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Zara has announced plans to expand its livestreaming e-commerce model to the US, UK, and European markets later this year. According to Zara, a team of approximately 70 people is responsible for the China-based live broadcasts, which take place in a 1,000-square-meter venue in Shanghai. These broadcasts are filmed using seven cameras to switch between different angles,…
As retail continues to evolve, brands must adapt to changing consumer behaviors and technological advancements to remain competitive. At Star Brands Consulting Ltd, we’ve identified key trends that will shape the industry’s future. In this article, we’ll explore how brands can stay ahead of the curve and thrive in the ever-changing retail landscape. The Shift…
Zara is reportedly bringing its live-shopping broadcasts — already popular in China — to the U.S. Zara is exploring innovative strategies to attract shoppers as sales have slowed following a post-pandemic surge, according to a Reuters report on Monday (June 3). The report cites data from retail analytics firm EDITED, highlighting that Zara’s weekly five-hour live…
Welcome to the Star Brands Consulting Ltd blog! As we move further into 2024, the franchising landscape continues to evolve, bringing new opportunities and challenges. Staying ahead of these trends can give franchisors and franchisees a competitive edge. Here are the top franchise trends to watch in 2024. 1. Emphasis on Sustainability Eco-Friendly Practices Consumers…
Welcome to the Star Brands Consulting Ltd blog! Today, we’re diving into the fundamentals of franchising – a business model that has allowed countless entrepreneurs to achieve their dreams. Whether you’re considering becoming a franchisee or franchisor, understanding the basics is crucial for your success. What is Franchising? Franchising is a business arrangement where a…
Introduction:Zara, a global leader in fast fashion, has set the standard for delivering trendy, high-quality clothing at an affordable price. As the flagship brand of the Inditex group, Zara has successfully positioned itself as a household name in the world of fashion. With its streamlined supply chain, Zara brings the latest runway looks to retail…
Spanish fast-fashion retailer Zara opened its newest location Thursday at Westfield Old Orchard mall in Skokie. The 28,000 square foot store is located in the recently redeveloped former Lord & Taylor space, which it shares with a home furnishing brand and a mini-golf restaurant. Previously, Zara operated out of a smaller space on the north…
The 7-Eleven convenience store chain this week marked the 50th anniversary of its first outlet opening in Japan, where convenience stores have become essential infrastructure for everyday life. On May 15, 1974, the first Japanese outlet opened in Tokyo’s Toyosu area. The first product sold there was a pair of sunglasses. “In the beginning, I…
Burger King is sprinting toward $300,000 in per-unit profitability for franchisees, and it’s thanks to more than $2 billion worth of investments to get back on track. That breaks out to $400 million from the “Reclaim the Flame” turnaround plan announced in September 2022, the $1 billion acquisition of its largest franchisee Carrols Restaurant Group, a $500…
Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC struggled to attract customers. Shares of the company fell nearly 4% in early trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Yum reported first-quarter net income of…