Retail Focus

JULY 11, 2022

The Creative Retail Awards and Save The High Street have formed a partnership to promote the importance of design and display in independent retail, with Save The High Street becoming sponsor of the Best Independent Store category at the 2022 Creative Retail Awards. SaveTheHighStreet.org are proud to be associated with this Award.”

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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

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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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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Inside Retail

APRIL 24, 2024

Coco Republic will collaborate with online lifestyle retailer Revolve to produce a collection of decorative items, to expand its audience to millennial and Gen Z consumers in the US. Founded in 1984 in Australia, Coco Republic launched two flagship stores in California in 2022.

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Inside Retail

MAY 11, 2023

As Australian retailers see consumers returning to in-person shopping, the drive to present eye-catching fitouts to a digital-savvy customer base has become critical in strengthening brands and creating unique and immersive shopping experiences.

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Inside Retail

MARCH 3, 2024

Mosaic Brands is facing legal action for allegedly breaching the Australian Consumer Law by failing to deliver “several hundred thousand products” to its customers within advertised timeframes. This is in contrast to the company’s committed delivery timeframe promoted online of two to 17 business days from the purchase date.

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Inside Retail

SEPTEMBER 23, 2024

The Australian Competition and Consumer Commission’s (ACCC) allegations that Woolworths and Coles breached the Australian Consumer Law by making misleading claims about discounts come as retailers head into their most promotional period of the year and serve as a warning to the wider industry.

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Inside Retail

MARCH 29, 2022

billion in sales in 2022. And while brands and advertisers have relied on social media to promote their products for years, many now realise the benefits of having the entire shopping experience hosted on the platforms themselves. Here’s who we expect to dominate live shopping and social commerce in 2022.

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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

AUGUST 26, 2021

These have been tough and unavoidable trading conditions and we believe that hard-working franchise partners, strong brands and ongoing promotional support from RFG has kept the impact to a minimum and built a strong base for FY22. The post RFG “cautiously optimistic” for business in 2022 appeared first on Inside Retail.

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Inside Retail

JANUARY 11, 2023

At least two significant forces are reshaping how and where consumers shop and their expectations of brands. Encouragingly, consumers are ready to increase participation in the circular economy. Consumers want businesses to make it more convenient to take part.” . In stark contrast, Finland is targeting 100 per cent by 2025 2.

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Retailing Insight

NOVEMBER 2, 2021

Today, we are inching toward 2022 with the understanding that the pandemic is still a part of our world and the new normal is here. Here are the top tips for you to take note of as we head into 2022 with a new strategy. FASTER & FREE SHIPPING Consumers will pay more!

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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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Inside Retail

FEBRUARY 12, 2023

According to Textile Exchange’s 2022 report, synthetic fibres represent 65 per cent of global fibre production, and more than half of these fibres, 56 per cent, are derived from fossil fuels. The post Why a concept store in Hong Kong is educating consumers about textile waste appeared first on Inside Retail.

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Retail Focus

AUGUST 11, 2022

And, during a time of economic turbulence and when each purchase becomes even more considered for consumers, good product information can shore up demand for products at higher price points, helping retailers maintain margin by supporting full price selling.”. A further 43% of shoppers would rely on information about technical features.

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Inside Retail

JULY 22, 2024

The Reserve Bank is, of course, not so interested in profitability but may be swayed by 2024 financial year sales results that retailers have eked out with heavy and less enriching promotional activity. per cent seasonally adjusted retail sales increase was the first increase since the June 2022 quarter.

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Inside Retail

NOVEMBER 12, 2024

Despite low consumer sentiment and discount fatigue, Chinese spending during the country’s biggest shopping event doesn’t seem to be all doom and gloom. Many consumers are focusing more on stocking up on everyday items like dry shampoo, toothpaste, and tissue paper, according to Dudarenok.

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Inside Retail

NOVEMBER 13, 2024

While the brand’s designs were considered bold and lively by Gen X and older Gen Y consumers, also known as Millennials, the brand didn’t strike the same chord with younger Gen Y customers. We are prudently planning the second half through a more conservative lens, as we expect the trends we’ve seen in both brands to continue.

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RetailMinded

JANUARY 4, 2022

Here’s a list of the top retail technologies you must look out for in 2022: . When it comes to knowing the best technological trends that could help retailers in 2022, one of the most ideal alternatives businesses can consider is the use of customer service robots. Customer Service Robots . Voice Commerce .

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Inside Retail

NOVEMBER 13, 2024

Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. The emergence of consumer-facing fashion events including PayPal Melbourne Fashion Festival and Melbourne Fashion Week has led some to question the relevance of a closed industry-only event.

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Inside Retail

JULY 6, 2023

The weeks leading up to Christmas, Cyber Monday, and Black Friday typically see a surge in promotional activity that can account for a significant portion of a brand’s annual revenue. As a result, many consumers are expected to postpone discretionary purchases until peak season, where they are more likely to find sales and discounts.

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Inside Retail

JANUARY 29, 2023

In its preliminary half-year results, JB Hi-Fi attributed record sales to strong consumer demand, and its well-executed promotional strategies during Boxing Day and Black Friday. The biggest crack in consumer resilience may be yet to come in the negative wealth effect from falling house prices.

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Retail Focus

FEBRUARY 8, 2022

Similarly, with real-time integration between the digital shelf and the retailer’s online offer, consistency of pricing, product spec and promotion can be consistently managed more dynamically to improve CX and drive conversions. The post What’s in-store for 2022?

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Inside Retail

DECEMBER 17, 2023

Retailers within the pharmacy sector are evolving and exploring ways to best cater to consumers with the creation of one-stop-shop pharmacy retail spaces and superstores. Wesfarmers acquired Priceline’s parent company API in 2022 when CEO Rob Scott saw an opportunity to enter the fast-growing $25 billion health, well-being and beauty sector.

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VMS

JANUARY 27, 2023

(PRESS RELEASE) WASHINGTON — Consumers are expected to spend $25.9 billion in 2022 and one of the highest spending years on record, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. more than the average consumer celebrating the holiday. adult consumers Jan.

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VMS

OCTOBER 29, 2021

Further, 98 percent agree that supply chain issues will continue impacting the retail sector through 2022 and beyond. For this holiday season, we anticipate that consumers are going to bear the brunt of this disruption through increased shipping and product prices.”.

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VMS

OCTOBER 29, 2021

Further, 98 percent agree that supply chain issues will continue impacting the retail sector through 2022 and beyond. For this holiday season, we anticipate that consumers are going to bear the brunt of this disruption through increased shipping and product prices.”.

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Retail Focus

AUGUST 10, 2022

Of course, changing consumer habits have, and will continue to have, the biggest effect on retail with the internet taking business away from many city-centre shops. Shopping parks with oceans of car parking spaces and large retail units are not a new concept, but they continue to attract a lot of consumers. Out-of-Town Retail.

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Inside Retail

MARCH 20, 2024

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. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. trillion from 2022 to 2027. It was valued at $3.8

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Inside Retail

AUGUST 5, 2024

Widespread use of cash Japanese consumers have long preferred cash, considering it a safe and reliable payment method. Within Asia Pacific, Japan had the second-highest share of cash for in-person transactions at 51 per cent in 2022 after Thailand, according to the US-based banking and payment processing company FIS. per cent and 12.8

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Inside Retail

OCTOBER 10, 2023

“(The) government is addressing the risks posed by new digital payment services, which are currently unregulated, to protect consumers, promote competition and spur innovation,” Treasurer Jim Chalmers said in a statement. billion in 2022, from 29.2 million in 2018.

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Inside Retail

JANUARY 30, 2023

The Australian Competition and Consumer Commission (ACCC) is cracking down on misleading testimonials and endorsements by social media influencers. According to a release by the regulator, the sweep – which will take place over the coming weeks – is part of the ACCC’s compliance and enforcement priorities for 2022 to 2023.

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VMS

JANUARY 30, 2022

But on the plus side, let’s look at three major innovative trends that appear ready to help retailers find new ways to connect with customers in 2022. Tenspace (Columbus, Ohio) offers digital native and direct-to-consumer brands, like sports apparel brand Rudis, a physical space to test store concepts and brand activations.

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Inside Retail

NOVEMBER 18, 2024

The brand’s first stock-keeping unit was several styles of aesthetically designed face masks, the accessory of the year for 2020 to 2022. Urman observed that consumers today are looking for ways to be as healthy as possible that don’t feel cumbersome or hard to integrate into their busy lives.

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Inside Retail

SEPTEMBER 11, 2023

Like the launch of seasonal items like pumpkin-spice lattes , retailers and consumers alike are celebrating festive holidays like Christmas and Halloween earlier every year. While it seems that consumers are already preparing themselves for the Halloween season, studies show that their wallets aren’t as ready. allocated to candy.

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Inside Retail

JUNE 5, 2023

In a recent webinar with Inside Retail , Neilsen director, media analytics and consumer research, Shruthi Babu told attendees that, at a time when customers are increasingly feeling inflationary pressures, retail catalogues have become an important way for shoppers to make buying decisions.

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