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The retail sector is a unique and diverse business. Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. This article has collected some main problems you can encounter on your way, so read on and be aware. Lack of product availability Product availability is a key factor in retail success.
Is the luxury sector immune to the cost-of-living crunch? Recent research from global real estate company Colliers seems to suggest that it is. Colliers is expecting luxury retail spending in Australia to grow by 5.42 per cent annually through 2027, primarily driven by millennials, with spending on fine dining experiences poised to grow even faster.
How can brands plan for the future in a disruptive economic environment? Google partnered with Kantar and Bain to analyze shopper behavior and identified four critical trends that will define the retail industry in the coming years.
Retail franchises across Victoria are facing criminal charges for breaching child employment laws, with the state regulator coming down hard on organisations that aren’t complying with the law. The spate of charges follows calls from retail bodies for the creation of national framework that applied consistent laws across the country. In recent weeks, a Red Rooster franchise in Wodonga, Victoria was hit with 355 criminal charges for – among other accusations – employing ten children under the age
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.
Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The retailer already operates 21 stores within the Simon portfolio. The new locations, slated to open throughout this spring and summer, will be at Simon Premium Outlets in Albertville, Minn.; Pleasant Prairie and Johnson Creek, Wis.; Gaffney, S.C.; Edinburgh, Ind.; Pismo Beach, Calif.; and Tannersville, Pa.
Foot traffic in San Francisco’s Union Square shopping district may be down 27 percent, but tourists are spending big at luxury retailers. “The luxury shopper isn’t experiencing the city the way regular shoppers are—they are in a bubble,” said Neil Saunders, managing director of GlobalData.
Campaign corner Gym routine. Propel has a new advertising campaign featuring actor Michael B. Jordan. In the campaign , Jordan is seen taking his gym routine to the streets, showcasing his intense workout regimen. The goal is to inspire viewers to stay hydrated and stay active while emphasizing the benefits of Propel's fitness water.
Campaign corner Gym routine. Propel has a new advertising campaign featuring actor Michael B. Jordan. In the campaign , Jordan is seen taking his gym routine to the streets, showcasing his intense workout regimen. The goal is to inspire viewers to stay hydrated and stay active while emphasizing the benefits of Propel's fitness water.
Canada Goose is set to make a foray into Australia under a brand management agreement reached with Brand Collective. The brand will roll out retail stores this year in Melbourne and Sydney, and open an e-commerce platform, to be augmented by selected wholesale distribution. “Partnering with a world-class luxury brand like Canada Goose gives us a great sense of pride,” said Brand Collective CEO Eric Morris.
Tanger Outlets will deploy a customer engagement platform from Coniq to better empower its retail partners to deliver personalized and contextual offers to consumers. Tanger will use the Coniq platform to improve its ability to capture and leverage consumer transactional data, as well as providing tools that enable its retailers to improve offer personalization and increase customer engagement.
Publix has confirmed that it will rebrand its eight GreenWise Market stores under its namesake banner. “Our customers’ shopping habits have reinforced that they enjoy the attributes of a Publix GreenWise Market location, but within their traditional Publix shopping setting,” said company spokesperson Hannah Herring.
French designer eyewear brand, bloobloom, opens its flagship store at 30 James Street in Covent Garden with Mary Charteris and Simon Murphy DJing at the launch. The store is situated near Apple, Rituals and Tiffany & Co and boasts a spacious 600 sq ft across the ground floor. The independent brand will continue to bring eyewear innovation to consumers across London at affordable prices.
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.
Westfield Knox is set to open its $355 million redevelopment with elevated fashion and lifestyle retail offerings on June 8. The project includes a full-sized NBL basketball court, a nature-inspired outdoor kids’ play space, a 2000sqm library, and a swimming school concept featuring a 25-metre pool along with seating areas for families to dine.
Google unveiled a series of new tools for merchants and advertisers at its annual Google Marketing Live event on May 23, 2023. Among the updates that will soon be available are a new generative AI tool to help brands create more sophisticated product imagery , and the ability for brands to have their Google product feed automatically populated from the content on their website.
A Washington Post-Ipsos survey of working adults finds that 75 percent would prefer working four 10-hour days instead of five eight-hour ones. Workers say the extra day off gives them more time to recover and complete personal tasks. Employers, however, do not appear to be in a rush to move away from the five-day workweek.
Celebrating this year’s Chelsea in Bloom theme ‘Flowers on Film’, the LK Bennett Duke of York Square store has been transformed with installations reminiscent of the Audrey Hepburn classic ‘My Fair Lady’, in partnership with Royal Ascot. Bringing together the floral focuses of the film, the front window displays include “flower girl” Eliza Doolittle’s job working at the Covent Garden Flower Market, as well as her transformation to a Lady at Royal A
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.
Japanese brand Uniqlo has decided to leave Russia after suspending its operation there last year, paving the way for a sale of the business, the Izvestia newspaper cited Russia’s deputy trade minister as saying. Uniqlo owner Fast Retailing suspended the clothing brand’s operations in Russia in March 2022, joining scores of international companies, after Moscow sent troops into Ukraine in what it dubbed a “special military operation” Deputy Minister of Industry and Trade V
COVID, Brexit, and more recently the war in Ukraine, along with a cost-of-living crisis have caused 80% of shoppers to change their purchasing behavior. Unsurprisingly, this has dramatically changed the shopper marketing landscape, and as a result, retail brands are being forced to rethink how they interact with consumers. We have seen changes to routines, homes and priorities — people have had to switch up choices, learn to get creative and try something new to save money.
American Eagle Outfitters, Blue Apron and Shopify all added logistics services to improve last-mile fulfillment performance. In the end, the three found that their logistics services delivered improved results, but not as much as they expected.
MAPIC, the international gathering of the retail, leisure, food, and tech real estate communities, launches this year’s event with the theme The Age of Responsible Growth: Committing to a better future. It will highlight how the industry can secure continued and sustainable growth, by implementing measures that reduce environmental impact—and prioritise people and the planet.
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.
Woolworths’ proposed acquisition of the Supa IGA store in Karabar, NSW has been opposed by the Australian Competition and Consumer Commission (ACCC). Supa IGA Karabar is an independent supermarket that sells a range of groceries and liquor along with an attached liquor store (trading as Liquor Boss) located in Karabar, NSW. The regulator concluded the transaction of the entities would likely “substantially lessen competition in the supply of groceries in the local area”.
During this Retail Innovation Conference & Expo sneak peek, Erica Vallecorsa sits down with Lindsay Mikos, Senior Director of Omnichannel Strategy & Programs at Walgreens. Lindsay will be speaking in the Retail Innovation Summit program agenda and will provide an inside look into what’s next for Walgreens, and how its team is prioritizing innovative tech to support omnichannel shopping experiences.
The European Union has hit Meta with a fine of $1.3 billion for transferring the personal data of people within its member states to servers in the U.S. Meta has been ordered by the EU to stop the practice, violating General Data Protection Regulation (GDPR) law.
Local studio EBBA Architects has designed a store for eyewear brand Cubitts that preserves and draws on the original 1930s interior of the traditional F Cooke restaurant on London's Broadway Market. The restaurant, which sold cockney dishes such as jellied eel and pie and mash, had been located on the east London street since 1900 but was given a modernist update in the 1930s.
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
Alongside many retailers, Amazon Australia is facing a changing customer landscape. Household costs are increasing across the board, and less is being spent on discretionary items after every rate rise. And certain categories are facing heightened challenges amid cost of living pressures. For instance, homewares, one of the big winners of the pandemic, now appears to be in decline , with housing a source of major anxiety for a lot of Australians.
Retail TouchPoints and Design:Retail have unveiled the 2023 winners of the annual 40 Under 40 Awards , representing a dynamic and diverse class of executives who have contributed to industry progress. The 40 Under 40 Awards have evolved to spotlight the personal and professional accomplishments of executives across the retail industry — from store design to CX strategy, ecommerce and retail operations.
Temu is putting the arm on suppliers to reduce the costs of goods sold on its platform and it still loses an average of $30 an order even as it takes advantage of a loophole that allows up to $800 in duty-free shipments coming into the U.S.
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This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
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Every retailer strives to understand its customers, but few are as deeply in tune with their audiences as Curacao. This California-based retailer serves Hispanic communities with a large but carefully curated product selection and a surprisingly wide range of services — wide enough that the company is at least as much a bank as it is a retailer. This both requires the company to keenly recognize its shoppers’ needs and provides opportunities to track their demands through data sources like its p
The peak season for imports, August through October, is expected to be up slightly over last year, which was flat from the year prior. “It would be good if this year’s peak season could be a bit better than ’22 considering there was no peak last year,” said Tim Scharwath, CEO of DHL Global Forwarding.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
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