Inside Retail

FEBRUARY 20, 2024

Australia, like many other regions, is witnessing a significant shift in consumer behaviour, with e-commerce playing an increasingly integral role in the retail landscape. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2 billion in 2022.

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Inside Retail

OCTOBER 31, 2023

However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

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Inside Retail

MARCH 14, 2024

Independent Queensland grocer Skippys Fresh Frootz has garnered attention on social media for its videos highlighting its low prices at a time when Australia’s major supermarkets are facing scrutiny for their lack of transparency in their price-setting practices. Private-label brand sales account for 18.1

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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. This trend stems from affluent consumers’ busy lifestyles and their preference for curated shopping experiences. The Singapore luxury market is no exception.

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Parcel Pending

NOVEMBER 4, 2024

Other retailers such as Walmart, Target, and Wayfair offered their deals in September and early October as well. Inflationary Pressure — Consumers today feel tension from rising prices, geopolitical conflicts, and an unpredictable job market. retail growth in Q1 2024. retail growth in Q1 2024.

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Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth.

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Inside Retail

DECEMBER 13, 2023

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3

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Parcel Pending

FEBRUARY 12, 2025

The holiday rush may be over, but the real work for retailers is just beginning. As gift-giving winds down and returns ramp up, the post-holiday period offers a valuable window into consumer behavior and operational performance. Globally, sales were up 3% vs. a year ago, with total online sales totaling $1.2

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Inside Retail

OCTOBER 22, 2024

E-commerce and social media gave retail entrepreneurship a sniff but the march of technology, including AI, will inevitably tilt the playing field further toward the large chains with strong balance sheets. The mall operators, for their part, preferred the chains because of their brand recognition and stronger credit profiles.

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RetailMinded

FEBRUARY 19, 2021

2021 is in full swing and the reality is, it isn’t necessarily a breeze for small merchants in particular to capture consumer attention or dollars. In fact, retail sales jumped over 5% at the start of 2021 and consumers do not seem to be slowing down when it comes to spending. Explore Tundra here now. .

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Creative Displays Now

SEPTEMBER 15, 2023

It helps brands leverage and scale communication channels to promote products and increase sales while focusing on customer needs and journeys. Channels brands may use to connect with customers include: Email Ads Social media SMS texts Cross-channel marketing works by sending related messages through different channels.

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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. Greater Reach and Engagement With the rise of social media and video sharing platforms, product videos have become easily shareable content.

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Inside Retail

JUNE 16, 2022

In an era when more and more consumers are actively shopping across multiple channels, retailers across Australia are leaving millions of dollars of potential income on the table by not pursuing an omnichannel media management solution.

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Inside Retail

FEBRUARY 27, 2023

While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for 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

NOVEMBER 18, 2021

China’s online retail sales increased by approximately 12 per cent last year, despite the period of lockdown earlier in the year, and the latest forecasts suggest we will see further advances. trillion, about the same amount that American consumers currently spend, and is up from the forecast three years ago of US$9.7

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Inside Retail

DECEMBER 10, 2024

This growth will be largely driven by more brands viewing retail media as a key channel for performance-driven advertising, ranking alongside traditional formats, such as social media ads. per cent and outpacing the hardware segment, which will see 40.9 per cent YoY growth in 2025.

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Inside Retail

NOVEMBER 6, 2023

Weiss launched Glossier at a time of intense investor interest in direct-to-consumer e-commerce companies. The brand also faced allegations of toxic internal work culture and backlash from consumers disappointed by the lack of an inclusive product shade range. What’s been going on with Glossier?

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Inside Retail

FEBRUARY 17, 2023

The venture started out as a food blog and social media page “for families like ours who had health issues and food intolerances”. The Kehoes’ company has developed a core range of 30 SKUs packaged for retail sale under its own brand along with larger volumes for the food service sector and ‘white-label’ products for other brands.

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Retail Focus

FEBRUARY 2, 2024

Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade. Considering these numbers, retailers have valid reasons to go above and beyond to capture their fair share of the market.

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Show Best

DECEMBER 22, 2020

According to a McKinsey’s 2019 report , the prophecies of the decline of the brick and mortar stores are overly exaggerated – with e-commerce forecasted to account for only 21% of retail sales. Incorporate Social Spaces in Your Shopfront. This in turn helps to drive traffic and follow-up sales in-store. How efficient!

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Inside Retail

FEBRUARY 9, 2022

A retail business is far more than a store front, a website, and a social media post or marketing email – although often these elements are all the end customer perceives. As demographer Simon Kuestenmacher observed in an ABC interview, the changes in consumer buying behaviour during the pandemic have been significant.

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RetailMinded

OCTOBER 24, 2023

The retail arena, teeming with a plethora of brands offering a myriad of similar products, necessitates a methodical and consumer-centric approach to ensure that your brand not only survives but thrives amidst the fierce competition.

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Hunton Andrews Kurth

OCTOBER 5, 2021

Multi-level marketing has touched us all – whether it be purchasing beauty products, essential oils, or health supplements from a friend through social media, or receiving an invitation to join a team of seemingly successful people working their “side hustle.”

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Compliantia

JUNE 28, 2021

The retail industry has always been competitive, but the last few years have been more challenging than ever. People’s shopping habits have evolved dramatically and consumer expectations continue to increase. All the while, retail profit margins are shrinking. In fact, even as total retail sales saw a 10.6%

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Retail Bound

NOVEMBER 1, 2021

The packaging design needs to draw the attention of the target consumer within seconds. One in three consumers use social media to discover new products and brands, and 90% of people buy from brands they follow on social media.). Product packaging needs to do several things.

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Retail Bound

SEPTEMBER 10, 2024

Launching a new product in retail stores can be an exciting and nerve-wracking experience for any product manufacturer. After months, or even years, of hard work and dedication, your product is finally on the shelves for consumers to purchase. But how do you know if your product launch was successful?

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Parcel Pending

FEBRUARY 5, 2021

Remember: there is increased customer demand for this near-instant gratification method because consumers want to avoid a lengthy and cumbersome shopping experience. In 2020, $861 billion was spent on online eCommerce retail sales representing 21.3% of total retail sales and a staggering 87% increase from 2017 2.

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Parcel Pending

APRIL 21, 2021

Brick and Mortar Retail Stores: A Place to Try, Touch, & Taste. Although consumer return rates normally hover between 25-30%, Narvar reports that they skyrocketed to 70% in 2020! Consumers will get the gratification that comes from in- store shopping , and stores will have lower inventory and personnel requirements.”.

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Retail Times

APRIL 4, 2021

To help you do this, we’ve compiled a list of the most common types of retail customers that you may encounter, along with tips on how to approach and sell to each one. Consumers these days do a ton of research before making purchase decisions. Learn how to add real and perceived value to each sale. Check them out below: 1.

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Compliantia

FEBRUARY 16, 2021

To ensure that this doesn’t happen to you, we’re shedding light on the most common reasons consumers leave a store without buying anything, along with handy advice on how to improve. Research from Omnico Group found that consumers in the U.S. As such, consumers are highly sensitive to inconsistencies between different channels.

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Compliantia

FEBRUARY 16, 2021

To ensure that this doesn’t happen to you, we’re shedding light on the most common reasons consumers leave a store without buying anything, along with handy advice on how to improve. Research from Omnico Group found that consumers in the U.S. As such, consumers are highly sensitive to inconsistencies between different channels.

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Parcel Pending

SEPTEMBER 30, 2021

Consumer Shift: Hybrid Work is Here to Stay. Consumer Shift: Mask Mandates Are Keeping Residents Home. These actions have caused uncertainty with consumers and residents with some of them returning to lockdown habits of staying in, ordering take-out, socializing in a small pod, and refraining from international travel.

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Parcel Pending

MAY 18, 2021

In fact, eMarketer predicts that online retail sales will grow 17.9% And by 2024, eMarketer predicts ecommerce’s share of total retail sales will exceed 20% 1. Social Media Influences the Shopping Behaviors of College Students. National Retail Federation. Social media drives Gen Z shopping behavior.

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Greater Group

DECEMBER 24, 2019

When catering to the social media driven generation, it is imperative for brands to make their product, service or experience as a whole as attractive as possible. The value of social media as a marketing tool is beyond measure. According to figures published by Invesp, global online retail sales reached a total of 8.8%

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Inside Retail

JUNE 20, 2024

However, as retail is one of the biggest parts of the economy and the nation’s largest private-sector employer, it is probably wise to at least consider some of the implications. The election affects retail in two main ways. There is the election itself and what this does to consumer confidence and habits.

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