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June 7, 2019updated 23 Dec 2019 9:25am

Lush opens largest anchor store in Asia with technology-led retail

UK-headquartered cosmetics company Lush has opened Lush Shinjuku, its largest anchor store in Asia, with a technology-led retail focus.

By Deborah Williams

UK-headquartered cosmetics company Lush has opened Lush Shinjuku, its largest anchor store in Asia, with a technology-led retail focus.

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Located in the southeast wing of the busiest station in the world, Shinjuku Station, Japan, the new store showcases Lush’s innovations in retail technology, as well as offering exclusive products drops and new ways to shop.

Customers can use the latest version of the Lush Labs app, available in English, Japanese, Korean and Simplified Chinese, to scan and browse product information in-store, at home and on the go. They can also use the scan function via the 24-hour digital storefront window to scan and shop curated collections and products at any time.

Lush said its use of Google Lens technology also aims to minimise packaging and reduce water waste by showcasing products through video.

To further push its digital presence, Lush Shinjuku houses digital signage, such as a four-story 426 inch (10.8m) external LED screen, to match the shop to Shinjuku’s urban landscape.

Lush states that the store will be a three-stage retail journey, with each floor offering interactive experiences. The second floor boasts a sensory-based experience, with data sensors that map customer position and movement, using colour therapy, art and sound, to create an interactive digital mood.

The Lush Spa is scheduled to open on the third floor this summer and the fourth floor will be revealed at a later date.

The Lush Shinjuku opening comes six months after the launch of #LushLabs Harajuku and its successful 2017/18 financial year results due to its strong push towards store investments and product innov

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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