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In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. China is the world’s largest retailmarket, accounting for almost 50 per cent of global retail transactions. China’s e-commerce market, worth $1.9
Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. But most significantly, I think it shows how quickly our new retail habits have become second nature, with 9.4 What is Marketing Mix Modelling anyway?
In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retailmarkets through vertical acquisitions across the value chain. A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public.
Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. To do so, marketers are leveraging more data, technologies, and channels to create this type of relevant and customised customer journey. A unified front has to span the entire customer journey.
As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retailmarket.” In 2022, Walmart accounted for approximately US$500 billion in retail sales. billion in 2017.
When Sephora launched in South Korea, there were doubts about how the retailer would compete in one of the leading beauty capitals of the world. According to the International Trade Administration, South Korea’s beauty market was worth US$3.9 billion in 2022, making the country one of the top 10 beauty markets in the world.
A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.
It’s been quite a year for Indian beauty retailer Sugar, which has just concluded a $50 million Series D fundraise led by the Asia Fund of L Catterton. While multinational brands had always dominated the Indian market, their beauty products were not really suited to the skin complexion of the typical Indian consumer.
Pierre Yovanovitch chose a penthouse in a pre-war building for his New York gallery This business expansion offers a permanent base for Yovanovitch and his team in New York, and allows customers and clients from his largest retailmarket to see the Pierre Yovanovitch Mobilier products first-hand.
A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. The retail giant has since sold Bonobos to WHP Global and Express for $75 million, after paying $310 million for the apparel brand in 2017.) The DTC retail model is not dead. Absolutely.
Great news for retailers this week – as Retail Week reports that new shopping centre developments in the UK are going to hit a four-year high in 2017. Marking the biggest spike in development since 2013, the anticipated growth will see more than 2.7 million sq ft of floor space open for business next year.
Its market size, $75 billion USD as of 2017, was expected to reach $100 billion USD by 2025, growing with a compounded annual growth rate of 5.6 Statista Statistics, a Germany-based market data firm, reports a slide of 35 percent in gold demand to 446.4 The sector has more than 300,000 players employing over 4.64
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Once a quarter, we highlight a client of ours that is seeing success at retail. uHoo makes the most advanced air quality sensor on the market. Our team has helped get uHoo placed with Best Buy, Best Buy Canada, Home Depot, Lowes, and Wayfair to name a couple of key retailers.
How previous election seasons have affected the retailmarket When looking at all the elections from 1940 to today, retail sales have shown 0.8 One often overlooked aspect of this is the impact on retailers who market themselves via social media, which includes a lot of direct-to-consumer brands.
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