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March spending intentions surge amid Australia’s economic rebound

Inside Retail

Retail sector snapshot: The year to March 2021 saw a wide range of spending patterns across different sectors of the market. Disclaimer: Important information: This article is intended to provide general information of an educational nature only. All statements in this article are based on CommBank Household Spending Intentions series.

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Why Australia’s ‘great resignation’ is a myth: The Conversation

Inside Retail

One is the usual pattern associated with economic cycles – when jobs become more plentiful, quit rates rise. This article is republished from The Conversation under a Creative Commons license. Read the original article. But in leisure and hospitality, monthly quit rates have jumped from 4.4%

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New analysis of 2021 Census data reveals shifts in commuting patterns

Retail Times

The ‘Rush Hour to Hushed Hour: Using the 2021 Census to Analyse Future Commuting Patterns’ Insight Focus from planning specialist Lichfields reveals the long-term impact of the pandemic on […] If you want more information Retail Times get in touch! Retail Times - UK Retail News & Featured Articles

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Coles has hired US defence contractor Palantir to “optimise its workforce”

Inside Retail

Users might compare earnings between branches, flag a store that seems inefficient, or identify an upcoming period of high spending based on historic patterns. This pattern suggests that, over the next three years, Coles will increasingly depend on Silicon Valley technology to understand and manage its own business.

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Research uncovers the habits of consumers using BNPL. Hint: They spend more

Inside Retail

Whether youre a shopper considering using BNPL or a business thinking about offering it, our research highlights that it may have the power to significantly influence spending patterns for better or worse. The post Research uncovers the habits of consumers using BNPL.

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How to utilise AI chatbots in the workplace (without risking your job)

Inside Retail

Rather, when they are built (or “trained”) they encode, in large statistical structures, sophisticated content or language patterns contained in the training data. When AI chatbots get things right, it is because much of human knowledge is patterned and embedded in language, not because “it knows”. Read the original article.

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Budgy Smuggler partners TfL for new London Underground-themed collection

Retail Times

Inspired by the London Underground’s iconic moquette designs, the collection includes three swim trunks featuring signature patterns from the Northern, District, and Victoria lines. Retail Times - UK Retail News & Featured Articles The collection […] If you want more information Retail Times get in touch!

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