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Post-pandemic retail more focused than ever on prime space

Post-pandemic retail more focused than ever on prime space

​There’s been much talk in recent years about the polarisation of physical retail as ‘supermalls’ and other top destinations draw the best tenants while the rest goes into decline. Now a new report seems to confirm that.
Fashion
U.S. shoppers set to spend more this Holiday season despite inflation woes: KPMG

U.S. shoppers set to spend more this Holiday season despite inflation woes: KPMG

U.S. shoppers are set to spend more this Holiday season, with a shopper's average spend increasing by 6% on last year, despite most shoppers worried about inflation leading up to the busy period. 
Fashion
Target names new chief digital, product officer

Target names new chief digital, product officer

Target Corp. announced on Wednesday the appointment of Prat Vemana the role of executive vice president, chief digital and product officer, effective October 31. 
Fashion
Amazon makes first venture fund bets with $150 mln for underrepresented founders

Amazon makes first venture fund bets with $150 mln for underrepresented founders

Amazon.com Inc is investing in outside venture capital funds for the first time, saying on Wednesday it planned to hand $150 million to firms that are backing underrepresented founders. 
Fashion
M&S links up with Mamas & Papas for shop-in-shop trial

M&S links up with Mamas & Papas for shop-in-shop trial

The tird-party ‘Brands at M&S’ offer continues to grow at pace, the retailer has announced, and that can only mean a new addition to its roster. Nursery brand Mamas & Papas is set to trial in three regions across the UK.
Fashion
Battersea Power Station takes wraps off as mall prepares to open

Battersea Power Station takes wraps off as mall prepares to open

​The developers behind the transformed Battersea Power Station ramped up their publicity campaign this week as they prepare for the location’s grand reopening as a giant shopping mall on 14 October.
Fashion
Tesco wins new customers for fashion, even though non-food sales fall

Tesco wins new customers for fashion, even though non-food sales fall

​Tesco’s interim results on Wednesday included the news that more consumers than ever are buying its F&F fashion offer with customer numbers up 8% in the six months to late August. 
Fashion
Lights out for Paris with Miu Miu, Xuly.Bët and Ungaro

Lights out for Paris with Miu Miu, Xuly.Bët and Ungaro

On the last day of the Paris fashion shows on Tuesday, the designers translated their views into real manifesto collections; Miu Miu, Xuly.Bët and Ungaro in particular.
Fashion
Seeing RESEE, the desirable designer resale platform

Seeing RESEE, the desirable designer resale platform

Luxury resale platform RESEE launched a 3-day appointment-only popup in Paris during Fashion Week in collaboration with Instagram account OldCelineArchive. 
Fashion
Online meets in-store as 70% of consumers prefer omnichannel shopping - report

Online meets in-store as 70% of consumers prefer omnichannel shopping - report

Choosing between physical and online retail isn't an issue for global consumers with most choosing omnichannel and actively combining the physical with the virtual, using phones in-store for research and for e-shopping.
Fashion
Hyve fast-tracking to post-Covid recovery, sells Turkish events arm

Hyve fast-tracking to post-Covid recovery, sells Turkish events arm

Within days of issuing a positive trading update to shareholders, Hyve Group was back with further details of its progression, with trading for the year ended 30 September showing a “full revenue recovery”.
Fashion
Cash-strapped shoppers target price over sustainability, but want retailers to offer both

Cash-strapped shoppers target price over sustainability, but want retailers to offer both

​Looking for cost savings, or saving the planet. In normal times that might not be a difficult choice. But in today’s harsh economic climate, it increasingly becomes something of a dilemma, a new survey reveals..
Fashion
Footfall tracker Springboard acquired by MRI Software

Footfall tracker Springboard acquired by MRI Software

UK retail footfall specialist Springboard has a new owner. US-based real estate software specialist MRI Software has bought the business for an undisclosed sum.
Fashion
Bazaarvoice launches new Influenster app for UGC and authentic reviews

Bazaarvoice launches new Influenster app for UGC and authentic reviews

​Bazaarvoice’s Influenster has launched a new mobile app to match shoppers with brands “seeking honest feedback on their products through authentic reviews, photos, and videos”.
Fashion
Resale market value surges, isn't slowing down says Vestiaire Collective/BCG report

Resale market value surges, isn't slowing down says Vestiaire Collective/BCG report

We all know that resale is growing, but the pace of growth is picking up fast and the potential is huge, a new study from Boston Consulting Group (BCG) and resale specialist Vestiaire Collective claimed on Wednesday.
Fashion
Mind to open Carnaby's first permanent charity shop, with designer fashion focus

Mind to open Carnaby's first permanent charity shop, with designer fashion focus

​The Carnaby area of London continues to encourage an interesting mix of retailers with the latest arrival being mental health charity Mind. It’s set to open a permanent pre-loved vintage fashion shop on 12 October. 
Fashion