Inside Retail

DECEMBER 11, 2023

Fitness tracker Fitbit is facing an $11 million penalty in Australia after admitting it committed deceptive representations about consumers’ rights to a refund or replacement if the device sold was found faulty. The post Second strike: Fitbit fined again for misrepresentation appeared first on Inside Retail Australia.

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Inside Retail

OCTOBER 17, 2024

The campaign, which ran from January 2020 to August 2021, was for a 60-month interest-free and no-deposit payment method. According to the Australian Securities and Investments Commission (Asic), many consumers may have been unaware of the financial arrangements they entered when buying products at Harvey Norman stores.

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Inside Retail

JANUARY 31, 2022

Despite the fall, spending on retail goods remains heightened compared to December 2020 for all retail industries except for department stores which is down by 9.0 Trading conditions worsened in December due to the beginning of the Omicron wave rapidly spreading across the country, pushing consumers to be more cautious. per cent.

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Inside Retail

APRIL 22, 2021

Now more than ever, it’s critical to understand the latest consumer expectations — and be ready to adapt. Direct-to-consumer selling. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Australians spent an unprecedented $50.46

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Inside Retail

JUNE 5, 2024

Today, the brand boasts 88 stores across 12 countries and continues to share its ethos of long-lasting timeless design with consumers. “At Emily’s Zen rug, the winner of the 2020 Bolia Design Awards, sparked a fruitful collaboration, resulting in two stunning design series now featured in our collection,” said Hansen.

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Inside Retail

JULY 22, 2021

The judge called the business’ actions “exploitative, predatory and potentially dangerous”, according to the ACCC, which took Lorna Jane to court over the claims in December 2020. This type of conduct is particularly harmful where, as here, consumers cannot easily check or monitor the claims made.”. Lorna Jane thinks so.”.

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Inside Retail

JANUARY 10, 2022

per cent in November compared to the same period of 2020, the Australian Bureau of Statistics reported on Tuesday, while online spend, driven by Black Friday and Cyber Monday, rose 22.8 Retail spending rose 5.8 This is, obviously, quite different to what the industry is facing currently.

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Retail Focus

MAY 11, 2021

In support of the capital’s creatives thriving through the pandemic, Westfield London and Westfield Stratford City are hosting social media brands that originated as side hustles in 2020 to support small business as non-essential retail re-opens. Fairholme Studio – Fairholme Studio is a candle brand; born during the lockdown in 2020.

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Retail Focus

APRIL 19, 2022

Long before Covid, retailers were lacking a certain originality having become too transactional, but in the years leading up to 2020, imaginative changes were already being made to re-engage consumers. Something that’s prevalent in articles from 2020 and in recent months, is the need for stores to be agile and flexible.

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Inside Retail

SEPTEMBER 10, 2024

The pandemic has driven more consumers to explore ethnic products, diversifying their home cooking either as a lifestyle choice or as a cost-saving alternative to dining out,” the spokesperson said. Australia is Freshippo’s third offshore market after the US and Singapore.

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Inside Retail

SEPTEMBER 11, 2021

billion in 2020 (Mordor Intelligence, 2021), Australians are major consumers of health and beauty products worldwide. Progressive retailers should be leveraging this white space to provide replacement experiences that give consumers an equal sense of belonging and connectedness to the brand, and to their family and friends, from home.

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Inside Retail

MAY 12, 2021

The March rebound also reflected the increase in spending relative to the start of the COVID-19 period in March 2020. The HSI covers around 55 per cent of Australia’s total consumer spend across seven categories: home buying, retail, travel, education, entertainment, motor vehicles, and health and fitness.

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Inside Retail

JUNE 1, 2023

According to a report from Customology, dubbed The Unspoken Customer, many consumers do not trust brands or their communications, therefore overly enthusiastic customer campaigns could be detrimental to businesses. Consumer mistrust is frequently brought up by the use of unsuitable marketing content and frequent emailing.

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Inside Retail

OCTOBER 15, 2023

million at the onset of the pandemic in March 2020. It acted as a platform for consumers to interact with and learn about a rotating variety of omnichannel and digitally native brands, by way of QR codes. Showfields closed its Miami and New York City locations in July and September, respectively.

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Inside Retail

JULY 19, 2024

Lululemon is facing a class action lawsuit alleging the retailer misleads consumers in its sustainability campaign. The lawsuit, filed in a district court in Florida last week, claims that the brand’s ‘Be Planet’ campaign tricks consumers into thinking that it is contributing to a better planet.

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Inside Retail

OCTOBER 24, 2023

Google started working with its AR and AI partners ModiFace and Perfect Corp on a tool that would allow users to virtually try on eyeshadow, lipstick, and foundation shades online in December 2020. This allowed consumers to “try out” a piece of furniture and get a feel for whether or not it would work. In 2020, 83.1

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Inside Retail

JULY 12, 2021

According to the competition watchdog, between May 2019 and October 2020 the dental aligner retailer told customers they may be eligible for a reimbursement for its products and treatment from their health funds, even though most private health funds do not cover the business’ products. “We

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Inside Retail

NOVEMBER 11, 2022

Trans-Tasman retailer Strand formerly known as Strandbags has been fined $780,000 (AU $709,246) in the Auckland District Court after being convicted of misleading consumers over discounts. Rawlings cautioned businesses that bargains offered should be genuine, unambiguous and not promoted in a way that “entices” consumers.

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Inside Retail

APRIL 29, 2021

It is promising to see the changes in consumer behaviour that marked the period continue into the new year despite the absence of long-term lockdowns,” said Booktopia chief executive Tony Nash. The post Booktopia earnings double in third quarter appeared first on Inside Retail.

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Inside Retail

MAY 27, 2021

Despite launching an e-commerce site and new look stores in mid-2018, the Healthy Life franchise struggled to make an impact on consumers. Consumers have always had a need for health products but the market has been cluttered and has lacked differentiation. The difference now is that consumer values have really shifted.

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Inside Retail

FEBRUARY 29, 2024

Australian liquor retailers are facing stiff competition for a share of consumer spending, according to consumer intelligence company NIQ (Nielsen IQ). “Online liquor sales experienced a boom in 2020 to 2021, and we are seeing this taper off and normalize”, Sheridan concluded.

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Inside Retail

JANUARY 9, 2022

In 2020 and 2021, empty shelves were due to spikes in demand, as shoppers responded to lockdowns by buying more toilet paper, pasta and other consumables. Apart from the first wave in March 2020, shortages were localised. Australia has experienced plenty of supermarket shortages since the COVID pandemic began.

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Inside Retail

JULY 14, 2021

“These lockdowns look to have dented retail spending in areas hard-hit in 2020, notably hospitality and clothing and footwear,” said NAB chief economist Alan Oster. Consumer sentiment has managed to stay relatively flat across the country, though this is due to steep declines in certain states and sharp spikes in others.

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Inside Retail

NOVEMBER 23, 2023

Speaking with Inside Retail , Dockers CEO Natalie MacLennan explained that the brand, which is part of Levi Strauss & Co , underwent a restructure in 2020, which has given the business the focus – and resources – it needs to reinvent itself for a modern consumer. We really wanted to make sure that Dockers had focus.”

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Retail Focus

APRIL 20, 2024

Despite the Government refusing to overturn the abolition of the duty-free shopping for tourists in the Spring Budget, now half (50%) of UK consumers want the scheme to be reinstated, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

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Inside Retail

JUNE 7, 2022

Costco currently boasts 200,000 members and sells a mix of goods from fresh food, groceries, meat, consumer electronics, clothing, diamonds and even coffins. billion in 2020 to $2.8 According to The Australian, Costco Australia’s sales in the year to August rose from $2.6 billion last year. million.

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Inside Retail

JULY 10, 2024

Shepard was inspired to start the brand based on his own experiences searching for such products, and he knew other consumers were looking for the same thing. Tapping into this much-underserved market has led to steady growth for Both& since it officially launched in 2020.

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Inside Retail

APRIL 12, 2022

million for the December 2020 half. The buy now, pay later concept allows retailers to offer instant free credit to consumers who don’t have the cash to buy items, usually repayable in three monthly payments. The company’s net loss was $345.5 million, up from $79.2 These results are horrendous.”.

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Inside Retail

MAY 8, 2022

Since early 2020, like everyone, I’ve been online a lot more. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1 per cent year-on-year growth in retail consumer spending to March 2022 3.

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Inside Retail

AUGUST 8, 2021

The boost to locker locations comes as Australia Post’s latest Inside Australian Online Shopping eCommerce report reveals the volume of parcels increased almost 32 per cent over the 2020-21 financial year. Australia Post’s Nicole Sheffield, executive general manager community and consumer, said the partnership was timely.

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Inside Retail

DECEMBER 12, 2021

The number of Australian consumers who made purchases through social media in 2020 was 5.3 This marketing technique will also allow business owners to understand the consumer behavior that can the be used in future marketing. It is expected to increase up to 6.4 million by the year 2024. Building a community, not just customers.

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Inside Retail

MARCH 22, 2023

The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut waste and make goods last longer. In many cases, consumers simply replaced still-functioning goods because they wanted a newer version.

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Inside Retail

JULY 8, 2024

The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumer electronics sector has seen a sign of recovery. billion, in 2023.

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Inside Retail

AUGUST 3, 2021

In 2020, 23 million children missed out on basic vaccines through routine immunisation services, leaving them at risk to devastating but preventable diseases,” said UNICEF Australia chief executive Tony Stuart. Through the platform, Adyen absorbs the cost of the donation, which allows 100 per cent of the donation goes directly to the charity.

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Inside Retail

NOVEMBER 10, 2024

After closing its first direct-to-consumer (DTC) store in Australia in the Sydney suburb of Woollahra, the brand initially planned to open a boutique in Bondi Beach. Coming to the consumer Ecoya has a strong online business partially attributed to its loyal following.

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Inside Retail

AUGUST 2, 2021

While the subject of cannabis legalisation still divides countries around the world, there is no denying the influence that legal cannabis products are having on retail and consumer goods. billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 21.2 per cent from 2021 to 2028. Petcare market.

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Retail Focus

NOVEMBER 25, 2022

In 2020, retailers were hit hard by the pandemic, but those that adapted to ecommerce and home delivery fared well throughout lockdowns and into the post-Covid recovery period. With a whole new danger hitting consumers – inflation – will the same be true? One area being watched with baited breath is the retail sector.

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