Inside Retail

FEBRUARY 17, 2025

The themes on display are often indicative of the global trends affecting consumers and retail. In the past year or so, KPMG has published global research papers that add further insights to the big trends affecting retail models and consumer behaviour. What do consumers think and how are retailers using it? trillion in 2030.

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Inside Retail

JULY 22, 2024

Retailers are already bearing the brunt of the march of interest rates with consumer confidence in retreat and retail spending sluggish outside the discount promotional periods. Clothing and footwear stores started the half well bettering 2023 sales with a 2.4 Department stores followed suit with January up 1.7

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Inside Retail

MAY 12, 2021

The HSI covers around 55 per cent of Australia’s total consumer spend across seven categories: home buying, retail, travel, education, entertainment, motor vehicles, and health and fitness. Retail sector snapshot: The year to March 2021 saw a wide range of spending patterns across different sectors of the market.

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Inside Retail

AUGUST 6, 2023

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity. The jury is out.”

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Inside Retail

FEBRUARY 20, 2023

For consumers, there is a very strong desire to get out and enjoy life. This has been good news for retail spending that is linked to social settings, such as clothing and shoes and department stores. Consumers are also feeling the heat from the strongest inflation rates seen in over 20 years. per cent in 2022.

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Inside Retail

JUNE 17, 2021

Since the pandemic hit last year and shopping patterns shifted, historical data in retail businesses has been pushed to the side, as analysts have had to quickly understand new information to cater to customers. People from the retail industry would need to change their customer experience and make it more interesting [for their consumers].”.

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Inside Retail

FEBRUARY 14, 2023

Japan’s Ministry of Economy, Trade and Industry said there were 210 department stores in Japan at the end of 2019 but attrition in the ensuing three years reduced that number to just 192 by the end of 2022. Both the Takashimaya and Tokyu stores were luxury-focused, and had been a fixture of their neighbourhoods for decades.

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Inside Retail

NOVEMBER 30, 2022

per cent increase in the number of consumers that purchased from brands powered by Shopify, with Australians ranking fourth globally in total spend. He expected that customers were eager to experience Chadstone’s in-store experience. Australian merchants using the e-commerce platform saw a 22.7 Average spend increased from $155.73

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Inside Retail

JUNE 27, 2024

They have long since been a very important part of American consumer society and while they’ve had their ups and downs, they remain a popular retail destination.” And it’s complicated by the work-from-home impact on commuting and traffic patterns. In the past, the big department stores were the main attractions.

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Inside Retail

MAY 21, 2024

Within the same year, a retail partnership with David Jones catapulted the brand’s consumer awareness much higher. “I I thought we were well-known when I opened the [pop-up] store. Going into] a department store was a powerful move for us,” Woods recalled. I absolutely knew we were going to kill it in David Jones.

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Inside Retail

FEBRUARY 27, 2023

For retailers closely watching consumer confidence levels and spending trends, getting an accurate reading about what lies ahead can be challenging. Still, many consumers are undoubtedly feeling the impact of interest rates and the rising cost of living. This has become more crucial as the economic cycle continues to shift.

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Inside Retail

MAY 21, 2024

Within the same year, a retail partnership with David Jones catapulted the brand’s consumer awareness much higher. “I I thought we were well-known when I opened the [pop-up] store. Going into] a department store was a powerful move for us,” Woods recalled. I absolutely knew we were going to kill it in David Jones.

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Boutique Fashion Expansion Department Stores 245

Inside Retail

MAY 29, 2024

The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 department stores, supermarkets, hypermarkets and specialty stores. Same-store sales have been increasing at a rate above 6 per cent and twice that at its 74 department stores.

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Inside Retail

DECEMBER 7, 2021

And gaining unique insights into consumers’ likely purchasing behaviour is now possible through the CommBank Household Spending Intentions (HSI) Index. The CommBank HSI Index uses advanced analytics to help retailers better understand consumer or household spending intentions. Covers the vast majority of household spending.

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Retail Focus

APRIL 20, 2021

With many employers pledging to adopt flexible and hybrid working models, consumers will continue spending time in their communities, and this will undoubtedly extend the local shopping trend into the foreseeable future. . Many people have fallen back in love with their communities and wish to support local shops and brands. .

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Department Stores Shopping Pattern Planning 148

Inside Retail

JUNE 29, 2022

The company has announced a partnership with ecommerce accelerator, Pattern, to expand its online business to China. Pattern will act as their trade partner, to support all aspects of its operations on Tmall Global, which is currently China’s largest cross-border online marketplace. Understanding the Chinese consumer.

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Inside Retail

JANUARY 7, 2025

The divestment of Sun Art follows Alibaba’s pattern of streamlining its offline retail holdings, with the company appearing to cut losses and refocus on its core digital businesses. Last month, the e-commerce giant was reported to sell department store Intime Retail to Chinese textile and clothing company Youngor Fashion for RMB7.4

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Inside Retail

APRIL 12, 2022

As Japan’s Aeon Mall sets out to conquer the hearts, minds and wallets of consumers in Southeast Asia, it is finding that quality rather than quantity is where the emphasis has to be. Being the dominant mall operator in a territory isn’t necessarily a matter of operating the most malls—it’s a matter of operating the best ones.

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Inside Retail

JULY 21, 2024

Sales at mall specialty stores at Aeon’s 92 malls in Japan increased by 3.1 The pattern is obvious: consumers are buying more into experiences and less into merchandise. The company reported much the same story as the department stores: sales growth was strongest in tourist locations.

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Inside Retail

SEPTEMBER 6, 2023

Retailers will need to tune in to these shifting spending patterns in the short term if they want to capture a share of Millennials’ tightening wallets. Sustainability, but at a price Macro trends pull and push consumers when it comes to how they spend their hard-earned money. But a new consumer dilemma is looming.

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Creative Displays Now

NOVEMBER 8, 2021

The structure of store design is highly influential in the customer experience. Customer flow: The way that a customer navigates a store’s aisles is the customer flow. Why Does the Layout of a Store Affect Product Sales? The following section will discuss common store layouts, along with their pros and cons.

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RetailMinded

DECEMBER 26, 2023

The backbone of retail was once built on the backs of brick-and-mortar stores but the fast rise of e-commerce broke that back. Consumer behaviors changed greatly and at an incredible pace. Factors Contributing to the Resurgence After the pandemic, consumers found a renewed interest in physical brick-and-mortar stores.

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Creative Displays Now

MARCH 8, 2022

From the moment consumers step foot in a store, they start making purchasing decisions based on what they see. Visual merchandising is a marketing practice that retailers and consumer products companies use to capture people’s attention so they’re more likely to purchase something. Visual Merchandising Explained.

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Barber Design

DECEMBER 12, 2019

Renowned for their amazing Christmas hampers the self-styled ‘Masters of Merry since 1707’, Fortnum and Mason in Piccadilly is a historic department store selling gifts, food and home ware. He also goes for a wander round in store too. Ken Potrock, president of Consumer Products, Disney). Selfridges, Oxford Street. ?

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Inside Retail

JANUARY 12, 2025

The Chemist Warehouse and Sigma merger looks to be a win-win for shareholders in both entities and a review of the proposal by the Australian Competition and Consumer Commission has determined it is not detrimental to consumers or independent pharmacies supplied by Sigmas wholesale division.

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Inside Retail

MARCH 3, 2022

You can test and learn in the Australian market, because the consumer patterns are quite similar to the US and the UK. We’ve also got the Lego store in Dreamworld, which we operate through Ardent Leisure. We’ve still managed to find ways to grow, and that’s really important for the Lego Group, globally.

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Inside Retail

DECEMBER 4, 2024

That happiness will be challenged on a number of fronts in the coming year, as events in politics, the macroeconomy, and a super-abundance of substandard retail property shape consumer spending and retailer operations. Much of the malaise has to do with Chinese consumers’ preferences shifting to the homegrown brands.

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