Inside Retail

JUNE 2, 2021

More young consumers are moving toward second-hand fashion options, conscious of the environment and carbon footprint of the clothing industry. The deal, which Etsy said would be funded via available liquidity, is expected to close during the third quarter of 2021. billion, as the online seller looks to attract younger shoppers.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . This shows that consumers are researching online to find the product they are after before they head to a retail store to buy it. Representing 19.3 Search engines.

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Inside Retail

MAY 2, 2021

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. Shopping with purpose.

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Inside Retail

MAY 19, 2021

According to the most recent For Love or Money 2021 report, published by The Point of Loyalty, while 88 per cent of Australians are a part of at least one loyalty program, only 43 per cent actively used them (at least once) in 2021 – a far cry from the 53 per cent recorded in 2018. this brand speaks to me).

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Shopping Consumer Marketing 350

Retail Focus

FEBRUARY 13, 2023

Touchwood Shopping Centre in Solihull has continued to expand its leading offer with the arrival of Spanish fashion retailer Mango. Ardent UK acquired Touchwood in summer 2021, the first major shopping centre acquisition since the onset of the pandemic, in a deal that effectively called the retail investment market.

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Fashion Shopping Strategy Management 264

Inside Retail

JANUARY 2, 2023

Social commerce and live shopping. Browsing and shopping directly on social media platforms has long been a hallmark of e-commerce in China, now, it’s finally coming to Australia. Half of the GTV of e-commerce in China now comes from live shopping. Live shopping is essentially the modern-day, more sophisticated version of TVSN.

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Shopping Social Media Specialty Retailers Engagement 264

Inside Retail

DECEMBER 9, 2021

Booktopia is being taken to Federal Court after an ACCC investigation found it had misled consumers about their rights in the event of receiving faulty or damaged goods. These stipulations fly in the face of Australian Consumer Law, argued ACCC chair Rod Sims. The ACCC is seeking penalties, declarations, costs and “other orders“.

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Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

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Inside Retail

JUNE 14, 2021

Australian consumers are poised to lead the country’s economic recovery through shopping, though retailers will need to compete for their dollars as more opportunities for spending open up. per cent retail spending growth in 2021-22 is needed to meet budget expectations, despite little offered for household income.

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Consumer Shopping 173

Inside Retail

DECEMBER 9, 2021

The Australian Retailers’ Association is expecting Aussies’ pent-up demand for shopping to continue beyond Christmas, divining that a record $21 billion will be spent in stores and online in the period between Boxing Day and January 15. The post Post-Christmas trading period to hit $21 billion: ARA appeared first on Inside Retail.

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Inside Retail

OCTOBER 17, 2021

As restrictions ease, and consumers in Australia’s most populous states regain some basic freedoms, the recovery can now get underway. However, while retailers and consumers alike would be eager to put 2021 behind them, the research suggests recent events have yet again reshaped the way people shop and spend.

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Inside Retail

DECEMBER 5, 2024

When you think about the types of businesses millennials and Gen Z consumers frequent, apparel or beauty brands may come to mind first, but what about home goods? Research shows that millennials make up an increasingly large part of the consumer base for home goods and furnishings, which includes products ranging from bedspreads to furniture.

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Inside Retail

AUGUST 22, 2021

The business surveyed 2000 global consumers to compile the data, releasing the report to highlight retailer opportunities that continue to arise in the sector. As shown in the study, Australian consumers have consistently reported lower spending hesitancy on e-commerce platforms since 2020 as a result of Covid-19. “In

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Shopping Social Media Strategy Consumer 173

Inside Retail

APRIL 22, 2021

Now more than ever, it’s critical to understand the latest consumer expectations — and be ready to adapt. Looking ahead to the future of online shopping, three key trends in particular are likely to have lasting implications. Direct-to-consumer selling. Australians spent an unprecedented $50.46 Fulfilment of the future.

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Beauty and Health Advertising Consumer Shopping 299

Inside Retail

JUNE 4, 2024

But how is a brand known for selling $88 jars of sea moss managing to capture consumers’ attention and their wallets, especially considering current economic circumstances? percent from 2021 to 2022, with the greatest changes seen in eggs, fats and oils, and meat. percent, to reach an estimated $8.47 trillion by 2027.

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Consumer Shopping Fashion Marketing 278

Retail Focus

OCTOBER 30, 2024

Their ability to create highly curated experiences that are tailored to regional tastes, cultural preferences, and local consumers is made possible by this approach. In a world where consumers value authenticity, it’s important for brands to reflect the cultural heritage of a location to avoid appearing detached or overly globalised.

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Inside Retail

AUGUST 7, 2024

Little Birdie is an AI-powered price-comparison shopping platform that launched in 2021, with $30 million in funding from the Commonwealth Bank of Australia, before suspending operations in May. Our vision is to be the ultimate shopping companion,” Anthony Seymour-Walsh, CEO of CashRewards, told Inside Retail.

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Inside Retail

NOVEMBER 27, 2024

With consumer sentiment and discretionary spend down, many retailers are already facing reduced profit margins and a higher cost of doing business, making hefty discounting for prolonged periods a particularly costly exercise. Since 2021, LSKD has joined in on the “Black November” sales period, starting its discounting earlier each year.

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Promotion Advertising Department Stores Contrast 241

Retail Focus

FEBRUARY 21, 2024

If you walk up and down the aisles of supermarkets, clothes shops or even furniture stores, you will notice that more brands are shouting about their commitment to protecting the environment, be it via packaging or marketing messages. Retailers must also consider their consumers, and modern consumers are prioritising sustainability.

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Shopping Visual Merchandising Light Merchandising 162

Inside Retail

AUGUST 8, 2021

Another 300 7-Eleven stores will receive Australia Post deliveries by the end of 2021. The initiative will double the number of Australia Post parcel locker locations to more than 1000 giving customers more options for receiving their online shopping and parcels. More than 9 million households shop online, the postal service reports.

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Location Shopping Management Consumer 264

Inside Retail

DECEMBER 12, 2021

New social media platforms and trends emerge as 2021 closes in. Emerging shopping platforms. It’s no secret that online shopping became more prevalent during the pandemic, so naturally social media platforms adjusted to this and became an increasingly popular shopping outlet. It’s that time again!

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Social Media Marketing Engagement Form 298

Inside Retail

JULY 6, 2021

So, what’s in store for retail in 2021 and beyond? Let’s look at four key forecasts: Continued rise of digital Shift in the role of bricks-and-mortar Increased value of personalised experiences Greater influence of young consumers. Shopping at the edge” will expand. At Salesforce, we call this phenomenon “shopping at the edge”.

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Shopping Strategy Promotion Consumer 236

Inside Retail

DECEMBER 5, 2022

Consumers are the driving force behind a constantly changing, fragmented and evolving e-commerce landscape. From 2021 and even into early this year, 77 per cent of global consumers were still spending at or above the same levels online as they were a year prior. Inflation’s impact on e-commerce is still unclear.

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Strategy Social Media Consumer Shopping 260

Inside Retail

MAY 2, 2023

There was huge momentum behind the ‘shop local’ movement over the last few years, as consumers were restricted to certain locations during Covid-19 lock-downs, and felt connected to the success and survival of local businesses. Consumers are certainly continuing to support local stores, and localism is still going strong.

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Shopping Location Promotion Other 293

Inside Retail

JANUARY 10, 2022

.” Australian Retailers’ Association chief executive Paul Zahra said retailers had overall enjoyed a strong November, driven by a record-breaking Black Friday period and rising consumer confidence heading into Christmas. This is, obviously, quite different to what the industry is facing currently.

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Flow Accessories Accessories Consumer 299

Inside Retail

APRIL 19, 2022

Over the past two years, many Australian consumers have reset their expectations of the brand and customer experience. Having endured the pandemic and moved by escalating social and environmental causes, more consumers want to act for the greater good and expect businesses to follow. The power of purpose. Balancing purpose and profit.

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Consumer Beauty and Health Consumer Electronics Engagement 147

Inside Retail

JULY 15, 2024

The closure of Booktopia has presented the Australian retail and publishing industry with a gap and a lesson in consumer behaviour. Booktopia’s peak coincided with the pandemic lockdowns, when it brought in$224 million in sales in 2021 and $241 million in 2022 – yet the company never turned a profit.

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Hobbies Flow Consumer Shopping 290

Inside Retail

AUGUST 23, 2023

The Australian Bureau of Statistics (ABS) released its count of business entries and exits for the 2022-2023 financial year on Tuesday, revealing the formation of 406,365 businesses, or 66,000 fewer than in 2021-2022. per cent in 2021-2022, outlining the post-lockdown boom in consumer spending. The downturn equates to a 1.4

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Consumer Other Shopping Marketing 130

Inside Retail

FEBRUARY 9, 2022

Stocking a range of vegan, cruelty-free and eco-friendly beauty, personal care, lifestyle, baby and kids, pet, food and health products, the online retailer quickly connected with consumers who shop with sustainability foremost in mind. . She ranked first in Inside Retail ’s Top 50 People in E-Commerce in 2019 and 2021.

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Beauty and Health Consumer Planning Space 246

Inside Retail

JUNE 12, 2024

The Memo, the Australian omnichannel shopping destination for parents who are navigating pregnancy, postpartum and parenting, just opened its second and third Melbourne stores. Retail vacancy rates peaked in 2021 but consumer spending on dining and entertainment has since tripled which has reignited bricks-and-mortar shopping.

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Location Boutique Shopping Perspective 264

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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Consumer Shopping 263

Inside Retail

OCTOBER 15, 2023

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. In doing so, the department store experienced a 1,000 per cent increase in digital sales from 2020 to 2021, CEO and co-founder Matt Alexander said. Can Showfields make a comeback?

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Department Stores Food & Beverages Curate Concept 278

Inside Retail

MAY 21, 2024

In a note to customers, the company said it will be working on an AI shopping tool in the meantime. Launched officially in 2021 by Catch founders Gabby and Hezi Leibovich, Little Birdie aims to provide customers the best possible deal for buying items online. We are working on an improved format to deliver our AI shopping tool.

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Shopping Consumer 261

Inside Retail

JANUARY 12, 2023

Social commerce – shopping on social media platforms – is expected to reach US$1.2 In the US, social commerce is anticipated to double to US$80 billion in annual sales between 2021 and 2025, putting the US second only to China in social commerce, although China outsells the US by a factor of 10. trillion ($1.9

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Social Media Beauty and Health Engagement Shopping 264

Inside Retail

NOVEMBER 30, 2022

The US-inspired shopping event – which sees retailers across the country offer deals and discounts to tempt customers and boost sales – kicks off the peak period, and is routinely one of the busiest days on the calendar for shops, large and small. Chadstone Shopping Centre in Melbourne’s south east went all out for the shopping event.

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Shopping Pattern Perspective Accessories 246

Inside Retail

MARCH 13, 2023

The study found that 73 per cent of Australians said they purchase pre-owned apparel, 80 per cent believe they wear less than 60 per cent of their wardrobe, and 95 per cent give their unwanted items to op shops or other charitable organisations. “In Prior to this report, there wasn’t a lot of information about what was happening in Australia.

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Circulation Apparel Department Stores Fashion 264

Inside Retail

MARCH 9, 2023

According to ANZ senior economist Adelaide Timbrell, it will take years before customers return to buying power levels of 2021. This would help to ease the tight labour market, where the unemployment rate is below four per cent – a figure that was achieved only once between 1975-2021.

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