Remove Consumer Remove Contrast Remove Retail Sales
article thumbnail

Why consumer spending in one retail category is outpacing all others

Inside Retail

At a sub-category level, there are even bigger movers, which present opportunities for some retailers and heightened competition for others. By looking more closely at spending changes, retailers can gain a more vivid picture of what’s driving customer behaviours. Stepping even further out by age reveals the contrast.

Other 147
article thumbnail

How beauty retailer Ella Bache is navigating the consumer spending slowdown

Inside Retail

French-founded and Australian-owned skin and beauty retailer Ella Bache has powered through almost 70 years of ups and downs. And with the recent slowdown in consumer spending and rising cost of doing business, that experience is proving invaluable. Changing spend Ella Bache is no stranger to this.

Consumer 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. The scale of a renaissance in bricks-and-mortar store openings may well be modest but it does contrast with an extended prior to and through the Covid-19 pandemic of store network pruning.

article thumbnail

Five retail leaders discuss how to deliver value in a spending slump

Inside Retail

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. How did they adapt?

article thumbnail

Young adults are feeling the pinch – here’s how retailers are responding

Inside Retail

A number of retailers have affirmed analysis from Commbank’s Cost of Living Insights Report which showed that financial pressures aren’t hitting everyone equally. Spending among 35+ year old consumers had increased by 3.1 per cent on retail services for the 12 months to March, 2023. per cent on apparel, and by 9.7

Fashion 238
article thumbnail

How to ensure Black Friday doesn’t become the nightmare before Christmas

Inside Retail

We’ve also noticed an increase in advertising for big sale events including Black Friday, Cyber Monday, Click Frenzy, and even Afterpay Day. Even before thinking about the specifics, the timing of these sales appears challenging for both retailers and consumers, not to mention supply chains.

Consumer 246
article thumbnail

Niche luxury labels remain attractive in Singapore amid luxury fatigue 

Inside Retail

As established luxury brands navigate complex market dynamics, emerging niche luxury labels are witnessing a notable uptick in consumer engagement and market presence. This is possible due to today’s easy access to a global range of vendors and artisans, a stark contrast to the past.” The Singapore luxury market is no exception.

Curate 147