Inside Retail

JANUARY 18, 2024

Retail sales in the US soared 0.6 On a year-on-year basis, US retail sales were up 5.6 On a year-on-year basis, US retail sales were up 5.6 For 2023, unadjusted retail sales increased 3.2 Food and grocery stores posted sales growth of 1.0 per cent increase. per cent in December.

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Inside Retail

JULY 18, 2024

Significant market trends are impacting retail businesses today – the migration of consumers online, supply-chain challenges and the cost-of-living crisis to name just a few – but there is a more obvious reason many retailers are struggling.

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Inside Retail

OCTOBER 22, 2024

Timing is everything and knowing when to launch in a new market can make or break a brand’s success in a new region. US-based teen skincare brand Bubble burst into Australia’s beauty scene this month through a partnership with Priceline and is reportedly already one of the pharmacy retailer’s top-selling brands.

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Inside Retail

AUGUST 29, 2022

Australian retail sales reached a record high in the last three months of 2021. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales. Retail sales in NSW & Victoria rose by 15.3 What are the implications of the strong retail sales data?

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Inside Retail

JUNE 19, 2022

The quarterly Deloitte Access Economics’ Retail Forecasts finds that – based on trend analysis – real retail spending during the quarter to March 31 ran 6.2 per cent ahead of what might have been expected had Covid-19 not disrupted markets from early 2020. He expects retail sales by volume will increase by an average of only 1.1

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Inside Retail

NOVEMBER 19, 2024

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. Consumer Price Index, Australia. Read the analysis here.

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Inside Retail

MAY 9, 2023

According to Colliers’ research, Australian consumers have spent 27 per cent on dining and restaurant services in the year’s first quarter. The luxury retail market also expects spending to increase through 2027, up 5.4 million of the population. per cent annually, mainly by the same category.

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Inside Retail

SEPTEMBER 19, 2023

Leading market research firm Euromonitor International has just unveiled its 2023 rankings for the Top 10 fastest growing and biggest retailers in Asia Pacific, with Indonesia’s GoTo stealing the spotlight. Meanwhile, Chinese e-commerce behemoth Alibaba reigned supreme with a retail value close to half a trillion U.S.

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Retail Bound

MAY 9, 2023

Influencer marketing is a form of marketing where businesses partner with social media influencers to promote their products or services. Retail-specific influencers play a significant role in promoting products and driving sales for brands at specific retailers.

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Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. It was valued at $3.8

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . per cent of retail spending in the country during the last financial year, e-commerce’s share of wallet is significant. . Representing 19.3 Desktop and tablet.

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Inside Retail

MAY 2, 2022

Asia Pacific’s airport retail market is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations.

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Inside Retail

NOVEMBER 7, 2022

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. It’s clear that the region holds a lot of potential for online retailers and brands, but navigating the plethora of sales events is easier said than done.

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Inside Retail

DECEMBER 10, 2023

But we’ve learned in recent years from the growth of Black Friday sales, that in more and more categories, you don’t have to give up convenience to get the best price. Especially for consumer durables, the organised shopper can have their preferred (low) price and get it delivered to the door too. per cent compared to last year.

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Inside Retail

SEPTEMBER 14, 2023

The luxury retail landscape in India has long posed a formidable challenge for international brands. With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. times by 2030, reaching a staggering US$300 billion.

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Inside Retail

SEPTEMBER 26, 2024

Many Australians have lost trust in supermarket pricing, with more consumers now comparing prices between stores before making a purchase. “Many consumers have told us that they are losing trust in the sale price claims by supermarkets,” said Mick Keogh, ACCC deputy chair.

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Fashion Retail

MARCH 18, 2024

Continuing the series of conversations with RBC Capital Markets, a collaboration which began several years ago, this time revolves around discussions on the market situation in Spain, its characteristics regarding retail sales costs, as well as variations in consumer behavior in Europe and Spain, pre-owned market outlook, among other topics.

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Inside Retail

OCTOBER 28, 2024

The company has posted a sales increase of 11.3 The odd one out Last week, LVMH reported a 3 per cent fall in sales for the third quarter, which the company attributed to China’s weak consumer confidence. Its rival Kering Group, also saw sales dipping 15 per cent to €3.79 Meanwhile, European sales climbed 15.9

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Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21

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Retail Bound

JANUARY 6, 2021

With an innovative marketing strategy, a business can improve brand recall leading to more customer loyalty and increased sales. Influencing marketing is one of the innovative strategies that brands have been using to reach and engage their customers. The post Influencer Marketing – good or bad for your retail sales?

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Retail Bound

NOVEMBER 28, 2023

In this blog, we’ll explore how product videos can benefit retail sales and why they should be an integral part of any brand’s marketing strategy. This, in turn, can help to increase customer loyalty and drive repeat sales. Ready to take your retail sales to the next level?

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Inside Retail

MAY 30, 2021

While e-commerce adoption skyrocketed all around the world at the peak of the pandemic, perhaps more interesting was the rate at which older consumers embraced online retail. Globally, Asia dominates the e-commerce universe, accounting for over 50 per cent of all retail sales.

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Inside Retail

NOVEMBER 13, 2024

Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. The emergence of consumer-facing fashion events including PayPal Melbourne Fashion Festival and Melbourne Fashion Week has led some to question the relevance of a closed industry-only event.

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Inside Retail

OCTOBER 11, 2021

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. billion in online sales.

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Inside Retail

NOVEMBER 18, 2021

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. trillion Chinese consumers spent in 2019. trillion, and the US$5.6 personal care. ? home, mother and infant. ?

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Inside Retail

NOVEMBER 11, 2021

We are witnessing rapid growth in direct-to-consumer (D2C) sales by brands. Prominent examples include PepsiCo, which has launched two direct-to-consumer websites selling pantry staples and snacks, and Heinz, which now sells bundles of products from its “Heinz to Home” websites in several countries including Australia.

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Retail Focus

APRIL 9, 2021

The struggles of the UK high street and the acceleration of retail sales from ‘bricks to clicks’ have never been more apparent than during the Covid-19 pandemic. With e-commerce sales reaching 21.8% Jon Walkington, Retail and System Integrator Sales Director, Schoeller Allibert UK.

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Inside Retail

NOVEMBER 13, 2024

With retail sales declining for four consecutive months as consumers cut down spending, Raffles City is now implementing a strategic shift to increase footfall, adapting to the changing market dynamics. There has been a steady increase in footfall, especially with younger consumers after its rejuvenation.

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Inside Retail

AUGUST 4, 2024

Amazon.com reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending shares down nearly 8 per cent. The after-hours stock drop came despite second-quarter profit and cloud computing sales that beat analyst estimates. billion to US$158.5

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Inside Retail

OCTOBER 2, 2024

“It is quite the milestone, it does mean we’ve officially taken the designer crown of being the longest-running consumer fashion event in Australia,” Matthew Flinn, MFW senior manager, told Inside Retail. Since 2020, MFW has delivered $80 million in economic impact for the city of Melbourne.

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Inside Retail

APRIL 21, 2024

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively.

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Inside Retail

AUGUST 27, 2024

As established luxury brands navigate complex market dynamics, emerging niche luxury labels are witnessing a notable uptick in consumer engagement and market presence. The Singapore luxury market is no exception. However, they are more discerning in their choices, expecting more elevated propositions and services.”

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RetailMinded

JUNE 16, 2021

A retail business has a fair share of rewards and challenges. Consumer needs are rapidly changing, especially in this pandemic crisis. You should always prepare for the worst because you won’t likely hit sales in all seasons without a solid sales and marketing plan and continuous sales monitoring.

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 She said that consumers are already making cuts. Rising interest rates hits consumer and business confidence.

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Inside Retail

OCTOBER 5, 2023

With the big two dominating the retail landscape with 65 per cent of the retail market, most consumers have limited choice when it comes to buying groceries. As consumers are feeling price-stressed and inflation hits our pockets, there are increasing questions as to whether they really have our best interests at heart.

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Inside Retail

NOVEMBER 4, 2024

Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? Its continuing stagnation in key operating metrics on a year-over-year basis, despite rising retail sales and a sound economy, is concerning. per cent in the first nine months of the year.

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Inside Retail

OCTOBER 31, 2024

The e-commerce giant has seen its market share erode in apparel as Shein and Temu quickly expanded in international markets with US$12 dresses and US$10 gadgets. Shein and Temu have specialised in offering dresses, accessories and gadgets “that the consumer is less time-sensitive about,” he said.

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