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At opposite ends of the political spectrum, the National Party and the Greens both argued that divestment provisions should be incorporated into federal competition laws to ensure fair trading with suppliers and consumers. Breaking up is hard to do The first report critical of the supermarket sector was released in January 2024.
The international success of prominent K-pop artists such as BTS, Blackpink, and Stray Kids has catalysed unprecedented levels of consumer engagement, resulting in expanded market opportunities for merchandising. As the K-pop industry continues to boom, merchandising has become increasingly lucrative.
The Visual Merchandising and Display Awards are now open for entries, marking their 30th anniversary in 2025. Industry Recognition and Prestige The VM & Display Awards are considered the gold standard in the visual merchandising and display sector, offering unparalleled recognition in the industry.
The Visual Merchandising and Display Show returns to London on 9th and 10th April 2025 , offering a two-day showcase of the latest innovations, trends, and solutions for retail professionals. One of the highlights of the Visual Merchandising and Display Show is its expertly curated seminar programme.
Woolworths Group will not be selling any Australia Day-themed merchandise this year due to a decline in demand for such products and a shift in cultural sensitivity. Meanwhile, Coles has stated that it will continue to sell Australia Day merchandise. “Australians should boycott Woolworths,” said Dutton.
Strategic shifts G-Star appears intent on crafting a seamless and thoughtful reintroduction to Australian consumers. This cautious approach was deliberate, providing ample time to understand the subtle shifts in consumer behaviour post-pandemic. Good Products & Co is the distributor of G-Star Raw in Australia and New Zealand.
The Reject Shop’s low-cost operations combined with the ongoing success of its merchandise strategy are intended to set the retailer up for success despite macroeconomic conditions. This is done through our consumables business where we offer best in market prices on nationally branded products,” shared Eshuys. “Our
The company said the growth was driven by an increase in customer transactions and units per basket, which it attributed to a new and improved merchandise offering. Meanwhile, general merchandise sales were down, with planned lower average selling prices largely offset by strong unit volume growth. EBIT for the half was $19.4
Another way Ulta Beauty uses technology to enhance the customer experience is by investing in educational video content from beauty brands to enhance the store associate’s ability to educate the consumer about a product.
It all adds up to a nasty bite to the pocketbook of consumers everywhere who are looking to shower one of the worlds favourite romantic gifts on their loved ones. Consumer confidence is weak and getting worse. In Japan, as usual, the retailers think of ingenious ways of getting around it. Sales for drugstores increased by 6.9
Discount retailer The Reject Shop says consumers are gravitating towards low-priced consumables due to inflation. The business says consumers prefer “non-discretionary low-priced consumables” ahead of more discretionary products as general merchandise sales were softer than normal. per cent to $439.7 million, up 7.8
Mark your calendars for the 16-17 April 2024, as the Visual Merchandising and Display Show returns to the Business Design Centre in London. The Visual Merchandising and Display Show: At the heart of the industry Taking place in the heart of London, the Business Design Centre will be filled with a cornucopia of industry experts.
KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent and 21.5
Our merchandise team is focused on creating curated ranges that align back to global trends, enabling us to provide our customers with great products at the lowest possible price, a Kmart spokesperson told Inside Retail.
When you think about the types of businesses millennials and Gen Z consumers frequent, apparel or beauty brands may come to mind first, but what about home goods? Research shows that millennials make up an increasingly large part of the consumer base for home goods and furnishings, which includes products ranging from bedspreads to furniture.
KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent year over year to $434.2
Retailers have been using visual merchandising and props to draw in customers for as long as shops have been open. Of course, things have moved on a little from the early days of simple displays, with retailers now having a whole arsenal of tools at their disposal to not only bring in more consumers, but also improve their overall experience.
After closing its first direct-to-consumer (DTC) store in Australia in the Sydney suburb of Woollahra, the brand initially planned to open a boutique in Bondi Beach. Coming to the consumer Ecoya has a strong online business partially attributed to its loyal following.
The 52-year-old omnichannel brand sells a range of merchandise primarily in the home and baby markets such as decorative homeware and lifestyle goods, accessories and textiles. If there is a single point of failure of Bed Bath and Beyond, it’s that the company stopped being relevant to consumers.
The design-led variety retailer is looking to offer Australian consumers an entirely new shopping experience and fill a gap in the market with its sustainable, affordable and playful designs. We’re hopeful that we’ll be able to help to alleviate some of that the consumers are dealing with.
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. The post What the metaverse means for retail and consumer goods appeared first on Inside Retail.
Retailers have been using visual merchandising to appeal to and connect with shoppers for many years now. Be this simply placing items from a new range of clothes on a group of mannequins or coming up with a creative and colourful window display to draw in those passing by, visual merchandising plays a key role in many retail strategies.
We have over a billion active consumers on our platform and around 800 million of those are in China. Lloyd said with those figures, global businesses should look for ways to attract the Chinese consumer. According to Lloyd, 10 per cent of the total e-commerce gross merchandise volume in China is generated by livestreaming.
A stagnant industry There has been significant innovation in the food and grocery retail supply chain yet it has rarely been deployed to revolutionise how everyday consumers shop. This is how Amazon plans to deliver choice and convenience to consumers without compromising on speed or value.
billion in gross merchandise volume (total spend before fees, discounts and returns) up from $4.5 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.
While retailers may wish to be exempt from the national Australia Day debat, a simple open or closed sign or decision to stock Australian flag merchandise says it all. Taking collective action The retail industry continues to make headlines around January 26 annually, as consumers look to them to mirror the social temperature.
As supply chains grow more complex and consumer expectations shift, maintaining the right inventory balance is becoming increasingly difficult and the cost of getting it wrong is high. Last year, retailers worldwide grappled with stockouts, overstocking, and shrinkage. This year, the challenge remains just as pressing.
. “Super Retail Group delivered solid first-half sales growth of four per cent a pleasing outcome considering the challenging consumer conditions throughout the period, especially in New Zealand,” said Anthony Heraghty, Super Retail Group MD and CEO. These efforts drove accelerated growth in the second quarter at BCF and Rebel.”
Consumer interest in retail third spaces American apparel and accessories brand Coach recently opened a Coach Coffee Shop within the Jersey Shore Premium Outlets. However, as Gray pointed out, there has been growing interest in unique third spaces where consumers can chat with one another while browsing for unique concept-related merchandise.
Traces of banned Chinese cotton were found in 19 per cent of a sample of merchandise selling at US and global retailers in the past year, a study showed, highlighting the challenges of complying with the US law aimed at blocking imports of cotton linked to forced labour in China.
When Becca Millstein and Caroline Goldfarb launched tinned fish brand Fishwife back in December 2020, few could have predicted how the consumer packaged goods brand would blow up. I wanted to create something that combined high-quality, sustainably sourced seafood with fun, vibrant branding that would appeal to consumers here.
Retail merchandising plays a pivotal role in the retail sector, dictating how products are showcased and sold both in physical stores and online. For students interested in a career in fashion and retail, understanding what is merchandising in retail can provide a competitive edge in this dynamic field. What is Retail Merchandising ?
Sensormatic Solutions , the global retail solutions portfolio of Johnson Controls , today showcases a new, sustainable Acousto-Magnetic (AM) label designed to protect merchandise and the planet: the Sustainable SPX AM Label. request meeting visit the Sensormatic Solutions scheduling page.
After Nasard and Engelbert joined the Swarovski squad, the team worked quickly on executing an updated merchandising strategy, dubbed LUXignite. Swarovski has had to navigate appealing to younger audiences who may be less familiar with them, so this is a perfect tie-in for a younger consumer.” Can Swarovski sustain this growth?
China’s largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country’s economic woes. Last year, cumulative gross merchandising volume (GMV) sales across major e-commerce platforms rose 2 per cent to 1.14
Despite low consumer sentiment and discount fatigue, Chinese spending during the country’s biggest shopping event doesn’t seem to be all doom and gloom. Many consumers are focusing more on stocking up on everyday items like dry shampoo, toothpaste, and tissue paper, according to Dudarenok.
Since joining H&M in 2014, Li has worked her way through several different roles at the Swedish-born accessories and apparel brand, including merchandising, store development and e-commerce, to her job as head of customer activation and marketing for H&M Americas. Professionally, that is something that I just really enjoy as well.
The event spotlights more than 30 local artists who will display their work through retail merchandise at Artbox’s first convenience store, artistic installations on the Artbox Express, and creative features like the oversized chess pieces at Aliwal Chess Club at the Estate.
The 2024 Visual Merchandising and Display Show, hosted on April 16-17 at the Business Design Centre in London, provided a comprehensive look at the future of engaging retail spaces through innovative design and display. A key feature of the event was the comprehensive seminar and workshop schedule, within the newly introduced POPAI Zone.
It’s that time of the year again when Pinterest predicts the themes that will dominate shopping habits and consumer behaviour. While the app uses a lot of buzzwords to name and describe the emerging trends, its data collected from users gives retailers a unique insight into the minds of consumers.
The rise of the singles economy appears to be a long-term phenomenon, Damien Yeo, consumer and retail analyst at BMI told Inside Retail. Bautista said that, for consumer goods, there is a clear emphasis on solo-friendly packaging design, premium single-serve offerings, and smart portion control.
Nordstrom has been one of the weakest performers in the department store space, Saunders continued, adding that many adjustments are needed to fix recent missteps with merchandising, operations and store standards.
The formula is simple: take functional everyday items, redesign them imaginatively with eye-catching colour, texture and packaging, price them accessibly, showcase them with immaculate visual merchandising and make the shopping experience fun, and watch the customers come in droves. In just about every way, Oh!some
DP: I’ve worked in all aspects of fashion and retail, from operations to wholesale and from merchandising to retail. Each day, I find myself more enamoured with the essence of Paul Smith and our challenge now is to effectively communicate the beauty and authenticity of this brand to North American consumers. That’s timeless.
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