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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.
“As a result, some are visiting less often and I think today’s results tell that same story,” he said in an announcement, adding the company needs to fundamentally change its recent strategy to be able to improve its performance. The main issue is that consumers are buying less coffee from Starbucks in order to save money.
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.
However, as AI-powered platform Blue Yonder’s Brett Egglestone, senior director – retail industry strategy, advises, it does not matter what time of the year it is: your customers always expect the same level of service. Blue Yonder has identified five common challenges to cover in your peak season strategy… 1.
Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? The sale of inventory properties (shophouses) that had anchored revenue growth in preceding quarters has now run dry, which accounts for the crash on the top- and bottom lines. What can Vincom do?
While sales might be up for brands that adopt a high/low pricing strategy like JB HiFi, their bottom line isn’t looking so rosy. Meanwhile, over at Wesfarmers Group – the home of EDLP mainstays Kmart and Officeworks – sales are flat but the bottom line isn’t doing too badly considering. The endorsement of EDLP is pretty clear.
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 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.”
At Microsoft, we break down the metaverse i nto three strategies: consumer, enterprise, and industrial. Each strategy unlocks specific use cases, as an effective way for retailers to identify where the metaverse can have an impact. . Consumer metaverse. Front Line Worker Empowerment. Augmented Store Experiences.
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.
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. IR: How does Mattel plan to tailor its retail strategy to the diverse markets within Asia Pacific?
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.
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.
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.
In the era of direct-to-consumer, social commerce, performance marketing and marketplace plays, you’d be forgiven for thinking that apps belong in 2011. However, according to Accenture’s 9th wave of Covid consumer research, two in three consumers continue to use brand apps for ordering.
The brand has aptly named its environmental, social and governance (ESG) strategy in accordance: We are citizens. Recently the brand announced as part of its ESG strategy and its broader preferred fibre program that it would be expanding its use of recycled polyester and nylon by integrating them into its active essential range.
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.
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.
So as more and more retailers integrate the benefits of AI into their growth strategy, what will be next for this transformative technology? Today’s consumers are craving a truly unique shopping experience. The post Generative AI is supercharging retail, what does this mean for consumers? And how will it shape the way we shop?
Because on one hand, consumers spent record amounts during cyber weekend last year, leading to large year-on-year growth for retail in November. We’ve been studying retailer strategies and sentiment towards pre-Christmas mega sales – Black Friday, Cyber Monday, Singles Day etc. Well, strategy matters. This is natural.
Business model and strategy The company offers products across 15 categories, including trendy toys, beauty products, stationery and snacks, with exclusive regional distribution rights for some items. some identified Malaysia as its next key market, driven by the countrys young consumer base and thriving retail environment.
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.
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.
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?
The retail industry is in a stir with the sportswear giant Nikes recent announcement that it will partner with Kim Kardashians activewear brand Skims to release a new line of activewear for women dubbed NikeSkims. Hill was Nikes former president of consumer and marketplace, who retired four years ago after 32 years with the company.
In October 2023, the retailer inked a deal with Shein to design, manufacture and distribute a line of Forever 21 products, seemingly taking the adage if you cant beat them, join them to heart. Others, like CI&Ts director of retail strategy Melissa Minkow, are a bit more optimistic about Forever 21s future.
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.
Five years after launching into the market with its hero product, a true-blue fitted t-shirt, the brand now operates 9 brick-and-mortar stores, alongside thriving direct-to-consumer and wholesale operations. IR : What strategies, from merchandising to marketing and more, does True Classic incorporate to stay ahead in this market?
Caledonia Park achieved record-breaking performance in 2024, with total sales surpassing 2023 levels and footfall up 8%, underlining the impact of its targeted leasing strategy tailored to evolving consumer demands. Black Friday weekend was particularly successful for the scheme, with a 19.1%
“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.
Consumers are increasingly seeking out brands that align with their personal values. With increasing geo-political instability, cost of living stress and growing anxiety, it makes sense consumers are orienting towards organisations and brands that ensure value for money. Yes, even on the bottom line. Ashling Withers explains.
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?
per cent year-on-year to $1.062 billion, with direct-to-consumer sales growing 4.4 “We have sharpened our strategy around HeyDude as we work to create higher brand relevance through our product and marketing initiatives,” said CEO Andrew Rees. On the bottom line, Crocs’ net income increased to $199.8
Bonds and Lvly have partnered to celebrate love in all forms this Valentines Day and are encouraging consumers to think small; with everyday gestures not extravagant proclamations of love. Inside Retail : What is Lvly’s marketing strategy around Valentine’s Day 2025?
The company offers a diverse product line including activewear, casualwear, and underwear, designed for style-conscious modern men seeking quality and affordability. This international expansion strategy will enable us to refine our brand’s global appeal and gauge demand across diverse regions,” he explained.
Cost-of-living has gone from crunch to crisis and with this new economic reality has come new consumer behaviours. By identifying new trends in how consumers are making purchase decisions around promotional discounts and impulse purchases, retailers can meet the consumer where their budget is and potentially bend it.
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.
Monitor emerging platforms to stay ahead of shifts in consumer behaviour. Rare Beauty, launched by Selena Gomez in 2020, swiftly built traction among Gen Z by blending influencer collaborations, authentic storytelling, and platform-specific content strategies. Engage in meaningful dialogues with consumers to foster loyalty and trust.
They have all successfully tapped into the power of pop culture to keep hold of the increasingly fleeting attention of the millennial and Gen Z consumer. However, just because a collaboration is unique, or even a little weird, depending on the consumers perspective, doesnt ensure that it will be popular or profitable.
Inside Retail spoke to Balázs Krizsanyik, GM of Desigual Asia Pacific, and Tim O’Rourke, national sales and managing director at O’Rourke Showroom, to learn more about the brand’s local strategy for the Australian market and its expansion strategy globally. IR: Could you elaborate more on the expansion strategies in this market?
This can be seen with the cult-like following that hair care brands like Bread and Ouai have earned and the introduction of celebrity hair care lines including Beyoncé’s Cécred and Jennifer Aniston’s LolaVie. Hair care, previously the step-sister to makeup and skincare, is starting to take centre stage as a major beauty category.
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. We are now well past the time when consumers went to a single place to source information about a product they were thinking about buying. This logic extends into the store.
This will bring the world’s most popular browser in line with Apple’s Safari browser. Business as usual Indeed, many retailers have been preparing for the ‘death of cookies’ for years by amping up their first-party data strategies, and Baartse believes businesses should continue to do so.
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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