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Australian consumers are expected to spend a record $6.7 The American-inspired shopping event hasn’t always been embraced by Australian retailers and consumers, but with the ongoing cost-of-living crisis and cost-of-trading crisis, there seems to have been a shift in attitude. That marks an increase of 5.5
Retailers have long been obsessed with expanding their product ranges product diversification and line extension have been critical for supermarkets to keep pace with online marketplaces like Amazon. The post Analysis: Coles, Woolies’ shrinking product ranges are all about the bottom line appeared first on Inside Retail Australia.
Australian retail is evolving at pace, and consumer expectations are higher than ever. Wunderkind s 2025 Australia Consumer Insights Report provides a deep dive into whats shaping online retail this year, based on responses from 500 Australian consumers.
Last week, consumer-activist group The Peoples Union USA called for a 24-hour buying blackout of all non-essential goods on February 28, particularly from big-box retailers like Walmart , Target and Amazon. This is not the first time consumers have used boycotts as a means of protest in the US.
The high volumes of unwanted gifts and remorseful sale purchases have implications beyond the bottom line the environmental impact of emissions, repackaging and damaged goods is becoming excessive. Christmas and end-of-year sales are big business for retailers but they also drive enormous returns.
The full merger of Monki into the Weekday platform is slated for next year, covering both online and off-line retail. Earlier this year, the company quietly removed Monki’s larger sizes “due to low demand” and to cut costs, a move not well received by consumers.
With cost of living pressures remaining elevated, customer demand remained robust for low-priced consumables that represent great value, particularly branded products,” the firm said. The post New merchandise offering boosts The Reject Shop’s top line appeared first on Inside Retail Australia.
In addition, the consumer goods corporation collaborates with experienced perfumers from the UK, the US, and India to work on its global portfolio of brands. “By Earlier this month, the FMCG giant announced the sale of its Russian unit to Arnest Group, a local manufacturer of cosmetics, perfumes, and household items.
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. Front Line Worker Empowerment. Identifying opportunities for retailers . Augmented Store Experiences.
The ACCC’s lawsuit against Coles and Woolworths for allegedly misleading consumers about the price of essential products has now been spun into a class action lawsuit by the Gerard Malouf and Partners law firm. The unspoken pact is clear: Give consumers what they want at a fair price, and we’ll tolerate the massive profits you rake in.”
per cent, and with secure pathways including a partnership with CleanCo in Queensland and contracts in other states, the retailer is set to reach its renewable goal in line with the RE100. The post Amazons Michael Cooley on how a wind farm is meeting the needs of the consumer appeared first on Inside Retail Australia.
Rising operational costs, increased global competition, and shifting consumer behaviours are among the contributing factors. Shein uses advanced data analytics to predict trends and manufacture new designs with speed, while Temu’s aggressive pricing strategies have captured cost-conscious consumers.
The 15-day festival has held the title of Australias largest consumer-facing fashion week for some time, but its still kicking new goals, announcing that in 2024 it delivered over 10 per cent growth in attendance. And the team uniform, if you like, is anything that looks fabulous and anything that you feel good in, she added.
Carlos Alberini, CEO of Guess, said the results were in line with the company’s guidance. We are navigating through an uncertain shopping environment in many parts of the world impacted by geopolitical issues and lower consumer confidence,” Alberini remarked.
“It’s a stronger consumer demand and sentiment in the US than we see in Europe, and one would probably think that that’s going to continue into this year,” Pandora CEO Alexander Lacik told Reuters. The jewellery company’s earnings before interest and taxes (EBIT) rose 13.3 per cent to US$1.11 per cent to $2.9
The nations largest supermarket groups and the Australian Retailers Association leapt the the industrys defence in the wake of the Australian Competition & Consumer Commission (ACCC)s much-anticipated Supermarket Inquiry on Friday.
It is vital we give consumers the absolute best experience possible whether it is online or at retail, and we will continue to learn how best to deploy DTC across the region accordingly. PF: At Mattel, we have a deep-rooted legacy in Asia Pacific, and we view our consumers as dedicated fans.
Speaking out Consumers, government agencies and non-government organisations have been criticising Coles and Woolworths’ profits – but most recently the backlash was taken offline and in-store. ” Guy’s line of questioning continued. The post How much will the loss of consumer trust cost Coles and Woolworths? million views.
Today’s consumers are craving a truly unique shopping experience. We are only at the beginning, and as brands begin to scale their AI utilisation, its full spectrum of benefits for consumers and retailers alike will be uncovered. The post Generative AI is supercharging retail, what does this mean for consumers?
Despite tough trading conditions, many Australian and New Zealand retailers continued to invest in CX, leveraging data, technology and innovative thinking to elevate their offerings in line with consumers’ rapidly changing expectations,” said McIlvaine. ” The winners will be announced in Melbourne on February 20.
2025 marks a year of accelerated growth, with a strong focus on premiumisation, direct-to-consumer expansion, and a broader lifestyle offering beyond denim. These include the highly anticipated launch of Blue Tab, the brand’s most premium denim line yet, and a renewed focus on creating immersive retail experiences across the region.
With consumer sentiment and discretionary spend down, many retailers are already facing reduced profit margins and a higher cost of doing business, making hefty discounting for prolonged periods a particularly costly exercise. We’re pleased with the initial sales figures, which are in line with our expectations.
The main issue is that consumers are buying less coffee from Starbucks in order to save money. Offering more promotions does not seem to have worked as consumers forgo some coffee occasions or replace them with cheaper alternatives such as having a coffee at home,” Saunders said.
They add that while eco-conscious choices resonate with today’s consumers, there is more to it than recycled content alone. Retailers showcasing a commitment to sustainable practices can set themselves apart in a competitive market, appealing to the growing demographic of environmentally aware consumers.
He added the Singapore debut is expected to build momentum for future expansion into neighbouring Southeast Asian markets with a strong retail infrastructure, its cosmopolitan consumer base, and its status as a hub for innovation and lifestyle trends. Quickly understanding and adapting to local consumer behaviour is crucial,” he said.
Since launching in January 2020, Viv for your V has steadily built its direct-to-consumer (DTC) and e-commerce presence via retailers like Amazon and TikTok Shop. Katie Diasti: While I was shopping for my own period products, I felt that none of the sterile products in the aisle spoke to me as a consumer.
For the CEO of Lorna Jane, Anna Fowler, this is a demonstration that large-scale sustainability initiatives can be effectively integrated into a major product line for the benefit of brand, consumer and the planet.
In a recent Australian Competition and Consumer Commission hearing, the CEO of Woolworths cited the 6500 products across the grocery, household and personal care categories stocked in Woolworths that were now also being sold on Amazon. But brands operating outside of these categories should not be complacent.
As spending-caution remains rife among consumers, many shoppers held off making purchases in October in anticipation for Back Friday discounts, with the BRC reporting last month total retailer sales grew by just +0.6% year-on-year , significantly weaker than September’s retail revenues.
The vaping industry has seen a lot of growth over the years, driven by evolving consumer preferences, regulatory changes, and advancements in technology. By tapping into these trends, brands can better cater to consumer demands and position themselves for success.
Located on Bullrings Upper Level East, adjacent to AllSaints, Coach, and Dr Martens, the 5,500 sq ft store reflects Hammersons strategy of evolving its assets to reflect dominant consumer trends and brands focus on expanding in prime locations.
Because on one hand, consumers spent record amounts during cyber weekend last year, leading to large year-on-year growth for retail in November. Through interviews with retail leaders, we’ve continually heard that many brands participate in these sales reluctantly, acknowledging they train consumers to shop early and demand big discounts.
“One of the things that Coach does particularly well is to infuse new product innovation alongside its line-up of heritage and traditional designs. This allows the brand to eke out sales growth even in a more challenging luxury market where consumers are a little more reluctant to spend,” he continued. per cent revenue decline.
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. So as the going got tough, what did retailers learn?
This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. However, outside of this committee, there has been a publicised difference in opinion across political lines.
With the festive season just around the corner, retailers and consumers alike are gearing up for the biggest shopping period of the year. Retailers can incorporate these elements into customisable products like home dcor, clothing, or even stationery to appeal to the growing number of eco-conscious consumers.
The new more prominent location, served by eight underground lines including the Elizabeth Line, will bolster Holland & Barretts customer reach through enhanced connectivity in line with its strategy to increase its presence across one of the UKs most iconic shopping destinations.
With brands having to work harder than ever to maintain attention, loyalty and consumer spend, powering authenticity with imagination – have driven impressive commercial results through dynamic retail design. So, what can we expect in 2025 and how can Checkland Kindleysides help retailers?
some has implemented a cross-border online and offline membership system, allowing consumers to earn and redeem points across different countries. some identified Malaysia as its next key market, driven by the countrys young consumer base and thriving retail environment. somes market coverage and reach more consumer groups.
During the financial year, the company focused on launching the SmoothFit women’s line to expand its women’s offerings. Its women’s line now accounts for 14 per cent of its revenue, up from 12 per cent in the prior year. The underwear retailer’s net profit soared 43.9 per cent to $12.4 per cent to $84.5
Australian consumers are set to spend $8.8 The Australian Retail Association (ARA) forecasts 52 per cent of consumers shopping mid-season sales will be doing so online. ARA CEO Paul Zahra is encouraging consumers to head into the CBD for their mid-year sales shopping and support businesses impacted by low levels of foot traffic.
Neil Saunders, MD of GlobalData, said the moderate growth was in line with expectations given the general trend in the luxury market. “In per cent, the retail segment – which includes all the sales made direct to consumers in-store and online – grew 5.8 per cent as slower economies in some markets dampened consumer spending.
Monitor emerging platforms to stay ahead of shifts in consumer behaviour. Reinvent the in-store experience Physical stores must offer: Immersive experiences using AR/VR technology to blur the lines between online and offline shopping. Engage in meaningful dialogues with consumers to foster loyalty and trust.
According to data provided by Adobe Analytics, online Black Friday shopping in the US hit new heights in 2024, with consumers spending a record US$10.8 To put these numbers into perspective, that is more than double what US consumers spent online on Black Friday 2017, which drove US$5.03 billion online on Friday, up 10.2
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