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Why luxury Aussie retailers are missing a major consumer segment

Inside Retail

Bastion Insights client coordinator Vedant Bhusari noted that department stores Myer and David Jones are considered by many to be operating in luxury retail. However, she believes there is still work to be done, with awareness still relatively low among Mainland Chinese and South Asian communities in Australia.

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Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. This reflects the growing demand for good quality fashion at competitive prices.”

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Retail appointments for the week

Inside Retail

Woolworths Group’s retail media business Cartology has announced two appointments, saying it is expanding its team to better serve its clients. International Group of Department Stores appoints new president. The International Group of Department Stores (IGDS) has appointed André Maeder as the new IGDS President for 2021-2023.

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Why clothiers are betting on ‘cooling’ fabrics as global temps rise

Inside Retail

But with rising temperatures, more retailers are promoting them for hot weather and expanding into year-round styles as winters grow warmer. Few retail market firms track specific sales of “cooling” clothes, but related fabric manufacturing is rising.

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The Four Ps of Retail Business: Mastering the Basics of Retail for Your Business

RetailMinded

Stay with us as we guide you through the journey of building a successful retail business with the right strategies and a deep understanding of the retail sector. What Are the 4 Ps of Retail Management? The 4Ps of retail management are: product, place, price and promotion. Let’s dive into the details of each below!

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Costco: Retail’s least-hyped show on earth

Inside Retail

Costco (like other ‘treasure hunt’ retailers such as TJX, Aldi and Trader Joe’s) are a marketer’s graveyard because their business models don’t allow them the luxury of a big marketing budget to promote products or cover up deficiencies. Indeed, their business models repose partly on not marketing at all.

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5 Best Experiential Retail Examples

Greater Group

Experiential retail creates a safe space for new customers to be charmed by what the store offers, and for customers already familiar with the brand to promote their idea of it and solidify their commitment to it. 5 examples of retailers who have implemented the retailtainment concept in their stores.