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For many retailers, these platforms have grown to consume the whole marketing funnel and their templated options have become the default. Brands are outsourcing too much of their strategy to automation, forgetting that while AI can optimise, it cant replace fundamental marketing strategy (yet), he added.
Adore Beauty plans to expand its national retail store network over the next three years to accelerate its omnichannel growth. The company is targeting the opening of more than 25 stores as part of its three-year strategy, which was announced at its annual meeting in Melbourne. For the last fiscal year, Adore Beauty posted a 7.4
However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. This is how Amazon plans to deliver choice and convenience to consumers without compromising on speed or value.
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The season also marked the continuation of trends first seen during Black Friday and Cyber Monday sales, with Black Friday setting the tone for a practical and planned-out festive period. Early promotions captured a significant share of the festive budget, allowing consumers to plan purchases while taking advantage of discounts.
As we approach the busiest time in the retail calendar year, one question looms: How can retailers revive sales in a landscape of unstable inflation and changing consumer habits? The latest Consumer Price Index (CPI) figures show inflation has fallen to within the RBA’s target band at 2.8 per cent – the lowest in 3.5
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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.
billion investment in its omnichannel strategy. Building a more accessible Ikea Olson told Inside Retail that one of the companys main priorities right now is to create accessibility for American consumers across the US. Recently, Ikea has been seeing major gains in its US business, increasing its market share by 13.6
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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.
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?
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We recently spoke with CEO Craig King about his strategies for navigating economic challenges, the role of physical stores and tips for driving international growth in 2025. How did the macroeconomic environment affect Ksubi in 2024, and what strategies did you deploy in response? Are you looking to grow, solidify, invest or cash up?
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This expansion marks the beginning of a significant 10-year investment plan, with the US fast-food chain committing US$75 million to the venture. IR : What strategic adaptations, if any, will the brand make to cater to Asian consumers’ tastes and preferences? Further reading, How Yum China’s growth strategy is paying off.
We have plans to roll out these features and customer experiences in different Asian countries.” International retailers like H&M are not just competing with local brands, but are also navigating complex cultural nuances and rapidly evolving consumer preferences. “It’s “We have ambitious plans for Asia.
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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.
A shift in Chinese retailers’ strategy toward lower-priced goods and services to win cost-conscious consumers risks embedding the country’s recent deflationary trends more permanently into the world’s second-largest economy. This stands to create more headwinds for China’s stuttering post-Covid recovery.
The fast-casual restaurant sector has experienced a notable rise in Australia, driven by shifting consumer preferences towards high-quality, convenient and affordable dining options. On April 17, the brand plans to open its seventh location in Sydney’s Rouse Hill. However, we also offer consumers quality produce.
Two dedicated sessions delved into analyses from international investors, highlighting their views and strategies in an evolving environment. Investors are returning to the market with growing volumes, particularly in Southeast Europe and the UK, adopting an opportunistic strategy centred around winning concepts.
Supermarket chain Aldi has dropped its plan to expand into online shopping believing it might affect its ability to continue providing low-cost products for customers. Lack stressed that the company prioritises value over convenience as price plays a great importance to consumers.
Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. Expansion through conversion Silly Solly’s is looking for conversions in its growth strategy and is targeting other discount stores whose owners want to be part of a bigger buying arrangement.
It will help offset the electricity consumed by Amazons local operations while benefitting other energy users, including local businesses, community services and households. IR : Could you share how Amazon plans to integrate renewable energy into your retail supply chain, especially as you expand in Australia?
There is also subdued consumer sentiment and the rising cost of doing business. It aims to entrench itself as a lifestyle brand renowned for delivering affordable discretionary luxury to its consumers year-round. That comes down to our strategy, it’s multifaceted, not a one-dimensional approach.”
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. Retail Detail reports that H&M has long been planning to merge Monki with Weekday, as both brands appeal to young people but apparently can no longer make it on their own.
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The plans were revealed along with the group’s annual result which saw a $33.5 The group’s shift towards big-box retailing – and away from higher-rent, smaller-format stores had aided the turnaround and was the basis of what the retailer calls its ‘Big strategy’. The new ones in planning will be located largely in regional areas.
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.
In April 2024, it announced it planned to invest $490 million in opening two new fulfilment centres in Horsley Park, Western Sydney, with one to open later in 2025 and the other by 2026. We need to integrate our core presence with strategies to cut through on the digital shelf and this is where promotion plays a vital role.
Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.
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As a result, many consumers are expected to postpone discretionary purchases until peak season, where they are more likely to find sales and discounts. Meanwhile, consumers hard hit by economic challenges might hold off on discretionary purchases all together due to financial constraints.
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.
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?
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