We make it easy for you to keep up to date with what's happening in the world of retail. Check out what we are reading this month and why.
Bunnings unveils sensory maps for an inclusive shopping experience
To create a more inclusive shopping experience, Bunnings have created guides to navigate the insides of a store. This will be helpful for customers experiencing heightened sensory input from their surroundings.
Myer exits Brisbane flagship due to rent
Unsuccessful negotiations with landlord have resulted in Myer exiting its Queen Street Mall flagship. Myer CEO John King said: ‘Whilst we remain committed to the Brisbane market, we have been unable to negotiate a reasonable commercial outcome with the landlord and as such will continue to look for an alternative CBD location.’
Nature Baby opens first Australian flagship store
New Zealand baby wares company Nature Baby will be opening it’s first Australian flagship in Sydney following two pop-ups.The space pays respect to Australia while also linking to NZ roots. Natural and sustainable materials have been used in store design to create a calming space.
ACCC greenwashing sweep unearths 'widespread' suspicious claims
An internet sweep by the Australian Competition and Consumer Commission (ACCC) has exposed a significant proportion of businesses making concerning environmental claims. Out of 247 business, about 57% had made concerning claims around environmental credentials.
Coles looks to create digital wallet for customers
Coles have announced a strategic partnership with Australian Payments Plus to develop a bespoke digital wallet for consumers to make the shopping experience simpler and faster.The digital wallet will enable the ability to pay using the eftpos QR code in-store.
Cook rolls out automated frozen meal vending machines
Cook is set to roll out 15 ready meals vending machines this month as part of its venture to innovate the UK catering sector. These will be located initially in offices, residential schemes and student accommodation with plans to expand into hospitals, travel hubs and government buildings.
US livestream commerce expected to surpass $31 B in 2023
The livestream ecommerce market is expected to reach $31.7 billion (nearly triple its size in 2021) by the end of this year. Top platforms retailers use for live-streaming and Facebook live (55%), YouTube Live (52%), Instagram Live (46%), Amazon Live (30%) and a company’s own app or website (28%).
What we are reading