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How Global Bunjang taps into the secondhand K-pop merchandise boom

Inside Retail

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.

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The Reject Shop sales increase, consumers favour low-priced consumables

Inside Retail

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

Consumer 246
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How Amazon plans to disrupt the grocery sector by merging choice and convenience

Inside Retail

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. Think about it, there are more products than ever competing for a place in your shopping cart, and more brands at more price points to consider,” he added.

Planning 245
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How The Reject Shop’s merchandise strategy adapted to the cost-of-living crisis

Inside Retail

Much like the broader retail industry, The Reject Shop is facing inflationary pressures but it remains focused on its mission to provide value to its customers. “By By shopping with us, customers save money,” Amy Eshuys, The Reject Shop’s chief operating officer, told Inside Retail. “We

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New merchandise offering boosts The Reject Shop’s top line

Inside Retail

Discount variety retailer The Reject Shop has reported sales of $458.3 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. million for the first half of FY24, a 4.2 million more customer transactions versus last year.

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Ulta, Skims execs discuss keeping up with consumers at Shoptalk Fall day three

Inside Retail

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. Double down on the thing that makes it [the in-store shopping experience] special,” Renslow stated.

Consumer 130
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How generational differences shape US shopping habits: Coresight Research

Inside Retail

Any retailer worth its salt understands that consumersshopping behaviour varies across different age demographics. Coresight also revealed several large behavioural differences between these cohorts, ranging from their perspectives on personal financial and economic conditions to the retailers they prefer to shop with.

Shopping 130