Latest Retail Insight, News, Information & Articles from all top sources for the Internet.

While COVID has impacted businesses drastically, it has also allowed brands to reflect, re-evaluate, and rethink strategies. It has given them the chance to dig deeper into what their customers need to get them through these new times. As more consumers turn to the digital way of life, brands have the perfect opportunity to connect […] from Indiaretailing.com https://ift.tt/3lBPjms via IFTTT

Reliance Industries Ltd’s acquisition of debt-strapped Future Group will almost double the footprint of its retail business, which now is valued at up to US$ 68 billion, analysts said. According to a PTI report: The oil-to-telecom conglomerate on Saturday announced the acquisition of Future’s retail, wholesale, logistics and warehousing units for Rs 24,713 crore. The […] from Indiaretailing.com https://ift.tt/31IGpvq via IFTTT

While there have been many cancellations and postponements in blockchain-based projects in COVID-19 times, those related to supply chain and logistics have actually accelerated, according to a new report. By enabling companies to automate processes around shared, trusted data, Blockchain helps reduce cost and increase supply chain efficiency as well as resilience “Given that CIOs […] from Indiaretailing.com https://ift.tt/3hY7Iaw via IFTTT

The Retailers Association of India on Monday said the Centre’s directive to states and union territories not to impose lockdown outside containment zones without approval, comes as a silver lining to the Indian retail industry that has been battling localised restrictions. Earlier, weekend and partial lockdowns were being implemented at the local levels despite Ministry […] from Indiaretailing.com https://ift.tt/3lJed3F via IFTTT

Media Release eftpos cardholders embrace mobile payments with 400% growth   28 August, 2020 eftpos, Australia’s own debit payments network, today announced eftpos cardholders have flocked to its mobile pay offerings, as Australians show a greater preference for contactless payments during the COVID-19 pandemic. eftpos CEO Stephen Benton said dozens more banks, credit unions and financial institutions extended their mobile pay offerings with eftpos to Australian consumers this year. “Many Australians are choosing to use eftpos when paying with their mobiles, with eftpos mobile transactions growing more than 400% year on year in July 2020 across all supported mobile ecosystems,” Mr Benton said. “From June to July 2020 alone, we saw 20% growth in eftpos mobile transactions.” “We anticipate this growth will continue to soar with more mobile launches planned later this year and we already have more than 50 banks offering eftpos as a payment option on mobile.” Mr Benton added co...

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From tomorrow, 2 September 2020, Drakes Supermarkets will kick off their 21 st annual Drakes Charity Showbag, through Drakes SA stores. “The Drakes Charity Showbag is one of our favourite events every year, and even more so this year,” says Director of Drakes Supermarkets, John-Paul Drake. “Even though the Royal Adelaide Show won’t go on, we can bring a bit of the Show into South Australian households. “And we get to raise money for our Charity partners while we’re at it!” Now in its 21 st year, the Drakes Charity Showbag has raised over $1.3 million for key Charity Partners – Flinders Foundation, The Hospital Research Foundation, Bedford Group, St Johns and RDNS. This year, supplier partners have donated over 300,000 products to the Drakes Charity Showbag, with the aim to raise over $60,000. The bags are packed with over $49 worth of goods and will be available while stocks last for $7.50 through all Drakes South Australian stores. The Drakes Charity Showbag is supported by ...

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As the climate emergency accelerates, the fashion industry’s impact on the planet has become front of mind for retailers who have been forced to upheave their processes to work towards a greener future. However, less than 20% of conscious products currently in the market cater to above-average sizes. Retailers are neglecting a key demographic within their ranges. In this report, we analyze the current state of the size-inclusive market and where sustainability fits into it, as well as its future. Reach out to a Retail Expert today to figure out how your business can gain valuable insights into this market. Why it’s important Sustainability needs to be inclusive Similar to the concept of Intersectional Environmentalism, the future of sustainability needs to be inclusive, with retailer’s prioritizing people as well as the planet. Brands can’t rightly call themselves sustainable if they are ignoring marginalized groups, which includes size. There’s market opportunity According to...

The e-commerce business and intellectual property of omnichannel specialty retailer RTW Retailwinds were sold at bankruptcy auction last week to investment firm Saadia Group for $40 million plus assumption of certain liabilities, including honoring gift cards. Assets include websites run by the apparel company, which was previously known as New York & Co. Those sites include www.nyandcompany.com, […] from Total Retail https://ift.tt/34PB8UJ via IFTTT

There are growing signs the pandemic could impose permanent lasting change on retailers, with the after-effects of the coronavirus changing how consumers shop and requiring merchants to innovate to keep pace. from RIS News - RSS Feed https://ift.tt/3gIsNV7 via IFTTT

The cycle of consumption has been transformed by the pandemic and we have seen through the miserable con of ‘retail therapy’ The past few months have been, for some, a time to re-evaluate their lives. They have not just worked at home, but worked on their homes and their bodies, tidying them up, getting into shape, sorting it all out. They have tips about how to structure our days as we Marie Kondo our souls . But the year has not exactly worked out like that for me. The enormous pile of clothes and shoes in the corner of my room remains unsorted. These are the things I can’t live with and can’t live without. Does an object spark joy, asks Marie Kondo . Does an object spark stories, is my response. An old dress can set off memories, whoosh you back, even though you know you may never wear it again. How can you throw out those shoes you can’t walk in, but which aren’t just heels, but a golden ticket to a world you’d love to some day visit again? Tat and treasure. Continue reading... ...

There’s never been a more crucial time than now for one-to-one digital consumer communications in retail. Open rates for text messages are 98%. There’s a reason for that — texting is fast, convenient, and personal. Read this guide to learn how retailers can use simple text messaging to build powerful customer connections. from Total Retail https://ift.tt/2DcBk4W via IFTTT

The category has dragged down retail since the pandemic forced stores shut and dented the economy. Some players are doing better than others.   from Retail Dive - Latest News https://ift.tt/3jHFFgn via IFTTT

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) on Monday appointed John Standley president of Walgreens, effective immediately. He will lead all Walgreens operations, and will have responsibility for the development, growth and management of the business as the company continues to build on its leadership in the rapidly evolving healthcare sector. John Standley Standley has a deep background in pharmacy, retail and health care, and will bring extensive operational experience to his role to further deliver on the company’s four key strategic priorities: creating neighborhood health destinations, driving cost transformation, accelerating digitalization and restructuring Walgreens retail offering. He will report to Alex Gourlay, Co-Chief Operating Officer, Walgreens Boots Alliance. Previously, he served as president, chief executive officer and chairman of Rite Aid Corp. after a long career with the company in various leadership roles. Prior to Rite Aid Corp., he was the chief ex...

Fine tea, coffee and hot chocolate specialist Whittard of Chelsea shares in the wonder of gift-giving this Christmas. From hand-picked tea, coffee and hot chocolate designed to inspire the taste buds to keepsake packaging dressed in opulent art deco glamour, every last meticulous detail has been carefully considered to ensure it’s a gift to treasure. from Retail Times https://ift.tt/3lBIpNK via IFTTT

Pan-European construction firm, Agilité Solutions, is set to support a quintet of global organisations as they expand their footprint across Europe, after being awarded 11,630sq m of design and fit out projects – worth more than €10 million (£9m). from Retail Times https://ift.tt/34KDswl via IFTTT

Icon Outlet at The O2 has announced the opening of international designer brand, Tommy Hilfiger Kids. The new retailer opened its latest store this week and is the first to join the premium outlet offering at Icon Outlet since it reopened for trading on 15 June. from Retail Times https://ift.tt/31GqGNq via IFTTT

The grocery chain’s dress code bans political slogans, including for Black Lives Matter, but it wants to stress parent Amazon’s support for social justice groups Whole Foods is advising managers to “talk about donations” the supermarket chain and its parent Amazon have given to various social justice groups while enforcing dress code policies that ban Black Lives Matter slogans on uniforms or face masks, according to internal documents obtained by the Guardian. The documents circulated in July 2020 to Whole Foods regional managers and store leadership are titled “Resetting Expectations: Dress Code Script”. Continue reading... from Retail industry | The Guardian https://ift.tt/34O9jfF via IFTTT

Rish Sharma, founder and CEO of Mallama, predicts that as e-commerce continues to fuel the battle for convenience and habitual buying behavior, frictionless commerce methods like voice purchasing will grow as customers move away from purchasing products at retail stores and look for easier more convenient ways to get products delivered to them. from Latest Media https://ift.tt/3jryys4 via IFTTT

Data reveals that three in 10 shops hadn’t reopened after coronavirus restrictions were lifted – with some areas lagging further behind than others Following the reopening of the UK’s retail and hospitality sectors through June and July, there were hopes that the economic damage of the coronavirus pandemic could be lessened. But research from the Local Data Company shows that, as of July, 29% of English high street shops hadn’t reopened in the weeks after lockdown relaxation – with that proportion increasing to as much as 54% in some areas. Continue reading... from Retail industry | The Guardian https://ift.tt/34Mi0qL via IFTTT

As retailers continue to try and steady the ship after a turbulent 2020, this year’s Black Friday could well prove to be the most important one... View Article from The Retail Bulletin - Latest Retail News https://ift.tt/34MPMfr via IFTTT

Aussies have voted that honeycomb and chocolate are some of the most iconic flavours of the past decade. A new study commissioned by Violet Crumble also shows that 28% of people agree that new kid on the block, caramelised white chocolate is also an iconic flavour combination. “We thought, well there you go 83% of Aussies can’t be wrong, so let’s see what happens when two of Australia’s favourite combinations collide,” says CEO of Robern Menz, Phil Sims. “The result is something truly iconic.” So what’s come from these survey results? Introducing Violet Crumble Caramel! The bite-sized chunks offer a fresh take on an Aussie classic – golden honeycomb covered in a creamy caramel flavoured white choc. “When we first trialled the new flavour combo we instantly knew we were on to something,” continues Mr Sims. “You bite into that smooth caramel flavour, followed by the shattering sharpness of the honeycomb and it smells incredible!” The Violet Crumble Caramel 170g bag is available...

Exemption for smaller shops to end, and campaigners say ‘bags for life’ are next target The government is to double the charge for single-use plastic carrier bags in England from 5p to 10p and end the exemption for smaller shops from April 2021, as it steps up efforts to tackle plastic pollution. Since the introduction of the charge in October 2015, shoppers have used billions fewer thin-gauge plastic shopping bags. Related: Plastic superhighway: the awful truth of our hidden ocean waste Continue reading... from Retail industry | The Guardian https://ift.tt/3bbonox via IFTTT

Easybuy, India’s leading value fashion retail brand, is now available on Amazon Fashion India. Amazon Fashion continues to delight customers across the country by bringing them the widest and most loved fashion selections from emerging as well as popular brands. With the launch of Easybuy on Amazon Fashion, it has made family fashion more affordable […] from Indiaretailing.com https://ift.tt/2DdLdzv via IFTTT

Fiscal 2019 appeared to be quite fruitful year as all but one of the top 25 global publicly traded global retailers reported YoY revenue growth – with seven seeing double-digit growth, reveals GlobalData. The data and analytics firm analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly traded retailers in […] from Indiaretailing.com https://ift.tt/2YQR8Cd via IFTTT

New Zealand is among the handful of countries that have been able to successfully contain the spread of COVID-19 with strict lockdown measures. With government easing lockdown restrictions and opening businesses, a rise in spending is expected which will drive card payments growth over the next five years, says GlobalData, a leading data and analytics […] from Indiaretailing.com https://ift.tt/3gJWyFc via IFTTT

Consumer tech products maker boAt Lifestyle registered gross revenue of over Rs 500 crore in FY2019-20 and aims to double the topline by FY24 on the back of strong demand for products like audio devices and accessories in the country, a top company executive said. “We had a target of Rs 500 crore revenue in […] from Indiaretailing.com https://ift.tt/34Jxdc5 via IFTTT

Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, giving the control of what he nurtured for over three decades to Reliance Retail. According to a PTI report: […] from Indiaretailing.com https://ift.tt/3jtptPr via IFTTT

Wonderchef, kitchenware brand co-founded by renowned chefs Sanjeev Kapoor and Ravi Saxena, is looking at adding Rs 100 crore to the revenues this fiscal over the Rs 300 crore it clocked last fiscal, a senior company official said. According to a PTI report: Started off in 2009 as a direct selling company by entreprenuerial women […] from Indiaretailing.com https://ift.tt/31H2M49 via IFTTT

By Ralph Tkatchuk The coronavirus crisis has essentially left no one unscathed. You don’t need to have contracted the disease to feel the effects of the economic crunch brought about by the pandemic. Government-imposed measures limited mobility and forced non-essential businesses in some provinces to close in order to curb the spread of the virus. The situation has certainly taken a toll on the economy. Canada's GDP fell 11 percent in April alone, due to the drop in consumption and limited commercial activities. Retail is one of the hardest hit sectors, with sales dropping a record 26.4 percent in April. Supply chain networks also continue to be strained by the limited flow from global manufacturers, the sudden shifts in demand for certain products, and difficulties in fulfillment and logistics. To cope, businesses must evaluate how they can better manage their own supply chains to ensure that they have the capability to continue doing business and meet customer demand. Her...

Epay Australia Pty Ltd is partnering with Buy Now, Pay later (BNPL) provider Zip Co. The partnership will include Zip’s introduction at all epay POS terminals, apps and ecommerce platforms, giving customers access to interest-free payment plans. The agreement creates a streamlined way for retailers to accept Zip payments instore and online, alongside Alipay, WeChat Pay and China Union Pay QR, with epay handling all integration, settlement and contracts on behalf of Zip. “We are seeing Australian consumers gravitate from traditional lines of short-term credit to BNPL payment methods,” says Country Manager of epay Australia, Matthew Blaney. “epay prides itself on understanding these trends to provide consumers with safe, secure and convenient alternative payment options.” The Covid-19 pandemic has fast-tracked the popularity of BNPL payment platforms, with approximately 30% of Aussie adults (about 5.8 million) now using BNPL services*. “epay has exceptional relationships and techn...

Australian Organic Awareness Month (AOAM) is upon us, and the key theme will be the issue of products falsely claiming to be ‘organic’ on packaging. Australian Organic Limited is urging consumers to always look for the familiar, official Bud certification logo which ensures a product has gone through stringent testing. Currently, the word ‘organic’ is not defined in Australia. For the last 18 months AOL has been working with Government and industry to progress the discussion for clarification and mandatory regulation aligned to Australian export requirements. “At the moment being certified organic within Australia is a voluntary process, however any producer or manufacturer can claim a product is organic on its packaging with as little as one ingredient being from organic origins,” explains CEO of AOL, Niki Ford. “Enforcing domestic regulation around this word will give producers, manufacturers and consumers much greater clarity that a product has been rigorously audited against a...

There’s no doubt about it: COVID-19 has changed almost every aspect of how we live and work; and while the world isn’t ready to leap back to normal just yet, now is the time to consider how we’ll approach safety in a post-COVID world. Businesses and organizations can leverage lots of modern technologies to help make their facilities safer for people who spend time there. Below, we’ve covered two of the most powerful– people counting and heat maps. The Benefits of People Counting In A Post-COVID Retail World Real-time occupancy monitoring: Occupancy information   can  be useful if it’s delayed, but it’s not useful  enough–  especially not in a post-COVID world. You need real-time information to help keep your customers and employees protected. People counting makes that possible Provide more safety area:  Your employees and your customers will thank you if you’re able to provide them with more safe areas to move or wait; you can use people counting to ...

interactive art installation and patio space outside food lodge at deerfoot city shopping centre. photo: deerfoot city By Mario Toneguzzi PARK (Promoting Artists Redefining Kulture) has partnered with Destination Deerfoot City , a 1.1-million-square-foot shopping centre in northeast Calgary, to launch #YYCBlockParty , a 200-foot outdoor interactive art installation and patio space. “Destination Deerfoot City is excited to collaborate with local artists Leetia Lyons, Rachel Ziriada, and Mikhail Miller of NASARIMA, Rhys Farrell, and Sydonne Warren to bring this project to life. These five artists exemplify the mission of Destination Deerfoot City,” said Deb Mathias, General Manager of the shopping centre. DEERFOOT CITY & PARK COLLAB SEEKS TO INJECT SOME VIBRANCY INTO CALGARY AFTER COVID-19 LOCKDOWN Courtney Verbeek , Creative Services Coordinator for Deerfoot City, said the idea behind the art installation was to inject some vibrancy into the city coming out of what’s been ...