inflation, which is running at a 40-year high in the U.S., forcing retailers to grapple with remaining relevant to increasingly price-sensitive consumers.
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With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.
Retail Wire
JULY 1, 2022
Dockworkers and West Coast port operators are pledging to negotiate in good faith with the goal of reaching an agreement quickly on a new contract. Those dependent on the success of these negotiations, like retailers and transportation companies, are not so optimistic after a couple of years of continual supply chain disruptions.
Retail Focus
JULY 1, 2022
Helping ensure the safety of pedestrians, TORMAX automatic sliding door systems can be fitted with a full-glass screen behind which the door leaf can recess as the entrance opens. This removes the risk of the sliding door mechanism being interfered with or blocked by anyone, allowing immediate clear opening as people approach the door. To keep the entrance looking smart, the pocket screen features a lockable hinge, allowing it to be quickly opened out for easy cleaning and for any accumulated
Inside Retail
JUNE 26, 2022
Leading surf brand Rip Curl will start taking back old wetsuits in overseas markets and recycling them into soft-fall matting in playgrounds and outdoor gyms after successfully launching and scaling the recycling program in Australia. The program is in partnership with TerraCycle, a US-based recycling business that specialises in repurposing hard-to-recycle materials.
Retail TouchPoints
JUNE 27, 2022
After two years of online browsing, consumers are eager to get out of the house and into the store. And as consumer discretionary spending continues to grow , retailers and brands around the world are exploring new ways to capitalize on the next wave of in-person shopping and experiences. So what’s the plan? How can businesses position themselves to attract consumers and deliver an exceptional in-store experience that builds customer loyalty and drives sales?
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
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