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THE RETAIL WRAP: 11th Nov

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Join the Retail Wrap to discover the latest news and happenings from throughout the diverse retail and design industries. 

 

From e-commerce and high street brands to inspirational and trending topics, our weekly series will bring you up to speed on the latest hot topics from across retail, lifestyle and design; covering everything from retailer updates, changes in purchasing behaviour, inspirational case studies, and the latest trends.

 

Meta is Reportedly Planning to Open Retail Stories to Sell VR, AR and Other Digital Connection Tools

With Facebook – or Meta as its parent brand is now known - gradually expanding its catalog of physical products, it makes sense that the company would also be considering physical stores as well, as a means to better showcase its next-level hardware designs.

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YouTube to move into video commerce as it aims to become shopping platform

YouTube is launching a holiday stream and shop livestream event as it aims to fulfil ecommerce ambitions. The move will see YouTube creators sell a combination of their own merchandise and select brands directly through the platform. Usually, the platform is used as a portal to explore products and conduct research before purchasing the item in question on other websites such as Amazon or Ebay.

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Selfridges ponders selling off ecommerce operation

Selfridges has pondered selling off its ecommerce operations, according to Bloomberg. The company has considered the opportunity of a possible spin off of the ecommerce arm, which is less lucrative than its property holdings division. The company’s wider sale price is expected to be approximately $4 billion when its controlling Weston family eventually decides who will buy the firm.

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Fashion retailer Modivo creates first fully automated physical shopping experience

European fashion retailer and Creative Retail Awards winner Modivo, has turned to display technology from PPDS to create and open a futuristic new store in Warsaw, combining the benefits of online and physical shopping for a highly unique and transformative customer experience. 

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Watch all of the retail Christmas adverts of 2021 – so far

While last year’s Christmas celebrations were scaled back due to Covid-19, hopes are high for this year to be one of the biggest festive seasons on record, with retailers feeling confident in the run-up and wasting no time in rolling out their no-expense-spared Christmas campaigns.

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Written by Yasemin Baytas
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Written by Yasemin Baytas

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