Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. Attractive to younger generations, leisure can help to bring physical commerce back to consumers who strayed from it during COVID.

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Inside Retail

NOVEMBER 23, 2023

For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday. per cent up on 2022. The post How FOMO drives consumers and retailers to participate in Black Friday appeared first on Inside Retail Australia.

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Retail Focus

OCTOBER 7, 2022

MAPIC is launching its Retail Village concept for MAPIC 2022. The new consumer, including new generations such as Millennials and Generation Z-ers, is making increasingly niche and specialist choices in their consumption habits and becoming less mainstream: from veganism to the circular economy and reducing waste.

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Inside Retail

NOVEMBER 3, 2022

At Microsoft, we break down the metaverse i nto three strategies: consumer, enterprise, and industrial. Consumer metaverse. Branded worlds & pop-up experiences for consumers to shop and interact with other customers. Your invite | Live Digital Event | Metaverse: Strategies for Retail Success – November 30, 2022.

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Inside Retail

FEBRUARY 23, 2022

One recent study by ChannelAdvisor and Dynata surveyed over 1000 Australian consumers about their current shopping habits and how they expect these habits to change in the near future. In fact, many of these Australian shoppers expect their online shopping to increase in 2022. More Australian consumers are using multiple platforms.

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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. per cent of businesses.

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Retail Focus

NOVEMBER 25, 2022

The 2022 MAPIC Conference Programme has been released. The opening keynote at MAPIC 2022 is on the future of retail and will consist of two parts. The psychologist and author of the bestseller Why We Buy: The Science Of Shopping , will shed light on the evolution of consumer habits in our post- pandemic world.

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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

JULY 27, 2022

The 2022 retail holiday season is going to be much different than in years prior. Read to the end to learn seven actionable strategies to maximise your 2022 holiday sales. Surging inflation and cautious consumer spending behaviour. Surging inflation and cautious consumer spending behaviour. Supply-chain disruptions.

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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. An untapped apparel market Consumer demand for gender-neutral clothing or unisex fashion styles has been growing in recent years. billion by the end of this period.

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Retail Focus

SEPTEMBER 14, 2023

Retailers and brands need to evolve their channel-mix for consumer engagement in an age where trust is harder to earn and keep, says Bernd Bude, CEO of ADvendio. A survey by Edelman in its Trust Barometer 2022 found that business beats government by 53 points on competency and 26 points on ethics.

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Advertising Consumer Curate Social Media 162

Retail Focus

JANUARY 18, 2022

Forced to adapt to a permanent shift in consumer behaviours and expectations as a result of the pandemic, the industry accelerated its digital transformation dramatically last year. Retailers large and small embraced technology solutions able to meet the needs of the post-pandemic consumer, and that was just the beginning.

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Inside Retail

FEBRUARY 2, 2023

In today’s digital landscape, consumers have quickly become the driving force of how businesses conduct their marketing and customer-facing operations. As such, it is essential that brands stay abreast of consumer expectations in order to keep up with the changing times.

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Inside Retail

FEBRUARY 27, 2022

Over the past few years, retailers have been disproportionately affected by fluctuating consumer demand, and the so-called “great resignation” is threatening to plunge the industry into further chaos. Source: Roubler workforce management survey 2022, preliminary results. When it comes to reinvention, there’s no time like the present.

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Retail Focus

OCTOBER 4, 2022

And while physical stores have long since reopened, the average consumer still faces plenty of challenges. All of which has a knock-on effect for retailers and could prompt a worrying trend – especially as we approach peak shopping and shipping season in 2022. The post Are you ready for peak season 2022?

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Inside Retail

MAY 11, 2022

Scentre group’s figures came out on the same day as the latest consumer confidence data from Westpac shows a decline of 5.6 per cent in 2022.”. The post Australians return to the malls despite a plunge in consumer confidence appeared first on Inside Retail. Comparable sales of major retailers and specialty stores were up by 11.2

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Inside Retail

MARCH 8, 2023

According to the e-commerce company’s latest Trender report, emerging innovations like ‘shoppertainment’ and virtual retailing are enabling brands to further diversify their omni channel offerings and cater to modern consumers who expect more from online retail platforms. Another driver is demographics. What’s next?

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Inside Retail

APRIL 24, 2024

per cent in the first quarter, with consumer goods up 3.1 Since retail trade is a key input into broader consumer spending, which in turn is a massive component of GDP (as much as 45 per cent by some estimates), it stands to reason that the retail series might be a bit wonky too. Officially then, China’s retail sales rose by 4.7

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Inside Retail

DECEMBER 13, 2023

With sales almost entirely online, the retailer generated about US$23 billion in global revenue in 2022, according to research firm Coresight. Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M. Shein has a huge valuation and is primed for an IPO. Shein introduced 1.5

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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. . Trying before buying’ will play a big part in contributing towards the growing volume of returns in 2022.

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Inside Retail

OCTOBER 18, 2022

Lockdowns, store closures, and increased online shopping were all part of the ‘new normal’ for consumers and retailers during the height of the Covid-19 pandemic. ACRS (Australian Consumer and Retail Studies) regularly investigates the attitudes and behaviours of Australian shoppers via our ACRS Retail Monitor.

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Inside Retail

DECEMBER 13, 2021

For nearly two years, retailers have faced Covid-19 lockdowns and restrictions, with e-commerce changing consumer expectations and the role of physical stores and online channels. More than half (52 per cent) of consumers in the US plan to make the majority of their department store purchases in shops this holiday season.

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Inside Retail

DECEMBER 18, 2022

Sunway Malls’ turnover has now exceeded pre-Covid 19 levels, and Chan expects the overall increase in consumer traffic to be about 15 per cent above pre-pandemic levels by the end of 2022. Changing consumer behaviour. Direct-to-consumer strategies, both online and offline, have also emerged as a clear trend.

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Inside Retail

JUNE 27, 2022

A softening of consumer demand . Both 2020 and 2021 saw record-breaking levels of consumer demand brought about by the pandemic and subsequent lockdowns. While there are some signs of inflation beginning to correct itself, it could be some time yet before general consumer costs return to normal.

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Consumer Electronics Consumer Shopping Strategy 130

Retail Focus

SEPTEMBER 27, 2022

In what follows, we discuss the top 2022 e-commerce technology improvements guaranteed to develop your business. . You can meet the demands of your customers by studying and using the best 2022 e-commerce tech development to your advantage. . Mobile Marketing .

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Inside Retail

JANUARY 30, 2023

It has never been more difficult – nor more important – to stay one step ahead of evolving consumer habits. There’s little doubt that marketers have another challenging year ahead as they try to grow revenue and build lasting relationships with their customers set against constricted consumer spending.

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Consumer Engagement Advertising Strategy 130

Inside Retail

MAY 12, 2022

Italian luxury shoe maker Tod’s sees analysts’ expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread Covid-19 restrictions, its finance chief said. The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.

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Inside Retail

FEBRUARY 14, 2022

Without any particular reason to come back until now, Retail Global is so thrilled that he is making the journey for Retail Fest 2022 for his 23rd trip to Australia. The shift for consumers is moving towards preloved, vintage, rented, upcycled, recycled and reused for a range of reasons. Retail Fest 2022.

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Inside Retail

MAY 2, 2022

Australia’s most popular health and well-being trade show – the 2022 Naturally Good Expo – will be on once again from June 6-7 at Sydney’s International Convention Centre, with registration open for free entry. . Check out these top five features not to miss at Naturally Good 2022. . Speaker Series. Australian Organic Alley.

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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. The answer is deceptively simple.

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Inside Retail

APRIL 17, 2023

Australian consumers are increasingly turning to marketplaces to search, discover and purchase new products, offering major opportunities for local brands. New research from Pattern’s Marketplace Consumer Trends Report – 2023 highlights that 92 per cent of consumers plan to shop on a marketplace this year.

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Hunton Andrews Kurth

JANUARY 11, 2023

As we kick off a new year, the Hunton Andrews Kurth Retail team would like to provide you with a rundown of the top posts we shared throughout 2022. Top Posts of 2022: IP in the Metaverse: An Overview for Retailers in a New Landscape. Please click the links below to review these highlights. Thank you for your readership!

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Inside Retail

NOVEMBER 23, 2021

I’ll start with a particularly interesting one that has strong voices on either side: what proportion of sales will be online in 2022? Yet we’ve also seen consumers in locked down states line up for hours to access physical retail as it reopened. Why online will grow: consumer trial. So which is it? Will online keep growing?

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Inside Retail

JANUARY 19, 2022

The playing field for retailers and their vendors has shifted thanks to evolving consumer behaviour. With more people shopping online our expectations coming into 2022 are higher than ever. A recent study by Epsilon found that consumers are 80 per cent more likely to purchase from a brand if it offers them a personalised experience.

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Advertising Consumer Shopping Strategy 130

Retail Focus

JANUARY 20, 2022

These days, consumers are changing their tastes and preferences. There are a huge number of consumers who prefer video content hence video marketing is the current trend and forms a very integral part of online marketing. The profit of the business depends on the consumers. It is to understand the needs of the consumers.

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Inside Retail

DECEMBER 15, 2021

As the festive season continues and sales continue to flow in, so too do predictions for retail in 2022. Yet many retailers are still struggling to accurately show consumers how many of each product they have on their shelves, or even offer effective click-and-collect. Could we see some stores differentiate by their lack of technology?

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