Inside Retail

NOVEMBER 13, 2024

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. However, Vera Bradley’s growth officer and CMO Alison Hiatt said the brand isn’t out for the count yet. How did Vera Bradley fall off?

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Inside Retail

NOVEMBER 5, 2024

Despite concerns about consumer spending, Yum China’s strategic focus on market expansion and customer satisfaction has yielded positive results. Growth despite weak sentiment “It’s true that consumers are becoming more rational and sophisticated in their choices. “We In the first nine months, the company returned $1.24

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Inside Retail

MAY 12, 2024

Understanding consumer behaviour is critical to creating a relevant retail offer and marketing message, but what happens when consumers behave in contradictory ways? Many retailers will recognise the reality that despite consumers saying they care about sustainability , their spending tells a different story.

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Inside Retail

NOVEMBER 4, 2024

Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? Vincom itself is also reporting a shift in consumer spending with a greater emphasis on necessities over discretionary items. What can Vincom do? appeared first on Inside Retail Australia.

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Inside Retail

DECEMBER 19, 2023

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.

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Inside Retail

OCTOBER 24, 2024

“As a result, some are visiting less often and I think today’s results tell that same story,” he said in an announcement, adding the company needs to fundamentally change its recent strategy to be able to improve its performance. The main issue is that consumers are buying less coffee from Starbucks in order to save money.

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Inside Retail

NOVEMBER 14, 2024

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.

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Inside Retail

SEPTEMBER 1, 2024

Malaysia represents a significant potential due to its dynamic and evolving coffee culture where consumers are open to trying new food and coffee experiences, making this a prime market for our brand,” Vaibhav Punj, CEO at Tim Hortons MGCA, told Inside Retail.

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Inside Retail

OCTOBER 22, 2024

Five months before launching in Australia, the business focused on gaining a deep understanding of Australian consumers and the trends, desires and purchasing habits of its tween to late-teen target market. A key insight that emerged from our research is that Australian consumers want ‘skincare to be easy’,” Richards said.

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Inside Retail

FEBRUARY 19, 2024

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

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Inside Retail

MARCH 19, 2024

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

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Inside Retail

MARCH 20, 2024

The evolution of once seemingly functional items, such as luggage, shoes and the humble water bottle, into status symbols, has led particular brands to develop cult followings and created opportunities for new products and services that cater to these consumer obsessions. The #airportoutfit has amassed over 690.3 I know what I want.

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Inside Retail

NOVEMBER 14, 2024

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 The way consumers dress in this region is strikingly different from the rest of the world.

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Retail Focus

JUNE 26, 2023

Online businesses will live or die depending on their SEO strategy as the ruthless toll of the cost of living crisis means almost a third of businesses went to the wall, reveals the latest government statistics. Something that is vital as most consumers opt to buy from a business on top of page one. It’s a faff but a necessary one.

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Inside Retail

NOVEMBER 19, 2024

As retailers gear up for peak season, many are fine-tuning sales strategies as shoppers’ spending capacity and preferences change. Consumers attracted to value and convenience The year-on-year growth in general retail purchases has bucked recent trends. Consumer Price Index, Australia. Here are just some of the trends.

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Inside Retail

JULY 25, 2024

Business as usual Indeed, many retailers have been preparing for the ‘death of cookies’ for years by amping up their first-party data strategies, and Baartse believes businesses should continue to do so. It not only deepens your understanding of your audience but also drives more effective marketing strategies.

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Inside Retail

JULY 11, 2024

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.

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Inside Retail

NOVEMBER 3, 2022

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.

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Inside Retail

MAY 2, 2024

Despite all the stereotypes about Gen Z, this cohort of consumers can not be oversimplified into a cliche, and Pelot drove home the point that “they are anything but a homogenous group”. The post Why retail needs a whole new strategy to target Gen Z appeared first on Inside Retail Australia.

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Inside Retail

MAY 5, 2024

This is why many growing retailers adopt ‘glocal’ strategies, a nuanced approach to expansion that blends the best of global reach with local adaptation. Before stepping foot in any new market, retailers should invest in thorough market research to understand the unique preferences and behaviours of local consumers.

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Inside Retail

JULY 20, 2023

For medium-to-large retailers, it’s mission-critical to understand the dynamics between consumers and the brands they love. It’s only when retailers can successfully align their value propositions with the desires and preferences of their core consumer base that they can forge deeper connections with customers and foster true brand loyalty.

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Inside Retail

NOVEMBER 29, 2023

Besides being a fun and effective way to enhance customer engagement, gamification can encourage consumer behaviours such as logging into an app to try a new product or sharing a recommendation on social. One of the strategies being deployed by many is introducing gamification into their loyalty solution.

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Inside Retail

FEBRUARY 29, 2024

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.”

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Inside Retail

DECEMBER 5, 2022

Consumers are the driving force behind a constantly changing, fragmented and evolving e-commerce landscape. From 2021 and even into early this year, 77 per cent of global consumers were still spending at or above the same levels online as they were a year prior. Inflation’s impact on e-commerce is still unclear.

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Inside Retail

JULY 21, 2024

With products available in 26 countries and regions worldwide, Momotaro Jeans is planning a broader expansion strategy to attract more international customers as tourism to Japan flourishes. The post Momotaro Jeans aims to capture international customers through rebrand strategy appeared first on Inside Retail Australia.

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Inside Retail

SEPTEMBER 20, 2024

It will take more than a cool concert and a spiffy marketing campaign to convince younger consumers to go to H&M for their next fashion fix. Retail experts like Melissa Minkow, a director of retail strategy at CI&T, are wary of H&M’s strategy of establishing a “middle ground” in the fast-fashion market.

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VMS

JUNE 7, 2021

Breakout Session: Pivoting to Meet New Consumer Demands: Creating a Brand Extension. As a new retail landscape emerges post-pandemic, consumers have already made it clear they crave authentic connection and real experiences with their brands. Speakers: CLAIBORNE IRBY , SVP, Strategy & Insight, Focus Brands.

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Inside Retail

OCTOBER 20, 2024

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.

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Consumer Accessories Accessories Engagement 130

Inside Retail

NOVEMBER 8, 2022

Given that Gen Z are the biggest consumers of products in the world, that’s a good sign, and it shows that the work we’ve done with our major brands in consumer research is coming into fruition,” she said. Focusing on the consumer. It focused on its existing portfolio, as well as its end consumer.

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Inside Retail

FEBRUARY 1, 2024

JD.com’s mega offline shopping destinations, Jd Mall and JD E-Space, are also set to revolutionise the shopping experience for consumers in eleven cities across China during the festive season. Xiaofeng Wang, principal analyst at Forrester, believes consumers are going to be a bit more cautious during this year’s festivities.

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Retail Focus

FEBRUARY 15, 2024

Understanding the psychology behind consumer behaviour is crucial for businesses and marketers aiming to tailor their strategies effectively. For students, grappling with academic demands often leads to unique consumer patterns, especially when seeking services that align with their educational needs. Social Influence.

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Inside Retail

JANUARY 8, 2024

Consumers empowered by social media are now dictating to brands which trends they need to meet. Pinterest recently forecasted the biggest consumer-led trends for 2024 with its Pinterest Predicts report using its search engine database which has over 400 million monthly users.

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Inside Retail

JANUARY 4, 2024

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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Retail Times

NOVEMBER 11, 2024

Retailers should inject fun into their shopping experience to keep consumers engaged and compete with service platform providers, such as Uber Eats and Deliveroo. The 2024 OC&C Strategy Consultants Global Retail Proposition Index (RPI) highlights that consumers are increasingly prioritising services and experiences over goods.

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