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Rebounding from the lasting impacts of Covid, including reduced government subsidies and heightened operational costs, the brand is recalibrating its strategy. Strategic shifts G-Star appears intent on crafting a seamless and thoughtful reintroduction to Australian consumers. The companys relaunch strategy is a studied one.
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. Here are three key strategies Adidas is using to keep its stock in check. This year, the challenge remains just as pressing.
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 Reject Shop’s low-cost operations combined with the ongoing success of its merchandisestrategy 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.
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.
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.
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. We’re not in the business of going to court, Gransbury said.
While the brand’s designs were considered bold and lively by Gen X and older Gen Y consumers, also known as Millennials, the brand didn’t strike the same chord with younger Gen Y customers. We are prudently planning the second half through a more conservative lens, as we expect the trends we’ve seen in both brands to continue.
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.
As a consumer, I wanted something that spoke to me pieces that felt timeless and enduring, yet were modern and easy to wear. Up until now, our [direct-to-consumer] DTC [offering] has been exclusively digital, so it felt like the right moment to meet customers in person and engage with them directly. And was this intentional?
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.
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.
Flying Tigers expansion strategy is rapid; it plans to have a footprint of 50 stores across Australia in the next five years. 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.
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
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.
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
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. Identifying opportunities for retailers . Branded Virtual Products.
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.
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.
After Nasard and Engelbert joined the Swarovski squad, the team worked quickly on executing an updated merchandisingstrategy, dubbed LUXignite. This is a core element of our LUXignite strategy, which is designed to consolidate Swarovski’s position in the luxury segment and expand its presence in the fine jewellery market.”
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.
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.
Over the last year to seven years, however, these brands have launched impressive comeback strategies, bringing them back onto consumers radars. Since Dicksons debut at the company, however, Gap brands have adopted more focused and intentional strategies for assortment, discounting and pricing.
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.
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. What is about this industry that drives you?
If you’re looking for an excellent opportunity to boost your sales and gain brand recognition, seasonal merchandising is one of the best ways to do it. So, what is seasonal merchandise, and how can you execute a seasonality strategy effectively? What Is Seasonal Merchandising?
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.
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 ?
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?
The rise of the singles economy appears to be a long-term phenomenon, Damien Yeo, consumer and retail analyst at BMI told Inside Retail. The sectors brands and companies are beginning to develop strategies and initiatives tailored to the one-person economy. Retail is one of the markets most affected by the solo economy.
Others, like CI&Ts director of retail strategy Melissa Minkow, are a bit more optimistic about Forever 21s future. There needs to be a consistent pricing for quality strategy that warrants the spend, she said. Some retail experts like Saunders are doubtful about the retailers ability to recover its former status.
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.
Fashion label General Pants is set to expand to 65 stores across Australia and New Zealand as part of its growth strategy to focus on Gen Z and millennial consumers. In 2019, the business completed a comprehensive reset of our forward strategy and despite the challenges of Covid-19,” Sacha Laing, CEO at General Pants Co.
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.
There has to be a reason that resonates with the consumer to make them want to make a purchase and ultimately want to continue to have loyalty to your brand and be a part of it. You need to totally build the shopping experience from the consumer backwards. But at the end of the day, its the people who buy the product, right?
A groundbreaking, soon-to-be-published market insight report by Resonate CX unveils the pain points, drivers and preferences of these two consumer groups in Australia. The increased cost of living and soaring interest rates have caused consumers to think twice before opening their wallets. Good value.
Established in 2005 by husband-and-wife team Wez and Eirin Bryett, the Gold Coast brand sells on-trend women’s clothing for predominantly Gen Z consumers. Australian fast-fashion brand Princess Polly has expanded in the US opening a flagship store in Los Angeles.
Understanding an international audience After a less-than-successful showcase at a trade show in New York in 2015, the company realised it needed to diversify its merchandise for its global customers. But what is behind the US consumers love for this Brazilian brand? The term is used to refer to a native inhabitant of Rio de Janeiro.
Strategies like this have become commonplace in the fast food sector, as restaurants seek to generate publicity and drive sales by rolling out outrageous gastronomic creations that they hope will become viral sensations. It retailed for around $3, and many people took to TikTok to post videos of trying the new creation.
I wouldnt call it a massive issue at The Iconic, I think, in general, returns are a big element of an e-commerce strategy. What are the external-facing benefits to the consumer of implementing this OWMS? What does it look like, and how will this be a key pillar of the businesss strategy moving forward? What is it?
Amid a cost-of-living crisis, Australian consumers are seeking value in their purchases, creating an opportunity for private-label brands to emerge as significant players in the retail industry. So how can retailers capitalise on this consumer shift – and be sure of success? Our industry is now cutting edge in category after category.”
This article delves into the psychological effects of the Olympics, explores how they influence consumer behaviour and provides insights into what retailers can do to capture and extend the positive sentiments the 2024 Olympic Games in Paris will generate. Brands that embraced digital strategies generated increased engagement and sales.
From the moment consumers step foot in a store, they start making purchasing decisions based on what they see. Using these elements to bring attention to your brand is called visual merchandising. It’s a crucial strategy to make your products stand out in a competitive retail space. Visual Merchandising Explained.
Any retailer worth its salt understands that consumers’ shopping behaviour varies across different age demographics. The data indicated a strong correlation between age and the type of shopping centers that consumers visit.
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