Inside Retail

FEBRUARY 20, 2024

In this article, we will delve into the top five e-commerce tips that should be at the forefront of your strategy, with a keen focus on driving growth not only within the digital realm but across your entire business. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2

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Retail Focus

DECEMBER 10, 2021

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Despite this, there are some bright shoots of recovery.

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Inside Retail

JUNE 16, 2021

With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses. One surefire way to drive customers back is by participating in key retail sales events. For most brands, sales events have become a regular part of the calendar.

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Inside Retail

APRIL 21, 2024

The latest forecasts predict that China’s GDP and total retail sales of consumer goods will hit growth rates of 4.8 per cent) of surveyed department store operators expect their sales to grow in 2024, a significant decrease from last year’s 85.7 per cent and 6 per cent respectively. Two thirds (66.3 Two thirds (66.3

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Inside Retail

NOVEMBER 13, 2023

Go-to destination for grocery According to Statista , a German data and analytics platform, in the US, Walmart’s net sales grew by seven per cent year on year in the 2023 fiscal year. Currently, Walmart is the largest retailer in the US, with over double the retail sales of its nearest competitors. billion in 2017.

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Inside Retail

APRIL 30, 2024

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4 This series recently won a prestigious Gold LIT Award,” he said.

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Inside Retail

MARCH 13, 2023

Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer. In the future, we believe customers will still want to visit physical stores, but they will do so for experiences and to engage with others, rather than just picking up a bottle. per cent in 2020.

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Inside Retail

APRIL 29, 2021

They are now so big and so powerful that Amazon is the default,” Nathan Bush, director of e-commerce strategy at eSuite, told Inside Retail. “Many domestic retailers were not strong on digital, especially department stores which offer similar home product ranges,” she told Inside Retail. . billion in 2019.

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Retail Bound

NOVEMBER 28, 2023

As the world becomes increasingly digital, product videos have become an essential tool for product manufacturers looking to increase their sales in retail. Not only do they provide a visually engaging way to showcase products, but they also help to build trust and credibility with potential customers.

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Inside Retail

JUNE 30, 2021

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth.

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Inside Retail

DECEMBER 1, 2021

A growing reliance on high-quality first-party data will create huge opportunities in technical and creative innovation and will help publishers and advertisers provide more relevant and engaging advertising content. Change brings new opportunities. growing database of first-party data. growing database of first-party data.

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Inside Retail

OCTOBER 20, 2024

The festive season is just around the corner, and despite economic challenges, Australian retailers have plenty of reasons to feel optimistic about this year’s peak shopping period. Recent research shows retail sales are set to surge, driven by savvy shoppers and key events like Black Friday and Cyber Monday.

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Inside Retail

OCTOBER 5, 2023

The era of combative relationships between retailers and landlords has passed according to experienced retail property specialist Elizabeth Corr. The future should be about collaboration, especially in an era where online is taking a growing share of total retail sales, she says.

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Retail Bound

JANUARY 6, 2021

With an innovative marketing strategy, a business can improve brand recall leading to more customer loyalty and increased sales. Influencing marketing is one of the innovative strategies that brands have been using to reach and engage their customers. Reaching out to relevant audiences. appeared first on Retailbound.

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Inside Retail

AUGUST 14, 2024

The head of retail at Accent Group’s Hype DC, The Trybe and Subtype ispassionate about championing retail as a career, and a lucrative one at that, and firmly believes that leaders can lead with empathy and get commercial results. A year later, the children’s footwear retailer Trybe was added to her plate.

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Inside Retail

DECEMBER 13, 2023

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 billion in retail sales the year before. But that is beginning to change, as American institutions increasingly embrace multicultural festivities.

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Inside Retail

DECEMBER 10, 2024

E-commerce marketplaces to gain share In 2025, Coresight Research expects online marketplaces will capture an even larger share of retail sales, and may even potentially outpace traditional retailers, as consumers continue to favour the convenience and competitive prices that platforms like Shein and Temu offer.

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Inside Retail

DECEMBER 1, 2024

Sacha Laing: Joining the business was about accelerating growth, and having a deep omnichannel and retail experience as I do, and coming into the business, that [opening stores] was absolutely the intent. It’s a great business and it holds a very special place in the beauty category as the leading pureplay online retailer.

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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 27, 2022

In this Post-Covid trading environment, where online sales are now accounting for 25 per-cent or more of retail sales, the majority of Australian retailers are reviewing their physical store network. In reality, many retailers may be better served by retaining a smaller, high-performance store network.

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Inside Retail

MARCH 29, 2022

Women’s fashion brand Sheike has announced plans to open its first store in South Australia off the back of strong online engagement in the state. It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail. They really work hand in hand for us,” she said.

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Inside Retail

NOVEMBER 13, 2024

With retail sales declining for four consecutive months as consumers cut down spending, Raffles City is now implementing a strategic shift to increase footfall, adapting to the changing market dynamics.

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Creative Displays Now

SEPTEMBER 15, 2023

Retail customers have various ways to shop, from brick-and-mortar to e-commerce stores. When marketing your products, developing strategies that help you reach audiences in all channels is essential. Even with the number of people shopping online, 85% of all retail sales still happen in brick-and-mortar stores.

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Inside Retail

OCTOBER 24, 2021

Amazon’s advertising revenues are forecast to reach $30 billion this financial year, close to 6 per cent of its retail sales, and many multiples beyond that of most traditional retailers. However, my experience is that customers are more likely to engage with targeted ads than mass offers. So, exciting times ahead.

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Inside Retail

NOVEMBER 11, 2021

This low stock model is more efficient but also requires manufacturers to be more responsive to the online retailer’s needs, since there is much less safety stock held in the supply chain. A less aggressive option is for brands to connect directly with consumers in partnership with the retailer.

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Inside Retail

APRIL 20, 2021

This low stock model is more efficient but also requires manufacturers to be more responsive to the online retailer’s needs, since there is much less safety stock held in the supply chain. A less aggressive option is for brands to connect directly with consumers in partnership with the retailer.

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Retailing Insight

NOVEMBER 2, 2021

This coming year will set the new shopping trends in stone for the next decade and create a new standard for retailers to pay attention to and master. Here are the top tips for you to take note of as we head into 2022 with a new strategy. As you create your strategy for next year, keep customer convenience as your driver.

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Retail Focus

JULY 20, 2021

Plans include the development of a new family entertainment ‘Leisure District’, allowing visitors of all ages to enjoy a range of non-retail activities and attractions, as well new restaurants.

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Creative Displays Now

SEPTEMBER 7, 2022

As more aspects of sales go digital, you probably think about how you can stay ahead with marketing techniques and strategies that will work in the modern industry. Physical temporary displays are still beneficial for sales. Retailers use POP displays to make their stores engaging to their customers.

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VMS

JANUARY 25, 2022

(PRESS RELEASE) Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. billion (10.6

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Retail Bound

MARCH 7, 2023

The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. Finding a way to sell across all channels, is where the concept of omni-channel retailing comes in. Retail stores is by far the largest retail market segment at $6.5

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent of total U.S.

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RetailMinded

OCTOBER 24, 2023

In the vibrant and ever-evolving world of retail, brands vie for a coveted spot in the consumer’s attention and shopping basket, making a meticulously crafted sales outreach strategy becomes the cornerstone of enduring success.

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Parcel Pending

FEBRUARY 5, 2021

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. eCommerce predictions are clear: online shopping will continue, but savvy retailers will find ways to provide a seamless omnichannel strategy. years vs. 3.4

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Compliantia

JUNE 28, 2021

As such, every retailer needs to be aware of the right strategies in order to be truly successful in the current landscape. ” As such, hiring and investing in skilled and passionate employees — even if it costs more in the short-term — is a much more profitable strategy than cutting corners when it comes to staffing.

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Retail Bound

SEPTEMBER 10, 2024

This can be measured through metrics such as website traffic, social media engagement, and mentions in the press. Sales Growth Of course, sales numbers are still an important metric to consider when measuring the success of a product launch.

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Retail Times

APRIL 4, 2021

Don’t wait until they’re standing in front of you to engage them (well-informed shoppers have likely made up their minds at that point, anyway). Many large retailers deal with showroomers by matching their competitors’ prices. Of course, price matching isn’t always feasible, especially for small and medium retailers with tight margins.

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